Tendonitis Drugs Market will grow at highest pace owing to Increasing Sports Injuries

Tendonitis Drugs Market will grow at highest pace owing to Increasing Sports Injuries

The tendonitis drugs market includes medications used for the treatment of tendonitis, a musculoskeletal condition characterized by inflammation or irritation of tendons. Tendons connect muscles to bones and help in movement. Some common types of tendonitis include tennis elbow, golfer's elbow, and jumper's knee. Tendonitis drugs are anti-inflammatory medicines that help reduce swelling, ease pain, and improve movement. Nonsteroidal anti-inflammatory drugs (NSAIDs) such as ibuprofen are generally the first line of treatment. If NSAIDs provide inadequate relief, corticosteroid injections may be used to deliver targeted drugs directly into the affected tendon.

The tendonitis drugs market is estimated to be valued at USD 226 Bn in 2024 and is expected to reach USD 292 Bn by 2031, growing at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

Key Takeaways

Key players related content: Key players operating in the tendonitis drugs market are Pfizer, Bayer, Merck, Boehringer Ingelheim, and Amgen. Pfizer offers pain relievers like Advil and Celebrex for tendonitis treatment.

Growing demand: Increasing sports injuries and physically demanding jobs are fueling the Tendonitis Drugs Market Demand for drugs. According to studies, tendonitis is more common among athletes, musicians, workers engaged in repetitive jobs.

Technological advancement: Research focuses on developing more targeted drug delivery systems like patches and gels to apply medicines directly over tendons. Few studies evaluate the effectiveness of platelet-rich plasma (PRP) therapy for chronic cases.

Market Trends
Preference for topical gels: Topical NSAID gels are gaining popularity over oral pills due to direct application over tendons and lesser systemic side effects. Diclofenac sodium gel is widely used.

Combination therapies: Combining physiotherapy, braces or splints with medicines help faster recovery. Studies evaluate the benefits of dry needling along with other interventions.

Market Opportunities
Developing novel drug classes: Opportunities exist to develop new classes of tendonitis drugs beyond NSAIDs with novel mechanisms of action and better safety profile.

Tapping developing markets: Emerging countries in Asia Pacific and Latin America growing investments in sports offer opportunities to penetrate new markets.

Impact of COVID-19 on Tendonitis Drugs Market Growth
The COVID-19 pandemic has significantly impacted the growth of the tendonitis drugs market globally. During the initial lockdowns imposed worldwide, major healthcare resources and investments were diverted towards combating the pandemic. This adversely affected the diagnosis and treatment of other medical ailments, including tendonitis. People avoided visiting hospitals and clinics for tendonitis treatment unless it was an emergency, due to the fear of virus transmission. This led to a decline in the demand for tendonitis drugs in 2020.

However, with the lifting of lockdowns and resumption of normal healthcare services in 2021, the tendonitis drugs market has started recovering. The emphasis is now on preventing disability and reducing healthcare costs associated with long term tendonitis complications if left untreated. Teleconsultations for tendonitis patients have also increased during the pandemic. Going forward, the market is expected to further gain traction as the focus shifts from pandemic management to resuming chronic disease care and treatment. Companies are investing in R&D to develop more effective and innovative tendonitis drugs to cater to the growing needs.

In terms of geography, North America generates the highest revenues for the tendonitis drugs market currently. This is attributed to the rising incidence of tendon injuries due to physically demanding sports and jobs in the region. Additionally, advanced healthcare infrastructure and availability of comprehensive medical insurance have facilitated greater affordability and access to tendonitis care in the US and Canada.

Fastest growing region
Asia Pacific is poised to be the fastest growing regional market in the coming years. This can be accredited to continually expanding medical capabilities, growing health awareness, rising disposable incomes, and an increasing shift towards sedentary lifestyles in populous countries like China and India. Greater governmental focus on non-communicable diseases is also encouraging more patients in the Asia Pacific to seek treatment for sports injuries and orthopedic conditions like tendonitis.

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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.

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