Press release
Neuropathic Pain Market reached US$7.76 billion in 2023 and is expected to reach US$14.97 billion by 2031 - Pfizer Inc., AdvaCare Pharma, Eli Lilly and Company.
Neuropathic Pain Market
Neuropathic Pain Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
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The Neuropathic Pain market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Neuropathic pain arises from damage or dysfunction in the nervous system, often described as burning, stabbing, or tingling sensations. Common causes include diabetes, nerve injuries, multiple sclerosis, and chemotherapy. Treatment typically involves medications like anticonvulsants, antidepressants, or nerve blocks, alongside physical therapy. Its complex nature requires a tailored approach to pain management.
Forecast Growth Projected:
The Global Neuropathic Pain Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Neuropathic Pain Market:
Pfizer Inc., AdvaCare Pharma, Eli Lilly and Company., Vertex Pharmaceuticals, Abbott, Medtronic, Nevro Corp., Grünenthal, Teva Pharmaceuticals Inc., and Sun Pharmaceutical Industries Ltd.
Segment Covered in the Neuropathic Pain Market:
By Type: Diabetic Neuropathy, Chemotherapy-Induced Peripheral Neuropathy, Post-Herpetic Neuralgia, Trigeminal Neuralgia, Spinal Stenosis, Others.
By Treatment Type: Drug Class, Devices.
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.
Industry Development:
In November 2024, Grünenthal announced that its U.S. subsidiary, Averitas Pharma, Inc., has successfully completed recruitment for the Phase III clinical trial called AV001. This trial aims to evaluate the efficacy, safety, and tolerability of QUTENZA (capsaicin) 8% topical system for treating post-surgical neuropathic pain (PSNP). If the trial results are positive, they could potentially support an extension of QUTENZA's label in the U.S. market, further expanding its therapeutic use.
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Regional Break out:
The global Neuropathic Pain Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Neuropathic Pain manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Neuropathic Pain in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Neuropathic Pain market?
➠ Who are the global key manufacturers of the Neuropathic Pain Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Neuropathic Pain market opportunities and threats faced by the vendors in the global Neuropathic Pain Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Neuropathic Pain market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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