(MENAFN- GetNews) Abbott Laboratories Inc. Is One Of The Largest Companies In The Musculoskeletal Disorders Drugs Market, According To TBRC's Report
(Companies: F. Hoffmann-La Roche Ltd, GlaxoSmithKline Plc, Pfizer Inc., Abbott Laboratories Inc., and Daiichi Sankyo Company)
Asia Pacific is the largest region in the global musculoskeletal disorder's drugs market.
The musculoskeletal disorders drugs market consists of sales of musculoskeletal disorders drugs and related services by entities (organizations, sole traders and partnerships) that produce musculoskeletal disorders drugs to treat musculoskeletal disorders such as arthritis, osteoporosis, osteocalcin, and other disorders. This industry includes establishments that produce drugs to treat rheumatoid arthritis, muscle relaxants to reduce muscle pain, and other drugs used in treating osteoarthritis, analgesics drugs, immunosuppressive. Major players in the global musculoskeletal disorders drugs market include F. Hoffmann-La Roche Ltd, GlaxoSmithKline Plc, Pfizer Inc., Abbott Laboratories Inc., and Daiichi Sankyo Company.
Abbott Laboratories is an American medical device and health care company with headquarters in Abbott Park, Illinois, United States. The company was founded by Chicago physician Wallace Calvin Abbott in 1888. They sell medical devices, diagnostics, branded generic medicines, and nutritional products.
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The musculoskeletal disorders drugs market is expected to reach a value of nearly $113 billion by 2022, significantly growing at a growth rate of about 7% during the forecast period. The growth in the musculoskeletal disorders drugs market can be attributed to the expected increase in healthcare awareness, the number of surgical operations and prevalence of musculoskeletal disorders such as fibromyalgia, rheumatoid arthritis, osteoarthritis around the world. Also, increasing number of road accidents and workplace injuries are expected to contribute to market growth.
However, the market for musculoskeletal disorders drugs is expected to face certain restraints from several factors such as increasing red tape culture and changing trends in healthcare.
Introduction of advanced pain-free drug delivery technologies is promoting the use of musculoskeletal drugs. Intra-Articular drug delivery systems are also widely being used to administer medicines to treat arthritis. In addition, these products reduce spasticity symptoms and lower the side effects caused by oral spasticity medications.
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Few Points from Table of Contents:
5. Musculoskeletal Disorders Drugs Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Musculoskeletal Disorders Drugs Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Musculoskeletal Disorders Drugs Market Trends And Strategies
8. Musculoskeletal Disorders Drugs Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Musculoskeletal Disorders Drugs Market Regional Analysis
9.1. Global Musculoskeletal Disorders Drugs Market, 2018, By Region, Value ($ Billion)
9.2. Global Musculoskeletal Disorders Drugs Market, 2014 - 2022, Historic And Forecast, By Region
9.3. Global Musculoskeletal Disorders Drugs Market, Growth And Market Share Comparison, By Region
10. Musculoskeletal Disorders Drugs Market Segmentation
10.1. Global Musculoskeletal Disorders Drugs Market, Segmentation By Type, 2014 - 2022, Value ($ Billion)
10.1.1. Drugs For Rheumatoid Arthritis
10.1.2. Muscle Relaxants
10.1.3. Others - Musculoskeletal Disorders Drugs
11. Musculoskeletal Disorders Drugs Market Metrics
11.1. Musculoskeletal Disorders Drugs Market Size, Percentage Of GDP, 2014 - 2022, Global
11.2. Per Capita Average Musculoskeletal Disorders Drugs Market Expenditure, 2014 - 2022, Global
12. Asia-Pacific Musculoskeletal Disorders Drugs Market
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