The global Osteomyelitis Market is expected to register an approximate CAGR of 6.1% during the forecast period.
The increasing prevalence of osteomyelitis, growing child population, and growing cases of diabetes are estimated to drive the market during the forecast period. However, factors such as the limited availability of treatments, risks associated with surgery, and low healthcare expenditure in the middle and low-income countries are estimated to restraint the market growth, during the forecast period.
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The global osteomyelitis market is segmented on the basis of pathogenesis, diagnosis and treatment, and end-user.
The market for osteomyelitis is segmented by pathogenesis which is sub-segmented into trauma, contiguous spread, and others. By diagnosis, the market is categorized into physical examination, blood tests, imaging tests, bone biopsy, and others. The blood tests segment is sub-segmented into Complete Blood Count (CBC), Erythrocyte Sedimentation Rate (ESR), and C-Reactive Protein (CRP). The imaging segment is sub-segmented into X-rays, Computerized Tomography (CT) scan, and Magnetic Resonance Imaging (MRI). By treatment, the market is segmented into antibiotics and surgery. The antibiotics segment is sub-segmented into ceftriaxone, nafcillin, ceftazidime, and others. By end-user, the market is segmented into hospitals and clinics, research organizations, diagnostic diseases, and others.
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The Americas dominates the global market for osteomyelitis. Huge patient population, high per capita income, the presence of market players, and developed economies such as the U.S. and Canada within the region provide favorable backgrounds for market growth. Europe is second in the market owing to the increasing acceptance of therapeutic surgeries, the presence of a developed healthcare sector, and rising reported cases of diabetes within the region. Asia Pacific is estimated to be the fastest growing region for the global osteomyelitis market owing to the increasing prevalence of diabetes, rising medical tourism, and an expanding healthcare sector within the region. The Middle East and Africa holds the least share in the global osteomyelitis market owing to the presence of poor economies, stringent government policies, and low per capita income, especially within the African region.
Some of the key players for the global osteomyelitis market are Allergan Plc (Republic of Ireland) CrystalGenomics Inc (South Korea), Debiopharm International SA (Lausanne), Motif Bio Plc (London), Nabriva Therapeutics AG (Dublin), Vyome Biosciences Pvt Ltd (India), F. Hoffmann-La Roche AG (Switzerland), Koninklijke Philips N.V. (Netherlands), General Healthcare (U.S.), Siemens AG (Germany), Toshiba Corporation (Japan), Shimadzu Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Neusoft Medical Systems Co., Ltd. (China), Medtronic plc (Ireland), Shenzhen Anke High-tech Co., Ltd. (Hong Kong), and others.