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Sciatica Market Rise With Magnifying Growth Rate | Forecast By 2023

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Depp Gaikwad

Market Highlights

Sciatica is pain going down the leg from the lower back due to irritation of the lumbar or sacral nerves triggered by activities such as heavy lifting, jerky movements etc. Sciatica symptoms generally occur on one side of the body although in some cases it affects both sides. The symptoms include weakness or numbness in the affected leg, burning or tingling down the affected leg, and constant pain on one side of the rear. The causes of sciatica are spondylolisthesis, lumbar degenerative disc disease, osteophytes and arthritis of the spine, muscle spasm in the back or buttock, spinal stenosis, piriformis syndrome, pelvic tumours, pregnancy and others. However spinal disc herniation is the primary cause of sciatica in about 90% of the cases.

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Sciatica generally resolves on its own in about 90% of the cases. However severe sciatica may require surgical intervention if complications such as bowel or bladder problems occur. Sciatica affects 40% of people at some point in their life time and is most common during people's 40s and 50s, with men being more affected than women.

The market drivers for global sciatica diagnosis market are rise in demand due to growing population, increasing screening, rising cases of geriatrics, rising safety and success of drug treatment, the extricating nature of the pain and others. The market restraints are the complications of surgery such as risk of bleeding, infections, pain, high cost of sciatica treatment, and others. 

The market drivers for global market are rise in demand due to growing population and greater number of procedures performed, increasing screening, greater consumption of starch rich diets and fast foods, greater emphasis on restorative dental procedures, rising efficacy, efficiency and success rate of treatment, and others. The market restraints are the complications such as risk of bleeding, infections, pain, high cost of treatment, loss of the tooth due to damaged and weak enamel, risk of developing abscess due to incomplete removal of infected material or if the antibiotics aren’t effective and others.

Product development represents the best strategy for the market growth. The market is expected to witness exponential growth over the review period owing to technological advancement in medical devices such as transcutaneous electrical nerve stimulation. Market development is another strategy for as there is a large unmet need in the developing regions such as India and China. Cost of the product will be a decisive factor in the developing regions such as Asia Pacific and especially Africa.

Global Sciatica Market Players

Some of the key players profiled in the report are Endo Pharmaceuticals, AstraZeneca, Novartis AG, Teva Pharmaceutical Industries, Neurotech, Nidd Valley Medical, Omega Laser Systems Ltd., Omron Healthcare, Inc., Sanofi and others.

Regional Analysis

The Americas accounts for a significant market share owing to high expenditure on the healthcare especially of the U.S. and Canada. Additionally, the greater number of orthopedic procedures due to greater healthcare penetration in the U.S. and Canada drives the market. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of surgical procedures especially the sciatica treatment in the returns of hospitals favors the market. The large number of medical devices companies in the U.S. is also a cause for the faster development of the market in the US.

Europe is the second largest market in the world due to growing medical devices industry and healthcare penetration. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period due to its large medical devices industry.

Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to fast growing healthcare sector and large unmet needs over the forecast period. The South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of healthcare industry in the Asia Pacific region is expected to drive the future market in the region.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt and Iran. The African region is expected to witness a poor growth owing to poor economic and political conditions, and poor healthcare development. Other regions are expected to be laggards due to poor social development and tribal identities such as sub Saharan Africa.

FOR MORE DETAILS –  https://www.marketresearchfuture.com/reports/sciatica-market-4767

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