Market Trends of Tennis Elbow Treatment Industry
This section covers the major market trends shaping the Tennis Elbow Treatment Market according to our research experts:
Braces by Non-surgical Therapies Segment is Expected to Showcase Significant Growth over the Forecast Period.
The braces segment is expected to witness significant growth in the tennis elbow market during the forecast period owing to the factors such as the rising incidence of tennis elbow and sport-related injuries and the pain caused by it as well as high product availability.
As per an article published in NCBI in July 2022, it has been observed that counterforce bracing is a popular treatment for tennis elbow. As per the same source, counterforce braces can significantly reduce pain by applying pressure to the forearm extensor muscles and then preventing and distributing tension on the damaged extensor carpi radialis brevis (ECRB) origin and promoting self-healing.
Also, 2021 data published by biomechanical research showed that using a counterforce brace can considerably reduce pain frequency and intensity for two to twelve weeks and enhance elbow function at 26 weeks. In addition to counterforce braces, cock-up wrist braces can reduce wrist extension and ECRB tendon activation during regular activities, allowing the wounded tendon to heal. Thus, such studies and benefits are expected to increase the demand and adoption of braces among the target population, propelling segment growth.
The technological advancements in braces and the introduction of bionic elbow braces are also expected to increase the market growth. There are several elbow braces and bands available in the market that helps in reducing elbow pain and healing. For instance, DonJoy Performance Bionic Elbow Brace II provides maximum hinged support for elbow hyperextension, Tommy John ligament injury, and dislocated elbow for football, lacrosse, rugby, and basketball players.
Also, Hykes elbow support compression sleeves braces are used to relieve pain from tendonitis arthritis, strains, joint discomfort, sprains, fatigue, and post-injury rehabilitation. It is also used for post-surgery recovery or preventing sports injuries, for daily care, and for various sports, including baseball, football, badminton, volleyball, baseball, basketball, hockey, CrossFit, cricket, weightlifting, powerlifting, squats, golf, shuttle, hockey, tennis, and racquetball.
Thus, owing to the aforementioned factors, the segment studied is expected to grow significantly during the forecast period.
The North America Dominates the Market and is Expected to Continue the During the Forecast Period
North America is expected to dominate the tennis elbow market during the forecast period. The factors attributing to the market growth are the increasing burden of tennis elbow and sport-related injuries, the presence of well-established healthcare infrastructure, high healthcare spending, and growing patient awareness regarding lateral epicondylitis.
In addition, the rising geriatric population in the region who are more prone to develop elbow-related issues due to their weaker bones is also expected to increase the demand for effective treatment options such as pain-relieving drugs, physical therapies, and others. This is anticipated to fuel market growth.
The rising burden of sport-related and tennis elbow injuries among the population is increasing in the region due to the increasing number of sports events and competitions, especially in the United States. This is anticipated to increase the demand for various treatment options that helps in reducing pain as well as increase the rate of healing. For instance, as per the data published by GJEL, in June 2022, the five most dangerous sports that caused the highest number of injuries in 2021 are basketball with 2,823 injury cases, American football with 1,719, soccer with 1,289, baseball with 347 and boxing with 247 injury cases.
As per the same source, sprains and strains, which accounted for 37% of all basketball injuries, compared to 29% for soccer and 26% for American football, were found to be the most common injuries for the three most dangerous sports in the US. The ligament discomfort was cited as the primary injury in 23% of cases for basketball and soccer. Thus, the high number of sports injuries, sprains, and strain issues increase the risk of elbow dislocation or fractures. This is expected to increase the demand for medications and surgery, thereby bolstering the market growth.
Furthermore, as per a news published in September 2021, Korsh Jafarnia presented the results of its study at the American Academy of Orthopaedic Surgeons Annual Meeting, which showed that hyaluronic acid injection is effective in relieving pain and improving function in patients with chronic tennis elbow. Also, the patients who received hyaluronic acid injections experienced significant improvements in VAS pain scores, patient-rated tennis elbow evaluation, and QuickDASH scores. Thus, such studies are expected to increase the demand for medications for treating elbow injuries, thereby boosting market growth.
Thus, owing to the aforementioned factors, the studied market is expected to grow significantly during the forecast period.