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Chronic Lower Back Pain Market (2023 To 2032) - Industry Analysis, Size, Share, Growth, Trends And Forecast
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Chronic Lower Back Pain Market Size, Growth Rate, And Forecast
The global chronic lower back pain market size is expected to grow from $6.94 billion in 2022 to $7.30 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global chronic lower back pain market size is expected to reach $8.79 billion in 2027 at a CAGR of 4.7%.
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Chronic Lower Back Pain Market Drivers
A growth in the geriatric population is expected to boost the growth of the chronic lower back pain market going forward. Geriatric population refer to a population of older people with 65 years and above. In the geriatric population, age-related neurodegenerative and musculoskeletal conditions such as arthritis and osteoarthritis progress rapidly, causing weakness and painful complaints that lead to chronic back pain and reduced physical activities.
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Chronic Lower Back Pain Market Segments
1) By Type of Pain: Diskogenic Pain, Lumbar Spinal Stenosis, Sacroiliac Pain, Facet-Joint Pain, Radicular Pain, Muscular Pain, Other Types Of Pain
2) By Diagnosis: Clinical History, Physical Examination, Imaging Guidelines, Assessment of Pain
3) By End-User: Hospitals, Orthopaedic Clinics, Ambulatory Surgery Centres, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Chronic Lower Back Pain market.
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Chronic Lower Back Pain Market Key Players
Major competitors in the Chronic Lower Back Pain market include Pfizer Inc., Johnson & Johnson Private Limited, Sanofi S.A., Endo Pharmaceuticals Plc., Merck Corporation
The Table Of Content For The Chronic Lower Back Pain Market Include:
1. Executive Summary
2. Chronic Lower Back Pain Market Characteristics
3. Chronic Lower Back Pain Market Trends And Strategies
4. Chronic Lower Back Pain Market - Macro Economic Scenario
5. Chronic Lower Back Pain Market Size And Growth
……
27. Chronic Lower Back Pain Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Chronic Lower Back Pain Market
29. Chronic Lower Back Pain Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Chronic Lower Back Pain Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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