Product Code: ETC13193301 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Steroid Injections Market was valued at USD 4.4 Billion in 2024 and is expected to reach USD 6.2 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).
The Global Steroid Injections Market is experiencing significant growth driven by factors such as the increasing prevalence of musculoskeletal disorders, rising demand for minimally invasive procedures, and expanding applications in the treatment of various inflammatory conditions. The market is characterized by a wide range of products, including corticosteroids and anabolic steroids, which are administered via intra-articular, intramuscular, or intravenous routes. North America holds a significant share in the market due to the high incidence of orthopedic conditions and well-established healthcare infrastructure. However, the Asia-Pacific region is expected to witness rapid growth attributed to the increasing geriatric population and rising healthcare expenditure. Key players in the Global Steroid Injections Market include Pfizer Inc., Allergan plc, Novartis AG, and Merck & Co., Inc., among others.
The Global Steroid Injections Market is witnessing significant growth due to the rising prevalence of musculoskeletal disorders, such as arthritis and sports injuries. The increasing adoption of minimally invasive procedures and the growing aging population are also driving market expansion. Moreover, advancements in technology and the development of innovative formulations for steroid injections are creating new opportunities for market players. Additionally, the surge in demand for effective pain management solutions and the expanding applications of steroid injections in various medical conditions are further fueling market growth. With the increasing focus on healthcare infrastructure and the rise in awareness about the benefits of steroid injections, the market is expected to continue its upward trajectory, presenting lucrative opportunities for stakeholders in the coming years.
The Global Steroid Injections Market faces several challenges, including regulatory hurdles related to the approval and marketing of steroid injections, potential side effects and safety concerns associated with long-term use, and increasing competition from alternative treatments such as physical therapy and non-steroidal anti-inflammatory drugs. Additionally, the market is impacted by the availability of generic versions of steroid injections, pricing pressures, and the growing trend towards non-invasive treatment options. Market fragmentation and the presence of counterfeit products also pose challenges in maintaining quality standards and ensuring patient safety. Overall, navigating these challenges requires ongoing research and development efforts, adherence to regulatory requirements, and strategic marketing initiatives to differentiate products and expand market share.
The Global Steroid Injections Market is primarily driven by the increasing prevalence of musculoskeletal disorders such as arthritis and tendinitis, leading to a growing demand for effective pain management solutions. Additionally, the rising geriatric population worldwide, coupled with the growing trend of sports injuries among athletes, is fueling the need for steroid injections as a quick and efficient treatment option. Moreover, advancements in healthcare infrastructure and the availability of minimally invasive procedures are further boosting market growth. Furthermore, the expanding applications of steroid injections in dermatology and aesthetic procedures are contributing to the market expansion. Overall, the market is expected to continue to grow as healthcare providers increasingly adopt steroid injections as a viable treatment option for a wide range of medical conditions.
Government policies related to the Global Steroid Injections Market primarily focus on regulating the manufacturing, distribution, and marketing of steroid injections to ensure patient safety and efficacy. These policies typically involve stringent approval processes by regulatory bodies such as the FDA in the US or the EMA in Europe, which assess the quality, safety, and effectiveness of steroid injections before they can be marketed and sold to healthcare providers. Additionally, there may be guidelines in place regarding the appropriate use of steroid injections, including dosage recommendations and indications for specific conditions. Governments also monitor and enforce compliance with these regulations to prevent misuse or adverse effects associated with steroid injections, ultimately aiming to safeguard public health and promote responsible healthcare practices within the market.
The Global Steroid Injections Market is expected to witness steady growth in the coming years due to the rising prevalence of musculoskeletal disorders such as arthritis, tendinitis, and bursitis. The increasing geriatric population, coupled with the growing trend of sedentary lifestyles leading to various orthopedic conditions, will drive the demand for steroid injections as a minimally invasive treatment option. Technological advancements in injection techniques and the development of new formulations with improved efficacy and safety profiles will further fuel market growth. Additionally, the expanding applications of steroid injections in dermatology, respiratory diseases, and autoimmune disorders are anticipated to contribute to market expansion. However, stringent regulatory requirements and the potential side effects associated with long-term steroid use may pose challenges to market growth in the forecast period.
In the global steroid injections market, North America holds the largest market share due to the high prevalence of musculoskeletal disorders, well-established healthcare infrastructure, and increasing adoption of advanced treatment options. Europe follows closely behind, driven by rising geriatric population and increasing cases of sports injuries. Asia Pacific is expected to witness the fastest growth rate, attributed to the improving healthcare facilities, increasing disposable income, and rising awareness about the benefits of steroid injections. The Middle East and Africa region is also showing significant growth potential as the healthcare sector continues to develop and investments in medical infrastructure increase. Latin America is experiencing moderate growth, driven by the increasing prevalence of chronic diseases and expanding healthcare services in the region.
Global Steroid Injections Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Steroid Injections Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Steroid Injections Market Revenues & Volume, 2021 & 2031F |
3.3 Global Steroid Injections Market - Industry Life Cycle |
3.4 Global Steroid Injections Market - Porter's Five Forces |
3.5 Global Steroid Injections Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Steroid Injections Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Steroid Injections Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.8 Global Steroid Injections Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Steroid Injections Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Steroid Injections Market Trends |
6 Global Steroid Injections Market, 2021 - 2031 |
6.1 Global Steroid Injections Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Steroid Injections Market, Revenues & Volume, By Triamcinolone, 2021 - 2031 |
6.1.3 Global Steroid Injections Market, Revenues & Volume, By Prednisolone, 2021 - 2031 |
6.1.4 Global Steroid Injections Market, Revenues & Volume, By Methylprednisolone, 2021 - 2031 |
6.1.5 Global Steroid Injections Market, Revenues & Volume, By Prednisone, 2021 - 2031 |
6.1.6 Global Steroid Injections Market, Revenues & Volume, By Dexamethasone, 2021 - 2031 |
6.2 Global Steroid Injections Market, Revenues & Volume, By Route of Administration, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Steroid Injections Market, Revenues & Volume, By Intra-Articular, 2021 - 2031 |
6.2.3 Global Steroid Injections Market, Revenues & Volume, By Intramuscular, 2021 - 2031 |
6.2.4 Global Steroid Injections Market, Revenues & Volume, By Intravenous, 2021 - 2031 |
6.2.5 Global Steroid Injections Market, Revenues & Volume, By Epidural, 2021 - 2031 |
6.3 Global Steroid Injections Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Steroid Injections Market, Revenues & Volume, By Hospital Pharmacy, 2021 - 2031 |
6.3.3 Global Steroid Injections Market, Revenues & Volume, By Specialty Clinics, 2021 - 2031 |
6.3.4 Global Steroid Injections Market, Revenues & Volume, By Retail Pharmacy and Drug Stores, 2021 - 2031 |
6.3.5 Global Steroid Injections Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Steroid Injections Market, Overview & Analysis |
7.1 North America Steroid Injections Market Revenues & Volume, 2021 - 2031 |
7.2 North America Steroid Injections Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Steroid Injections Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Steroid Injections Market, Revenues & Volume, By Route of Administration, 2021 - 2031 |
7.5 North America Steroid Injections Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Steroid Injections Market, Overview & Analysis |
8.1 Latin America (LATAM) Steroid Injections Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Steroid Injections Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Steroid Injections Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Steroid Injections Market, Revenues & Volume, By Route of Administration, 2021 - 2031 |
8.5 Latin America (LATAM) Steroid Injections Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Steroid Injections Market, Overview & Analysis |
9.1 Asia Steroid Injections Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Steroid Injections Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Steroid Injections Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Steroid Injections Market, Revenues & Volume, By Route of Administration, 2021 - 2031 |
9.5 Asia Steroid Injections Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Steroid Injections Market, Overview & Analysis |
10.1 Africa Steroid Injections Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Steroid Injections Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Steroid Injections Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Steroid Injections Market, Revenues & Volume, By Route of Administration, 2021 - 2031 |
10.5 Africa Steroid Injections Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Steroid Injections Market, Overview & Analysis |
11.1 Europe Steroid Injections Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Steroid Injections Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Steroid Injections Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Steroid Injections Market, Revenues & Volume, By Route of Administration, 2021 - 2031 |
11.5 Europe Steroid Injections Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Steroid Injections Market, Overview & Analysis |
12.1 Middle East Steroid Injections Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Steroid Injections Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Steroid Injections Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Steroid Injections Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Steroid Injections Market, Revenues & Volume, By Route of Administration, 2021 - 2031 |
12.5 Middle East Steroid Injections Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Steroid Injections Market Key Performance Indicators |
14 Global Steroid Injections Market - Export/Import By Countries Assessment |
15 Global Steroid Injections Market - Opportunity Assessment |
15.1 Global Steroid Injections Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Steroid Injections Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Steroid Injections Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
15.4 Global Steroid Injections Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Steroid Injections Market - Competitive Landscape |
16.1 Global Steroid Injections Market Revenue Share, By Companies, 2024 |
16.2 Global Steroid Injections Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |