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.
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