Lumbar Region / Low-Back Pain / Shockwave / VAS+ODI

This Circle helps physicians capture and monetize real-world data from their everyday delivery of Shockwave for Low Back Pain.

The Shockwave Market was valued at $1.34 Billion in 2023, and is estimated to grow to $2.4 Billion by 2030. 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 is one of the leading causes of disability worldwide, and it results in a significant economic burden. 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 Low Back Pain cases, outcomes and other case data.