Industry Background:
Sciatica is the name given to pain caused by irritation of the sciatic nerve, anything which irritates this nerve can cause mild to severe pain. Sciatica is usually caused by a compressed nerve in the lower spine.This nerve is the longest and widest nerve in the human body. It runs from the lower back, through the buttocks, and down the legs, ending just below the knee. People who suffer from acute or chronic back pain tend to be more susceptible to Sciatica. The Global Sciatica Treatment market is anticipated to grow at a rapid pace due to rising in safety and success of drug treatment, surge in Geriatrics cases, high growth rate of screening, increase in population, and excruciating pain. Sciatica is triggered by activities like heavy lifting and jerky movements. Over the Counter Medications such as Acetaminophen (Tylenol) and Non-steroidal Anti-Inflammatory Drugs like ibuprofen (Motrin) and Naproxen (Aleve) are being used for the Sciatica Treatment.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Endo Pharmaceuticals Inc. (United States), AstraZeneca (United Kingdom), Novartis AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), Johnson & Johnson Services, Inc.(United States), Omega Laser Systems Ltd.(Netherlands), Pfizer Inc. (United States) and Sanofi (France) |
CAGR | 5.82% |
According to AMA, the market for Sciatica Treatment is expected to register a CAGR of 5.82% during the forecast period to 2027. This growth is primarily driven by Growing Prevalence of Disease Like Sciatica among Patients, Increasing Geriatric Population in the Past Few Years, Extra Pressure on Spine Due to Other Health Conditions and Rising Awareness about Sciatica Treatment.
Globally, a noticeable market trend is evident Development of Injections to treat Sciatica i.e. Clonidine Micropellet Epidural Injections. The Health Care Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Endo Pharmaceuticals Inc. (United States), AstraZeneca (United Kingdom), Novartis AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), Johnson & Johnson Services, Inc.(United States), Omega Laser Systems Ltd.(Netherlands), Pfizer Inc. (United States) and Sanofi (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In November 2018, Sollis Therapeutics announced RePRIEVE-CM , Phase 3 trial for a new option is being tested for the treatment i.e. is a micro-pellet based injection which is injected near the inflamed nerve in the spine.It contains a medicine called Clonidine that’s slowly released as the pellet dissolves over time.It reduces the transmission of pain signals from the nerve to the brain. Clonidine is blood pressure medicine that’s being tested for a new use to reduce Sciatic pain.
Market Drivers
- Growing Prevalence of Disease Like Sciatica among Patients
- Increasing Geriatric Population in the Past Few Years
- Extra Pressure on Spine Due to Other Health Conditions
- Rising Awareness about Sciatica Treatment
Market Trend
- Development of Injections to treat Sciatica i.e. Clonidine Micropellet Epidural Injections
Restraints
- High Cost of Treatment
- Complications in Sciatic Surgery such as Risk of Bleeding, Infections etc.
Opportunities
Development of Medications with Micropellet Technology
Challenges
Surgery for the Treatment appears Less Effective in Patients Suffering Chronic Sciatica.
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Sciatica Treatment Study Sheds Light on
The Sciatica Treatment Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Sciatica Treatment industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Sciatica Treatment industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.