Product Code: MRFR/HC/0881-CR
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.
TABLE OF CONTENTS
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