Global Contusion
Market Report
2024
According to Cognitive Market Research, the global Contusion market size will grow at a compound annual growth rate (CAGR) of 6.30% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Contusion market size will grow at a compound annual growth rate (CAGR) of 6.30% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Contusion Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.3% |
Market Split by Product Type |
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Market Split by End Users |
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Market Split by Medication |
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Market Split by Route of Administration |
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Market Split by Distribution Channels |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Contusion Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Contusions get better quickly with simple treatment measures due to pain relief medications, increase in the number of falls, road or other accidents and, sports injuries,Increasing product launches The majority of fatal injuries occur to those over the age of 60, an increase in the number of products approved by the USFDA is also expected to support the revenue growth of the market
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the Contusion industry.
For instance, National Safety Council (NSC), in 2020, bicycling accounted for about 426,000 injuries, most of any sports and recreation category. With or without equipment, exercise followed with about 378,000 injuries, while ATV, moped and minibike use with 230,000 injuries, and skateboard, scooter and hoverboard use, with 218,00 injuries, ranked third and fourth.
(Source:www.nhtsa.gov/road-safety/bicycle-safety)
Intense exercise could result in sore muscles and even lead to the development of deep bruises around the affected muscles. Straining a muscle injures muscle tissue deep beneath the skin. Blood vessels could burst as a result, leaking blood into the surrounding area. If the bleeding is more than usual, the blood pools under the skin and causes a bruise.
The Northwestern University is working on the use of Tranexamic Acid injection in contusion. This study is currently in phase 3 of the clinical trial and is expected to be completed by September 2023.
(Source:classic.clinicaltrials.gov/ct2/show/NCT04724772)
Furthermore, the heightened participation in sports and recreational activities has led to an uptick in sports-related injuries, including contusions. Both professional athletes and casual enthusiasts are experiencing a higher incidence of contusions due to the physical nature of sports and the potential for collisions.
The most widely used OTC analgesic drugs are paracetamol or acetaminophen, ibuprofen, and aspirin. These drugs are widely available at lower costs. This, coupled with the lack of awareness of the adverse effects of painkillers, is a key factor contributing to the high adoption of analgesic pills for immediate pain relief. Additionally, the lack of awareness about new therapies for pain management, the availability of low-priced generic versions of drugs, and increasing health concerns are contributing to the high usage of analgesic pills, which causes a high adoption of OTC drugs by customers in emerging nations.
The COVID-19 pandemic significantly impacted the contusion market. Supply chain disruptions reduced healthcare visits, and economic uncertainties led to a temporary decline in demand. As elective procedures were postponed, the contusion market experienced a slowdown. However, with the gradual resumption of medical services and the growing emphasis on safety equipment, the market is showing signs of recovery. Remote patient monitoring and telemedicine gained prominence, driving the adoption of innovative solutions. The market landscape shifted towards more robust and adaptable products, incorporating digital features.
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Competitive Landscape of Contusion Market
The contusion market, characterized by the treatment of skin and tissue bruises, exhibits steady growth, established players like Johnson & Johnson and 3M offer a range of topical solutions and medical devices. The competitive landscape is defined by product efficacy, brand reputation, and distribution networks. As consumer demand shifts towards organic options, newcomers focusing on holistic healing pose a challenge. Strategic partnerships with healthcare providers and expanded e-commerce presence are pivotal for sustained market relevance.
May 2019: the company of Kaia Health, pain management specialists, and physicians designed and founded an artificial intelligence-based low back pain management app, Kaia app, to educate and spread awareness about the prevention of spine pain amongst the population.
(Source:www.ncbi.nlm.nih.gov/pmc/articles/PMC6550294/)
November 2022: Cigna's health services arm Evernorth will be a minority owner in VillageMD after it invested in the primary care disruptor's acquisition of Summit Health. Evernorth's collaboration with VillageMD is part of its effort to accelerate value-based services, the company said. The deal is expected to close in the first quarter of 2023.
June 2021, Hisamitsu Pharmaceutical CO., Inc. (Japan) launched Air Salonpas Z, an analgesic and anti-inflammatory spray for muscle pain, bruises, and sprains, among other conditions.
(Source:finance.yahoo.com/news/cold-pain-therapy-market-share-024600749.html)
Top Companies Market Share in Contusion Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2022 and accounted for a share of more than 37.6% of the global revenue due to several variables. North America is expected to account for the largest market revenue share in the global contusion market because of an increase in the incidence of sports injuries, trauma cases, and new products launched by major companies in this segment. Furthermore, an increase in the prevalence of blood disorders in the US is also expected to support the market revenue growth.
The Asia-Pacific is expected to be the fastest growing region in terms of revenue, due to an increase in government expenditure on healthcare infrastructure and facilities. Furthermore, the increasing awareness among the people in this region regarding the health problems, their treatments, and an increase in the cases of blood disorders and different sports injuries are also expected to contribute to the market revenue growth.
The current report Scope analyzes Contusion Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Contusion Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Contusion Industry growth. Contusion market has been segmented with the help of its Product Type, End Users Medication, and others. Contusion market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Tablets, as an oral form of medication, represent a convenient and patient- friendly option for contusion treatment. They offer ease of administration, allowing individuals to manage their injuries outside of medical facilities. Tablets also provide a gradual release of the active ingredients, maintaining a consistent therapeutic effect over time. This segment might attract individuals with mild contusions seeking self-care and flexibility in their treatment regimen.
On the other hand, IV/injection treatments offer a more direct and rapid route of administration. They are particularly suitable for severe contusions where immediate action is required, as they ensure swift delivery of medication into the bloodstream. Healthcare professionals often prefer this form for closely monitored cases, enabling precise dosing adjustments. However, this method necessitates medical supervision and can be less convenient for patients.
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Hospital pharmacies constitute a significant end-user segment due to their pivotal role in providing medical care. Hospitals deal with a high influx of patients, including those with contusions resulting from accidents or injuries. As a result, the demand for contusion-related products, such as pain-relief medications, bandages, and ointments, remains consistently strong in this segment. Hospital pharmacies prioritize bulk purchasing and rapid restocking to meet the immediate needs of patients, making supply chain reliability and product availability crucial factors.
Online pharmacies have emerged as a rapidly growing end-user segment in recent years. The convenience of online shopping and doorstep delivery aligns with the evolving consumer behaviors and preferences. E-commerce platforms offer a wide selection of contusion-related products, often at competitive prices. The online segment's success is closely tied to effective digital marketing strategies, user-friendly interfaces, and secure payment gateways. As more consumers turn to online purchasing, online pharmacies are likely to witness continued expansion in the contusion products market.
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Narcotic analgesics, also referred to as opioids, are potent pain relievers often prescribed for severe contusions or injuries. While highly effective, they come with potential drawbacks including the risk of addiction and side effects like sedation and nausea. Due to these concerns, narcotic analgesics are typically reserved for cases where other pain relief methods have proven inadequate.
Addressing both pain and inflammation are non-steroidal anti-inflammatory drugs (NSAIDs). This category includes well-known over-the-counter drugs like ibuprofen and aspirin. NSAIDs inhibit enzymes responsible for producing prostaglandins, substances that contribute to pain and inflammation. While effective, prolonged use of NSAIDs can lead to gastrointestinal issues and potential interactions with other medications.
The contusion market analysis reveals a dynamic landscape encompassing both oral and parenteral segments. The oral contusion market is characterized by convenience and patient preference, driving demand for easily administered medications that promote healing and pain management. This segment has witnessed steady growth due to its non-invasive nature and the availability of a variety of over-the-counter and prescription options
Conversely, the parenteral contusion market comprises injectable treatments, often utilized in cases where oral administration is not feasible or when immediate action is required. While parenteral treatments may involve healthcare professionals for administration, they offer rapid relief and are favored when other methods are insufficient.
Online distribution channels have witnessed a remarkable surge in recent years, driven by the widespread adoption of e-commerce platforms. The convenience of shopping from the comfort of one's home, coupled with a plethora of choices and often competitive pricing, has propelled online contusion product sales. The ease of access to product information, reviews, and seamless transactions has led to a growing customer base in this channel.
The offline distribution channel, comprising brick-and- mortar stores, still maintains its significance. Physical stores offer the advantage of personalized assistance, immediate product gratification, and the ability to physically examine the products. These attributes can play a crucial role in the contusion market, especially for customers seeking hands-on experience before making a purchase.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Contusion Market is witnessing significant growth in the near future.
In 2023, the Tablet segment accounted for noticeable share of global Contusion Market and is projected to experience significant growth in the near future.
The Hospital Pharmacy segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Johnson & Johnson Ltd. , GlaxoSmithKline plc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Contusions get better quickly with simple treatment measures due to pain relief medications increase in the number of falls road or other accidents and sports injuries Increasing product launches
Disclaimer:
Product Type | Tablet, IV/injections |
End Users | Hospital Pharmacy, Retail Pharmacy, Online Pharmacy |
Medication | Narcotic Analgesics, Non-narcotic Analgesics, Non-steroidal Anti-inflammatory Drugs (NSAIDs) |
Route of Administration | Oral, Parenteral |
Distribution Channels | Online, Offline |
List of Competitors | Johnson & Johnson Ltd., Pfizer Inc., GlaxoSmithKline plc., Boehringer Ingelheim International GmbH, Bayer AG, Taro Pharmaceuticals U.S.A. Inc., Sanofi, Horizon Therapeutics plc., AstraZeneca Plc., Assertio Holdings, Inc. |
This chapter will help you gain GLOBAL Market Analysis of Contusion. Further deep in this chapter, you will be able to review Global Contusion Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2019 -2031
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Chapter 11 Market Split by End Users Analysis 2019 -2031
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Chapter 12 Market Split by Medication Analysis 2019 -2031
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Chapter 13 Market Split by Route of Administration Analysis 2019 -2031
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Chapter 14 Market Split by Distribution Channels Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Contusion market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Tablet have a significant impact on Contusion market? |
What are the key factors affecting the Tablet and IV/injections of Contusion Market? |
What is the CAGR/Growth Rate of Hospital Pharmacy during the forecast period? |
By type, which segment accounted for largest share of the global Contusion Market? |
Which region is expected to dominate the global Contusion Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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