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North America Mini And Midi Horizontal Directional Drilling Market Size, Share & Trends Analysis Report By Machine Type, By Application, By Machine Size, By Parts Type, By Tooling, By End Use, By Region, And Segment Forecast, 2025 - 2030

Publisher Grand View Research
Published Nov 06, 2024
Length 110 Pages
SKU # GV19410054

Description

North America Mini And Midi Horizontal Directional Drilling Market Size, Share & Trends Analysis Report By Machine Type, By Application, By Machine Size, By Parts Type, By Tooling, By End Use, By Region, And Segment Forecast, 2025 - 2030


Osteoarthritis Therapeutics Market Growth & Trends

The global osteoarthritis therapeutics market size is expected to reach USD 13.57 billion by 2030, registering a CAGR of 6.89% from 2025 to 2030, according to a new report by Grand View Research, Inc. The osteoarthritis therapeutics market is on the rise, driven by an increase in OA cases, especially among the aging population. In the U.S. alone, there are over 32.5 million OA patients, highlighting the demand for effective treatments. Ongoing research and development efforts are focused on creating new therapies, with a particular emphasis on understanding the disease and developing solutions to address its challenges.

Managing OA proves difficult owing to its dense tissue structure, but the introduction of novel drugs such as intra-articular drug administration has accelerated the development of targeted drug delivery. Researchers are actively exploring disease-modifying drugs and bioadaptive carriers to enhance the development of innovative osteoarthritis treatments. Market players are taking initiatives to contribute to market expansion, as seen with OrthoTrophix, Inc. presenting clinical data and a registration plan for TPX-100 for knee osteoarthritis at BIO 2022.

In addition, significant efforts are being made by key pharmaceutical companies and research institutes in realm of research and development, especially for disease-modifying osteoarthritis drugs. For instance, BioSenic's Phase 3 data presentation at the 2024 OARSI World Congress showcased the efficacy of JTA-004 in treating severe inflammatory knee osteoarthritis. The post hoc analysis concluded that JTA-004 is both safe and effective, offering targeted pain management for this specific subtype of condition. These advancements in targeted drug delivery and disease-modifying drugs, as demonstrated by presentations and positive trial results, are contributing to the expansion of the market for novel osteoarthritis treatments.

Moreover, the market for OA is experiencing significant growth owing to the introduction of personalized medications such as Bisphosphonates (anti-resorptive drugs) and Synvisc-ONE injection. In addition, pharmaceutical companies and research institutions are actively engaged in developing personalized treatments and cell-based therapies for OA. In December 2023, researchers at Columbia University made a breakthrough discovery of stem cells in adult mice capable of maintaining healthy cartilage in joints, with their decline contributing to OA development due to aging and injury.

Investing in this sector offers companies the opportunity to capitalize on evolving demands, thus gaining a competitive advantage. By leading innovative medication development, companies establish themselves as frontrunners, solidifying their position in the market. The advent of personalized OA medications and advancements in cell-based therapies are key drivers of market expansion, empowering companies to emerge as leaders in the field.

Osteoarthritis Therapeutics Market Report Highlights
  • Based on drug type, the viscosupplementation agents segment accounted for the largest share of 37.06% in 2024 and is expected to grow at the fastest CAGR over the forecast period due to their adoption and efficacy in managing OA symptoms.
  • Based on anatomy, the knee osteoarthritis (KOA) segment held a dominant share of 42.07% in 2024. KOA is one of the most common forms of chronic articular disease and OA worldwide and is characterized by high disability & morbidity rates.
  • Based on route of administration, the parenteral route segment held a dominant share in 2024 and is expected to grow at a CAGR of 7.57% over the forecast period due to its efficacy for certain therapies, better pharmacokinetics and pharmacodynamics, ease of administration, and higher projected growth rate.
  • Prescription drugs are poised to maintain dominance in the osteoarthritis therapeutics market' sales Channel segment in 2024.
  • Based on end-use, the hospital pharmacies segment held a dominant share in 2024, accounting for 47.50%.
  • North America osteoarthritis therapeutics market dominated the global industry and accounted for a 37.31% share in 2024. The North American market maintains its dominance due to several factors, including a high prevalence of obesity and supportive government policies.
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Table of Contents

110 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources
1.3.4. Third-Party Perspectives
1.3.5. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. North America Mini And Midi Horizontal Directional Drilling Market Variables, Trends & Scope
3.1. Parent Market Outlook
3.2. North America Mini And Midi Horizontal Directional Drilling Market - Value Chain Analysis
3.2.1. Manufacturing Trends
3.2.2. Sales Channel Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.4.1. Analyst Perspective
3.5. North America Mini And Midi Horizontal Directional Drilling Market - Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunity Analysis
3.5.4. Industry Challenges
3.5.5. Industry Analysis - Porter's
3.5.5.1. Threat from New Entrant
3.5.5.2. Bargaining Power of Buyers
3.5.5.3. Competitive Rivalry
3.5.5.4. Threat of Substitutes
3.5.5.5. Bargaining Power of Suppliers
3.5.5.6. Substitute Material Analysis
3.5.6. PESTEL Analysis by SWOT
3.5.6.1. Political Landscape
3.5.6.2. Environmental Landscape
3.5.6.3. Social Landscape
3.5.6.4. Technology Landscape
3.5.6.5. Economic Landscape
3.5.6.6. Legal Landscape
3.5.7. Market Disruption Analysis
Chapter 4. North America Mini And Midi Horizontal Directional Drilling Market: Machine Type Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Product Market Share Analysis, 2024 & 2030
4.3. Aerospace and Defense Materials Market Estimates & Forecast, By Machine Type, 2018 - 2030 (USD Million)
4.4. Utility Vibratory Plow
4.5. Utility Tractor
4.6. Pile Driver
4.7. Foundation Machines
4.8. Boring Machines
4.9. Others
Chapter 5. North America Mini And Midi Horizontal Directional Drilling Market: Application Estimates & Trend Analysis
5.1. Key Takeaways
5.2. Material Market Share Analysis, 2024 & 2030
5.3. Aerospace and Defense Materials Market Estimates & Forecast, By Application 2018 - 2030 (USD Million)
5.3.1. Onshore
5.3.2. Offshore
Chapter 6. North America Mini And Midi Horizontal Directional Drilling Market: Machine Size Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Application Market Share Analysis, 2024 & 2030
6.3. Aerospace and Defense Materials Market Estimates & Forecast, By Machine Size, 2018 - 2030 (USD Million)
6.4. Mini
6.5. Midi
Chapter 7. North America Mini And Midi Horizontal Directional Drilling Market: Parts Type Estimates & Trend Analysis
7.1. Key Takeaways
7.2. Technology Market Share Analysis, 2024 & 2030
7.3. Aerospace and Defense Materials Market Estimates & Forecast, By Technology, 2018 - 2030 (USD Million)
7.4. Rigs
7.5. Pipes
7.6. Bits
7.7. Reamers
Chapter 8. North America Mini And Midi Horizontal Directional Drilling Market: Tooling Estimates & Trend Analysis
8.1. Key Takeaways
8.2. Technology Market Share Analysis, 2024 & 2030
8.3. Aerospace and Defense Materials Market Estimates & Forecast, By Technology, 2018 - 2030 (USD Million)
8.4. Transition Rods
8.5. HDD Drill Rods
8.6. HDD Paddle Bits
8.7. HDD Drive Collars, Chucks, and Subs
8.8. HDD Swivels & Pulling Equipment
8.9. Others
Chapter 9. North America Mini And Midi Horizontal Directional Drilling Market: End Use Estimates & Trend Analysis
9.1. Key Takeaways
9.2. Technology Market Share Analysis, 2024 & 2030
9.3. Aerospace and Defense Materials Market Estimates & Forecast, By Technology, 2018 - 2030 (USD Million)
9.4. Oil & Gas Extraction
9.5. Utility
9.6. Telecommunication
9.7. Others
Chapter 10. North America Mini And Midi Horizontal Directional Drilling Market: Regional Estimates & Trend Analysis
10.1. North America Mini And Midi Horizontal Directional Drilling Market: Regional Outlook
10.2. U.S.
10.2.1. U.S. Mini And Midi Horizontal Directional Drilling market estimates and forecasts, 2018 - 2030(USD Million)
10.2.2. Canada
10.2.2.1. Canada Mini And Midi Horizontal Directional Drilling market estimates and forecasts, 2018 - 2030 (USD Million)
10.2.3. Mexico
10.2.3.1. Mexico Mini And Midi Horizontal Directional Drilling market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 11. Competitive Landscape
11.1. Recent developments & impact analysis, by key market participants
11.2. Vendor Landscape
11.3. Competition Categorization
11.4. Strategy Mapping
11.5. Company Listing
11.5.1. Barbco, Inc.
11.5.1.1. Company overview
11.5.1.2. Financial performance
11.5.1.3. Material benchmarking
11.5.1.4. Strategic initiatives
11.5.2. Creighton Rock Drill Ltd
11.5.2.1. Company overview
11.5.2.2. Financial performance
11.5.2.3. Material benchmarking
11.5.2.4. Strategic initiatives
11.5.3. Direct Horizontal Drilling, Inc.
11.5.3.1. Company overview
11.5.3.2. Financial performance
11.5.3.3. Material benchmarking
11.5.3.4. Strategic initiatives
11.5.4. Ellingson Companies
11.5.4.1. Company overview
11.5.4.2. Financial performance
11.5.4.3. Material benchmarking
11.5.4.4. Strategic initiatives
11.5.5. Ferguson Michiana Inc.
11.5.5.1. Company overview
11.5.5.2. Financial performance
11.5.5.3. Material benchmarking
11.5.5.4. Strategic initiatives
11.5.6. Horizontal Technology, Inc.
11.5.6.1. Company overview
11.5.6.2. Financial performance
11.5.6.3. Material benchmarking
11.5.6.4. Strategic initiatives
11.5.7. Inrock Drilling Systems
11.5.7.1. Company overview
11.5.7.2. Financial performance
11.5.7.3. Material benchmarking
11.5.7.4. Strategic initiatives
11.5.8. Kondex Corporation U.S.A.
11.5.8.1. Company overview
11.5.8.2. Financial performance
11.5.8.3. Material benchmarking
11.5.8.4. Strategic initiatives
11.5.9. Laney Directional Drilling Co.
11.5.9.1. Company overview
11.5.9.2. Financial performance
11.5.9.3. Material benchmarking
11.5.9.4. Strategic initiatives
11.5.10. Mccloskey International
11.5.10.1. Company overview
11.5.10.2. Financial performance
11.5.10.3. Material benchmarking
11.5.10.4. Strategic initiatives
11.5.11. Indorama Ventures Public Company Limited
11.5.11.1. Company overview
11.5.11.2. Financial performance
11.5.11.3. Material benchmarking
11.5.11.4. Strategic initiatives
11.5.12. Mclaughlin Group
11.5.12.1. Company overview
11.5.12.2. Financial performance
11.5.12.3. Material benchmarking
11.5.12.4. Strategic initiatives
11.5.13. Midwest Underground Technology, Inc.
11.5.13.1. Company overview
11.5.13.2. Financial performance
11.5.13.3. Material benchmarking
11.5.13.4. Strategic initiatives
11.5.14. Prime Horizontal
11.5.14.1. Company overview
11.5.14.2. Financial performance
11.5.14.3. Material benchmarking
11.5.14.4. Strategic initiatives
11.5.15. The Charles Machines Works, Inc
11.5.15.1. Company overview
11.5.15.2. Financial performance
11.5.15.3. Material benchmarking
11.5.15.4. Strategic initiatives
11.5.16. The Toro Company
11.5.16.1. Company overview
11.5.16.2. Financial performance
11.5.16.3. Material benchmarking
11.5.16.4. Strategic initiatives
11.5.17. Vector Magnetics LLC
11.5.17.1. Company overview
11.5.17.2. Financial performance
11.5.17.3. Material benchmarking
11.5.17.4. Strategic initiatives
11.5.18. Vermeer Corporation
11.5.18.1. Company overview
11.5.18.2. Financial performance
11.5.18.3. Material benchmarking
11.5.18.4. Strategic initiatives
11.5.19. Vision Directional Drilling
11.5.19.1. Company overview
11.5.19.2. Financial performance
11.5.19.3. Material benchmarking
11.5.19.4. Strategic initiatives
11.5.20. Vmt Gmbh Gesellschaft Für Vermessungstechnik
11.5.20.1. Company overview
11.5.20.2. Financial performance
11.5.20.3. Material benchmarking
11.5.20.4. Strategic initiatives

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