According to a new report published by Allied Market Research, titled, โSciatica Treatment Market: Global Opportunity Analysis and Industry Forecast, 2021-2030โ Sciatica is a lower back pain that occurs in the sciatic nerve and runs down through one or both the legs. Although it affects only one leg, there might be incidents where in both the feet are affected severely. The diseases occurs when a bone spur present on the spine compresses a nerve. This results is stiffness and pain around the area. The most common symptom associated with sciatica is a mild to severe pain that occurs right from lower back to the buttock. Additionally, the patient might feel a burning sensation which can sometimes feel like a jolt. Other risk factors involved include age, obesity, and occupation, and diabetes.
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COVID-19 Impact Analysis
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness a significant growth in the future, owing to the demand for vaccine and treatment drugs for COVID-19. This, in turn, is expected to have a significant impact on the global sciatica treatment market.
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North America is anticipated to gain dominance in the sciatica treatment market owing to rising cases of sciatica across the region coupled with growing demand for advanced therapeutic medications.
In January 2018, Semnur Pharmaceuticals Inc. started phase III clinical trials for evaluation of SP=-102 as a potent medication against sciatica. It is basically a non-opioid cortisteroid for quick, efficient treatment of lumbar radicular pain.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ:
- This study presents the analytical depiction of the sciatica treatment industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the sciatica treatment market share.
- The current market is quantitatively analyzed from 2020 to 2030 to highlight the sciatica treatment growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.
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Key Market Players
- Sorrento Therapeutics, Inc.
- Neurotech
- Nidd Valley Medical Limited
- Teva Pharmaceutical Industries Ltd.
- Aurobindo Pharma
- Zydus
- Cadila
- Glenmark Pharmaceuticals Ltd.
- Amneal Pharmaceuticals LLC.
- Vintage Labs
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