Sciatica Treatment Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

Page: 215 | Report Code: LS24021201 | Research Suite: Report (PDF) & Market Data (Excel)

NOTE: Due to exhaustive nature of content, full ToC can't be uploaded. Please request Sample Pages to receive full table of content. 

The global market value of the sciatica treatment market was valued at USD 14.6 billion in 2022, and a CAGR of 8.2% is expected during the forecast period. It includes various therapies such as medication, physical therapies, injections, and surgery in severe cases. Additionally, alternative therapies such as acupuncture and chiropractic care are also utilized. Advancements in technology and the use of non-anti-inflammatory medicines such as ibuprofen and heat or cold applied to sore muscles are driving the growth of the market significantly.

As sedentary lifestyles, obesity, and the aging population rise, the incidence of sciatica and related conditions increases, which boosts the demand for sciatica treatment. Advances in medical technology, such as minimally invasive procedures, nerve stimulation techniques, and innovative imaging modalities, improve treatment outcomes. Increasing awareness about health is the factor driving the demand for sciatica treatment and thus increasing revenue growth.


Impact of Covid-19

During the pandemic, many non-urgent medical appointments were cancelled, leading to the delay and diagnosis of sciatica treatment. This led to a temporary decline in procedural volumes and revenue for healthcare providers and medical device companies operating in the sciatica treatment market. To mitigate the risk of virus transmission, healthcare providers have increasingly adopted telemedicine solutions for consultations and follow-up appointments. Due to concerns about avoiding potential exposure to viruses in healthcare settings and a desire to avoid elective surgeries during the pandemic, there has been a growing interest in minimally invasive treatment. The pandemic disrupted global supply chains, causing shortages of medical supplies and devices necessary for sciatica treatment.

Growth Drivers

The post-pandemic accelerated research efforts in areas such as telemedicine, remote monitoring, and digital health technologies. It increased innovation, and technology led to the development of new and more effective treatment modalities for sciatica in the future. Collaborations between healthcare providers, pharmaceutical companies, and research institutions facilitated the development of innovative treatments and therapies for sciatica, driving market expansion. Favorable reimbursement policies for sciatica treatment by the government and private payers encourage patients to seek medical care and undergo necessary procedures, stimulating market growth significantly.

Increased awareness about sciatica symptoms, risk factors, and available treatment options among healthcare professionals and patients leads to early diagnosis and intervention, fueling market growth. With growing healthcare expenditures globally, patients have greater access to advanced diagnostic tools, and treatment options for sciatica are contributing to market expansion.

Segmentation

Type

·         Acute Sciatica

·         Chronic Sciatica

·         Others

By Drug Class

·         Non-Steroidal Anti-Inflammatory Drugs

·         Steroids

·         Anti-Depressants

·         Others

Distribution Channel

·         Online Pharmacy

·         Retail and Specialty Pharmacy

·         Online Providers

Regional Outlook

·         Asia Pacific

·         North America

·         Europe

·         Middle East and Africa

·         Latin America

Sciatica Treatment Market Type Segmentation

On the basis of the disease type, the sciatica treatment market is segmented into acute sciatica, chronic sciatica, and others. Due to increase in cases of spine tumor, and change in life-style is driving the demand for the treatment of chronic sciatica patients. Chronic sciatica is the leading segment, and is expected to dominate the market during the forecast period.


Sciatica Treatment Market Drug Type Segment

On the basis of the drug type, the sciatica treatment market is segmented into non-steroidal anti-inflammatory drugs, Steroids, Anti-depressants, and others. Non-Steroidal, and Anti-inflammatory drugs have dominated the market, and is expected to dominate the market during the forecast period. Low cost, and easy availability of these drugs at the counter is driving the growth in the market significantly. Frequent prescription by healthcare providers of this drug is driving the growth in the market.

Sciatica Treatment Market Distribution Channel Segment

On the basis of the distribution channel, the sciatica treatment market is segmented into online pharmacies, retail and specialty pharmacies, and online providers. Retail and specialty pharmacy, due to easy customer access, is the leading segment and is expected to lead the market during the forecast period. E-commerce is on the boom, and online pharmacy is expecting to witness significant growth during the forecast period.

Online providers are also considered a prominent component because they offer convenience and accessibility to individuals seeking relief from sciatica, providing a range of therapies, exercises, and consultations through digital platforms. It has gained popularity due to its wider audience and ability to accommodate busy lifestyles. It offers various resources, such as informational materials, video tutorials, and interactive tools, to support users in managing sciatica effectively from the comfort of their homes.

Regional Outlook

On the basis of the regions, the sciatica treatment market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America is the leading segment in the Sciatica treatment market and is expected to dominate the market during the forecast period significantly. The presence of major key players such as Amneal Pharmaceuticals, Pfizer Inc., Jansen, and Abbott in this region is driving the growth of the North American market significantly.

An increase in the incidence of sciatica and a change in lifestyle are driving the growth of the market. Growth in the geriatric population is driving the demand for sciatica treatment. Due to the large population and increasing awareness about health issues, the market is observing significant growth. The rising incidence of sedentary lifestyles and increasing awareness of minimally invasive treatment among key players in the region, including pharmaceutical companies in countries like China, India, South Korea, Taiwan, and Singapore, are driving the demand in the market significantly.

Europe is a prominent region in Sciatica treatment due to an increase in the geriatric population and advancements in medical technology. Physical therapy, medications, and injections are driving the growth of the market. Advanced treatment options, increasing the prevalence of physiotherapy in European countries like England, Russia, France, Greece, Turkey, and Sweden. Rising disposable income all over the world is driving the growth of the market. Patients suffering from chronic sciatica are responsible in the Latin America region for the significant growth of this market. Countries like Brazil and Argentina are witnessing moderate growth during the forecast period.


Key Players

·         Medtronic Plc

·         Stryker Corporation

·         Pfizer Inc

·         Abbott Laboratories

·         Johnson and Johnson

·         AstraZeneca Plc

·         Teva Pharmaceuticals industries ltd.

·         Endo International plc

·         Boston Scientific Corporation

·         Zimmer Biomet Holdings, Inc

·         Other Players

Buy Report