EU Neuropathic Pain Management Market Analysis

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  • Type: Common Disease Area
  • Published : March 2021
  • Region: Europe
  • Country: Other
  • Report ID : 525

  • Format: PPT, PDF

EU Neuropathic Pain Management Market, Market Segmented by Type (Painful Diabetic Peripheral Neuropathy (PDPN), Autonomic Neuropathy, Focal Neuropathy, Proximal Neuropathy), by Indication (Diabetic Neuropathy, Spinal Stenosis, Chemotherapy Induced Peripheral Neuropathy), by Treatment (Medication and Multimodal Therapy) and by Distribution Channel (Retail Pharmacies & Drug Stores and Online Pharmacies) – Growth, Trends and Forecast, 2019-2028

Clear

Report Overview 

The EU Neuropathic Pain Management market size stood at around USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of % during the forecast period

Neuropathic pain is a complex, chronic pain state that usually is accompanied by tissue injury. It may lead to damage, dysfunction, or injury of nerve fibers, thereby leading to misfiring of signals to other pain centers. The impact of a nerve fiber injury includes a change in nerve function both at the site of injury and areas around the injury

Market Drivers 

The rising prevalence of diabetic neuropathy, increasing expenditure on healthcare, and the growing incidence of trauma from injury. Other factors like rising cases of chemotherapy-induced neuropathic pain and the increasing number of patients suffering from conditions such as carpal tunnel syndrome are driving the market growth for the global neuropathic pain market

1. EU Neuropathic Pain Management Market Overview
A. Market Size
2. EU Neuropathic Pain Management Market Growth Drivers……
A. Rising prevalence of diabetic neuropathy, increasing expenditure on healthcare, and the growing incidence of trauma from injury
B. Rising cases of chemotherapy-induced neuropathic pain
C. Increasing number of patients suffering from conditions such as carpal tunnel syndrome
3. EU Neuropathic Pain Management Market Segmentation……
A. By Type
I. Painful Diabetic Peripheral Neuropathy (PDPN)
II. Autonomic Neuropathy
III. Focal Neuropathy
IV. Proximal Neuropathy
B. By Indication
I. Diabetic Neuropathy
II. Spinal Stenosis
III. Chemotherapy Induced Peripheral Neuropathy
C. By Treatment
I. Medication
II. Multi model Therapy
D. By Distribution Channel
I. Retail Pharmacies & Drug Stores
II. Online Pharmacies
4. EU Neuropathic Pain Management Major Market Share…
A. Market Analysis, Insights and Forecast by Revenue
5. Competitive Landscape…………………………………………………………
A. Major Players
B. Products in Pipeline
6. Key Company Profiles…………………………………………………………..
A. Abbott Company overview, Product & Services, Strategies & Financials
B. Pfizer Company overview, Product & Services, Strategies & Financials
C. Glaxo Smith Kline Company overview, Product & Services, Strategies & Financials
7. Healthcare Policies and Regulatory Landscape….………………………
A. Policy Changes and Reimbursement Scenario
8. Factors Driving Market Growth……………………………………………………
A. Key Industry Developments
B. Mergers and Acquisitions
9. Potential Growth Opportunities…………………………………………
A. Market Opportunities
B. Future Trends
10. Conclusion

Market Segmentation

By Type

Based on neuropathic pain management market  is segmented, based on type, into peripheral neuropathy (PN), entrapment neuropathy, trigeminal neuralgia, phantom limb pain (PLP), post herpetic neuralgia (PHN), and post traumatic neuropathy. The rising number of trauma and injuries from sports and increasing instances of neuropathy due to changes in lifestyle are some of the main factors driving the demand for the neuropathic pain market

By Indication

Based on neuropathic pain management market is segmented as diabetic neuropathy, chemotherapy-induced peripheral neuropathy, spinal stenosis, and others. The diabetic neuropathy segment is further categorized into painful diabetic peripheral neuropathy (PDPN), proximal neuropathy, autonomic neuropathy and focal neuropathy

By Diagnosis

Based on  diagnosis, the market of diagnosis is segmented into physical examination, imaging, and blood tests. The imaging segment accounted for a major market share. This segment is further segmented into electromyography, MRI, and CT scans. Electromyography is a test that measures the electrical activity of the nerve and the muscle

By Treatment

On the basis of treatment, the market  is segmented into medication and multimodal therapy. Furthermore, by medication, the market is segmented into NSAIDS, antidepressant drugs, anticonvulsants, and nerve blocks

By Distribution Channel

On the basis of distribution channel , channels are  segmented into retail pharmacies & drug stores and online pharmacies

Major Players 

The Prominent Players in European Neuropathic Pain Management  are Abbott, GSK, Sanofi, Pfizer, Eli Lily, AstraZeneca, Johnson and Johnson, Depomed, Biogen, Inc., and Astellas

Abbott announces European Launch of the Proclaim™ DRG Neurostimulator system for the management  of  Neuropathic pain

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

Our analysis methodology involves three critical stages:

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers and researchers across countries through which we engage with local experts to gather key data points and assumptions around each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain the high level of accuracy and consistency. The market data is analysed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, market share as well as segment-level analysis of the specific market. Our report includes precise, to the point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

  • Statistical Databases
  • Company Websites/Annual Reports
  • Trade Publications
  • Online Databases
  • Published Research Reports
  • Whitepapers
  • Press Releases of Key Market Players

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and its impact to the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumptions.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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