Lumbar Region / Low-Back Pain / Class IV Laser / VAS+ODI
This Circle helps physicians capture and monetize real-world data from their everyday delivery of Laser for Low Back Pain.
The Laser Therapy market is valued at 5.22 Billion in 2024, and is estimated to grow to over 11 billion by 2032. Around 60% to 80% of people will experience Low Back Pain at some point in their lives. Low Back Pain is more common in adults aged 30 to 50, with the prevalence rising in older age groups due to degenerative changes in the spine. Low Back Pain of adult men and women is treated area for Laser Therapy. Manufacturers will thus increasingly spend on obtaining and maintaining regulatory approvals for marketing those products for Low Back Pain. Increasingly, that spending 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 Low Back Pain cases, outcomes and other case data.
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