One of the reasons for the orthopedic IAHA market growth is the fact that these injections, which are based on the use of natural hyaluronic acid to relieve pain and improve mobility in osteoarthritis patients, are becoming more and more popular due to the increase in osteoarthritis cases, obesity, and the aging population. There is also a trend toward the use of less invasive, non-surgical methods for pain management which is another factor that contributes to market growth.
Key Growth Drivers and Opportunities
Rising Cases of Osteoarthritis: The increase of osteoarthritis in aging populations has turned the demand towards the minimally invasive IAHA injections that supply localized joint comfort and a treatment that lasts for a long time. Consequently, new market arenas are open to the manufacturers and healthcare providers.
Challenges
There are several restrictions that orthopedic IAHA injection market has to deal with, these are: high treatment cost, patient variable response, short duration of relief in certain cases, and possible side effects that can limit the distribution of the usage.
Innovation and Expansion
Ono Pharmaceutical Introduces JOYCLU for Osteoarthritis Joint Relief in Japan
In May 2021, Ono Pharmaceutical Co., Ltd. and Seikagaku Corporation announced the launch of JOYCLU 30mg Intra-articular Injection (generic name: diclofenac etalhyaluronate sodium; “JOYCLU”), a joint function improvement agent, for which Seikagaku received Japanese manufacturing and marketing approval in March 2021.
JOYCLU is licensed for the treatment of osteoarthritis (knee and hip joints) and is predicted to alleviate symptoms with an intra-articular injection once every four weeks.
Inventive Sparks, Expanding Markets
The use of innovative products, new market entry, strategic alliances, and patient access improvement through education and reimbursement assistance have become the growth drivers for the IAHA injectable companies.
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