Cervical Region / Neck-Pain / Shockwave / VAS+NDI
This Circle helps physicians capture and monetize real-world data from their everyday delivery of Shockwave for Neck Pain.
The Shockwave Market was valued at $1.34 Billion in 2023, and is estimated to grow to $2.4 Billion by 2030. Neck Pain is among the top 10 causes of disability worldwide. Neck Pain affects 15% to 20% of adults at any given time, making it one of the most frequent musculoskeletal complaints. The prevalence of Neck Pain tends to increase with age, with the highest rates found in individuals aged 30 to 50 years. However, Neck Pain can also affect younger people, especially those who engage in sedentary activities. With global life expectancy increasing, manufacturers will increase spending to obtain regulatory approvals for marketing shockwave products. Increasingly, that spend will be focused on licensing real-world safety and efficacy data from their everyday customers.
This Circle helps physicians obtain and aggregate those high quality real-world data those companies are looking for. Participation is minimally burdensome, and members will receive recurring license fees once obtained and in accordance with their contribution of Neck Pain cases, outcomes and other case data.
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