The increasing prevalence of chronic diseases and women's health issues is giving rise to more complications and challenges that impact people's lives every day. Chronic diseases like migraines and fibromyalgia bring forth various issues such as persistent body aches, disturbed sleep patterns, and emotional distress, making life more challenging for those affected. This surge in chronic conditions is directly contributing to the growth of the global acupuncture market. Studies published in the Drug and Alcohol Dependence journal highlight that an overwhelming number of adults in the United States, numbering over 100 million, grapple with chronic pain, illustrating the vast impact of these conditions on society.
Additionally, the escalation in women's health issues has become a significant driving force behind the demand for acupuncture therapy. Gynecological disorders, including premenstrual syndrome (PMS), menstrual irregularities, Polycystic Ovary Syndrome (PCOS), pregnancy-related complaints, menopausal symptoms, and infertility challenges, are becoming more prevalent. These conditions profoundly affect the quality of life for women across different age groups.
For instance, findings from the University of Maryland Medical Center indicate that roughly one in every ten women aged 15 to 44 faces difficulties in conceiving or sustaining a pregnancy. Furthermore, the Centers for Disease Control & Prevention (CDC) report that PCOS, a common cause of female infertility, affects approximately 6 to 12% of women in the reproductive age group annually in the United States. The impact of these conditions on the lives of women underscores the necessity for effective treatment options that address their unique health needs.
The favorable outcomes and numerous benefits associated with acupuncture treatments for chronic pain and various gynecological disorders are driving its increasing adoption in Western countries. This acceptance is leading to a surge in the utilization of acupuncture as an alternative or complementary therapeutic approach for managing these complex health issues. This rise in popularity is attributed to the effectiveness of acupuncture in alleviating pain and discomfort, reducing stress levels, and promoting overall well-being, all of which are crucial in managing chronic conditions and women's health concerns.
Acupuncture's holistic approach and its emphasis on balancing the body's energy flow are resonating with more individuals seeking natural and non-invasive remedies for their health problems. The growing body of research supporting the efficacy of acupuncture and the shift toward more holistic and integrative healthcare practices are further propelling its integration into mainstream medical care.
As awareness about the potential benefits of acupuncture grows and more patients seek alternative therapies to manage chronic pain and gynecological issues, the global acupuncture market is poised for substantial growth. The ongoing evolution of acupuncture from a traditional Chinese medicinal practice to a recognized and sought-after therapeutic modality in modern healthcare settings is expected to continue fueling its expansion across diverse demographic segments and geographies.
Figure 1 Global Sciatica Market by Drug Treatment, 2016 (%)
The global sciatica market has been segmented on the basis of types, drug treatment, devices and end user.
Based on the types, the sciatica market has been segmented as L4 nerve root sciatica, L5 nerve root sciatica, S1 nerve root sciatica and others.
Based on the drugs, the market has been segmented as anesthetics, pain killers, muscle relaxants, antidepressants, steroids and others.
Based on the non-drug treatment, the market has been segmented as physiotherapy, acupuncture, stimulation devices, surgery and others.
Based on the end user, the market has been segmented as hospitals and clinics, research and academics and others.
The Americas accounts for a significant sciatica market share owing to high expenditure on the healthcare especially of the U.S. and Canada. Additionally, greater number of orthopedic procedures due to greater healthcare penetration in the U.S. and Canada drives the sciatica market. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of surgical procedures especially the sciatica treatment in the returns of hospitals favors the market. A large number of medical devices companies in the U.S. is also a cause for the faster development of sciatica market in the US.
Europe is the second largest market in the world due to the growing medical devices industry and healthcare penetration. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period due to its large medical devices industry.
Asia Pacific region is expected to grow rapidly where China and India are likely to lead the market due to faster growing healthcare sector and larger unmet needs over the forecast period. The South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of healthcare industry in the Asia Pacific region is expected to drive the future sciatica market in the region.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle Eastern nations to watch out for are Kuwait, Jordan, Egypt and Iran. The African region is expected to witness a poor growth owing to poor economic and political conditions, and poor healthcare development. Other regions are expected to be laggards due to poor social development and tribal identities such as sub Saharan Africa.
Some of the key players profiled in the report are
Sources: Mayo Clinic, Healthline Media, MRFR Analysis
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