Market Size For Osteoarthritis Drugs Market to Expand Significantly by poojam · June 5 Ezekiel Elliott Youth Jersey , 2019
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Growing Elderly Population a Major Driver of the Osteoarthritis Drugs Market
Osteoarthritis (OA) is an prevalent disease globally and it affects the elderly population quite severely. The condition is also life-threatening to many as it leads to impaired mobility leading to more potential accidents and financial constraints. However, the current crop of osteoarthritis drugs only offer pain mitigation and relief Trysten Hill Womens Jersey , but not a permanent solution. Additionally, osteoarthritis drugs also fail to halt disease progression. Hence, despite their lack of effectiveness and extreme high costs of viscosupplementation, the global osteoarthritis drugs market continues to grow. Moreover, the rising elderly population around the globe, and increasing reach of programs like Medicare in the US and privatized healthcare bill recently introduced in Australia Taco Charlton Womens Jersey , the osteoarthritis drugs market will result in several new opportunities for innovation.
Anti-Nerve Growth Therapy Promises a New Avenue for Growth
The global osteoarthritis market is witnessing several new product launches like increased investments, increasing prevalence of osteoarthritis due to growing obesity worldwide, and this has resulted in promising treatments like Anti- NGF treatments. NGF or Nerve Growth Factor is a promising therapy which can subside the progression of several arthritic conditions, and provides immense relief during chronic pain. Additionally, advent of other disease modifying osteoarthritis drug (DMOAD) also presents a new opportunity on the hor