Chronic Low Back Pain Market 2018: Growth at CAGR Of of 5.1% insights profiling - Stayble Therapeutics AB, Mesoblast INC, Axsome Therapeutics, INC, Norman Interventional Pain Management, Adynxx, INC.

Low back pain can be standardized into two categories, acute and chronic. Pain for less than three months can be classified as acute, while continued pain for more than three months is classified as chronic. When it comes to acute low back pain, most people get better with treatment at home. While, chronic low back pain (CLBP) is more complex and has been associated with neurochemical, structural, and functional cortical changes of several brain regions including the somatosensory cortex. Complex processes of peripheral and central sensitization may influence the evolution of acute to chronic pain.

The Global Chronic Low Back Pain Market, which was esteemed at US$ 5.89 billion in 2016, is relied upon to achieve an estimation of US$ 9.19 billion by 2025, developing at a CAGR of 5.1% amid the forecast time frame of 2017-2025.

The report thoroughly analyzes the most significant details of the Global Chronic Low Back Pain Market with the help of a thorough and specialized analysis. Defined in a ground-up manner, the report presents an extensive overview of the market based on the factors that are anticipated to have a considerable and measurable impact on the market’s developmental situations over the forecast period.

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Major Key Players in this report are: Stayble Therapeutics AB, Mesoblast INC, Axsome Therapeutics, INC, Norman Interventional Pain Management, Adynxx, INC.

The demand for Chronic Low Back Pain services is anticipated to be driven by ageing military equipment globally, technological innovations in the industry, internal and external security threats, territorial disputes and innovative initiatives undertaken by armed forces across the world. One of the major challenges being faced by the global market is balancing the ever increasing weight of the armored vehicles with the need for increased protection.
Moreover, manufacturers are also facing a problem of achieving high mobility for heavily protected vehicles. To conflict this problem, the US Army is investing in technologies to develop composite armors that are lighter than the all-metal equivalent, occupying a larger volume for the same resistance to penetration. However, these are currently expensive and governments are looking for ways to develop this material affordably

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The Global Chronic Low Back Pain Market is enhanced by factors such as:

• Sedentary lifestyle.
• Increasing nerve problems.
• Increasing use of emerging antidepressants.

Radiographic assessments for diagnosing the cause of the pain or discomfort in lower back involve the use of X-rays. An MRI scan is generally considered to be the single best imaging study of the spine to help plan treatment for back pain. The X-Ray segment, among other diagnosis segments, is anticipated as the leading segment, closely trailed by MRI.
The analgesic medications segment is expected to lead the global market, followed by Nonsteroidal Anti-Inflammatory Drugs (NSAIDS) during the forecast period. The multidisciplinary pain rehabilitation treatment incorporating analgesic medication withdrawal is associated with significant clinical improvements in physical and emotional functioning, regardless of lumbar spine surgical history.

The spinal fusion surgery segment is estimated to account for the leading share of the global market over the study period. Furthermore, it is expected that spinal fusion surgery will cure patients with chronic low back pain and this is partly responsible for an exponential increase in rates of spinal fusion around the world.

On the basis of end user segmentation, the hospitals held a dominant share in the previous years and are anticipated to attain growth at the fastest CAGR throughout the forecast period. Furthermore, the growing aging population, with an associated rise in the incidence of chronic low back pain, have also led to an increased demand for the global market.

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Table of Contents

Global Chronic Low Back Pain Market Research Report 2018

Chapter 1 Global Chronic Low Back Pain Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Chronic Low Back Pain Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis

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