Global Paresthesia Market­ Significant Trends and Factors Driving the Market Development Forecast to 2026

Global paresthesia market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the increasing prevalence of diabetes, cancer, and other chronic diseases, changing life style, development in the healthcare expenditure and the government support for the research & development for new and better treatment have fueled the market growth.

This paresthesia report analyzes the market status, growth rate, future trends, market drivers, opportunities, challenges, entry barriers, risks, sales channels, and distributors. Paresthesia market research report is formed with a nice combination of industry insight, smart solutions, practical solutions and newest technology to give better user experience. Businesses can obtain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product. Paresthesia market analysis report comprises of historic data, present market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry.

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The key market players in the global paresthesia market­ are AbbVie Inc, Johnson & Johnson Services, Inc, Takeda Pharmaceutical Company Limited, Baxter, Merck & Co., Inc, Novo Nordisk A/S, CELGENE CORPORATION, GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd, Eli Lilly and Company, Abbott Pfizer Inc, Novartis AG, Medtronic, Omron Healthcare, Inc, Boston Scientific Corporation, Stimwave LLC, Nevro Corp, Cyberonics, Inc, and others.

Key Developments in the Market:

In January 2018, Mayo Clinic is developing Fingolimod which is in the early phase l of clinical trial for the treatment of neuropathic pain, numbness and tingling sensation. Fingolimod is a immunomodulating agent which binds to S1P receptors and acts as a functional antagonist
In January 2018, Boston Scientific Corporation received the FDA approval for Spectra WaveWriter, spinal cord stimulator (SCS) system that delivers electrical pulses to the spinal cord. It is the only system approved by the FDA to provide paresthesia therapy to relieve from pain and sensation. This system allows patients and physicians to combine therapeutic options and customize therapy to provide successful treatment for chronic pain and sensation
Competitive Analysis:

Global paresthesia market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of paresthesia market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Segmentation: Global Paresthesia Market­

By Type

Acute Paresthesia
Chronic Paresthesia
By Treatment

Immunosuppressant
Anticonvulsants
Tropical Creams
Antivirals
Others
By Distribution Channel

Online Pharmacy
Direct Tenders
Retailers
Others
Route of Administration

Oral
Topical
Intravenous
Others
By End-Users

Hospitals
Homecare
Specialty Clinics
Others
By Geography

North America
Europe
Asia-Pacific
South America
Middle East & Africa

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