Pune, India — 02/02/2018 — The Global Osgood-Schlatter Market is expected to reach USD 3.7 billion by 2023, and the market is projected to grow at a CAGR of ~ 4.1 % during the forecast period 2017-2023.
Osgoodâ€“Schlatter disease (OSD), is inflammation of the knee and area adjacent to knee and is characterized by a painful bump just below the knee which worsens with activity. OSD is primarily the disease of growing adolescents especially experiencing growth spurts. OSD is common in those participating in sports and other physical activities especially high intensity sports such as running or jumping. OSD generally resolves with time especially with rest.
OSD affects 4% of people at least once in their lifetime and is more common in males between the ages of 10 and 15. The male to female ratio is approximately 5:1. The symptoms of OSD includes knee pain, swelling, tenderness, increased warmth under the knee and others. In extreme cases OSD may result in fracture.
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The market drivers for global Osgood-Schlatter market are rise in adult and young population, increasing awareness and screening, development of healthcare and orthopaedic centres, rise in sports culture, growing influence of sports media, growth of physiotherapy and advancements in drugs and surgery, development of extreme sports such as mountaineering, rock climbing etc. The market restraints are the complications of treatment such as pain, bleeding, high cost of treatment, competition from alternative treatment and self-correcting nature of the disease etc.
Market development represents the best strategy for the market growth. The market is expected to witness exponential growth over the review period owing to minimal invasive surgical procedures for the treatment of fractures associated with OSD.
Product development represents the best strategy for dominating the market as the present drug treatment is fraught with side effects and is also costly. Cost of the product will be a decisive factor in the developing regions such as Asia Pacific and especially Africa. The growing demand for better and minimally invasive surgical procedures is the greatest unmet need of the market.
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Global Osgood-Schlatter Market Players
Some of the key players profiled in the report are DJO Global, Inc., Teva Pharmaceutical Industries Ltd., Breg, Inc., Bayer HealthCare Pharmaceuticals LLC, Ossur HF, Daiichi Sankyo Company, Limited, Pfizer, Inc., Novartis AG, and others.
Market Factor Analysis
Global Osgood-Schlatter Market, by Diagnosis
Global Osgood-Schlatter Market, by Treatment
Global Osgood-Schlatter Market, by End User
Global Osgood-Schlatter Market, by Region
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