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07-Jan-2022

Increasing and Consistent Investments For Healthcare Infrastructural Development is Key for Driving Neuralgia Treatment Market

Neuralgia is an abnormal symptom with effects like sharp, burning, and mostly severe pain, due to an irritated or damaged nerve. The causative nerve may be from anywhere in the body, The damage caused by the nerve is associated with several factors like aging, cardiovascular diseases, diabetes, multiple sclerosis, shingles infection, and more. Therefore, Neuralgia Treatment for the pain is directed towards its roots or its site of origin.

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Neuralgias Market: Segmentation

Tentatively, the global Neuralgia Treatment market can be segmented on the basis of treatment type, distribution channel, and geography.

Based on treatment type, the global Neuralgia Treatment market is segmented as:

  • Medications for Neuralgia Treatment
    • Anticonvulsant Medicines
      • Carbamazepine
      • Oxcarbazepine
      • Topiramate
      • Gabapentin
      • Pregabalin
      • Clonazepam
      • Phenytoin
      • Lamotrigine
      • Valproic acid
    • Tricyclic Antidepressants
      • Amitriptyline
      • Nortriptyline
  • Surgeries for Neuralgia Treatment
    • Balloon Compression
    • Glycerol Injection
    • Radiofrequency Thermal Lesioning
    • Stereotactic Radiosurgery
    • Microvascular Decompression
  • Complementary Approaches for Neuralgia Treatment (in combination with medications)

Based on distribution channel, the global Neuralgia Treatment market is segmented as:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies
  • Others

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Neuralgia Treatment Market: Key Players

Some of the key players operating in the global neuralgias market are

  • Allergan Plc
  • Merz Pharma GmbH & Co.
  • Biogen, Inc.
  • Merz Pharma GmbH & Co.
  • Abbott Laboratories
  • Trigemina Inc.
  • Pfizer Inc.
  • Novartis
  • GlaxoSmithKline Plc. F, Lupin
  • Others.

Neuralgia Treatment Market: Regional Outlook

Globally, North America, which includes the U.S., is expected to majorly contribute to the Neuralgia Treatment market. Aggressive healthcare investments and increasing awareness among people about Neuralgia Treatments will contribute to the growth of this region’s market. Asia Pacific is anticipated to have the second-largest market share in the Neuralgia Treatment market, primarily due to the largest geriatric population in the world present in China, India, and Japan.

In addition, improved living conditions and better health care initiatives by governing bodies will also fuel the growth of the Neuralgia Treatment market. Europe, with its rising prevalence of chronic pain disorders in its developed and developing countries, will be the third-largest contributor to the Neuralgia Treatment market. Latin America and the Middle East & Africa are expected to show considerable growth in the neuralgias market in the near future, thanks to some of the developed and emerging economies such as GCC countries, Brazil, and Mexico, which are evolving with good healthcare governance.

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Last Updated: 07-Jan-2022