loader
report-image

Tendonitis Treatment Market Size - By Condition (Tennis Elbow, Swimmer’s Shoulder, Jumper’s Knee, Achilles Tendonitis, Pitcher’s Elbow, Golfer’s Elbow) By Treatment (Surgery, Therapy), By Region Global & Forecast, 2024-2033

  • PUBLISHED ON
  • 2023-11-08
  • NO OF PAGES
  • 290
  • CATEGORY
  • Healthcare & Life Sciences

Market Overview

Tendonitis Treatment Market is projected to achieve a value of USD 232.3 Billion in 2023, with a linear behavior in the market growth it is forecasted to achieve a value of USD 310.2 Billion by 2033 with a CAGR of 3.2% during the forecast period 2023-2033.

Tendonitis is characterized by the irritation of a tendon, which is the connective tissue linking muscles to bones. It commonly results from excessive use, injury, or the natural aging process. This condition leads to pain, swelling, and limitations in the affected area's movement. Repetitive activities like sports, typing, or manual labor often contribute to its development.

Tendonitis can impact various parts of the body, including the knees, elbows, heels, shoulders, thumbs' base, Achilles tendon, and wrists. Specific types are recognized by names such as swimmer's shoulder, golfer's elbow, tennis elbow, and jumper's knee. The causes can range from sudden exercise-related injuries to occupational activities. Older individuals, particularly those involved in sports, are at a higher risk. Effective treatment for tendonitis is crucial to prevent tendon ruptures and the onset of tendinosis, a degenerative condition. There are various options available, including non-surgical approaches like physical therapy, rest, cold compresses, and anti-inflammatory medications, which are commonly used for relief.

Moreover, advanced treatments like corticosteroid injections and platelet-rich plasma therapy might be considered. Minimally invasive surgery is an option for specific situations. Medical devices and braces are also available to aid recovery and provide support for tendonitis patients. Further research and development are necessary for comprehensive tendonitis treatment.

The tendonitis treatment market for tendonitis treatment is expected to grow due to several factors, including the increasing prevalence of the condition, an aging population, a greater demand for preventive healthcare, higher healthcare spending, increased awareness of the condition, effective treatment options, the surge in competitive sports and recreational activities, and the introduction of innovative treatment choices.

Furthermore, advancements in the field of medicine and ongoing research efforts have given rise to novel approaches for addressing tendonitis. These innovative treatments encompass minimally invasive methods like ultrasound-guided injections and regenerative therapies such as platelet-rich plasma and stem cell therapy. These options provide patients with more efficient and less intrusive means of managing their condition. Consequently, these breakthroughs not only enhance patient outcomes significantly but also foster market growth as an increasing number of individuals seek these state-of-the-art treatments.

The global tendonitis treatment industry has experienced adverse effects due to the COVID-19 pandemic. Following the outbreak, non-essential surgeries were postponed or rescheduled because of the sudden surge in the need for hospital beds to accommodate COVID-19 patients. This situation significantly hindered the growth of the tendonitis treatment sector.

Market Scope

Report Attributes

Description

Market Size in 2023

USD 232.3 Billion

Market Forecast in 2033

USD 310.2 Billion

CAGR % 2024-2033

3.2%

Base Year

2023

Historic Data

2016-2022

Forecast Period

2024-2033

Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Condition, By Treatment and By Region

Growth Drivers

Innovations in medical technology, including minimally invasive procedures and imaging techniques (e.g., ultrasound and MRI), have improved the diagnosis and treatment of tendonitis, making it more accessible and effective for patients.

Emerging regenerative therapies, including platelet-rich plasma (PRP) and stem cell treatments, show promise in promoting tendon healing. These innovative therapies are expanding treatment options and driving market growth.

Ongoing research into tendonitis treatments, including the development of novel pharmaceuticals, medical devices, and therapeutic techniques, is expanding the range of treatment options available to patients.

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

Almatica Pharma, Inc., Teva Pharmaceuticals Industries, Merck and Co., Inc., Bayer AG, Boehringer Ingelheim Pharmaceuticals, Inc., Pfizer, GlaxoSmithKline PLC, AstraZeneca and Abbott

Market Dynamics

Market Drivers

The Increasing Incidence Of Injuries And Conditions Related To Tendons

The Tendonitis Treatment Market is witnessing growth driven by an increasing prevalence of tendon-related injuries and disorders. This increase can be attributed to several factors, including a growing aging population, increased participation in physical activities, enhanced diagnostic techniques, and advancements in treatment technologies. Moreover, the market is benefiting from increased healthcare spending, as patients explore various treatment options. Sports-related injuries, particularly among athletes, also contribute to the demand for effective remedies. With the global population aging, degenerative conditions and tendon problems are becoming more common. All of these factors collectively contribute to the expansion of the Tendonitis Treatment Market, providing a broader array of treatment choices and solutions for individuals affected by these conditions.

Lifestyle Changes And Work Habits

Changes in lifestyle and work practices play a substantial role in impacting the Tendonitis Treatment Market by contributing to the increased occurrence of tendon-related problems. Sedentary lifestyles, repetitive movements in specific occupations, and poor ergonomic habits heighten the risk of tendonitis. The excessive use of technology, extended periods of sitting, and insufficient rest intervals strain tendons, resulting in injuries. Furthermore, an aging workforce and prolonged hours in demanding professions increase vulnerability to these conditions. As individuals seek treatment for these work-related issues, the market experiences a rise in demand for remedies, physical therapies, and innovative interventions, consequently fostering the expansion of the Tendonitis Treatment Market.

Market Restrains

Extended Recovery Periods For Certain Treatments

The Tendonitis Treatment Market can face various challenges due to the extended recovery periods associated with certain treatments. Lengthy recovery times have adverse effects on patient compliance and satisfaction, which can deter individuals from pursuing these treatments. This drawback may reduce the adoption of such therapies due to the inconvenience and the potential loss of productivity during the recovery period. Additionally, prolonged recovery times could lead to increased healthcare costs, as they may necessitate additional visits or extended care, making these treatments less appealing or feasible for some patients. Consequently, the market may experience reduced acceptance and utilization of treatments with extended recovery times, impacting their overall market reach and growth potential. Innovations that shorten recovery periods are more likely to gain traction and find greater acceptance in the market.

Market By Condition Analysis

By Condition, the Tendonitis Treatment Market is Categories into Tennis Elbow, Swimmer’s Shoulder, Jumper’s Knee, Achilles Tendonitis, Pitcher’s Elbow, Golfer’s Elbow. The Achilles Tendonitis segment accounts for the largest share of around 30% in 2022.


The Achilles tendonitis section is a significant part of the larger market for treating tendonitis. It specifically targets the inflammation and discomfort occurring in the Achilles tendon, which is the body's largest tendon. This issue commonly develops from overuse, wearing inappropriate footwear, or a sudden surge in physical activity, making it prevalent among athletes and people leading active lives.

Market By Treatment Analysis

By Treatment, the Tendonitis Treatment Market is Categories into Surgery, Therapy. The Therapy segment accounts for the largest share of around 51% in 2022. Within the tendonitis treatment market, the therapy segment encompasses a range of approaches designed to alleviate pain, reduce inflammation, and enhance the overall function of the affected tendons and joints.

Market Regional Analysis

North America dominate the Tendonitis Treatment Market with the highest revenue generating market with share of more than 43%. The market in North America is a constantly changing and rapidly developing segment within the healthcare sector of the region. North America, with its advanced healthcare infrastructure and significant healthcare spending, is at the forefront of pioneering treatments, state-of-the-art therapies, and research efforts focused on addressing tendonitis. The primary driving force behind this market is the high occurrence of tendonitis cases, especially among older individuals leading active lives, who are in search of efficient treatment choices.

In the Asia Pacific region, several nations are observing notable developments in the Tendonitis Treatment Market. Enhancements in the healthcare infrastructure in the region have resulted in better access to specialized medical treatments and services. The increased healthcare spending, growing awareness of musculoskeletal conditions, and a strong emphasis on disease prevention are projected to drive market growth. Nations such as China, Japan, South Korea, and India are actively engaged in substantial research and development efforts. These advancements have facilitated the adoption of innovative approaches like regenerative techniques and minimally invasive surgery for addressing tendonitis.

Competitive Analysis

The Tendonitis Treatment Market is dominated by a few large companies, such as Almatica Pharma, Inc., Teva Pharmaceuticals Industries, Merck and Co., Inc., Bayer AG, Boehringer Ingelheim Pharmaceuticals, Inc., Pfizer, GlaxoSmithKline PLC, AstraZeneca, Abbott and other.

There Are Some Of The Key Trends That Are Shaping The Competitive Landscape Of The Tendonitis Treatment Market

April 2022, Boehringer Ingelheim has introduced RenuTrend, an enhanced stem cell therapy designed to enhance tendon healing and address suspensory ligament injuries. This product has obtained approval in Europe and marks the company's initial licensed product that can be administered through intralesional injection. It is a valuable addition to Boehringer Ingelheim's existing range of equine stem cell products.

July 2021 -InGeneron Inc., a company specializing in clinical-stage cell therapy and regenerative medicine, released findings on the world's initial comprehensive immunohistochemical assessment of adult tendon healing subsequent to the direct injection of unaltered autologous cells derived from adipose tissue (UA-ADRCs), which were fresh and unprocessed.

Research Report Following Segments:

Market, By Condition

·         Tennis Elbow

·         Swimmer’s Shoulder

·         Jumper’s Knee

·         Achilles Tendonitis

·         Pitcher’s Elbow

·         Golfer’s Elbow

Market, By Treatment

·         Surgery

·         Therapy

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Tendonitis Treatment Market in 2022?

Tendonitis Treatment Market was valued at USD 198.1 Billion in 2022.

What is the growth rate for the Tendonitis Treatment Market?

Tendonitis Treatment Market size will increase at approximate CAGR of 3.2% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the Tendonitis Treatment Market are Almatica Pharma, Inc., Teva Pharmaceuticals Industries, Merck and Co., Inc., Bayer AG, Boehringer Ingelheim Pharmaceuticals, Inc., Pfizer, GlaxoSmithKline PLC, AstraZeneca, Abbott and other.

Which region dominates the Tendonitis Treatment Market?

North America dominates the market with an active share of 43%.

CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3950

Only Three Thousand Nine Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI