Chronic Lower Back Pain Treatment Market Size, Share, Price, Growth, Report, Forecast 2023-2031
According to the report by Expert Market Research (EMR), the global chronic lower back pain treatment market growth, reached a value of USD 7.9 billion in 2022. Aided by the growing global population suffering from chronic lower back pain and the surge in advanced treatments, the market is projected to further grow at a CAGR of 4.90% between 2023 and 2031 to reach a value of USD 12.38 billion by 2031.
Chronic lower back pain is a prolonged, persistent condition impacting the lumbar region of the spine. The condition’s treatment spans a broad array of methods including physiotherapy, medication, surgery, and lifestyle modifications. These treatments aim to reduce pain, restore function, and prevent future recurrences. Apart from its direct impact on physical health, chronic lower back pain often leads to psychological distress, underscoring the importance of effective treatments.
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The rise in the global population suffering from chronic lower back pain is a key driver propelling the chronic lower back pain treatment market growth. With sedentary lifestyles, obesity, and aging populations contributing to the prevalence of chronic lower back pain, there’s been an increased demand for effective treatments. Moreover, occupational hazards in jobs demanding physical exertion or long hours of sitting also contribute to the high incidence of this condition.
The broadening array of chronic lower back pain treatments also significantly contributes to the chronic lower back pain treatment market expansion. In the pharmaceutical sector, a range of drugs from nonsteroidal anti-inflammatory drugs (NSAIDs) to opioids are used to manage pain. The emergence of novel drug therapies with fewer side effects and better efficacy further propels the market.
The healthcare industry’s advancements in surgical interventions and the increased availability of minimally invasive procedures have revolutionised chronic lower back pain treatment. These procedures, offering faster recovery times and less postoperative discomfort, are increasingly popular among patients and physicians alike.
Furthermore, the rising awareness about the importance of lifestyle modifications in managing chronic lower back pain boosts the chronic lower back pain treatment market. Increasing recognition of the benefits of regular exercise, proper ergonomics, and maintaining a healthy weight contributes to this sector’s growth.
In addition, the increasing investments in research and development activities to discover novel treatment options further spur market expansion. With ongoing trials exploring innovative drug therapies and improved surgical techniques, the future of the chronic lower back pain treatment market appears promising.
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Chronic Lower Back Pain Treatment Market Segmentation
The market can be divided based on pain type, diagnosis, treatment channel, and region.
Market Breakup by Pain Type
- Discogenic Pain
- Lumbar Spinal Stenosis
- Sacroiliac Pain
- Facet- Joint Pain
- Radicular Pain
- Muscular Pain
- Others
Market Breakup by Diagnosis
- Clinical History
- Physical Examination
- Imaging Guidelines
- Others
Market Breakup by Treatment Channel
- Public
- Private
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global chronic lower back pain treatment companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Johnson & Johnson
- Pfizer Inc.
- Sanofi S.A.
- Merck & Co., Inc.
- Medtronic plc
- Endo International plc
- Boston Scientific Corporation
- Koninklijke Philips N.V.
- Karl Storz SE & Co. KG
- Stryker Corporation
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