(EMAILWIRE.COM, June 29, 2023 ) As per Maximize Market research, the total global “Chronic Lower Back Pain Market” was USD 8.81 Bn in 2022 and is expected to grow at a CAGR of 5.39 percent over the forecast period to reach USD 13.42 Bn by 2029.

Chronic Lower Back Pain Market Report Scope and Research Methodology

The Chronic Lower Back Pain Market analysis holds key aspects to follow the in-depth study of market sizing and competitive analysis of the industry. It covered market strategies and key competitors. Some factors that showed improvement in the market such as revenue generation, product capacity, product market value, and demand.

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Chronic Lower Back Pain Market Dynamics

The global shift towards an aging population significantly drives the chronic lower back pain market. Public education campaigns and improved access to information have empowered patients to seek appropriate medical care, positively influencing the market. These factors are driving the chronic lower back pain market.

Chronic Lower Back Pain Market Regional Insights

The North American market, particularly the United States, dominates the chronic lower back pain market due to the high prevalence of the condition and robust healthcare expenditure. Europe is another prominent market for chronic lower back pain management.

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Chronic Lower Back Pain Market Segmentation

By Pain Points
Facet-Joint Pain
Discogenic Pain
Lumbar Spinal Stenosis
Sacroiliac pain

By Type
Clinical history
Physical examination
Imaging Guidelines

By Distribution Channels
Retail Pharmacies
Online Pharmacies

Chronic Lower Back Pain Market’s Key Competitors include

Pfizer, Inc.
Endo Pharmaceuticals
Johnson & Johnson
Abbott Laboratories
AbbVie, Inc.

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Maximize Market Research is leading Healthcare research firm, has also published the following reports:

Pain Management Therapeutics Market- The market size is expected to reach USD 98.69 Billion by 2029 at a CAGR of 3.8 percent during the forecast period.

Pain Management Devices Market- The market size is expected to reach USD 13.32 billion by 2029 at a CAGR of 9.6 percent during the forecast period.

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