Osteonecrosis Treatment Market Size Report | Size, Share & Forecast 2030
[Research Report] The osteonecrosis treatment market size is expected to grow from US$ 637.18 million in 2022 to US$ 1,021.92 million by 2030; the market is estimated to register a CAGR of 6.08% from 2022 to 2030.
Analyst’s Viewpoint
The osteonecrosis treatment market analysis explains growth drivers such as the rising cases of osteonecrosis in people due to an increasing number of road accidents, and long-term use of steroids among patients. Additionally, an upsurge in the geriatric population and growing awareness about bone health favor the osteonecrosis treatment market progress. However, the high costs of surgical treatments and risks associated with treatment drugs impede the market growth. The adoption of orthobiologics and regenerative therapies is likely to emerge as a future trend in the osteonecrosis treatment market during 2022–2030.
Osteonecrosis, also known as avascular necrosis (AVN), is a painful bone disease caused due to the disruption of blood flow to bones; the condition worsens with time and results in the death of bone cells. The risk factors for osteonecrosis include broken bones, dislocated hips, radiation therapy, and alcohol abuse.
Market Insights
Rising Cases of Orthopedic Injuries and Increasing Geriatric Population Drive Osteonecrosis Treatment Market Growth
According to statistics published by Clevelandclinic.org in 2021, 10,000–20,000 Americans are diagnosed with AVN annually, with the condition affecting individuals of all ages and genders. Nearly ~20% of people who experience hip dislocation develop avascular necrosis. The cases of osteonecrosis are rising globally owing to the increasing number of bone and joint injuries caused during fatal accidents. Although osteonecrosis more commonly affects the hip, it can also hamper the condition of the humerus, knee, and talus. As per an article published by StatPearls in 2023, AVN causes 10% of hip arthroplasties in the US, mostly in people aged 30–65. A displaced hip or knee might cut off blood supply to the leg. As a result, the tissues in the leg may not receive enough blood (a condition known as ischemia) and may die (a condition known as necrosis). Elbow or upper arm fractures can occasionally impede blood flow to the forearm, creating similar complications. When blood supply to a bone is interrupted, a portion of the bone may die, causing osteonecrosis. As per an article published in PubMed Central in January 2022, a cohort study was carried out including 170,934 major trauma patients. The study concluded that 78.0% of the major trauma patients with traumatic hip dislocations were injured in road traffic accidents, particularly in motor vehicle accidents (49.9%).
Older people are more likely to experience osteonecrosis as they are more prone to bone degeneration and fractures. In an article published by PubMed in 2020, a study was carried out to assess the effectiveness of cannulated internal fixation in long-term outcomes in 73 patients with femoral neck fracture (FNF), alongside identifying the risk factors affecting outcomes. The study results showed that out of these, 7 (i.e., ~10%) experienced femoral head necrosis and 4 of them underwent hip replacement. According to World Health Organization (WHO), 1 in 6 people across the world would be aged 60 years or over by 2030, with an estimated 1.4 billion people being over the age of 60. Therefore, the burgeoning geriatric population and growing awareness about bone health favor the osteonecrosis treatment market.
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Osteonecrosis Treatment Market: Strategic Insights
Market Size Value in US$ 637.18 million in 2022 Market Size Value by US$ 1,021.92 million by 2030 Growth rate CAGR of 6.08% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Osteonecrosis Treatment Market: Strategic Insights
Market Size Value in | US$ 637.18 million in 2022 |
Market Size Value by | US$ 1,021.92 million by 2030 |
Growth rate | CAGR of 6.08% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2022 |
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Adoption of Orthobiologics and Regenerative Therapies to Emerge as Future Trend in Osteonecrosis Treatment Market
Orthoregeneration is the segment of medicine that leverages the benefits of biology to enhance healing, reduce pain, improve function, and create a favorable environment for tissue regeneration, thereby curing orthopedic conditions. Interventional orthobiologics, whose functioning is based on the principles of orthoregeneration, are revolutionizing the field of orthopedic medicine. Orthobiologics are derived from a patient's tissues such as bone marrow or blood. They consist of signaling molecules or cells that stimulate the healing of musculoskeletal injuries.
Regenerative treatments such as stem cell therapy, platelet-rich plasma therapy, growth factors, and tissue engineering are being studied and assessed in clinical trials to optimize treatment outcomes. In an article published by PubMed Central in January 2023, a study was carried out to evaluate the use of biologics in treating bilateral AVN of the femoral head in a 44-year-old male suffering from the condition. The patient received bone marrow aspirate concentrate (BMAC) in the right femoral head and adult autologous live cultured osteoblasts in the left femoral head, after which, he was asked to pay follow-up visits for several years. The study concluded that biological therapy using differentiated osteoblasts is a viable option for AVN femoral head compared to an undifferentiated BMAC cocktail.
Key players in the osteonecrosis treatment market are engaged in the R&D of innovative treatments, along with the launch of products. In February 2021, Additive Orthopedics, LLC, received US Food and Drug Administration (FDA) approval for its first patient-specific talus spacer, which is also the world’s first humanitarian-use implant. Similarly, Arthrex, a leading global medical device company, is now offering IntraOsseous BioPlasty (IOBP) technique for spontaneous osteonecrosis of the knee (SONK). This technique involves performing a core decompression of the lesion followed by the direct application of concentrated bone marrow aspirate, which is prepared using the Angel concentrated platelet-rich plasma (cPRP) system.
Report Segmentation and Scope
The “osteonecrosis treatment market” is segmented on the basis of treatment type, end user, and geography. Based on product type, the market is bifurcated into drugs and surgeries. In terms of end user, the market is segmented into hospitals, specialty clinics, ambulatory surgical centers, and others. The osteonecrosis treatment market, based on geography, is segmented into North America (US, Canada, and Mexico), Europe (Germany, France, Italy, UK, Russia, and Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America)
Treatment Type – Based Insights
Based on treatment type, the osteonecrosis treatment market is segmented into drugs and surgery. Drug segment held the highest market share in 2020-2030. However, surgeries segment is anticipated to grow with the highest CAGR of 7.63%.
End User-Based Insights
In terms of end user, the osteonecrosis treatment market is categorized into hospitals, specialty clinics, ambulatory surgical centers, and others. The hospitals segment is expected to record the highest CAGR in the market during 2022–2030. Osteonecrosis treatment involves complicated surgeries that need special medical attention, including diagnosis, treatment, and continuous monitoring. Hospitals play an essential role in delivering complete healthcare services to osteonecrosis patients. Depending on the stage and severity of the disease, they provide a variety of treatment options for osteonecrosis. Conservative techniques such as pain management, physical therapy, and lifestyle changes may be included in these treatments. Furthermore, surgical therapies such as joint-preserving operations or joint replacement surgeries may be undertaken in severe cases.
Osteonecrosis Treatment Market Report Scope
Regional Analysis
The osteonecrosis treatment market in North America is expected to grow at a significant rate during the forecast period owing to factors such as the high availability and adoption of advanced treatment options, and the concentration of key manufacturers in the region. The US, in particular, records a high adoption rate of osteonecrosis treatments.
The report profiles important players operating in the global osteonecrosis treatment market. These include Novartis AG; Teva Pharmaceutical Industries Ltd.; Zimmer Biomet; Pfizer Inc.; Stryker; Exactech, Inc.; Merck & Co. Inc.; Dr. Reddy’s Laboratories Ltd.; Viatris Inc; and Horizon Therapeutics plc. These leading players focus on expanding and diversifying their market presence and clientele, thereby tapping business opportunities prevailing in the osteonecrosis treatment market.
A few of the key developments by major market players are as Follows:
- In May 2022, Regrow Biosciences received an Orphan Drug Designation (ODD) for OSSGROW from the USFDA as well as the European Medicines Agency (EMA). The drug is intended for patients who are suffering from osteonecrosis.
- In April 2021, ECI Pharmaceuticals LLC signed an exclusive distribution agreement with AiPing Pharmaceuticals, Inc. The agreement enabled AiPing to handle the sales, marketing, and distribution of ibuprofen 400 mg, 600 mg, 800 mg tablets, and folic Acid 1 mg tablets in the US.
- In February 2021, Additive Orthopaedics received FDA approval for the total talus replacement implant designed as a humanitarian-use device for the talus spacer for the patient-specific treatment of avascular necrosis of the talus in the US.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Treatment Type, End User, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Osteonecrosis, also known as avascular necrosis (AVN), is a painful bone disease caused due to the disruption of blood flow to bones; the condition worsens with time and results in the death of bone cells. The risk factors for osteonecrosis include broken bones, dislocated hips, radiation therapy, and alcohol abuse. Treatments such as drugs including NSAIDs, blood thinners, cholesterol lowering drugs and surgical procedures such as total joint replacement/ total hip arthroplasty (THA), core decompression surgery, bone graft, osteotomy is available.
Global osteonecrosis treatment market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa and South & Central America. The osteonecrosis treatment market in North America is expected to grow at a significant rate during the forecast period owing to factors such as the high availability and adoption of advanced treatment options, and the concentration of key manufacturers in the region. The US, in particular, records a high adoption rate of osteonecrosis treatments.
The rising cases of orthopedic injuries and increasing geriatric population drive osteonecrosis treatment market growth.
The osteonecrosis treatment market majorly consists of the players such include Novartis AG; Teva Pharmaceutical Industries Ltd.; Zimmer Biomet; Pfizer Inc.; Stryker; Exactech, Inc.; Merck & Co. Inc.; Dr. Reddy’s Laboratories Ltd.; Viatris Inc; And Horizon Therapeutics Plc.
The CAGR value of the osteonecrosis treatment market during the forecasted period of 2020-2030 is 6.08%
The drugs segment dominated the global osteonecrosis treatment market and held the largest market share of 75.45% in 2022.
1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. Research Methodology
4. Osteonecrosis Treatment Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. Osteonecrosis Treatment Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Osteonecrosis Treatment Market - Global Market Analysis
6.1 Osteonecrosis Treatment - Global Market Overview
6.2 Osteonecrosis Treatment - Global Market and Forecast to 2030
7. Osteonecrosis Treatment Market – Revenue Analysis (USD Million) – By Treatment Type, 2020-2030
7.1 Overview
7.2 Drugs
7.2.1 Nonsteroidal Anti-Inflammatory Drugs
7.2.2 Blood Thinners
7.2.3 Cholesterol-Lowering Drugs
7.2.4 Others
7.3 Surgery
7.3.1 Core Decompression Surgery
7.3.2 Osteotomy
7.3.3 Bone Graft
7.3.4 Total joint replacement
7.3.5 Others
8. Osteonecrosis Treatment Market – Revenue Analysis (USD Million) – By End User, 2020-2030
8.1 Overview
8.2 Hospitals
8.3 Specialty Clinics
8.4 Ambulatory Surgical Centers
8.5 Others
9. Osteonecrosis Treatment Market -Revenue Analysis (USD Million), 2020-2030 – Geographical Analysis
9.1 North America
9.1.1 North America Osteonecrosis Treatment Market Overview
9.1.2 North America Osteonecrosis Treatment Market Revenue and Forecasts to 2030
9.1.3 North America Osteonecrosis Treatment Market Revenue and Forecasts and Analysis - By Treatment Type
9.1.4 North America Osteonecrosis Treatment Market Revenue and Forecasts and Analysis - By End User
9.1.5 North America Osteonecrosis Treatment Market Revenue and Forecasts and Analysis - By Countries
9.1.5.1 United States Osteonecrosis Treatment Market
9.1.5.1.1 United States Osteonecrosis Treatment Market, by Treatment Type
9.1.5.1.2 United States Osteonecrosis Treatment Market, by End User
9.1.5.2 Canada Osteonecrosis Treatment Market
9.1.5.2.1 Canada Osteonecrosis Treatment Market, by Treatment Type
9.1.5.2.2 Canada Osteonecrosis Treatment Market, by End User
9.1.5.3 Mexico Osteonecrosis Treatment Market
9.1.5.3.1 Mexico Osteonecrosis Treatment Market, by Treatment Type
9.1.5.3.2 Mexico Osteonecrosis Treatment Market, by End User
Note - Similar analysis would be provided for below mentioned regions/countries
9.2 Europe
9.2.1 Germany
9.2.2 France
9.2.3 Italy
9.2.4 Spain
9.2.5 United Kingdom
9.2.6 Rest of Europe
9.3 Asia-Pacific
9.3.1 Australia
9.3.2 China
9.3.3 India
9.3.4 Japan
9.3.5 South Korea
9.3.6 Rest of Asia-Pacific
9.4 Middle East and Africa
9.4.1 South Africa
9.4.2 Saudi Arabia
9.4.3 U.A.E
9.4.4 Rest of Middle East and Africa
9.5 South and Central America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Rest of South and Central America
11. Industry Landscape
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration
13. Osteonecrosis Treatment Market - Key Company Profiles
13.1 Novartis AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
Note - Similar information would be provided for below list of companies
13.2 Teva Pharmaceutical Industries Ltd.
13.3 Zimmer Biomet
13.4 Pfizer Inc
13.5 Stryker
13.6 Exactech Inc
13.7 Merck Co Inc
13.8 Dr Reddy’s Laboratories Ltd.
13.9 Viatris Inc
13.10 Horizon Therapeutics plc
14. Appendix
14.1 Glossary
14.2 About The Insight Partners
14.3 Market Intelligence Cloud
The List of Companies - Osteonecrosis Treatment Market
- Novartis AG
- Teva Pharmaceutical Industries Ltd.
- Zimmer Biomet
- Pfizer Inc.
- Stryker
- Exactech, Inc.
- Merck & Co. Inc.
- Dr. Reddy’s Laboratories Ltd.
- Viatris Inc
- Horizon Therapeutics plc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.