U.S. Degenerative Disc Disease Treatment Market is witnessing headwinds as the caseload for lower back pain rises
Overview
There are several types of treatment for degenerative disc disease. Nonsurgical approaches include physical therapy or a spinal injection. Homeopathic remedies may reduce the patient’s pain in the meantime. Surgical procedures such as lumbar fusion or spinal fusion may be necessary if the patient’s pain is severe. Surgery is often recommended for people suffering from degenerative disc disease. This type of treatment helps reduce the pressure on the spine by strengthening the muscles that support it. This will help relieve your pain both in the immediate term and in the long run. Patients who choose this treatment can expect to recover quicker and with less pain than those who opt for nonsurgical treatments.
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Competitive Landscape
Major companies contributing to the U.S. degenerative disc disease treatment market include Geistlich Pharma AG, Eli Lilly and Company, FibroGenesis, Isto Biologics, Biosplice Therapeutics, Inc., CO.DON, Pfizer, Inc., Cerapedics, Inc., Notogen Inc., R3 Stem Cell, NC Biomatrix BV, Kunovus, DiscGenics Inc., Kolon TissueGene Inc., Creative Medical Technology Holdings, Inc., Mesoblast, Lineage Cell Therapeutics, Inc., Bone Therapeutics SA, Johnson & Johnson, Intralink-Spine, Inc., Ferring Pharmaceuticals, and Harbor View Medical Services.
Drivers
Increasing incidences of lower back and neck pain in the adult population are expected to foster growth in the U.S. degenerative disc disease treatment market throughout the forecast period.
In addition to this, an increasing number of chiropractic procedures in combination with the intake of NSAIDS (non-steroidal anti-inflammatory drugs) is expected to boost the growth of the U.S. degenerative disc disease treatment market over the forecast period.
𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞!
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐭𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏
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The Epitome of the COVID-19 Debacle
The U.S. degenerative disc disease treatment market experienced a steep fall in demand due to the prevalence of the COVID-19 pandemic. The crisis-driven social distancing measures instigated the patients as well as the surgeons to switch to virtual consultations in lieu of in-person meetings at ambulatory care centers. On the brighter side, the market is performing well at current levels considering the progressive vaccination drives.
Key Takeaways
- The S. degenerative disc disease treatment market is anticipated to grow at a CAGR of 5.9 % during the forecast period owing to increasing research and development activities and an expanding biotechnology sector. For instance, in November 2021, the U.S. Food and Drug Administration (FDA) approved Theradaptive’s Osteo-Adapt SP Spinal Fusion to treat spondylolisthesis and degenerative disc disease in the U.S.
- On a related note, the growing trend of regenerative implants across the healthcare sector amidst a rising number of clinical trials is creating new growth avenues for the S. degenerative disc disease treatment market.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Treatment
- Market Snapshot, By Disease Indication
- Market Snapshot, By Distribution Channel
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Pipeline Analysis
- Regulatory Scenario
- PEST Analysis
- Patient Journey
- Epidemiology
- Patient Funnel
- Patient Treatment Journey and Patient Share, By Treatment Type
- Patient Share By Product Type In Overall Diagnosed Population
- DDD Patient Numbers, By Pfirrmann Grade
- Product Launch/Approvals
- Acquisition, Collaboration & Agreements
- Key Developments
- Therapeutic Landscape
- Future Therapeutic Landscape
- Market Dynamics
- U.S. Degenerative Disc Disease Treatment Market – Impact of Coronavirus (COVID-19) Pandemic
- Impact of Covid-19 on Supply and Demand of Degenerative Disc Disease Drugs
- Impact on R&D activities of Degenerative Disc Disease therapeutics
- U.S. Degenerative Disc Disease Treatment Market, By Treatment Type, 2017 – 2028, Million (Number of Patient)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018– 2028
- Segment Trends
- Epidural Steroid Injections
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Narcotics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Morphine
- Methadone Hydrochloride
- Codeine
- Hydrocodone
- Tramodol
- Oxycodone
- Others
- Orthobiologics (Includes Biomolecular/Gene Therapy, Cell-based Therapy, and Tissue-engineered Products)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Phase I
- Phase II
- Phase III
- Introduction
- U.S. Degenerative Disc Disease Treatment Market, By Disease Indication, 2017 – 2028, Million (Number of Patient)
- Overview
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Early Stage
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Mid Stage
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Late Stage
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Overview
- U.S. Degenerative Disc Disease Treatment Market, By Distribution Channel, 2017 – 2028, Million (Number of Patient)
- Overview
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Hospital Pharmacies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Retail Pharmacies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Online Pharmacies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2028, Million (Number of Patient)
- Overview
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