During the projected period, the market for knee surgeries and arthroplasty pain management therapeutics is predicted to rise due to an increase in the number of knee operations and arthroplasty and increased awareness about knee surgeries and arthroplasty. Key market players are focused on the development and approval of novel medicines for the treatment of knee surgeries and arthroplasty pain, which is projected to provide industry participants with a profitable opportunity to introduce innovative products in the market. Product recalls and negative effects connected with pharmaceutical use may impede the growth of the worldwide knee operations and arthroplasty pain management therapeutics market.
According to Coherent Market Insights, the Global Knee Surgeries And Arthroplasty Pain Management Therapeutics Market is estimated to be valued at US$ 4,211.7 million in 2022 and expected to exhibit a CAGR of 4.8% over the forecast period (2022-2030).
Prominent Companies in the Knee Surgeries And Arthroplasty Pain Management Therapeutics Industry:x
1. Pfizer Inc
Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. The company has collaboration agreements with Bristol-Myers Squibb Company; Astellas Pharma US, Inc.; Myovant Sciences Ltd.; Merck KGaA; Valneva SE; BioNTech SE; and Arvinas, Inc. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.
2. Allay Therapeutics
Allay Therapeutics offers analgesic products for post-surgical pain management and recuperation. The company was founded in 2017 and is headquartered in Menlo Park, California, United States. In Septembe 2021, Allay Therapeutics announced the completion of its oversubscribed $60M Series C financing, led by Arboretum Ventures. Participating in the round were NEA, Temasek, Pavilion Capital, Brandon Capital Partners, Vertex Growth, Vertex Ventures HC and WTT Investment Ltd.
3. Zydus Cadila Healthcare Ltd.
Zydus Cadila is a fully integrated, global healthcare provider, with strengths all along the pharmaceutical value chain. Founded in 1952, headquartered in Gujarat, India.
4. Novartis AG
Novartis is a global healthcare company based in Switzerland that provides solutions to address the evolving needs of patients worldwide. Founded in 1996.
5. Purdue Pharma
Purdue Pharma is a manufacturer of medications and consumer health products for healthcare professionals, patients, consumers, and caregivers. Founded in 1892, headquartered in Connecticut, U.S.
6. Delphis Pharmaceutical
Delphic Diagnostics Limited was incorporated in 2001 and is based in London, United Kingdom with laboratories in Liverpool and Kent, United Kingdom. Delphic Diagnostics is a laboratory company that provides pharmacology, pharmacogenetic, and virology services to pharmaceutical companies, clinical research organizations, and the healthcare sector.
Taj Pharmaceuticals Limited,
7. GlaxoSmithKline plc
GSK plc, together with its subsidiaries, engages in the research, development and manufacture of vaccines and specialty medicines to prevent and treat disease in the United Kingdom, the United States, and internationally. It operates through four segments: Pharmaceuticals, Pharmaceuticals R&D, Vaccines, and Consumer Healthcare. GSK plc was founded in 1715 and is based in Brentford, the United Kingdom.
8. AbbVie Inc.
AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. It has collaborations with Calico Life Sciences LLC; REGENXBIO Inc.; I-Mab Biopharma; Genmab A/S; Janssen Biotech, Inc.; and Genentech, Inc. The company was incorporated in 2012 and is headquartered in North Chicago, Illinois.
9. Aurobindo Pharma
Aurobindo Pharma Limited engages in the research, development, manufacture, and sale of active pharmaceutical ingredients, generic pharmaceuticals, and related services in India. It serves multinational companies. Aurobindo Pharma Limited was incorporated in 1986 and is headquartered in Hyderabad, India.
*Definition- Total knee arthroplasty (TKA) or total knee replacement (TKR) is a popular orthopaedic procedure that involves replacing the kneecap.
