Back Pain Therapy Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-2025
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REPORT DESCRIPTION Back Pain Therapy Market – Overview Back pain is mainly caused due to muscular strains, strained ligaments, and muscular spasms in any region of the back. Chronic diseases such as herniated discs, arthritis, and osteoporosis can lead to back pain. Depending on the severity of the symptoms, back pain can be categorized- into acute and chronic back pain. Acute pain is most common type of back pain, which can be treated by medication. According to study published by Centre for Disea0se Control and Prevention (CDC) in 2012, around 20.3% of population was suffering from lower back pain in U.S. Moreover, according to study published by American Chronic Association in 2010, around 80% of population is projected to experience back pain once in a life. Therefore, increasing prevalence of back pain is expected to propel demand for back pain treatment, which in turn is expected to drive growth of global back pain therapy market over the forecast period. Furthermore, increasing ageing population is also expected to drive growth of the market, as chances of back pain increases with the age. According to study published by National Centre for Biotechnology Information (NCBI) in 2015, around 19.6% of individuals aged between 20 to 60 years were suffering from low back pain worldwide. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) 2016, around 547 million people were above 60 years in Asia Pacific region and number is projected to reach around 1.3 billion by 2050. Increasing geriatric population in key regions such as North America, Europe, and Asia Pacific is expected to drive growth of the global back pain therapy market. Š Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Back Pain Therapy Market Taxonomy: By Drug Type: ●
Non-steroidal anti-inflammatory drugs
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Analgesic
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Muscle relaxants
By Indication: ●
Herniated disc
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Arthritis
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Osteoporosis
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Fibromyalgia
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REPORT DESCRIPTION Back Pain Therapy Market: Key Players ●
Celebrex, H.J.
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Harkins Company, Inc.
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Pfizer, Inc.
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Cipla Ltd.
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Apotex Inc.
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Purdue Pharma L.P.
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Johnson & Johnson.
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Lupin Ltd.
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Teva Pharmaceutical Industries Ltd.
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