Steroid Injections Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Steroid injections are human-made drugs similar to cortisol, a hormone in the human body in adrenal glands. It can be called as cortisone injections, cortisone shots, steroid shots, or corticosteroid injections. Steroids ease inflammation and slow the immune system. They can treat various kinds of inflammatory conditions.
Steroid injections are often recommended for patients with rheumatoid arthritis and many types of inflammatory arthritis. They may be recommended for osteoarthritis if joints are very painful or require extra pain relief for a time. The injection can lower inflammation, which in turn should decrease pain. Several different steroids are available for injection. Common examples of steroid injections are hydrocortisone, triamcinolone, and methylprednisolone.

MARKET DYNAMICS

Factors driving the growth of the steroid Injection market are the growing prevalence of bone and joint diseases, coupled with advancement in steroid injection treatment. However, the stringent regulation and adverse effects of the product are expected to hamper the growth of the market. Moreover, a rise in demand for steroid injections and the growing number of obese people worldwide is anticipated to boost the market growth.

MARKET SCOPE

The "Steroid Injections Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of steroid injections market with detailed market segmentation by product type, route of administration, and distribution channel. The steroid injections market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in steroid injections market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The steroid injections market is segmented on the basis of product type, route of administration, and distribution channel. Based on product type, the market is segmented as prednisolone, triamcinolone, prednisone, methylprednisolone, and dexamethasone. On the basis of route of administration, the market is categorized as intramuscular, intra-articular, intravenous, and epidural. On the basis of distribution channel, the market is categorized as hospital pharmacy, specialty clinics, retail pharmacy & drug stores, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the steroid injections market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The steroid injections market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting steroid injections market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the steroid injections market in these regions.

MARKET PLAYERS

The report covers key developments in the steroid injections market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from steroid injections market are anticipated to have lucrative growth opportunities in the future with the rising demand for steroid injections in the global market. Below mentioned is the list of few companies engaged in the steroid injections market.

The report also includes the profiles of key players in steroid injections market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Bristol-Myers Squibb Company
  
•  Scintilla Pharmaceuticals, Inc.
  
•  Flexion Therapeutics, Inc.
  
•  Pfizer, Inc.
  
•  Mylan N.V.
  
•  EIPICO
  
•  Concordia International Rx UK Ltd.
  
•  Intrapharm Laboratories Limited Company
  
•  Advanz Pharma
  
•  Flagship Biotech International Private Limited.
  
•  Health Biotech Limited
  
•  Others
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Steroid Injections Report Scope