Get 20% off on Global Market Reports until March 31st! Use code FY25SAVE at checkout.

How has the knee bursitis market size evolved in recent years?

The market for knee bursitis has seen significant growth in the recent past. The market, which was valued at $2.66 billion in 2024, is projected to increase to $2.86 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.6%. The substantial growth during the historical period is attributed to factors such as an ageing population, heightened engagement in sports and physical routines, advancements in diagnostic strategies, better healthcare access, and educational schemes for health practitioners and patients.

What are the predictions for the knee bursitis market size in the coming years?

The market size for knee bursitis is predicted to notably expand in the coming years, with predictions suggesting it will reach $3.79 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.3%. This growth during the forecast period is believed to be a result of growing awareness initiatives concerning prevention and management, increased discretionary income, escalated spending on healthcare, and a rise in awareness and diagnosis of knee bursitis. The forecast period is also expected to see major trends such as improved diagnostic methodologies, the creation of unique therapies, progression in research and development efforts, and the emergence of telemedicine and remote patient monitoring.

Get your knee bursitis market report here!

https://www.thebusinessresearchcompany.com/report/knee-bursitis-global-market-report

What key factors are fueling the growth of the knee bursitis market?

The escalating rates of diseases linked to the bones are anticipated to boost the expansion of the knee bursitis market. Disorders of the bone, such as osteoporosis, arthritis, and bone cancer, interfere with the structure, strength, and function of the skeletal system. The rising rates of these bone-related diseases are due to factors like aging populations, inactive lifestyles, poor nutrition, and environmental shifts. Bone disorders, including osteoarthritis and rheumatoid arthritis, can trigger knee bursitis by promoting inflammation and overpressure on the knee bursa, leading to pain, swelling, and lessened joint functioning. For example, Healthy Bones Australia, a non-profit organization based in Australia, projected in September 2022 that 6.2 million individuals aged 50 and above are estimated to have osteoporosis or osteopenia in 2022. This estimate is based on 22% having osteoporosis and 78% having osteopenia among 4.74 million Australians with poor bone health. Thus, the escalating prevalence of bone-related conditions is prompting the expansion of the knee bursitis market. The knee bursitis market is expected to benefit from the growing diabetic population. Diabetes, a persistent condition wherein the body can’t regulate blood sugar levels properly due to inadequate insulin production or ineffective insulin use, is rising due to factors such as inactive lifestyles, unhealthy diet, and genetic predispositions. Diabetic individuals are at risk of developing knee bursitis due to prolonged pressure on the knees, weakened immune systems, or complications associated with diabetes. A report published by the UK-based public health organization National Health Service (NHS) in June 2024 highlighted that the number of individuals preregistered with diabetes rose by 18% to 3,615,330 in 2023, from 3,065,825 in 2022. Therefore, the mounting diabetic population is contributing to the proliferation of knee bursitis market.

How is the global knee bursitis market divided into key segments?

The knee bursitis market covered in this report is segmented –

1) By Diagnosis: Imaging Test, Other Diagnosis Tests

2) By Treatment: Medication, Therapy, Surgery, Other Treatments

3) By End User: Hospitals And Clinics, Diagnostic Centers, Research Centers, Academic Institutes, Other End Users

Subsegments:

1) By Imaging Test: X-Ray, MRI (Magnetic Resonance Imaging), Ultrasound

2) By Other Diagnosis Tests: Physical Examination, Aspiration Of Joint Fluid, Blood Tests

Get your free sample now – explore exclusive market insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=16460&type=smp

Who are the key firms paving the way for growth in the knee bursitis market?

Major companies operating in the knee bursitis market are Pfizer Inc., Merck & Co. Inc, Bayer AG, Novartis AG, Roche Holding AG, Medtronic plc, Eli Lilly and Company, Amgen Inc, Gilead Sciences Inc., Stryker Corporation, Regeneron Pharmaceuticals Inc., Biogen Inc., Vertex Pharmaceuticals Incorporated, Zimmer Biomet Holdings Inc., DePuy Synthes Inc., Arthrex Inc., Globus Medical Inc., Bioventus LLC, Exactech Inc., Genentech Inc., Conformis Inc., Oncolys BioPharma Inc, Bellicum Pharmaceuticals Inc, Merrimack Pharmaceuticals Inc, 4Med Medical Solutions Inc

Unlock exclusive market insights – purchase your research report now for a swift delivery!

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16460

What regions are contributing significantly to the growth of the knee bursitis market?

North America was the largest region in the knee bursitis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the knee bursitis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Browse Through More Similar Reports By The Business Research Company:

Medical Devices Reimbursement Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/medical-devices-reimbursement-global-market-report

Healthcare Reimbursement Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/healthcare-reimbursement-global-market-report

1, 4 Butanediol Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/1-4-butanediol-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: