Degenerative Disc Disease Treatment Market to Reach $46.2 Billion Globally by 2032 at 5.5% CAGR: Allied Market Research
PORTLAND, IL, UNITED STATES, March 12, 2025 /EINPresswire.com/ -- According to the report, the global degenerative disc disease treatment market generated $28 billion in 2022, and is anticipated to generate $46.2 billion by 2032, rising at a CAGR of 5.5% from 2023 to 2032.
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The increasing prevalence of degenerative disc disease (DDD) among the aging population, growing awareness about spine health and available treatment options, and the innovations in imaging technology & surgical tools are the factors expected to drive the growth of the global degenerative disc disease treatment market in the forecast period from 2023 to 2032. However, the increasing availability of various alternative treatment and pain management methods for degenerative disc disease may restrict market growth in the coming future. Contrarily, technological innovations in medical technology, such as robotics, 3D printing, and advanced imaging techniques is expected to offer remunerative opportunities for the degenerative disc disease treatment market expansion during the forecast period.
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Drugs: NSAIDs (Non-Steroidal Anti-Inflammatory Drugs) Sub-segment to be the Most Dominant by 2032
The NSAIDs (non-steroid anti-inflammatory drugs) sub-segment accounted for the largest global degenerative disc disease treatment market share of 35.1% in 2022 and is expected to hold major share and rise at a CAGR of 6.2% during the forecast period. NSAIDs' effectiveness in reducing pain, inflammation, and fever, their over-the-counter availability, and their ability to address multiple symptoms simultaneously drive their widespread use for various conditions like arthritis and minor ailments, which is driving the sub-segment's growth. In addition, NSAIDs are a popular choice for self-medication.
Treatment Type: Physical Therapy Sub-segment to Flourish Immensely During the Forecast Period
The physical therapy sub-segment held the largest market share of 30.6% in 2022 and is predicted to grow at the highest CAGR of 6.5% during the forecast period. This dominant growth can be attributed to physical therapy's non-invasive nature, its proven effectiveness in reducing pain and improving mobility, and its use of therapeutic exercises and modalities like ultrasound and electrical stimulation make it a preferred treatment for degenerative disc disease. This approach appeals to both patients and healthcare providers seeking conservative management options.
Route of Administration: Oral Sub-segment to Witness Dominant Growth by 2032
The oral control sub-segment accounted for the largest global degenerative disc disease treatment market share of 65.5% in 2022 and is expected to be most dominant by growing at the highest CAGR of 6.0% during the forecast period. This is mainly because oral medications for degenerative disc disease, such as NSAIDs, muscle relaxants, and analgesics, offer convenience and ease of administration, making them preferred by patients and healthcare providers. Their availability over-the-counter or with a prescription ensures accessibility in hospitals, clinics, and pharmacies, providing flexibility in managing the condition.
End Use: Hospitals Sub-segment to Thrive Significantly During the Forecast Period
The hospitals sub-segment held the largest market share of 45.5% in 2022 and is predicted to grow at the highest CAGR of 6.2% during the forecast period. This is mainly because specialized departments in hospitals dedicated to orthopedics, neurology, or spine care, equipped with advanced diagnostic tools and treatment modalities enable comprehensive care for patients with complex spinal conditions. This infrastructure drives hospitals to become preferred destinations for specialized treatment of degenerative disc disease.
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Region: North America Market to Hold Major Share by 2032
The North America degenerative disc disease treatment market accounted for the largest share of 34.1% in 2022 and is predicted to continue to hold major share by 2032. This is mainly due to the advancements in medical technology, rising healthcare expenditure, and increased patient awareness. Besides, the increasing prevalence of degenerative disc disease (DDD) attributed to aging populations and sedentary lifestyles is another factor driving the regional market growth.
Leading Players in the Degenerative Disc Disease Treatment Market:
Eli Lilly and Company
Spine BioPharma
Novartis AG
FibroGenesis
Ferring B.V.
Pfizer Inc.
AstraZeneca Plc
Medtronic plc
DiscGenics, Inc.
Braun Melsungen AG
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Request Sample of the Report on Degenerative Disc Disease Market Forecast 2032- https://www.alliedmarketresearch.com/request-sample/A269439
The increasing prevalence of degenerative disc disease (DDD) among the aging population, growing awareness about spine health and available treatment options, and the innovations in imaging technology & surgical tools are the factors expected to drive the growth of the global degenerative disc disease treatment market in the forecast period from 2023 to 2032. However, the increasing availability of various alternative treatment and pain management methods for degenerative disc disease may restrict market growth in the coming future. Contrarily, technological innovations in medical technology, such as robotics, 3D printing, and advanced imaging techniques is expected to offer remunerative opportunities for the degenerative disc disease treatment market expansion during the forecast period.
Connect to our Analyst- https://www.alliedmarketresearch.com/connect-to-analyst/A269439
Drugs: NSAIDs (Non-Steroidal Anti-Inflammatory Drugs) Sub-segment to be the Most Dominant by 2032
The NSAIDs (non-steroid anti-inflammatory drugs) sub-segment accounted for the largest global degenerative disc disease treatment market share of 35.1% in 2022 and is expected to hold major share and rise at a CAGR of 6.2% during the forecast period. NSAIDs' effectiveness in reducing pain, inflammation, and fever, their over-the-counter availability, and their ability to address multiple symptoms simultaneously drive their widespread use for various conditions like arthritis and minor ailments, which is driving the sub-segment's growth. In addition, NSAIDs are a popular choice for self-medication.
Treatment Type: Physical Therapy Sub-segment to Flourish Immensely During the Forecast Period
The physical therapy sub-segment held the largest market share of 30.6% in 2022 and is predicted to grow at the highest CAGR of 6.5% during the forecast period. This dominant growth can be attributed to physical therapy's non-invasive nature, its proven effectiveness in reducing pain and improving mobility, and its use of therapeutic exercises and modalities like ultrasound and electrical stimulation make it a preferred treatment for degenerative disc disease. This approach appeals to both patients and healthcare providers seeking conservative management options.
Route of Administration: Oral Sub-segment to Witness Dominant Growth by 2032
The oral control sub-segment accounted for the largest global degenerative disc disease treatment market share of 65.5% in 2022 and is expected to be most dominant by growing at the highest CAGR of 6.0% during the forecast period. This is mainly because oral medications for degenerative disc disease, such as NSAIDs, muscle relaxants, and analgesics, offer convenience and ease of administration, making them preferred by patients and healthcare providers. Their availability over-the-counter or with a prescription ensures accessibility in hospitals, clinics, and pharmacies, providing flexibility in managing the condition.
End Use: Hospitals Sub-segment to Thrive Significantly During the Forecast Period
The hospitals sub-segment held the largest market share of 45.5% in 2022 and is predicted to grow at the highest CAGR of 6.2% during the forecast period. This is mainly because specialized departments in hospitals dedicated to orthopedics, neurology, or spine care, equipped with advanced diagnostic tools and treatment modalities enable comprehensive care for patients with complex spinal conditions. This infrastructure drives hospitals to become preferred destinations for specialized treatment of degenerative disc disease.
For Purchase Enquiry- https://www.alliedmarketresearch.com/purchase-enquiry/A269439
Region: North America Market to Hold Major Share by 2032
The North America degenerative disc disease treatment market accounted for the largest share of 34.1% in 2022 and is predicted to continue to hold major share by 2032. This is mainly due to the advancements in medical technology, rising healthcare expenditure, and increased patient awareness. Besides, the increasing prevalence of degenerative disc disease (DDD) attributed to aging populations and sedentary lifestyles is another factor driving the regional market growth.
Leading Players in the Degenerative Disc Disease Treatment Market:
Eli Lilly and Company
Spine BioPharma
Novartis AG
FibroGenesis
Ferring B.V.
Pfizer Inc.
AstraZeneca Plc
Medtronic plc
DiscGenics, Inc.
Braun Melsungen AG
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+15038946022 ext.
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