The musculoskeletal system drugs market comprises companies that discover, develop, manufacture and distribute medications used in the treatment of musculoskeletal diseases. Musculoskeletal diseases include arthritis, osteoporosis, osteomalacia, carpal tunnel syndrome, tendonitis, rotator cuff tear, muscular dystrophy, myasthenia gravis, lupus erythematosus and others. Some of the major drugs in the market include Piroxicam Glaxo, Dolonex, Felden, and Piroxicam Pfizer.
North America was the largest region in the musculoskeletal disorders drugs market in 2017, accounting for 32% market share. This can be attributed to the high per capita healthcare expenditure and the development of cost effective drugs for musculoskeletal disorders. Western Europe was the second largest region accounting for 22% market share. Africa was the smallest region accounting for 3% market share.
Introduction of advanced pain free drug delivery technologies is promoting the use of musculoskeletal drugs. Drug delivery systems refer to methods or processes used to administer a pharmaceutical compound to achieve a therapeutic effect in humans or animals. Drug delivery products such as intrathecal pumps are being used to deliver muscle relaxants such as baclofen directly into spinal cord to provide instant relief. 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.
Companies Covered: F. Hoffmann-La Roche Ltd., GlaxosmithKline Plc, Pfizer Inc., Abbott Laboratories Inc., Daiichi Sankyo Company, Limited
Market segments Included: Drugs For Rheumatoid Arthritis; Muscle Relaxants; Others Musculoskeletal Disorders Drugs
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