Press release
Paresthesia Treatment Market to Reach USD 6.53 Bn by 2029, emerging at a CAGR of 3.6 percent and forecast 2023-2029
Paresthesia Treatment Market
Utilizing both primary and secondary research methods, this report collects qualitative and quantitative data. Primary research involves industry leaders, subject matter experts, and market players, while secondary research encompasses company reports, investor presentations, and regulatory filings. The analysis covers the period from 2021 to 2029, providing insights into market participants, regions, and key segments.
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What are Paresthesia Treatment Market Dynamics:
The increasing prevalence of neurological disorders such as multiple sclerosis, diabetic neuropathy, and carpal tunnel syndrome is driving the demand for the paresthesia treatment industry. The most common cause of paresthesia is carpal tunnel syndrome caused by the compressed or pinched median nerve. The aging population is more susceptible to developing paresthesia, as well as other neurological disorders, and is predicted to drive the market in the forecasted period. The development in medical devices such as TENS devices and Ultrasound is driving the growth of the paresthesia market by providing optimum results. The growing awareness about paresthesia and the availability of effective treatment options as well as the governments across the globe are investing in healthcare infrastructure and promoting awareness campaigns, which helps the market to grow further in the forecasted period. The US in 2019 reported 45.6 Mn. Adults with pain in the back, hip, and foot, limit their daily
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Paresthesia Treatment Market Regional Insights:
North America: Dominates due to a high prevalence of neurological disorders and advanced medical facilities.
Europe: Shows significant growth with increasing awareness and a well-established healthcare industry.
Asia-Pacific: Anticipated to witness the fastest growth, driven by a large patient population and rising awareness.
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What is Paresthesia Treatment Market Segmentation:
by Disease
1.Acute Paresthesia 2.Chronic Paresthesia
by Causes
1.Radiculopathy 2.Neuropathy
by Treatment Type
1.Medication1.1.Immunosuppressant 1.2.Anticonvulsants 1.3.Tropical Creams 1.4.Antivirals
2.Medical devices2.1.TENS unit 2.2.Ultrasound 2.3.Vibrating massagers 2.4.Acupuncture needles 2.5.Orthotic devices
by Distribution Channel
1.Clinics 2.Others
Who are Paresthesia Treatment Market Key Players:
1.Medtronic
2.Abbott Laboratories
3.Boston Scientific Corporation
4. Nevro Corp
5. ElectroCore LLC
6. Baxter International Inc.
7.Cipla Ltd
8. Pfizer
9. Stryker Corp
10. Stimwave LLC
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Table of content for the Paresthesia Treatment Market includes:
Global Paresthesia Treatment Market: Research Methodology
Global Paresthesia Treatment Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Paresthesia Treatment Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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