Back Pain Therapy Market Set to Expand Saliently at a Robust CAGR during the Forecast Period 2018-2026

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.

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Increasing prevalence of back pain among geriatric population is expected to boost growth of the global back pain therapy market

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.

Back Pain Therapy Market Key Players:-

Celebrex, H.J. Harkins Company, Inc., Pfizer, Inc., Cipla Ltd., Apotex Inc., Jubilant Generics Ltd, Purdue Pharma L.P., Johnson & Johnson, Lupin Ltd., and Teva Pharmaceutical Industries Ltd.

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Back pain therapy market taxonomy –

Back pain therapy market is segmented on the basis of drug type, indication, distribution channel, and geography.

By Drug type-

  • Non-steroidal anti-inflammatory drugs
  • Analgesic
  • Muscle relaxants
  • Opioids
  • Others

By Indication-

  • Herniated disc
  • Arthritis
  • Osteoporosis
  • Fibromyalgia
  • Chronic Back Pain
  • Others

By Distribution Channel-

  • Hospitals
  • Online Pharmacies
  • Retail Pharmacies

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