Market Trends of Tendonitis Treatment Industry
This section covers the major market trends shaping the Tendonitis Treatment Market according to our research experts:
Tennis Elbow is Expected to Hold Significant Share in the Studied Market Over the Forecast period.
The tennis elbow segment will likely record a significant growth rate during the forecast period. New product launches and the availability of cost-effective treatment options are the major growth factors for the growth of the tennis elbow segment.
According to a study published in the World Journal of Orthopedics in April 2022, lateral epicondylitis (LE), also known as tennis elbow, is a reasonably frequent ailment that affects 1%-3% of the population each year. Approximately 4-7/1000 persons consult their general practitioner owing to LE symptoms. It is anticipated that roughly 40% of all persons may experience LE symptoms at some point in their lives. The significant burden of tennis elbow may propel the demand for its treatment, thereby boosting the segment's growth. Additionally, according to an article published by the National Library of Medicine in July 2021, the disease is more common in individuals aged older than 40 years.
Tennis elbows are treated using various methods, including physical therapy, surgery and other treatments such as hyaluronic acid. For instance, according to a study published in BMC Journal in January 2022, hyaluronic acid (HA) injections provided significant pain relief for patients with chronic TE. This study suggested that patients with chronic lateral epicondylitis may benefit from hyaluronic acid injections rather than undergoing a surgery.
North America is Expected to Hold a Significant Market Share Over the Forecast Period
The tendonitis treatment market in North America is expected to dominate the global market due to the presence of major players and higher expenditure on advancements in healthcare. Awareness among people about tendonitis is growing more in North America compared to other regions. Due to well-established healthcare facilities, the increasing geriatric population, and the growing number of orthopedic procedures, North America is likely to dominate the overall tendonitis treatment market.
According to data from the National Safety Council (NSC) updated in 2022, about 115,790 swimming injuries were treated in emergency rooms in 2021, with children under 14 years suffering half of all injuries. In addition, in 2021, 3.2 million people were treated in emergency departments for injuries involving sports and recreational equipment, and the activities frequently associated with injuries are exercise, cycling, and basketball. Thus, a significant number of sports injuries may increase the tendonitis condition, increasing the demand for its treatment and boosting the market.
As per a study published in March 2021 in the World Journal of Orthopedics, about 1 in 10 patients suffering from tennis elbow conditions with persistent symptoms for more than six months required surgery in the United States. However, around 8.5% of patients complained about the recurrence of the condition within two years.
