Avascular Necrosis Market Size to Reach USD 1,178.1 Million by 2032
The Avascular Necrosis Market, valued at USD 671 Million in 2023, is anticipated to surpass USD 1,178.1 Million by 2032, reflecting a projected CAGR of 6.6%
Avascular necrosis (AVN) is a degenerative bone condition characterized by decreased blood flow, bone tissue loss, and joint collapse. The increasing prevalence of osteonecrosis associated with corticosteroid usage, alcohol drinking, and trauma-related injuries is driving the demand for AVN treatment. The increasing frequency of chronic illnesses such as sickle cell disease and autoimmune disorders fuels demand.
Pharmacological therapies, such as bisphosphonates and anticoagulants, are commonly utilized in early-stage AVN, but severe instances necessitate surgical interventions such as core decompression, bone grafting, and joint replacement. Regenerative medicine is advancing, with stem cell therapy and platelet-rich plasma (PRP) becoming increasingly popular.
The exorbitant cost of joint replacement surgeries, as well as a lack of awareness about early-stage AVN, is significant challenges. However, ongoing research into innovative medicines and biomaterials for joint preservation creates prospects for market growth. Companies are actively investing in clinical studies to create less invasive alternatives, thereby influencing the future of AVN management.
Avascular Necrosis Market Statistics
- The global avascular necrosis market is expected to grow at a steady annual rate of 6.6% between 2024 and 2032
- The avascular necrosis market is expected to reach USD 671 million by 2023
- North America leads the market for ambulatory surgical and emergency facilities, accounting for 39%
- The Asia-Pacific market for avascular necrosis is developing at 7.2% CAGR
- MRI diagnosis is the top earner in the avascular necrosis market
- Drugs have witnessed considerable revenue increase in the therapy category
- Regulatory agencies are approving more medicines for the avascular necrosis market
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Prevalence of Osteonecrosis Due to Corticosteroid Use Is the Growth Factor in the Avascular Necrosis Market
The increasing use of corticosteroids, particularly in managing autoimmune disorders, respiratory diseases, and post-transplant immunosuppression, is a major driver of the avascular necrosis (AVN) market. Prolonged corticosteroid therapy disrupts lipid metabolism, leading to fat embolism and reduced blood supply to bones, especially in the femoral head. Studies indicate that 30-40% of non-traumatic AVN cases are linked to corticosteroid use, making it a significant factor in disease progression.
With rising incidences of conditions like rheumatoid arthritis, lupus, and organ transplants, the demand for AVN treatments is growing. Pharmaceutical advancements focus on corticosteroid-induced AVN prevention, with bisphosphonates and anticoagulants showing promise in early-stage management. Additionally, increased patient awareness and improved diagnostic capabilities enable earlier intervention, reducing joint deterioration risks. As the number of patients requiring long-term corticosteroid therapy rises globally, the AVN treatment market is expected to expand, with medical professionals emphasizing early detection and non-surgical management options.
Growing Adoption of Regenerative Therapies is the Avascular Necrosis Market Trend
The avascular necrosis market is experiencing a shift toward regenerative treatments, with stem cell therapy, platelet-rich plasma (PRP), and bone marrow aspirate concentrate (BMAC) gaining traction. These therapies aim to enhance bone regeneration and restore vascular supply, reducing the need for total joint replacements. Clinical trials have demonstrated that mesenchymal stem cells (MSCs) can improve bone repair in early AVN stages, with several biotech companies investing in cell-based interventions.
PRP therapy is also developing as a viable treatment that uses growth factors to enhance recovery. Additionally, researchers are looking into gene therapy options to improve angiogenesis and bone remodeling. Regenerative therapies, when compared to standard surgical methods, provide less intrusive alternatives with shorter recovery times, which appeals to both patients and physicians. As tissue engineering progresses, the combination of biomaterials and stem cell therapy has the potential to greatly improve AVN treatment, allowing for long-term joint preservation options. This trend is likely to accelerate as regulatory approvals and commercialization activities expand.
Avascular Necrosis Market Segmentation
The worldwide avascular necrosis market is divided into 6 segments: disease type, treatment type, route of administration, diagnosis, sales channel, and regional markets
- Disease Type: traumatic avascular necrosis, and non-traumatic avascular necrosis
- Treatment Type: drug type, and therapy
- Route of Administration: oral, and parenteral
- Diagnosis: MRI, CT scan, biopsy, and PET and X-ray
- Sales Channel: hospital pharmacies, retail pharmacies, and online pharmacies
- Regional: the Middle East & Africa, Asia-Pacific, Europe, Latin America, and North America
Avascular Necrosis Market Regional Outlook
North America dominates the AVN market, primarily due to high corticosteroid usage, increasing cases of osteonecrosis, and advanced treatment options. The U.S. leads with a well-established healthcare system, strong reimbursement policies, and growing adoption of regenerative therapies. Additionally, rising orthopedic surgeries and government-backed research initiatives drive market expansion.
Asia-Pacific is experiencing rapid growth due to increasing AVN cases, particularly in India and China. High alcohol consumption and the rising prevalence of sickle cell disease contribute to disease burden. Additionally, cost-effective treatment options and medical tourism boost market demand.
Avascular Necrosis Market Players
Avascular necrosis companies profiled in the report includes Teva Pharmaceuticals Industries Ltd., GSK, Pfizer, Inc., Dr. Reddy’s Laboratories Ltd., Bayer AG, Alkem Labs, Novartis AG, Solara Active Pharma Sciences Limited., Rochem International, Inc., and Dwarkesh Pharmaceuticals Private Limited.
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Avascular Necrosis Market Insights
Parameter |
Details |
Size in 2023 |
USD 671 Million |
Forecast by 2032 |
USD 1,178.1 Million |
CAGR During 2024 - 2032 |
6.6% |
Largest Sales Channel Segment (% Share 2023) |
Hospital Pharmacies – 60% |
Largest Region Size (2023) |
North America - USD 261.6 Million |
Fastest Growing Region (% CAGR) |
Asia-Pacific – 7.2% |
Key Players Covered |
Teva Pharmaceuticals Industries Ltd., GSK, Pfizer, Inc., Dr. Reddy’s Laboratories Ltd., Bayer AG, Alkem Labs, Novartis AG, Solara Active Pharma Sciences Limited., Rochem International, Inc., and Dwarkesh Pharmaceuticals Private Limited. |
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Mr. Richard Johnson
Acumen Research and Consulting
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