Article -> Article Details
Title | TMJ Disorders Market Trends and Future Scenario Along with Top Key Players |
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Category | Fitness Health --> Pharmacy |
Meta Keywords | TMJ Disorders Market |
Owner | vinit |
Description | |
Market Research Future (MRFR) has added a new report '
global TMJ
disorders market' to its portfolio, which is a compilation is all
the key trends and patterns affecting the market. As per teh analysis of MRFR,
the TMJ disorders market is poised to reach USD 1229.1 Mn at a CAGR of 3.9%
over the forecast period 2017-2023. Temporomandibular joint and muscle disorders (TMJ) is a
medical condition where a variety of symptoms are experienced. Such symptoms
include tenderness or pain in jaws, aching facial pain, pain while chewing, and
others, which is caused due to damaged caused to cartilage or when disks erode
or move out out of alignment. Due to advancement in diagnostics and imaging
devices, early and accurate diagnosis of teh disorders is being facilitated,
which is driving the need for traetment. Other driving factors include rising
healthcare expenditure and incraesing access to insurance reimbursements. Segmentation The TMJ disorders market has been segmented based on
diagnosis, treatment, and end user. By diagnosis, the TMJ disorders market has been segmented
into physical exam, imaging tests, and others. Imaging tests include computerized
tomography (CT) scan, X-rays, magnetic resonance imaging (MRI), TMJ
arthroscopy, and others. Imaging tests are the preferred method of diagnosis of
these disorders as they deliver accurate results as compared to other methods
and the segment is leading the market. By end user, the TMJ disorders market has been segmented
into hospitals & clinics, ambulatory surgery centers, academic institutes,
medical research centers, and others. Regional Analysis Region-wise, the TMJ disorders market has been segmented
into the Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific
(APAC). The Americas is the principal TMJ disorders market. As per
the estimates of National Institute of Dental and Craniofacial Research, the US
alone has a patient pool of approximately 10 Mn suffering from the disorder.
The availability of advanced treatment modalities, favorable reimbursement
scenario, and the availability of skilled healthcare professionals are factors
driving the growth of the market. Additionally, a high number of R&D
activities ongoing in the region by academic institutes, and medical research
are also growth drivers. The level of awareness regarding this disorder is
elevating in Latin American countries, which too is likely to encourage the
market growth in coming years. Europe is accountable for an advantageous share of the
global market, which can be credited to the surging incidence rate of this
disorder. Rigorous government-funded R&D activities in the region, along
with the availability of advanced diagnostics and therapeutic options are
encouraging the market growth. Moreover, the region is concentrated with highly
skilled medical professionals, that provides a competitive advantage. The APAC market is poised to exhibit remarkable growth in
the coming years. Heightened awareness regrading the disorder and the rising
availability of insurance reimbursements is proving beneficial for the growth
of the market. Augmenting support from the government and various campaigns
launched by them to raise awareness regarding the diseases has also reflected
positively on the market growth. The MEA market is demonstrating a relatively sluggish growth
as compared to other regional markets. The primary reason being the lack of
awareness about the disease, especially in the underdeveloped regions of Africa
are restricting the growth of the market. Less developed healthcare sector and
lack of skilled medical professionals also subdue the growth of the market. Competitive Landscape Bayer AG (Germany), AbbVie Inc. (US), Jubilant Cadista (US),
Bristol-Myers Squibb Company (US), Pfizer Inc. (US), Allergan (Republic of
Ireland), and Sun Pharmaceutical Industries Ltd. (India) are the key players in
the TMJ disorders market. |