The lower back pain market which was USD 8,812.01 million in 2021, would rocket up to USD 13421.46 million by 2029, and is expected to undergo a CAGR of 5.40% during the forecast period 2022 to 2029.
Lower Back Pain Market – Scope and Size
- The lower back pain market is segmented on the basis of disease type, type, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Acute low back pain can be treated for the underlying reason or the initial damage, but chronic low back pain must last for 12 weeks or more. Chronic low back pain is lower back discomfort that lasts longer than three months. This condition can be caused by an injury, illness, or stress on various body parts. The pain can vary greatly and manifest as bone pain, muscle pain, or nerve pain.
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Market Analysis and Insights - Lower Back Pain Market
- North America dominates the lower back pain market due to increased awareness over the availability of different treatment procedures.
- Asia-Pacific is anticipated to have a fastest growth rate in the forecast period of 2022 to 2029 due to the rapidly growing expenditure on healthcare facilities by government and increasing geriatric population.
- The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries.
Lower Back Pain Market Country Level Analysis
The countries covered in the lower back pain market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Lower Back Pain Market Share Analysis
The lower back pain market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to lower back pain market.
Key Players Lower Back Pain Market
- Pfizer Inc (U.S.)
- Johnson & Johnson Private Limited (U.S.)
- Sanofi (France)
- Endo Pharmaceuticals Inc. (Ireland)
- Merck & Co Inc. (U.S.)
- Dr. Reddy’s Laboratories Ltd. (India)
- Vertebral Technologies, Inc. (U.S.)
- Medtronic (Ireland)
- Boston Scientific Corporation (U.S.)
- BioWave Corporation
- Koninklijke Philips N.V. (Netherlands)
- Astellas Pharma Inc. (Japan)
- SpineThera Inc. (U.S.)
- CELGENE CORPORATION (U.S.)
- Teva Pharmaceutical Industries Ltd. (Israel)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Lower Back Pain Market by Product & Procedure type
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