Product Code: GVR-4-68039-530-4
Tendonitis Treatment Market Growth & Trends:
The global tendonitis treatment market size is expected to reach USD 281.8 billion by 2030, registering a CAGR of 3.7% over the forecast period, according to a new report by Grand View Research, Inc. Growing participation in physical and sporting activities, directly influences the rise in prevalence of sports-related injuries. In addition, the rising incidence of occupational injuries is anticipated to contribute to the development and growth of the industry over the forecast period. The growing global geriatric population is susceptible to bone disorders, diabetes, arthritis, osteoarthritis, osteoporosis, or tendonitis. Industry participants that are constantly innovating advanced therapies and technologies in managing tendonitis are also contributing to the market growth.
Growing investments, industry collaborations, and increasing favorable government support are other key factors accelerating market growth. Over the past years, there has been a transition from proactive to preventive therapies in managing the health of sportspersons in preventing injuries. According to Standard Children's Health, in 2018, approximately 3.5 million out of 30 million adolescents participating in sporting activities in the U.S. incur sports-related injuries. As per studies, annually, around 775,000 adolescents receive therapies and treatments for sports-related injuries in the U.S. Major players are expanding their business footprint in both developed and emerging economies through product innovation and strengthening their distribution cycles.
During the COVID-19 pandemic and enforced lockdowns and travel restrictions imposed across countries, the industry growth was negatively impacted owing to a decline in the number of tendonitis treatment procedures. Postponement and cancellation of sporting events led to a decline in the incidence of sports-related injuries, thereby, resulting in a decline in the business performance of the market. In 2021, the therapy segment accounted for the largest share and is anticipated to grow significantly over the forecast period. This is owing to the high preference for non-invasive treatment procedures. The first line of treatment management is physical therapy, which is expected to witness considerable growth.
The Achilles tendonitis segment dominated the industry in 2021. This growth can be attributed to the growing incidence of sports-related injuries in sports players. As per studies, the incidence rate of Achilles tendonitis ranges between 5 to 10 individuals per 100,000 people. North America accounted for the largest share in 2021 owing to the presence of renowned manufacturers and distributors, growing incidence of sports-related & trauma injuries, and rising awareness about the availability of various therapies & surgical procedures.
Tendonitis Treatment Market Report Highlights:
- The industry is expected to have significant growth over the forecast period owing to the increasing participation in physical & sporting events, leading to a growth in the number of injuries, thereby requiring therapies and surgeries
- The emergence of innovative and advanced solutions is responsible for industry growth over the forecast period
- In 2021, the therapy treatment segment accounted for the largest revenue share owing to the increased preference for non-invasive treatment over the surgical procedure for tendonitis
- Based on the condition type, Achilles tendonitis held the largest revenue share in 2021 owing to the increased incidence of sports injuries
- North America was the largest region in 2021 on account of the high number of surgeries performed in the region
Table of Contents
Chapter 1 Research Methodology & Scope
- 1.1 Market Segmentation & Scope
- 1.1.1 Estimates and Forecast Timeline
- 1.2 Research Methodology
- 1.3 Information Procurement
- 1.3.1 Purchased database:
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary sources
- 1.3.4 Primary Research:
- 1.3.5 Details of Primary Research
- 1.4 List of Secondary Sources
- 1.5 List of Primary Sources
- 1.6 Information or Data Analysis
- 1.6.1 Data Analysis Models
- 1.7 Market Formulation & Validation
- 1.7.1 Approach 1: Commodity Flow Approach
- 1.7.2 Global Market: CAGR Calculation
- 1.8 Abbreviations
- 1.9 Report Objectives
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.1.1 Tendonitis Treatment Market Estimates and Forecasts, 2016 - 2030 (USD Million)
- 2.2 Segment Outlook
- 2.3 Competitive Outlook
- 2.4 Tendonitis Market Summary, 2021
Chapter 3 Tendonitis Treatment Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent market analysis
- 3.1.2 Ancillary market Analysis
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Pricing Analysis
- 3.4 Product Pipeline Analysis
- 3.5 Industry Analysis
- 3.5.1 Consumer behavior analysis
- 3.5.2 Market influencer analysis
- 3.5.2.1 North America
- 3.5.2.2 Europe
- 3.5.2.3 Asia Pacific
- 3.5.2.4 Latin America
- 3.5.2.5 MEA
- 3.5.3 List of key end-users, by product
- 3.6 Regulatory Framework
- 3.6.1 Reimbursement framework
- 3.6.2 Standards & compliance
- 3.6.2.1 CPT Coding implications
- 3.6.2.2 HCPCS Coding implications
- 3.6.3 Safety
- 3.7 Tendonitis Treatment Market Dynamics
- 3.7.1 Market driver analysis
- 3.7.1.1 Increasing prevalence of sports injuries
- 3.7.1.2 Technological advancements pertaining to novel product development
- 3.7.1.3 Growing awareness of tendonitis treatment options
- 3.7.2 Market restraint analysis
- 3.7.2.1 Insurance coverage is limited in emerging countries
- 3.8 Tendonitis Treatment Market Analysis Tools
- 3.8.1 Industry Analysis - Porters
- 3.8.1.1 Supplier Power- Moderately High
- 3.8.1.2 Buyer Power- Moderate
- 3.8.1.3 Threat Of Substitutes- Moderate
- 3.8.1.4 Threat Of New Entrants- Low
- 3.8.1.5 Competitive Rivalary- High
- 3.9.2 PESTEL Analysis
- 3.9.2.1 Political Landscape
- 3.9.2.2 Economic Landscape
- 3.9.2.3 Social Landscape
- 3.9.2.4 Technology Landscape
- 3.9.2.5 Environmental Landscape
- 3.9.2.6 Legal landscape
- 3.10. Major Deals & Strategic Alliances Analysis
Chapter 4 Tendonitis Treatment Market: Competitive Analysis
- 4.1 Market Participation Categorization
- 4.1.1 Regional network map
- 4.1.2 Innovators
- 4.1.3 Key company market share analysis, 2021
- 4.1.4 Company market share by region, 2021
- 4.2 Public Companies
- 4.2.1 Company market position analysis
- 4.2.2 Heat Map Analysis
- 4.3 Private Companies
- 4.3.1 List of emerging companies
- 4.3.2 Heat Map analysis
- 4.4 Vendor Landscape
- 4.4.1 List of key distributors and channel partners
- 4.4.2 Key customers
Chapter 5 Tendonitis Treatment Market: Treatment Estimates & Trend Analysis
- 5.1 Treatment Market Share Analysis, 2021 & 2030
- 5.2 Treatment Dashboard
- 5.2.1 Therapy
- 5.2.1.1 Therapy Market Estimates And Forecasts, 2016 - 2030 (USD MILLION)
- 5.2.1.1.1 Hot and Cold Therapy
- 5.2.1.1.2 Physical Therapy
- 5.2.1.1.3 Shockwave Therapy
- 5.2.2 Surgery
- 5.2.2.1 Surgery Market Estimates And Forecasts, 2016 - 2030 (USD MILLION)
Chapter 6 Tendonitis Treatment Market: Condition Estimates & Trend Analysis
- 6.1 Condition Market Share Analysis, 2021 & 2030
- 6.2 Condition Dashboard
- 6.2.1 Tennis Elbow
- 6.2.1.1 Tennis Elbow market estimates and forecasts, 2016 - 2030 (USD Million)
- 6.2.2 Golfer's Elbow
- 6.2.2.1 Golfer's Elbow market estimates and forecasts, 2016 - 2030 (USD Million)
- 6.2.3 Pitcher's Elbow
- 6.2.3.1 Pitcher's Elbow market estimates and forecasts, 2016 - 2030 (USD Million)
- 6.2.4 Jumper's Knee
- 6.2.4.1 Jumper's Knee market estimates and forecasts, 2016 - 2030 (USD Million)
- 6.2.5 Swimmer's Shoulder
- 6.2.5.1 Swimmer's Shoulder market estimates and forecasts, 2016 - 2030 (USD Million)
- 6.2.6 Achilles Tendonitis
- 6.2.6.1 Achilles Tendonitis market estimates and forecasts, 2016 - 2030 (USD Million)
Chapter 9 Tendonitis Treatment Market: Regional Estimates & Trend Analysis, By Treatment, By Condition
- 9.1 Regional Dashboard
- 9.2 Regional Market Snapshot
- 9.3 Global tendonitis treatment market: Regional Movement Analysis
- 9.4 Market Share Analysis by Country, 2021
- 9.4.1 North America
- 9.4.2 Europe
- 9.4.3 Asia Pacific
- 9.4.4 Latin America
- 9.4.5 MEA
- 9.5 North America
- 9.5.1 North America Tendonitis Treatment Market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.5.2 U.S.
- 9.5.2.1 U.S. Tendonitis Treatment Market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.5.3 Canada
- 9.5.3.1 Canada Tendonitis Treatment Market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.6 Europe
- 9.6.1 Europe Tendonitis Treatment Market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.6.2 U.K.
- 9.6.2.1 U.K. Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.6.3 Germany
- 9.6.3.1 Germany Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.6.4 France
- 9.6.4.1 France Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.6.5 Italy
- 9.6.5.1 Italy Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.6.6 Spain
- 9.6.6.1 Spain Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.6.7 Russia
- 9.6.7.1 Russia Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.7 Asia Pacific
- 9.7.1 Asia Pacific Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.7.2 Japan
- 9.7.2.1 Japan Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.7.3 China
- 9.7.3.1 China Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.7.4 India
- 9.7.4.1 India Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.7.5 South Korea
- 9.7.5.1 South Korea Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.7.6 Singapore
- 9.7.6.1 Singapore Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.7.7 Australia
- 9.7.7.1 Australia Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.8 Latin America
- 9.8.1 Latin America Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.8.2 Mexico
- 9.8.2.1 Mexico Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.8.3 Brazil
- 9.8.3.1 Brazil Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.8.4 Argentina
- 9.8.4.1 Argentina Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.9 MEA
- 9.9.1 MEA Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.9.2 South Africa
- 9.9.2.1 South Africa Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.9.3 Saudi Arabia
- 9.9.3.1 Saudi Arabia Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
- 9.9.4 UAE
- 9.9.4.1 UAE Tendonitis Treatment market estimates and forecasts, 2016 - 2030 (USD Million)
Chapter 10 Company Profiles
- 10.1 Merck & Co. Inc
- 10.1.1 Company overview
- 10.1.2 Financial performance
- 10.1.3 Product benchmarking
- 10.1.4 Strategic initiatives
- 10.2 AstraZeneca
- 10.2.1 Company overview
- 10.2.2 Financial performance
- 10.2.3 Product benchmarking
- 10.2.4 Strategic initiatives
- 10.3 Boehringer Ingelheim Pharmaceuticals, Inc
- 10.3.1 Company overview
- 10.3.2 Financial performance
- 10.3.3 Product benchmarking
- 10.3.4 Strategic initiatives
- 10.4 Abbott
- 10.4.1 Company overview
- 10.4.2 Financial performance
- 10.4.3 Product benchmarking
- 10.4.4 Strategic initiatives
- 10.5 Pfizer
- 10.5.1 Company overview
- 10.5.2 Financial performance
- 10.5.3 Product benchmarking
- 10.5.4 Strategic initiatives
- 10.6 Bayer AG
- 10.6.1 Company overview
- 10.6.2 Financial performance
- 10.6.3 Product benchmarking
- 10.6.4 Strategic initiatives
- 10.7 GlaxoSmithKline, PLC
- 10.7.1 Company overview
- 10.7.2 Financial performance
- 10.7.3 Product benchmarking
- 10.7.4 Strategic initiatives
- 10.8 Almatica Pharma, Inc
- 10.8.1 Company overview
- 10.8.2 Financial performance
- 10.8.3 Product benchmarking
- 10.8.4 Strategic initiatives
- 10.9 Teva Pharmaceuticals Industries
- 10.9.1 Company overview
- 10.9.2 Financial performance
- 10.9.3 Product benchmarking
- 10.9.4 Strategic initiatives