This report on global trigeminal neuralgia treatment market studies various drugs used for treatment of trigeminal neuralgia along with pipeline analysis of upcoming potential drugs. Trigeminal neuralgia is a chronic pain condition that affects the trigeminal nerve, which carries sensation from face to brain. According to the International Association for the Study of Pain the incidence of Trigeminal Neuralgia is 12 per 100,000 persons per year. The etiology includes the compression of blood vessels, degeneration of arteries, myelin sheath infiltration and idiopathy. Trigeminal neuralgia is most commonly seen after the age of 40 years more common in female. Thus, drug pipeline of trigeminal neuralgia treatment market comprises potential drugs which are more target-specific and possess innovative properties.
For the purpose of this study, the various treatment types studied includes drug based therapy and surgical procedures; further, drug based therapy are segmented as anticonvulsant drugs, NSAIDs, and opioids.
The pipeline analysis for trigeminal neuralgia treatment market comprises projected market sales of Phase III drugs estimated till 2025. We have estimated sales of very specific molecules based on the type (chemical-based or biological), sponsor, depicted peak sales by leading market experts and other factors.
The geographic segmentation of the global trigeminal neuralgia treatment market is performed for the regions North America, Europe, Asia-Pacific, Latin America and Middle East and Africa markets. The regions are also further sub-segmented on the basis of major countries.
Trigeminal neuralgia is a chronic pain condition that affects the trigeminal nerve, which carries sensation from face to brain. The etiology includes the compression of blood vessels, degeneration of arteries, myelin sheath infiltration and idiopathic. According to American Association of Neurological Surgeons 150,000 people are diagnosed with Trigeminal Neuralgia.
According to market experts, drug based therapy is increasingly used to treat in developed markets, but application is still low in emerging markets, carbamazepine being the only approved drug in the market which is considered as the first line therapy followed by NSAIDs and opioids. However, the drug related side effects are high, so patients are opting for various types of surgical procedures for the treatment of trigeminal neuralgia like micro-vascular decompression, rhizotomy, and stereotactic radiosurgery. In base year 2021, drug based therapy accounted for the major market share in the treatment around 71% followed by surgical procedures which accounts for remaining 29% for patients those are not responding to drug therapy. During the forecast period 2023 – 2030 drug based therapy are expected to project a significant growth. The key factors assisting the segment growth comprises patient-supportive reimbursement policies that has assisted the increased use drug based therapy in developed markets, rise in aging population coupled with growing public awareness, and technological advancements in the surgical procedures.
North America was observed as the largest market for trigeminal neuralgia treatment in the base year 2021 due to rise in aging population and technological advancement in diagnostic tests. Europe is expected to be the second largest market due to rising public awareness, healthcare infrastructure and penetration of new technologies. According to American Association of Neurological Surgeons150,000 people are diagnosed with Trigeminal Neuralgia. Growth in Asia-Pacific in trigeminal neuralgia treatment market is attributed by factors like rising prevalence of neuropathic pain diseases, increasing investments in R&D and higher disposable income in these regions. However, factors such as developing health infrastructure, increasing awareness among people about health care and aging population are going to fuel the rapid growth of Trigeminal neuralgia disease treatment market in Latin America and Middle East and Africa region in the near future.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Trigeminal Neuralgia Treatment market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Treatment
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report