The 7 major arthralgia markets reached a value of US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 8.5 Billion by 2034, exhibiting a growth rate (CAGR) of 6.12% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 4.4 Billion |
Market Forecast in 2034
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US$ 8.5 Billion |
Market Growth Rate 2024-2034
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6.12% |
The arthralgia market has been comprehensively analyzed in IMARC's new report titled "Arthralgia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Arthralgia refers to a medical condition in which there's pain or discomfort in one or more joints of the body. This disease can affect any joint in the body, including the knees, shoulders, hips, wrists, fingers, etc. The pain experienced with arthralgia can range from mild to severe and may be accompanied by stiffness, swelling, redness, or a limitation of joint movement. Several other common indications of this disorder include a general feeling of low energy, muscle aches and discomfort, difficulty bending fully, joint clicking, popping or cracking sounds during movement, balance and coordination problems, etc. The diagnosis of the ailment requires a combination of the patient's comprehensive medical history, underlying symptoms, and physical examination. The healthcare provider may also perform several blood tests, like the erythrocyte sedimentation rate and the C-reactive protein test, to identify markers that indicate inflammation in the body. A joint fluid analysis is further recommended to rule out other possible causes in patients. Numerous imaging studies, such as X-rays, ultrasounds, magnetic resonance imaging, etc., are utilized to provide detailed pictures of the joints and surrounding structures.
The increasing prevalence of autoimmune diseases, in which the body's defense system mistakenly attacks the joints, leading to inflammation and pain, is primarily driving the arthralgia market. In addition to this, the rising incidences of several associated risk factors, including injuries, trauma, hormonal disorders, joint dislocation, vitamin deficiencies, bacterial, viral and fungal infections, etc., are also bolstering the market growth. Furthermore, the escalating adoption of nonsteroidal anti-inflammatory drugs, such as ibuprofen and naproxen, that help to alleviate pain and provide symptom relief in patients is acting as another significant growth-inducing factor. Additionally, the emerging popularity of physical and occupational therapies, which aim to improve joint flexibility, strength, functional tasks, and range of motion, is also creating a positive outlook for the market. Moreover, the widespread demand for transcutaneous electrical nerve stimulation techniques for the treatment of this illness, since they utilize low-voltage electrical currents to disrupt pain signals, thereby boosting a patient's mental health and quality of life, is expected to drive the arthralgia market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the arthralgia market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for arthralgia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the arthralgia market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current arthralgia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Arthralgia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies