Global Sciatica Treatment Market By Types (Acute Sciatica, Chronic Sciatica and Others), Therapy (Physical Therapy, Chiropractic Therapy), Treatment (Medication, Surgery), Drugs (Nonsteroidal Anti-Inflammatory Drugs, Oral steroids, Anticonvulsant Agents, Tricyclic Antidepressants, Opioid Analgesics and Others), Route of Administration (Oral, Injectable), End- Users (Hospitals, Homecare, Specialty Clinics and Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Analysis: Global Sciatica Treatment Market
Global sciatica treatment market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. Increase in demand of targeted mode of therapies and high unmet need of treatment are the key factors for growth of this market.
Market Definition: Global Sciatica Treatment Market
Sciatica is condition characterized by moderate to severe pain that radiates along the path of the sciatic nerve which travels from your lower back through your hips and buttocks and down each leg.It is occurs when herniated disk, bone spur on the spine or narrowing of the spine (spinal stenosis) compresses part of the nerve. People with sciatica often experience dull or sharp pain, difficulty in moving and numbness.
According to the source from Semnur Pharmaceuticals, Inc., It is estimated that up to 30 million people are living with low back and radicular pain in the United States. Presence of refined healthcare infrastructure and high demand of disease specific novel therapies are the key factors that fueling the market growth
- Huge financial support to the researchers for developing novel intervention is boosting the market growth
- High demand of disease specific novel treatment can also act as a market driver
- Emergence of drug used in the treatment of complications associated with sciatica is propelling the market growth
- High unmet need and emerging new market can drive the growth of this market
- Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
- Low healthcare budget in some developing countries is hamper the market growth
- Failure of clinical trials in their advanced stages may shortfall the market growth
Segmentation: Global Sciatica Treatment Market
- Acute Sciatica
- Chronic Sciatica
- Physical Therapy
- Chiropractic Therapy
- Nonsteroidal Anti-Inflammatory Drugs
- Oral steroids
- Anticonvulsant Agents
- Tricyclic Antidepressants
- Opioid Analgesics
By Route of Administration
By End Users
- Specialty Clinics
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
Key Developments in the Market:
- In January 2018, - Semnur Pharmaceuticals, Inc, a subsidiary of Sorrento Therapeutics, Inc has initiated pivotal phase III clinical trial in the United States to evaluate SP-102, a non-opioid corticosteroid in patients with lumbar radicular pain/sciatica. The SP-102 has also been granted Fast Track designation from the FDA for the treatment of lumbar radicular pain/sciatica. If approved, will change treatment paradigms and improve the millions of people suffering from sciatica.
Global sciatica treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global sciatica treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global sciatica treatment market are Sorrento Therapeutics, Inc, Neurotech, Nidd Valley Medical Limited, Teva Pharmaceutical Industries Ltd, Aurobindo Pharma, Zydus Cadila, Glenmark Pharmaceuticals Ltd, Amneal Pharmaceuticals LLC, Vintage Labs, Jubilant Life Sciences Ltd, Hikma Pharmaceuticals PLC, Mylan N.V., Horizon Therapeutics plc, Sun Pharmaceutical Industries Ltd, Amneal Pharmaceuticals LLC, Alkem Labs, Biogen and others
Research Methodology: Global Sciatica Treatment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global sciatica treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players