Press release
Chronic Lower Back Pain Market to Reach USD 13.42 Bn by 2029, emerging at a CAGR of 5.39 percent and forecast 2023-2029
Chronic Lower Back Pain Market
This market report delves into the remarkable drivers fueling the Chronic Lower Back Pain Market's growth, providing a comprehensive outlook on the market's regional landscape and future prospects.
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Chronic Lower Back Pain Market Research Methodology:
The report presents a well-rounded analysis of the Chronic Lower Back Pain Market, underpinned by a rigorous research methodology that combines primary and secondary data sources. It encompasses both qualitative and quantitative data, enabling a comprehensive understanding of market dynamics.
What are Chronic Lower Back Pain Market Dynamics:
Chronic Lower Back Pain is on the rise, driven by sedentary lifestyles that compromise lower back health. Chronic Lower Back Pain, lasting more than three months, necessitates effective treatment. The market's remarkable growth is attributed to technological advancements, an increase in technological usage, and an aging population opting for treatments like cortisone injections, medication, and chiropractic manipulation.
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What is Chronic Lower Back Pain Market Segmentation:
by Pain Points
1. Facet-Joint Pain
2. Discogenic Pain
3. Lumbar Spinal Stenosis
4. Sacroiliac pain
by Type
1. Clinical history
2. Physical examination
3. Imaging Guidelines
by Distribution Channels
1. Retail Pharmacies
2. Online Pharmacies
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Who are Chronic Lower Back Pain Market Key Players:
1. Pfizer, Inc. (USA)
2. Endo Pharmaceuticals (USA)
3. Johnson & Johnson (USA)
4. Abbott Laboratories (USA)
5. AbbVie, Inc. (USA)
6. Bristol-Myers Squibb (USA)
7. Mylan N.V. (USA)
8. Biogen Inc.(USA)
9. Gilead Sciences, Inc. (USA)
10. Eli Lilly and Company (USA)
11. Merck & Co., Inc. (USA)
12. Purdue Pharma (USA)
13. Mallinckrodt Pharmaceuticals (USA)
14. Boehringer Ingelheim International GmbH (Germany)
15. Bayer AG (Germany)
16. Sanofi (France)
17. AstraZeneca (UK)
18. GlaxoSmithKline (UK)
19. Allergan (Ireland)
20. Medtronic (Ireland)
21. Novartis International AG (Switzerland)
22. F. Hoffmann-La Roche Ltd (Switzerland)
23. Teva Pharmaceutical Industries Ltd. (Israel)
24. Takeda Pharmaceutical Co. Ltd. (Japan)
25. Daiichi Sankyo (Japan)
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Table of content for the Chronic Lower Back Pain Market includes:
Chronic Lower Back Pain Market : Research Methodology
Chronic Lower Back Pain Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Chronic Lower Back Pain Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Chronic Lower Back Pain Market Regional Insights:
North America: North America takes the lead in the Chronic Lower Back Pain Market, fueled by technological innovations and a significant population aged over 30. The United States is a prominent player, with rising instances of chronic lower back pain due to factors like obesity, sedentary lifestyles, and an aging population. The same challenges are experienced in neighboring Canada, where a multi-disciplinary approach combining physiotherapists, chiropractors, and orthoptists is a predominant treatment strategy.
Asia Pacific: The Chronic Lower Back Pain Market is booming in the Asia Pacific region due to its extensive potential, substantial population, and substantial investments. High awareness programs and increasing demand have contributed to this market's flourishing. Countries like China, India, and Japan are significant contributors to the market's growth.
Europe: While the prevalence of chronic lower back pain in Europe is relatively low compared to some regions, it remains a vital market due to factors such as a sedentary lifestyle and an aging population, where the average age exceeds 40. This demographic profile contributes to a higher occurrence of chronic lower back pain, with Spain being one of the most prominent markets in Europe.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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