Sciatica Market Size Estimated to Reach USD 9,200 million | We Market Research

Sciatica Market
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Sciatica Market Overview:

Sciatica Market size was valued at USD 6,000 million in 2021 and is projected to reach around USD 9,200 million in 2030 exhibiting a CAGR of 4.8% in the forecasted period. Sciatica is the term used to describe lower back discomfort, weakness, numbness, or tingling that radiates to the legs as a result of damage to or pressure on the sciatic nerve. Because more people are experiencing herniated disks or spinal bone development, sciatica is becoming more commonplace worldwide.

Sciatica usually affects one side of the body, though occasionally both sides may experience pain. Along with burning or tingling down the affected leg and persistent discomfort on one side of the back, other symptoms of sciatica include weakness or numbness in the affected leg. Sciatica can be brought on by spondylolisthesis, back or buttock spasms, spinal stenosis, piriformis syndrome, pelvic tumours, pregnancy, and other conditions.

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Market Trends:

Considering pathological diseases such nerve compression, disc herniation, disc prolapse, lower back muscle spasms, spinal stenosis, and loss of lumbar lordosis are more common, sciatica is more prevalent in the general population during the course of a lifetime. Because of this, there is a greater awareness of the condition’s clinical symptoms and related risk factors among the general public, which encourages the use of treatment.

Patients today know more about the treatment options for sciatica thanks to the increase in awareness programs offered by medical facilities and specialists for the management of clinical diseases linked to persistent lower back pain. The growth of the global sciatica treatment market has also been aided by the growing availability of disease treatment strategies such as non-opioid drugs and epidural steroid injections in healthcare settings.

Market Growth Factors:

Globally, the frequency of sciatica-related lower back pain is increasing. For those with sciatica, over-the-counter medications including NSAIDs and painkillers offer temporary relief. Furthermore, there aren’t many FDA-approved therapies available on the market for people with persistent sciatica pain.

As a result, a number of up-and-coming companies are now concentrating on the development of novel drugs with extended-release formulations and prolonged efficacy for the treatment of persistent forms of sciatica. As a result, the growing number of clinical trials aimed at creating cutting-edge drugs would quicken market expansion.

Furthermore, safe treatment methods with long-lasting results are needed to decrease the population’s healthcare and economical cost due to the increasing prevalence of lumbar radiculopathy. Consequently, the increasing availability of novel drugs tailored to treat sciatica will encourage patient acceptance of this course of treatment, thereby driving market expansion.

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Market Segmentation:

By Type

  • Acute Sciatica
  • Chronic Sciatica
  • Others

By Therapy

  • Non-Steroidal anti-inflammatory drug (NSAIDs)
  • Steroids
  • Antidepressants
  • Painkillers
  • Others

By Treatment

  • Medication
  • Surgery

By End User

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Others

Geographically Analysis of this Report:

Given the growing number of senior citizens and increased incidence of lower back pain in this region, North America is projected to hold a sizable market share in the worldwide sciatica market. In 2021, almost 39% of American adults reported having back discomfort at some point in the previous three months, according to a National Centre for Health Statistics research. Sciatica market growth is fuelled by an increase in orthopaedic treatments due to increased healthcare penetration in the US and Canada. A major factor driving the market’s expansion is the region’s developed countries’ high concentration of hospitals and competitive pay scales.

The North American region is expected to hold a significant share of the sciatica market over the estimated period, despite the fact that the United States is one of the most affected countries in the world due to higher numbers of patients suffering from the disease in North America than in other countries.

Top Leading Key Companies involve in this market are:

  1. Sorrento Therapeutics
  2. Eleme Therapeutics
  3. Scitex Holding
  4. Sinfonia Bio therapeutics
  5. Vita Science
  6. Neurotic
  7. Novartis AG
  8. AstraZeneca
  9. Sanofi
  10. Endo Pharmaceuticals
  11. Nidd Valley
  12. Other players

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