Sciatica Treatment Market by Type (Acute Sciatica, Chronic Sciatica and Others), Drug class (Non-steroidal anti-inflammatory drugs, Steroids, Antidepressants and Others), Distribution channel (Hospital pharmacies, Retail and specialty pharmacies and Online Providers) and Geography (North America, Europe, Asia Pacific and RoW) - Forecast up to 2023 - 2028
The Sciatica Treatment Market is expected to be around US$ 8000 Million by 2028 at a CAGR 4.6%.
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Major Players
Study period:
Fastest Growing Market:
2023 - 2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
4
REPORT DESCRIPTION
Sciatica is a state where pain causes, which travels along the path of the sciatic nerve and leads to pain in the back, buttocks, and legs. The pain commonly begins in the lower spine, and goes through the hip and buttock and down the back of the leg to the foot. Symptoms of sciatica specifically are the lower back pain, or tingling, numbness, or weakness in the leg. Even though sciatica pain can be extreme, most people find their symptoms increase with time. The incidence of sciatica is surging because of several factors such as obesity, inactive lifestyle, aging population, and injuries. As the prevalence of the condition increases, there is a corresponding rise in the demand for sciatica treatment options. Thus, the rise in the prevalence significantly driving the sciatica treatment market growth. On the other hand, the possible side effects of the treatment of sciatica may hamper the market growth.
The Sciatica Treatment Market is expected to be around US$ 8000 Million by 2028 at a CAGR 4.6%.
The Sciatica Treatment Market has been segmented as below:
Sciatica Treatment Market based on Type
Sciatica Treatment Market based on Drug class
Sciatica Treatment Market based on Distribution channel
Sciatica Treatment Market based on Geography
On the basis of type, the market is furcated into Acute Sciatica, Chronic Sciatica and Others. Compared to other types, the chronic sciatica segment is projected to have the major share in the market. This is because of rise in incidence of chronic sciatica, combined with transformations in human lifestyle and rise in cases of spine tumor and herniated disc.
Further in the market for drug class, the market is segmented as Non-steroidal anti-inflammatory drugs, Steroids, Antidepressants and Others. The Non-steroidal anti-inflammatory drugs type segment is having the largest share in the market growth. The affordable cost and easy availability of non-steroidal anti-inflammatory drugs as over the counter drug is the key reason for segment growth. Moreover, the non-steroidal anti-inflammatory drugs are regularly prescribed by the healthcare provider for people with acute sciatica.
The market based on Distribution channel is divided into Hospital pharmacies, Retail and specialty pharmacies and Online Providers. In this segmentation the Retail and specialty pharmacies segment to hold the significant share in the market. This is because of its large chain of distribution networks, innovative marketing strategies, and offer better financial & debt management to the patients.
Among North America, Europe, Asia Pacific and rest of the world the North America region has the major share in the market on the basis of geography. The major share is ascribed to the presence of number of key players in the nation and advancement in manufacturing technology.
One of the key drivers in the global market growth is that there is a surging awareness regarding sciatica among patients, healthcare professionals, and the general public. This has resulted in a rise in the number of patients looking for diagnosis and treatment for the condition, eventually propelling the growth of the global sciatica treatment market.
Key players operating in the market include Zydus Lifesciences Limited, Sorrento Therapeutics, Inc, Amneal Pharmaceuticals LLC, Abbott Laboratories, Teva Pharmaceutical Industries Limited, Aurobindo Pharma, Alkem Laboratories Ltd, Johnson and Johnson, Sun Pharmaceutical Industries Ltd., and Sinfonia Biotherapeutics.
Therefore, the sciatica treatment market is projected to continue to augment in the coming years owing to these drivers, among others. The rising prevalence of the condition and the rising demand for non-invasive treatments are projected to be the key drivers of market growth.
1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Type : Market Size & Analysis
5.1. Overview
5.2. Acute sciatica
5.3. Chronic sciatica
5.4. Others
6. Drug class: Market Size & Analysis
6.1. Overview
6.2. Non-steroidal anti-inflammatory drugs
6.3. Steroids
6.4. Antidepressants
6.5. Others
7. Distribution channel: Market Size & Analysis
7.1. Overview
7.2. Hospital pharmacies
7.3. Retail and specialty pharmacies
7.4. Online providers
8. Geography: Market Size & Analysis
8.1. Overview
8.2. North America
8.3. Europe
8.4. Asia Pacific
8.5. Rest of the World
9. Competitive Landscape
9.1. Competitor Comparison Analysis
9.2. Market Developments
9.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
9.2.2. Product Launches and execution
10. Vendor Profiles
10.1. Zydus Lifesciences Limited
10.1.1. Overview
10.1.2. Financial Overview
10.1.3. Product Offerings
10.1.4. Developments
10.1.5. Business Strategy
10.2. Sorrento Therapeutics, Inc
10.2.1. Overview
10.2.2. Financial Overview
10.2.3. Product Offerings
10.2.4. Developments
10.2.5. Business Strategy
10.3. Amneal Pharmaceuticals LLC
10.3.1. Overview
10.3.2. Financial Overview
10.3.3. Product Offerings
10.3.4. Developments
10.3.5. Business Strategy
10.4. Abbott Laboratories
10.4.1. Overview
10.4.2. Financial Overview
10.4.3. Product Offerings
10.4.4. Developments
10.4.5. Business Strategy
10.5. Teva Pharmaceutical Industries Limited
10.5.1. Overview
10.5.2. Financial Overview
10.5.3. Product Offerings
10.5.4. Developments
10.5.5. Business Strategy
10.6. Aurobindo Pharma
10.6.1. Overview
10.6.2. Financial Overview
10.6.3. Product Offerings
10.6.4. Developments
10.6.5. Business Strategy
10.7. Alkem Laboratories Ltd
10.7.1. Overview
10.7.2. Financial Overview
10.7.3. Product Offerings
10.7.4. Developments
10.7.5. Business Strategy
10.8. Johnson and Johnson
10.8.1. Overview
10.8.2. Financial Overview
10.8.3. Product Offerings
10.8.4. Developments
10.8.5. Business Strategy
10.9. Sun Pharmaceutical Industries Ltd.
10.9.1. Overview
10.9.2. Financial Overview
10.9.3. Product Offerings
10.9.4. Developments
10.9.5. Business Strategy
10.10. Sinfonia Biotherapeutics
10.10.1. Overview
10.10.2. Financial Overview
10.10.3. Product Offerings
10.10.4. Developments
10.10.5. Business Strategy
11. Analyst Opinion
12. Annexure
12.1. Report Scope
12.2. Market Definitions
12.3. Research Methodology
12.3.1. Data Collation and In-house Estimation
12.3.2. Market Triangulation
12.3.3. Forecasting
12.4. Report Assumptions
12.5. Declarations
12.6. Stakeholders
12.7. Abbreviations
The Sciatica Treatment Market has been segmented as below:
Sciatica Treatment Market based on Type
Sciatica Treatment Market based on Drug class
Sciatica Treatment Market based on Distribution channel
Sciatica Treatment Market based on Geography
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