Post Herpetic Neuralgia Treatment Market Scope
Postherpetic neuralgia affects the nerve fibers and skin. PHN is nerve pain that persists for more than 30 days after the reactivation of herpes zoster. The nerve pain is a result of damage to the peripheral nerve. The postherpetic neuralgia treatment market is expected to grow in the future due to an increase in the prevalence of postherpetic neuralgia and availability of advancements in treatment Techniques.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Post Herpetic Neuralgia Treatment market throughout the predicted period.
Pfizer (United States), Teva Pharmaceutical Industries Ltd (Isreal), Mylan N.V. (United States), Endo (Ireland), Daiichi Sankyo (Japan), Acorda Therapeutics (United States), Purdue Pharma L.P (United States), Teikoku Pharma USA, Inc.(United States) and Janssen Pharmaceuticals, Inc. (Belgium) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Post Herpetic Neuralgia Treatment market by Type (Patches (Capsaicin Skin Patches and Lidocaine Skin Patches), Drugs and Opioids), by Application (Hospitals, Clinics and Others) and Region with country level break-up.
On the basis of geography, the market of Post Herpetic Neuralgia Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Advancements in Treatment Techniques for Post Herpetic Neuralgia
Market Drivers
- Increase in the Prevalence of Postherpetic Neuralgia
- Rising Geriatrics Population Across the World
Opportunities
- Development of Health Care Infrastructure in Developed as well as Developing Countries
- Government Initiatives to Spread Awareness regarding Post-herpetic Neuralgia Treatment Products
Restraints
- High Cost of Neuropathy Pain Treatment
- Lack of Health Infrastructure and Budgets in Emerging Countries
Challenges
- Side Effects of Treatment such as Sedation, Dry Mouth, Constipation, and Urinary Retention, and Orthostatic Hypotension
Key Target Audience
Post Herpetic Neuralgia Treatment Providers, Healthcare Industry, Research Institutes, Government Agencies, Medical Research Laboratories and Others