Neuropathic Pain Market 2017-2023 – Industry Key Growth Factor & Research Study

Market Research Future Publish a New Report on - “Global Neuropathic Pain Market Research Report Forecast to 2023”

Exclusive Summery About Report:
Neuropathic pain is a complex and chronic pain that usually occurs due to tissue damage. During this state nerve fibers damage themselves and this damage to nerves sends incorrect signals to pain centers. Increasing number of diabetic and cancer patients together are the major driving factor for this market’s growth. Beside this increasing approval of novel treatment for neuropathic pain, increasing number of pain management centers and increasing demand for generic drugs has provided a fuel for the growth of this market. On the other hand increasing cost of branded drugs and increasing side effects of the steroid therapy can restrain the growth of this market.
Global neuropathic pain market is expected to grow at the CAGR of 5.5% during forecasted period.

Taste the market data and market information presented in more than 50 market data tables and figures spread over 85 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Neuropathic Pain Market Research Report Forecast to 2023”

Major Key Players

• Pfizer Inc.,
• Depomed Inc.,
• Johnson & Johnson Services Inc.,
• Eli Lily and Company,
• GlaxoSmithKline PLC,
• Bristol-Myers Squibb and Company,
• Sanofi S.A,
• Baxter Healthcare Corporation
• Biogen Idec Inc.

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Segmentation
Due to increasing prevalence of neuropathic pain globally many companies are in the race to
Segmentation
The market is segmented into following which includes by drug types (anticonvulsants, antidepressant, anaesthesia, steroids and other), by condition (Peripheral neuropathy, diabetic neuropathy and other) and by end user (retail pharmacies, hospitals and other)

Regional Analysis
On regional basis, North America dominates the neuropathic pain market. Due to increase in number of diseases like diabetes and cancer in this region, all these have developed the market in North America. Beside this increasing aging population in this region has also provided a push to the market’s growth. In neuropathic pain market North America is followed by Europe. Improved infrastructure, increase in technological advance and prevalence of diseases which causes neuropathic pain has led to the growth of this market in Europe.

Asia Pacific is a developing region. Due to a huge demand of advance treatment for neuropathic pain along with increase in prevalence of diabetes in this region all these will allow growth of this market by the CAGR of 6.4% during the forecasted period.
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