Press release
Neuropathic Pain Market Size, Share & Forecast | 2024-2031 | Trends Companies likes - Pfizer Inc., AdvaCare Pharma, Eli Lilly and Company., Vertex Pharmaceuticals
Neuropathic Pain Market
Neuropathic Pain Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Neuropathic pain is a chronic pain condition caused by damage or dysfunction in the nervous system, leading to sensations like burning, tingling, or shooting pain. It can result from conditions such as diabetes, shingles, spinal cord injuries, or nerve trauma, and is often managed with medications like anticonvulsants, antidepressants, and topical agents, alongside physical and psychological therapies.
Major players in the Neuropathic Pain market
The prominent players in Neuropathic Pain market research report are: Pfizer Inc., AdvaCare Pharma, Eli Lilly and Company., Vertex Pharmaceuticals, Abbott, Medtronic, Nevro Corp., Grünenthal, Teva Pharmaceuticals Inc., and Sun Pharmaceutical Industries Ltd.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Neuropathic Pain Market Key Development
→ In November 2024, Grünenthal's U.S. subsidiary, Averitas Pharma, completed recruitment for the Phase III AV001 trial evaluating QUTENZA (capsaicin) 8% patch for post-surgical neuropathic pain. Positive results could support a label expansion in the U.S.
→ In January 2023, Neuralace Medical received FDA clearance for Axon Therapy, the first non-invasive magnetic peripheral nerve stimulation (mPNS) approved for chronic painful diabetic neuropathy, offering a new pain relief option.
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Neuropathic Pain Market Segments
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
The Neuropathic Pain industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
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
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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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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