The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s generic musculoskeletal disorders drugs market report forecasts the generic musculoskeletal disorders drugs market size to grow to $0.07 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

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Generic Musculoskeletal Disorders Drugs Market Size Forecast
The global generic musculoskeletal disorders drugs market is expected to grow from $0.05 billion in 2022 to $0.06 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global generic musculoskeletal disorders drugs market size is expected to grow to $0.07 billion in 2027 at a CAGR of 5.7%.

Asia-Pacific held the largest generic musculoskeletal disorders drugs market share.

Key Generic Musculoskeletal Disorders Drugs Market Driver ­– Increase In The Prevalence Of Arthritis
For example, the Centres for Disease Control and Prevention, a US government body, predicts that by 2040, 78.4 million persons aged 18 and older (25.9% of the total adult population) would have doctor-diagnosed arthritis. As a result, the rising frequency of arthritis is propelling the generic musculoskeletal disorders medications market forward.

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Key Generic Musculoskeletal Disorders Drugs Market Trend – Strategic Partnerships
Many companies in the generic musculoskeletal disorders medications industry are forming alliances to increase their market position. For example, in December 2020, PostEra, a biotechnology business based in the United States, collaborated with Pfizer Inc., a pharmaceutical and biotechnology organisation based in the United States. The goal of this collaboration is to introduce superior machine learning for drug discovery. Furthermore, in February 2022, Pfizer Inc., a pharmaceutical and biotechnology firm based in the United States, collaborated with Alex Therapeutics, a digital therapeutics company based in Sweden. This new strategic business partnership provides patients with evidence-based, clinically validated, and personalised digital treatments.

Generic Musculoskeletal Disorders Drugs Market Segment
1) By Treatment Type: Medication, Therapy, Surgery, Other Treatment Types
2) By Route of Administration: Oral, Parenteral, Other Routes
3) By Disorder Type: Osteoarthritis, Rheumatoid Arthritis, Spondylarthritis, Juvenile Idiopathic Arthritis, Psoriatic Arthritis, Fibromyalgia, Other Disorder Types
4) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Drug Store, Online Pharmacy

Generic Musculoskeletal Disorders Drugs Market Major Players and Strategies
Major players in the generic musculoskeletal disorders drugs market are Pfizer Inc., Sanofi S.A., Eli Lilly And Company, Ampio Pharmaceuticals Inc., Amgen Inc., Boehringer Ingelheim International GmbH, Merck & Co Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceuticals Industries Ltd., AstraZeneca Plc., Mitsubishi Tanabe Pharma Corporation, Horizon Therapeutics Plc., Procter & Gamble, Eisai Co. Ltd., Biogen Inc., and Sino Biopharmaceutical Limited.

Assertio Therapeutics Inc., a specialised pharmaceutical business based in the United States, bought Zyla Life Sciences in May 2020 for an unknown sum. With this acquisition, Assertio Therapeutics intends to focus on neurology, inflammation, and pain products, as well as a diverse range of nonsteroidal anti-inflammatory medications. Zyla Life Sciences is a manufacturer and distributor of anti-inflammatory and pain medications established in the United States that operates in the generic musculoskeletal disorders drugs market.

The Generic Musculoskeletal Disorders Drugs Global Market Report 2023 covers regional data on generic musculoskeletal disorders drugs market size, generic musculoskeletal disorders drugs market trends and drivers, opportunities, strategies, and generic musculoskeletal disorders drugs market competitor analysis. The countries covered in the generic musculoskeletal disorders drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Generic musculoskeletal disorders pharmaceuticals are medications that are used to treat musculoskeletal disorders. They are used to treat muscle spasms and reduce muscle pain and stiffness.

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