Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Tendonitis Treatment Market Size Worth $235.4 Billion By 2028: Grand View Research, Inc.

Published

on

 

The global tendonitis treatment market size is expected to reach USD 235.4 billion by 2028 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 2.8% from 2021 to 2028. Individuals are proactively participating in sporting or physical activities and the probability of sports-related injuries occurring is rising, thereby contributing to the market development and growth. The growing global geriatric population is susceptible to tendonitis or could be suffering from bone disorders, osteoporosis, rheumatoid arthritis, diabetes, and osteoarthritis. Constant innovation of technologies and therapies in treating tendonitis is contributing to the growth. Supportive government initiatives and significant investments and collaborations amongst key players to expand product offerings are boosting the market growth.

Key Insights & Findings:

  • The market is expected to grow well over the forecast period owing to the increasing prevalence of tendonitis and the introduction of new and innovative therapies
  • The therapy segment dominated the market in 2020 due to the rising occurrence of sports injuries and rising awareness levels towards non-pharmacological therapies and easy availability
  • The Achilles tendonitis segment dominated the market in 2020 due to the high occurrence of the medical condition in both competitive and recreational sports players

Read 120 page market research report, “Tendonitis Treatment Market Size, Share & Trends Analysis Report By Treatment, By Condition (Tennis Elbow, Golfer’s Elbow, Pitcher’s Elbow, Jumper’s Knee, Swimmer’s Shoulder), By Region, And Segment Forecasts, 2021 – 2028“, by Grand View Research

Over the past years, the growing reliance on technologies in mapping various factors concerning sports, such as performance assessment, training modules, and sports injuries tracking and monitoring. The shift from proactive to preventive therapies is proving to be beneficial in improving the health status of sports players to prevent injuries. Sporting and physical activities are witnessing significant participation, and this paves way for possibilities of incurring sports injuries. As per Standard Children’s Health, in 2018, out of 30.0 million children and adolescents participating in sports in the U.S., approximately 3.5 million incur some form of sports injury. Furthermore, nearly 775,000 children and adolescents are treated for sports-related injuries in the U.S. every year. Thus, increased participation in sporting activities coupled with the growing adoption of treatment facilities is expected to boost market growth over the forthcoming years.

The key players are increasingly investing in the development of new innovative products to upgrade their product portfolios. The companies are developing products to cater to the growing incidences of sports injury in both competitive and recreational sports players. Market leaders are implementing strategic decisions to gain a competitive edge in the market. Key players are focusing on strengthening their business position in both developed and emerging economies, focusing on product innovation, and supplement organic growth through acquisitions. For instance, in March 2019, Stryker acquired OrthoSpace Ltd. to expand its existing sporting medicine and therapy segment.

Advertisement

The emergence of the Covid-19 pandemic has altered the methods of care delivery in treating tendonitis. Due to the temporary lockdowns, travel restrictions, and high infection load in the healthcare facilities, the market has been negatively impacted. The shortage of skilled healthcare personnel treating tendonitis has restrained the development and growth of the pandemic. Cancellation or postponement of sports injuries implies a decline of sports injuries, which eventually negatively influences the business revenue earnings. The decline in non-pharmacological therapies and surgeries is hindering the market growth.

Grand View Research, Inc. has segmented the global tendonitis treatment market on the basis of treatment, condition, and region:

  • Tendonitis Treatment Outlook (Revenue, USD Million, 2016 – 2028)
    • Therapy
      • Hot and Cold Therapy
      • Physical Therapy
      • Shockwave Therapy
    • Surgery
  • Tendonitis Treatment Condition Outlook (Revenue, USD Million, 2016 – 2028)
    • Tennis Elbow
    • Golfer’s Elbow
    • Pitcher’s Elbow
    • Jumper’s Knee
    • Swimmer’s Shoulder
    • Achilles Tendonitis
  • Tendonitis Treatment Regional Outlook (Revenue, USD Million, 2016 – 2028)
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • Spain
      • Italy
      • France
      • Russia
    • Asia Pacific
      • Japan
      • China
      • India
      • Singapore
      • Australia
      • South Korea
    • Latin America
      • Brazil
      • Mexico
      • Argentina
    • MEA
      • South Africa
      • Saudi Arabia
      • UAE

List of Key Players of Tendonitis Treatment Market

  • Merck and Co., Inc.
  • AstraZeneca
  • Boehringer Ingelheim Pharmaceuticals, Inc.
  • Abbott
  • Pfizer
  • Bayer AG
  • GlaxoSmithKline PLC
  • Almatica Pharma, Inc.
  • Teva Pharmaceuticals Industries

Check out more studies related to bone disorders, their diagnostics & treatment, conducted by Grand View Research:

  • Orthopedic Biomaterials Market – The global orthopedic biomaterials market size was valued at USD 11.96 billion in 2018 and is anticipated to expand at a CAGR of 10.3% over the forecast period. Increasing incidence of musculoskeletal ailments and chronic skeletal conditions is boosting the product demand, thereby augmenting the market growth.
  • Orthopedic Regenerative Surgical Products Market – The global orthopedic regenerative surgical products market size was valued at USD 3.4 billion in 2020 and is estimated to expand at a compound annual growth rate (CAGR) of 3.6% from 2021 to 2028. Growing technological advancements, the prevalence of arthritis and other orthopedic conditions, orthopedic surgeries, and R&D activities are some of the key drivers of this market.
  • Rheumatoid Arthritis Therapeutics Market – he global rheumatoid arthritis therapeutics market size was valued at USD 20.3 billion in 2016. The market is anticipated to expand at a CAGR of 4.6% over the forecast period. Increasing prevalence of arthritis, growing acceptance of biopharmaceuticals, and the presence of well-defined regulatory guidelines in developed economies are among the key trends expected to trigger market growth.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

Published

on

lct-secures-vara-in-principle-approval,-defining-its-role-in-dubai’s-crypto-landscape
Continue Reading

Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

Published

on

bybit-one-click-buy-offers-a-winning-chance-in-first-time-deposits-lucky-draws

bybit lucky

Continue Reading

Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

Published

on

blocks-&-headlines:-today-in-blockchain-(blackrock,-plume,-sealsq,-hedera,-deutsche-bank,-kucoin)

 

Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

Advertisement

Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

Advertisement

As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

Advertisement

KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

Advertisement
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE