According to the latest report published by Credence Research, Inc. “Global Osteoarthritis Treatment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the Osteoarthritis Treatment market was valued at USD 2,159.3 Mn in 2015, and is expected to reach USD 5,896.4 Mn by 2022, expanding at a CAGR of 15.8% from 2016 to 2022.
Browse the full report Global Osteoarthritis Treatment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/Osteoarthritis Treatment-market
Market Insights
Increasing demands on pharmaceutical manufacturers and other intermediaries regarding early identification of drug adversities, growing concerns over drug safety and growing need for prompt compliance to regulatory guidelines have led to emergence of Osteoarthritis Treatment services. Moreover, withdrawals of several high profile drugs in the past have urged pharmaceutical manufacturers to closely observe GPvP practices to preserve their stronghold in the market.
Among the phases of drug development namely, preclinical studies, phase I, phase II, phase III, phase IV or post marketing surveillance, phase IV segment is the largest revenue generating segment in the Osteoarthritis Treatment market. Standing at above 55% market share in 2015, as this stage is highly instrumental in assessing drug safety in the widest range of patients and registers the highest number of events. Phase IV assessment is also highly instrumental in product life cycle management of high profile drugs. In addition, phase III stage Osteoarthritis Treatment enables convenient and robust commercialization of novel drugs thus ensuring strong future foothold in the market.
Spontaneous reporting, intensified ADR reporting, targeted spontaneous reporting, cohort event monitoring, and EHR mining are the major methods of Osteoarthritis Treatment reporting. Our analysis estimates spontaneous reporting to be the largest segment in 2015 and is expected to maintain its dominance during the through the forecast period. Efficient identification of adverse effects that were previously unknown and less expensive processing are the major contributors to the market growth of this segment.
Osteoarthritis Treatment is conducted either in-house or through contract outsourcing. Between the two options, the later method is the most widely adopted by both large and mid-sized pharmaceutical companies. The trend of adopting in-house pharmaceutical is thus expected to be low in the future due to growing preference of pharmaceutical manufacturers towards cost containment of operations and their growing focus on developing core competencies.
Geographically, North America and Europe take over half the Osteoarthritis Treatment market. Asia-Pacific, on the other hand, is anticipated to be the fastest growing regional market for Osteoarthritis Treatment due to growing awareness in the emerging economies, and government initiatives regarding drug safety. This market is observed to be highly fragmented with several BPOs and CROs currently operational in the international markets. PAREXEL International, Covance, Quintiles, Accenture, Cognizant Technology Solutions are some of the notable names in this market.
ToC:
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
Chapter 2 Executive Summary
2.1 Osteoarthritis Treatment Market Share, by Drug Development Phase, 2015 (Value %)
2.2 Osteoarthritis Treatment Market, by Methods, 2014-2022 (USD Mn)
2.3 Osteoarthritis Treatment Market, by Services, 2014-2022 (USD Mn)
2.4 Osteoarthritis Treatment Market Share, by Geography, 2015 (Value %)
2.1 Osteoarthritis Treatment Market Share, by Drug Development Phase, 2015 (Value %)
2.2 Osteoarthritis Treatment Market, by Methods, 2014-2022 (USD Mn)
2.3 Osteoarthritis Treatment Market, by Services, 2014-2022 (USD Mn)
2.4 Osteoarthritis Treatment Market Share, by Geography, 2015 (Value %)
Chapter 3 Osteoarthritis Treatment Market: Market Dynamics and Outlook
3.1 Introduction, Facts and Figures
3.2 Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition
3.1 Competitive Analysis: Fractal Map Investigation, by Key Market Players
3.1 Introduction, Facts and Figures
3.2 Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition
3.1 Competitive Analysis: Fractal Map Investigation, by Key Market Players
Chapter 4 Global Osteoarthritis Treatment Market Analysis, by Drug Development Phase
4.1 Preface
4.2 Preclinical Studies
4.3 Phase I
4.4 Phase II
4.5 Phase III…
4.1 Preface
4.2 Preclinical Studies
4.3 Phase I
4.4 Phase II
4.5 Phase III…
Browse the full report Global Osteoarthritis Treatment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/Osteoarthritis Treatment-market
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