Viscosupplementation Market To Experience Lucrative Growth Due To Rising Prevalence & Incidence Of Osteoarthritis Till 2025: Grand View Research, Inc.
The global viscosupplementation market is expected to reach USD 6.52 billion by 2025, based on a new report by Grand View Research, Inc. The market is expected to observer an exponential growth over the next 9 years due to the increasing incidence of osteoarthritis, wounds, gingivitis, & ulcers and growing base of the geriatric population are some high-impact rendering drivers of the viscosupplements market. Estimates published by the WHO suggest that the global population of the age group 65 years and above is anticipated to rise from 7% in 2000 to 16% in 2050. An associated consequence of this increase in the geriatric population will be an increase in the incidence of obesity and osteoarthritis. Along with growing preference for minimally invasive surgeries, global increase in the target population is expected to significantly propel demand for viscosupplementations throughout the forecast period. U.S. viscosupplementation market by product, 2014 - 202...