Sciatica Treatment Market Set to Surge, Reaching $935.05 Mn by 2029
The Global Sciatica Treatment Market is poised for substantial growth, reaching a staggering USD 935.05 million by 2029, surging from USD 705.80 million in 2022, according to a recent market report. The market is projected to grow at a robust Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period.
Sciatica Treatment Market Report Scope and Research Methodology:
The report provides business statistics and analytical insights to help you understand the Sciatica Treatment market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications in plain language. The bottom-up approach was used to estimate the global and regional Sciatica Treatment market size. Both primary and secondary research methodologies were used to clearly present the Sciatica Treatment market structure.
In the secondary research method, data was collected from a selected set of sources. This method was used to gather information on Sciatica Treatment key players and current and past trends in the industry. The information gathered through secondary research was validated using the primary research method, in which Sciatica Treatment industry experts were interviewed.
The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Sciatica Treatment competitors’ product offerings. SWOT analysis was used to identify the strengths and weaknesses of the Sciatica Treatment market.
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Based on the Pharmacological Therapies, the non-steroidal anti-inflammatory drug (NSAID) segment held the largest revenue share of 39.47 % in 2022.
During the forecast period, the segment is anticipated to grow at a compound annual growth rate (CAGR) of 3.12% and sustain its dominance by 2029. NSAIDs are a well-liked sciatica treatment. They relieve inflammation and lower vasodilation by inhibiting the cyclooxygenase (COX)-1 and COX-2 enzymes. This mechanism makes NSAIDs a frequently prescribed treatment for sciatica pain. Since the best treatments for sciatica are painkillers and anti-inflammatory medications, the market is seeing lucrative opportunities as NSAID products are approved more frequently.
The North American region dominates the market.
United States leading due to a large patient population, high healthcare expenditure, and the presence of major market players.
Sciatica Treatment Market Key Players are:
1. Abbott Laboratories(United States) 2. Johnson and Johnson (United States) 3. Teva Pharmaceutical Industries Ltd. (Israel) 4. Aurobindo Pharma Ltd. (India) 5. Zydus Cadila(India) 6. Glenmark Pharmaceuticals Ltd. (India) 7. Amneal Pharmaceuticals LLC (United States) 8. Jubilant Life Sciences Ltd. (India) 9. Hikma Pharmaceuticals PLC. (United Kingdom) 10.Mylan N.V.(Netherlands) 11.Horizon Therapeutics Plc. (Ireland) 12.Sun Pharmaceutical Industries Ltd. (India) 13.Alkem Labs (India) 14.SCILEX Pharmaceuticals, Inc (United States) 15.Seikagaku Corporation (Japan) 16.Kolon Life Science, Inc. (South Korea) 17.Teijin Limited (Japan) 18.SpineThera, Inc. (United States)
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Key Questions answered in the Sciatica Treatment Market Report are:
- What is Sciatica Treatment?
- What will be the CAGR of the Sciatica Treatment market during the forecast period?
- What trends are expected to generate additional revenue for the Sciatica Treatment market?
- What are the opportunities for the Sciatica Treatment Market?
- What factors are driving the Sciatica Treatment market growth?
- Which company held the largest share in the Sciatica Treatment market?
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