Global Lateral Epicondylitis Treatment
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
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.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Lateral Epicondylitis Treatment Market Report 2024.
According to Cognitive Market Research, the global Lateral Epicondylitis Treatment market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Market Split by Treatment Type |
|
Market Split by Application |
|
Market Split by End-User |
|
Market Split by Conclusion | |
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Lateral Epicondylitis Treatment industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Lateral Epicondylitis Treatment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Tennis elbow (lateral epicondylitis) is swelling of the tendons that bend your wrist backward away from your palm. A tendon is a tough cord of tissue that connects muscles to bones. The tendon most likely affected in tennis elbow is called the exterior carpi radialis brevis. Tennis elbow is usually diagnosed in people between the ages of 30-50.
According to the report by the International Journal of Orthopaedic Science, Elbow pain in adults is frequently caused by lateral epicondylitis, or "tennis elbow," which affects 1-2% of the population annually. The incidence is significantly higher in other groups, such as physical labor and tennis players (9-40%). Extensor carpi radialis brevis (ECRB) microtraumatic damage is the most prevalent cause of lateral epicondylitis, although it can also affect other tendons in the forearm extensor muscles, such as the extensor digitorum communis.
(Source:https://www.orthopaper.com/archives/2020/vol6issue1/PartO/6-1-119-700.pdf ).
The primary reasons propelling the global market are the rising incidence of elbow joint discomfort and the rising prevalence of edema in the elbow tendons. Tennis elbow is primarily caused by repetitive movements of the elbow and arms (lateral epicondylitis). The global market for lateral epicondylitis (tennis elbow) treatments is anticipated to develop as a result of an increase in cases among plumbers, carpenters, swimmers, basketball players, and tennis players.
Baseball has the highest incidence and prevalence rates of overuse elbow injuries (58%), followed by tennis (35%), softball (17%), and other sports.
(Source:https://www.mdpi.com/2227-9032/10/11/2242). This was about the overview of the Lateral Epicondylitis Treatment Market.
The expansion of the Lateral Epicondylitis therapeutic market has been mostly driven by technological developments and the development of novel therapeutic approaches. Advanced therapies like extracorporeal shockwave therapy (ESWT), minimally invasive surgery, and platelet-rich plasma (PRP) injections have been introduced in recent years. Patients and healthcare providers alike are adopting these improvements more frequently because they give better efficacy, shorter recovery times, and better patient outcomes.
Proper reimbursement practices are essential for market growth. Advanced treatment techniques become more available to a larger patient group when they are covered by insurance. For instance, the addition of ESWT and PRP injections to payment plans has raised the use of these treatments and accelerated market expansion. Innovative treatment approaches that are in line with reimbursement systems enable them to guarantee the best possible care for patients at a lower cost, which increases market penetration. (Source:https://www.mdpi.com/2075-4426/14/1/83). Hence, Increasing technological advancement and global acceptance of lateral epicondylitis treatment.
• For instance, according to the article by Yale Medicins, PRP is an injection made from the patient's blood, this blend of blood plasma with a high concentration of platelets is used to treat osteoarthritis and injuries to tendons, ligaments, and muscles. It is related to physical medicine and rehabilitation, sports medicine, and orthopedics and rehabilitation.
The market is expanding largely because of patients' increased knowledge and awareness of lateral epicondylitis and the available treatments. Increased patient engagement and proactive management have resulted from efforts made by healthcare organizations, patient advocacy groups, and medical professionals to spread information about the condition and potential therapies. Tennis elbow sufferers are now more likely to seek treatment, thanks to awareness campaigns emphasizing the value of an early diagnosis and efficient care.
Patients now can make knowledgeable decisions about their healthcare because of the information that is readily available on social media and digital platforms. The demand for improved treatment alternatives is driven by educated individuals who are more inclined to follow recommended therapeutic regimens and seek specialized treatments. By generating a more knowledgeable and involved patient base, this greater awareness not only enhances patient outcomes but also promotes market expansion. Hence, rising awareness among patients regarding lateral epicondylitis and its treatment options can help the market grow.
• For instance, according to the article by Lippincott, most of the cases are resolved in a year or half. In a study of 72 orthopedic surgeons with lateral epicondylitis, 97% of the surgeons reported that their symptoms were resolved after two years. Bracing, nonsteroidal anti-inflammatory medications, and guided physical therapy are examples of early conservative approaches.
One major obstacle to the expansion of the Lateral Epicondylitis Treatment Market is the high cost of therapies for the condition. Expensive advanced therapeutic options include extracorporeal shockwave therapy (ESWT), minimally invasive surgery, and platelet-rich plasma (PRP) injections. For many patients, especially those without full insurance coverage, these expenses may be unaffordable. The cost of these medicines would discourage people from getting timely and efficient care, which would restrict market expansion.
Healthcare professionals may find it difficult to obtain the cutting-edge tools and technologies required for these therapies due to the exorbitant expenses. This restriction may further limit market expansion by slowing the rate at which novel medicines are adopted. Thus, even if there are cutting-edge treatments available, their high cost continues to be a major barrier to wider market penetration and patient access.
• For instance, according to the report by The Ewha Medical Journal, in Korea, there were 660,767 cases of lateral epicondylitis (M771) in 2022, and the total cost of medical care was 92,202,696 Korean won (KRW). Furthermore, the financial load has been rising annually, highlighting how dire the situation is.
(Source:https://www.e-emj.org/archive/view_article?pid=emj-46-4-12).
In addition to impacting corporate operations, the advent of the new coronavirus has had an impact on the world economy. Numerous nations have implemented statewide lockdowns as a result of high infection rates and detrimental effects on public health systems. This affected the creation of novel therapeutic approaches, medications, and associated services, as nearly 90% of clinical trials were either entirely discontinued or placed on indefinite hold.
(Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9293739/). Industry participants are thinking about digital diagnosis and treatment solutions to give back to the community and create new commercial prospects. Because people were compelled to stay inside, there were fewer tennis elbow diagnoses and treatments provided. As social distancing became more prevalent, people were forced to handle the consequences of delayed diagnosis, treatment, and surgery. This was about the impact of a pandemic on the Lateral Epicondylitis Treatment Market.
The elbow lesion market is expanding due to a growing number of sporting events and contests in the United States, high-quality medical facilities, and advantageous reimbursement regulations. Sports involving throwing are thought to carry an expected risk of elbow injury. According to the report by PMC, which states that basketball players between the ages of 7 and 12 reported having elbow pain at first for a full year, and according to a national survey conducted in Japan, 12.3% of primary school baseball players reported having elbow pain. (Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC11209444/). The market for elbow lesions is expanding in developing nations like Brazil, Russia, China, India, and China due to the rise in sports injuries in these areas, the use of cutting-edge technology in diagnosis, and the improvement of medical facilities offered by both public and private institutions.
• On 3 October 2019, Epax, a Norwegian company, said that it will invest USD 35 million over the next two years to expand its Omega-3 sector. Through this endeavor, Epax's primary production plant in Norway will have increased capacity in the omega-3 business. It will help EPA and DHA remain active for longer periods without promoting oxidation, which will ultimately prevent undesirable byproducts.
We have various report editions of Lateral Epicondylitis Treatment Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Among the tactics used by the major manufacturers are mergers and acquisitions. The leading businesses also employ new product launches and a significant emphasis on ongoing technological breakthroughs as a strategy. The businesses are also spending money on R&D in an attempt to control the market.
Many businesses are utilizing competitive tactics, like joint ventures and research alliances, to increase their market share. The market participants compete based on performance and standard compliance, cost-effective manufacturing processes, and high-quality products. These factors ultimately optimize the process for increased production.
Top Companies Market Share in Lateral Epicondylitis Treatment 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.
Over the course of the projected period, the North American region is anticipated to have considerable growth at a CAGR of xx%. North America's growth can be ascribed to the increase in home-grown manufacturers and increased consumer knowledge of muscle stimulators and healthcare services. The development of a physical tool for pain relief and improved recuperation is another factor driving market expansion. Additionally, portable pain reliever kits and neurostimulators are developed by different firms. The main factors driving the growth of the tennis elbow treatment market are the rising number of sporting events and competitions in the United States and the rising patient awareness levels.
Additionally, Asia-Pacific is anticipated to develop at the quickest rate during the projection period. Furthermore, by releasing electrical devices that reduce pain, prominent market participants in the area including the Japan-based corporation OMRON and several others are probably going to encourage the market's expansion. For instance, OMRON offers Pocket Pain Pro TENS U, a potent, drug-free, tiny-pocket-size oral pain reliever that effectively relieves achy, stiff, or aching muscle and joint pain.
(Source:https://omronhealthcare.com/products/pocket-pain-pro-tens-unit-pm400/)
The current report Scope analyzes Lateral Epicondylitis Treatment 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.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the North America Lateral Epicondylitis Treatment market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
According to Cognitive Market Research, the Europe Lateral Epicondylitis Treatment market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
According to Cognitive Market Research, the Asia-Pacific Lateral Epicondylitis Treatment market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
According to Cognitive Market Research, the South America Lateral Epicondylitis Treatment market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
According to Cognitive Market Research, the Middle Easte and Africa Lateral Epicondylitis Treatment market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
Global Lateral Epicondylitis Treatment 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 Lateral Epicondylitis Treatment Industry growth. Lateral Epicondylitis Treatment market has been segmented with the help of its Treatment Type, Application End-User, and others. Lateral Epicondylitis Treatment 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.
During the projection period, the non-surgical therapies sector is anticipated to increase at the fastest rate (XX%). By reducing erratic blood flow around the damaged area, the non-surgical therapeutic approach lessens inflammation and pain. Without receiving surgical treatments, the patients are recovering. Other elements including braces, physical therapy, medicine, and movement are also included in the non-surgical therapies. Additionally, non-steroidal anti-inflammatory drugs (NSAIDs) such as cortisone, aspirin, and diclofenac have had encouraging outcomes in the treatment of tennis elbow. NSAIDs are among the most popular over-the-counter drugs across the world, constituting 5% of all the prescribed medicines. (Source:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7347500/). This medication is in charge of managing the pain that travels from the neurons in the brain to the brain. The physical therapies that have contributed to the expansion of tennis elbow treatment worldwide include electrical muscle stimulation, ice massages for pain and swelling relief, and the use of braces and straps to lessen.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Lateral Epicondylitis Treatment Industry. Request a Free Sample PDF!
The pharmacy/drug stores and hospital/clinic segments of the global market are divided. The market is dominated by the hospital in the end-user segment, the growth is being driven by government agencies' tie-ups with hospitals for player safety and insurance. The annual cost of hospital care service in the USA has increased by $1 trillion in recent years. (Sources:https://www.nature.com/articles/s41746-024-01040-9). Additionally, hospitals these days prefer to do percutaneous (smaller incision) surgery on patients due to the integration of the most recent technology and treatment techniques. Patients experience significantly less discomfort with radiowave frequency percutaneous surgery as opposed to open surgery with a bigger incision. The aforementioned considerations are boosting demand for lateral epicondylitis treatment, along with novel treatment approaches that are painless and promote faster healing.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Based on the Lateral Epicondylitis Treatment Market study mentioned above, it can be inferred that the global market for embedded hypervisors is anticipated to grow rapidly shortly. The market dynamics, segmentations, status and trends, and major players can all be understood and inferred from the research. It offers information on a range of subjects, including market size, current trends, the competitive environment, and the likelihood of future growth. This makes it possible for the reader to comprehend and obtain trustworthy market and industry data.
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.
(Source:https://foodbeverageasia.com/epax-to-invest-35-million-in-omega-3-innovation/).
Disclaimer:
Treatment Type | Surgical, Braces, Extracorporeal Shock Wave Therapy, Medication and Physical Therapy, Others |
Application | Hospital/Clinic, Pharmacy/Drug Store |
End-User | Athlete, Others |
Conclusion | |
List of Competitors | Teikoku Pharma, Inc, Kasiak Research Pvt Ltd, Molecular Pharmacology Limited, Chugai Pharmaceutical Co., Ltd, Seikagaku Corporation, Neurometrix, Inc, OMRON Corporation, Biomedical life system, OttoBock Healthcare, Ossur Corporation |
This chapter will help you gain GLOBAL Market Analysis of Lateral Epicondylitis Treatment. Further deep in this chapter, you will be able to review Global Lateral Epicondylitis Treatment 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
Only Available with Corporate User License
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.
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 Treatment Type Analysis 2019 -2031, will provide market size split by Treatment 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 Treatment Type Analysis 2019 -2031
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 11 Market Split by Application Analysis 2019 -2031
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 12 Market Split by End-User Analysis 2019 -2031
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 13 Market Split by Conclusion Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Lateral Epicondylitis Treatment market
Chapter 14 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 Surgical have a significant impact on Lateral Epicondylitis Treatment market? |
What are the key factors affecting the Surgical and Braces of Lateral Epicondylitis Treatment Market? |
What is the CAGR/Growth Rate of Hospital/Clinic during the forecast period? |
By type, which segment accounted for largest share of the global Lateral Epicondylitis Treatment Market? |
Which region is expected to dominate the global Lateral Epicondylitis Treatment Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Lateral Epicondylitis Treatment Market
Request Sample