Global Neuropathic Pain Market Research Report Forecast to 2027

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Global Neuropathic Pain Market Research Report – Forecast to 2027

Market analysis

Neuropathic Pain Market is anticipated to surpass USD 28,778.20 million by 2027 at a notable CAGR of 6.3% during the review period.
Neuropathic pain is prominently caused by the peripheral nerve disorder. The global market growth is attributed to the introduction of pain management centers along with higher demand for generic drugs.
In Neuropathic Pain Market, diabetes is one of the main sources of expanded neuropathic torment. The subsequent primary driver of neuropathic torment is the destructive infection called disease. According to World Health Organization (WHO) reports, in 2014, there were around 422 million individuals who were experiencing diabetes.
The huge populace is likewise viewed as one of the essential basic drivers of the market. Likewise, better treatment offices, improvement of medical care frameworks, ascend popularity of neuropathic torment and critical ventures by pharma organizations, improvement in nature of medications, and quantities of torment the board frameworks will push the market on a positive course.

Market segmentation

Based on type segment, the global neuropathic pain market has been classified into peripheral neuropathy, post-traumatic neuropathy, post-herpetic neuralgia (PHN), phantom limb pain, entrapment neuropathy, and trigeminal neuralgia. Based on indication, the market is divided into chemotherapy-induced peripheral neuropathy, diabetic neuropathy, and spinal stenosis. In terms of diagnosis, the market is segmented into blood tests, imaging, and physical examination. Based on its treatment, the market is classified into medication type and multimodal therapy. The end-use industries include clinics, hospitals, and research organizations. Based on its distribution channels, the market is divided into online pharmacies and retail pharmacies & drug stores.

Regional analysis

The nations in North America and South America contained an all-out market esteem worth of USD 6,645.09 million in the year 2019. It is anticipated that it will arrive at a CAGR of around 5.6% during the gauge time frame. The rising number of problems connected with neuropathic torment, mechanical turns of events, and ascend in mindfulness are the fundamental elements of the Neuropathic Pain Market development.
The American market is grouped into North America and Latin America. The market of North America is additionally partitioned into the United States of America and Canada.
The neuropathic torment market in Western Europe has been isolated into France, the UK, Germany, Spain, Italy, and other European nations. The market in Asia-Pacific is sectioned into India, Japan, Australia, China, South Korea, and different nations in the Asia-Pacific area. The Market in the Middle East and African district is separated into the Middle East and Africa.

Major players

Sanofi S.A. (France), Abbott Laboratories (U.S.), AstraZeneca (U.K.), GlaxoSmithKline plc (U.K.), and Depomed Inc. (U.S.), Eli Lilly and Company (U.S.), Astellas Pharma Inc. (Tokyo), Biogen Inc. (U.S.), Baxter Healthcare Corporation (U.S.), Pfizer, Inc. (U.S.), among others, are some of the major players in the global neuropathic pain market.

Additional information

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Table of Contents

TABLE OF CONTENT
1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION 22

2.2 SCOPE OF THE STUDY 22

2.3 RESEARCH OBJECTIVE 22

2.4 MARKET STRUCTURE 23

2.5 ASSUMPTIONS & LIMITATIONS 24

3 RESEARCH METHODOLOGY

3.1 DATA MINING 25

3.2 SECONDARY RESEARCH 26

3.3 PRIMARY RESEARCH 27

3.4 BREAKDOWN OF PRIMARY RESPONDENTS 28

3.5 FORECASTING TECHNIQUES 29

3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 30

3.6.1 BOTTOM-UP APPROACH 31

3.6.2 TOP-DOWN APPROACH 31

3.7 DATA TRIANGULATION 32

3.8 VALIDATION 32

4 MARKET DYNAMICS

4.1 OVERVIEW 33

4.2 DRIVERS 34

4.2.1 RISING PREVALENCE OF DIABETIC NEUROPATHY 34

4.2.2 INCREASING HEALTHCARE EXPENDITURE 34

4.2.3 GROWING NUMBER OF INCIDENCE OF TRAUMA FROM INJURY AND OTHER CONDITIONS 35

4.3 RESTRAINTS 36

4.3.1 INCREASING COUNTERFEIT DRUGS & SIDE EFFECTS OF THE THERAPEUTIC TREATMENT 36

4.3.2 LACK OF AWARENESS ABOUT THE NEUROLOGICAL CONDITION 37

4.4 OPPORTUNITIES 38

4.4.1 NEW PRODUCT LAUNCH IN DEVELOPING REGIONS 38

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS 39

5.1.1 R&D 40

5.1.2 MANUFACTURING 40

5.1.3 DISTRIBUTION AND SALES 40

5.1.4 POST-SALES MONITORING 40

5.2 PORTER’S FIVE FORCES MODEL 41

5.2.1 BARGAINING POWER OF SUPPLIERS 42

5.2.2 BARGAINING POWER OF BUYERS 42

5.2.3 THREAT OF NEW ENTRANTS 42

5.2.4 THREAT OF SUBSTITUTES 42

5.2.5 INTENSITY OF RIVALRY 42

5.3 IMPACT ANALYSIS OF COVID-19 ON THE GLOBAL NEUROPATHIC PAIN MARKET 43

5.3.1 OVERVIEW 43

5.3.2 IMPACT ON ONGOING TREATMENTS AND DELAYED AVAILABILITY DUE TO DEFERMENT 43

5.3.3 IMPACT ON NUMBER OF PATIENTS 44

6 GLOBAL NEUROPATHIC PAIN MARKET, BY TYPE

6.1 OVERVIEW 45

6.2 PERIPHERAL NEUROPATHY 47

6.3 ENTRAPMENT NEUROPATHY 47

6.4 TRIGEMINAL NEURALGIA 48

6.5 PHANTOM LIMB PAIN 48

6.6 POST HERPETIC NEURALGIA (PHN) 49

6.7 POST TRAUMATIC NEUROPATHY 49

7 GLOBAL NEUROPATHIC PAIN MARKET, BY INDICATION

7.1 OVERVIEW 50

7.2 DIABETIC NEUROPATHY 52

7.3 SPINAL STENOSIS 52

7.4 CHEMOTHERAPY INDUCED PERIPHERAL NEUROPATHY 53

7.5 OTHERS 53

8 GLOBAL NEUROPATHIC PAIN MARKET, BY DIAGNOSIS

8.1 OVERVIEW 54

8.2 IMAGING 55

8.3 BLOOD TESTS 56

8.4 PHYSICAL EXAMINATION 56

9 GLOBAL NEUROPATHIC PAIN MARKET, BY TREATMENT

9.1 OVERVIEW 57

9.2 MEDICATION 58

9.3 MULTIMODAL THERAPY 60

10 GLOBAL NEUROPATHIC PAIN SMARKET, BY DISTRIBUTION CHANNEL

10.1 OVERVIEW 61

10.2 RETAIL PHARMACIES & DRUG STORES 62

10.3 ONLINE PHARMACIES 62

11 GLOBAL NEUROPATHIC PAIN MARKET, BY END USER

11.1 OVERVIEW 63

11.2 HOSPITALS 64

11.3 CLINICS 64

11.4 RESEARCH ORGANIZATIONS 65

12 GLOBAL NEUROPATHIC PAIN MARKET, BY REGION

12.1 OVERVIEW 66

12.2 AMERICAS 67

12.2.1 NORTH AMERICA 72

12.2.1.1 US 77

12.2.1.2 CANADA 81

12.2.2 LATIN AMERICA 85

12.3 EUROPE 90

12.3.1 WESTERN EUROPE 95

12.3.1.1 GERMANY 100

12.3.1.2 UK 104

12.3.1.3 FRANCE 108

12.3.1.4 ITALY 112

12.3.1.5 SPAIN 116

12.3.1.6 REST OF WESTERN EUROPE 120

12.3.2 EASTERN EUROPE 124

12.4 ASIA-PACIFIC 129

12.4.1 CHINA 134

12.4.2 INDIA 138

12.4.3 JAPAN 142

12.4.4 SOUTH KOREA 146

12.4.5 AUSTRALIA 150

12.4.6 REST OF ASIA-PACIFIC 154

12.5 MIDDLE EAST & AFRICA 159

12.5.1 MIDDLE EAST 164

12.5.2 AFRICA 168

13 COMPETITIVE LANDSCAPE

13.1 OVERVIEW 173

13.2 COMPETITIVE BENCHMARKING 174

13.3 GLOBAL NEUROPATHIC PAIN MARKET: COMPANY RANKING, 2020 175

13.4 MAJOR GROWTH STRATEGY IN THE GLOBAL NEUROPATHIC PAIN MARKET 175

13.5 LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS 176

13.6 COMPETITIVE BENCHMARKING: GLOBAL NEUROPATHIC PAIN MARKET 176

13.7 KEY DEVELOPMENTS & GROWTH STRATEGIES 177

13.7.1 PRODUCT APPROVALS AND LAUNCHES 177

13.7.2 ACQUISITIONS 177

13.8 FINANCIAL MATRIX 178

14 COMPANY PROFILES

14.1 ABBOTT 179

14.1.1 COMPANY OVERVIEW 179

14.1.2 FINANCIAL OVERVIEW 180

14.1.3 PRODUCTS/SERVICES OFFERED 180

14.1.4 KEY DEVELOPMENTS 181

14.1.5 SWOT ANALYSIS 182

14.1.6 KEY STRATEGIES 182

14.2 PFIZER 183

14.2.1 COMPANY OVERVIEW 183

14.2.2 FINANCIAL OVERVIEW 183

14.2.3 PRODUCTS/SERVICES OFFERED 184

14.2.4 KEY DEVELOPMENTS 184

14.2.5 SWOT ANALYSIS 184

14.2.6 KEY STRATEGIES 184

14.3 JOHNSON & JOHNSON SERVICES, INC. 185

14.3.1 COMPANY OVERVIEW 185

14.3.2 FINANCIAL OVERVIEW 186

14.3.3 PRODUCTS/SERVICES OFFERED 186

14.3.4 KEY DEVELOPMENTS 186

14.3.5 SWOT ANALYSIS 187

14.3.6 KEY STRATEGIES 187

14.4 BAXTER INTERNATIONAL 188

14.4.1 COMPANY OVERVIEW 188

14.4.2 FINANCIAL OVERVIEW 188

14.4.3 PRODUCTS/SERVICES OFFERED 189

14.4.4 KEY DEVELOPMENTS 189

14.4.5 SWOT ANALYSIS 189

14.4.6 KEY STRATEGIES 190

14.5 ELI LILY AND COMPANY 190

14.5.1 COMPANY OVERVIEW 190

14.5.2 FINANCIAL OVERVIEW 191

14.5.3 PRODUCTS/SERVICES OFFERED 191

14.5.4 KEY DEVELOPMENTS 191

14.5.5 SWOT ANALYSIS 192

14.5.6 KEY STRATEGIES 192

14.6 GLAXOSMITHKLINE PLC 193

14.6.1 COMPANY OVERVIEW 193

14.6.2 FINANCIAL OVERVIEW 193

14.6.3 PRODUCTS/SERVICES OFFERED 194

14.6.4 KEY DEVELOPMENTS 194

14.6.5 SWOT ANALYSIS 194

14.6.6 KEY STRATEGIES 195

14.7 SANOFI 195

14.7.1 COMPANY OVERVIEW 195

14.7.2 FINANCIAL OVERVIEW 196

14.7.3 PRODUCTS/SERVICES OFFERED 196

14.7.4 KEY DEVELOPMENTS 197

14.7.5 SWOT ANALYSIS 197

14.7.6 KEY STRATEGIES 197

14.8 ASTRAZENECA 198

14.8.1 COMPANY OVERVIEW 198

14.8.2 FINANCIAL OVERVIEW 198

14.8.3 PRODUCTS/SERVICES OFFERED 199

14.8.4 KEY DEVELOPMENTS 199

14.8.5 SWOT ANALYSIS 199

14.8.6 KEY STRATEGIES 199

14.9 DEPOMED INC. (ASSERTIO THERAPEUTICS, INC) 200

14.9.1 COMPANY OVERVIEW 200

14.9.2 FINANCIAL OVERVIEW 200

14.9.3 PRODUCTS/SERVICES OFFERED 200

14.9.4 KEY DEVELOPMENTS 201

14.9.5 SWOT ANALYSIS 201

14.9.6 KEY STRATEGIES 202

14.10 BIOGEN, INC. 202

14.10.1 COMPANY OVERVIEW 202

14.10.2 FINANCIAL OVERVIEW 202

14.10.3 PRODUCTS/SERVICES OFFERED 203

14.10.4 KEY DEVELOPMENTS 203

14.10.5 SWOT ANALYSIS 203

14.10.6 KEY STRATEGIES 203

14.11 ASTELLAS PHARMA LTD. 204

14.11.1 COMPANY OVERVIEW 204

14.11.2 FINANCIAL OVERVIEW 204

14.11.3 PRODUCTS/SERVICES OFFERED 205

14.11.4 KEY DEVELOPMENTS 205

14.11.5 SWOT ANALYSIS 205

14.11.6 KEY STRATEGIES 206

15 APPENDIX

15.1 REFERENCES 207

15.2 RELATED REPORTS 207

Companies Mentioned

Sanofi S.A. (France), Abbott Laboratories (U.S.), AstraZeneca (U.K.), GlaxoSmithKline plc (U.K.), and Depomed Inc. (U.S.), Eli Lilly and Company (U.S.), Astellas Pharma Inc. (Tokyo), Biogen Inc. (U.S.), Baxter Healthcare Corporation (U.S.), Pfizer, Inc. (U.S.)

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