Press release
Paresthesia Treatment Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
The global paresthesia treatment market is anticipated to grow at a CAGR of 3.6% during the forecast period (2023-2030). Treatment for paresthesia can include medications such as anticonvulsants, tricyclic antidepressants, and pain relievers; neuromodulation devices, that deliver electrical impulses to the nerves; physical therapy and rehabilitation programs; orthopedic devices such as braces, splints, and orthotic insoles; and lifestyle and dietary modifications to address any nutritional deficiencies. The market's growth is attributed to increasing rate of diabetes across the globe. Furthermore, the market for treatments for paresthesia is significantly influenced by the rising incidence of diabetes throughout the globe. As previously indicated, a significant portion of individuals with diabetes can acquire neuropathy at some point in their lives that raises the need for efficient therapies.For instance, in October 2023, Boston Scientific Corp., received FDA (Food and Drug Administration) approval for an expanded indication of the WaveWriter Alpha Spinal Cord Stimulator ("SCS") Systems. That can influence the body's lower extremities. Diabetic neuropathy is a type of nerve damage throughout the body, often impacting the nerves in the legs and feet. Over time, elevated levels of glucose in the blood can damage these nerves, leading to sensations of pain and numbness in the legs, feet and hands. The Center for Disease Control and Prevention (CDC) reports that 37.3 million Americans, or 11.3% of the US population, live with diabetes, and it is estimated that 50.0% of adults with diabetes will experience neuropathy during their lifetime.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Type
By Treatment
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes Bio-Medical Research Ltd., Boston Scientific Corp., Cipla Ltd., EnteroMedics Inc., Forbes Media LLC, and others.
Paresthesia Treatment Market Report Segment
By Type
Chronic Paresthesia
Acute Paresthesia
By Treatment
Immunosuppressant
Anticonvulsants
Topical Creams
Antivirals
Others (Physical Therapy, and Vitamin Deficiencies)
By Distribution Channel
Online Retailers
Hospitals and Healthcare Facilities
Retail Pharmacy
Others (Government Procurement, and Specialized Clinics and Pain Management Centers)
A full Report of Paresthesia Treatment Market is Available @ https://www.omrglobal.com/industry-reports/paresthesia-treatment-market
Paresthesia Treatment Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Bio-Medical Research Ltd.
Boston Scientific Corp.
Cipla Ltd.
EnteroMedics Inc.
Forbes Media LLC
GlaxoSmithKline
Glenmark Pharmaceuticals Ltd.
Medtronic Pvt Ltd.
Merck & Co., Inc.
Neurospine Institute
Nevro Corp. ?
OMRON Healthcare, Inc.
Pfizer Inc.
Stryker Corp.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/paresthesia-treatment-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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