Global Post Herpetic Neuralgia Treatment Market- Industry AnalysisPosted by abhishek jadhav on February 1st, 2021 The Global Post Herpetic Neuralgia Treatment market is estimated to grow at a significant CAGR of XX% during the forecast period. Market Introduction and Overview Post Herpetic Neuralgia (PHN) is the most challenging complication of the Herpes zoster virus. The condition is characterized by constant or intermittent burning, itching or aching. Other characteristic symptoms include numbness and tingling. It affects the nerve fibres and the skin as well. Despite the introduction of the vaccine against the Varicella Zoster virus, PHN continues to be a clinical problem. The treatment of PHN is based on an array of drugs and drug associations with proved efficacy. The drugs include Tricyclic antidepressants, the antiepileptic drug- Gabapentin, Pregabalin, and opioids. People with ongoing conditions such as cancer or HIV are more likely to get affected. According to CDC, age is a major factor in this condition. People above the age of 50 have a high risk of developing this condition periodically. The geriatric population which is mostly immunosuppressant is likely to increase the screening rates for the disease. Along with these factors, the advancements in treatment techniques of Post Herpetic Neuralgia is a key driver to the market. The development of steroids, antidepressants, and anticonvulsants have gained power in the market for treating the condition. Increasing awareness among people, government initiatives, and advances in healthcare infrastructure around the globe aid the market growth. Poor efficacy of drugs and their high cost is likely to restrain the PHN market. Inadequate knowledge of drug usage and overdose may lead to high rates of mortality hampering the market growth. Segment Analysis The drug segment is estimated to grow at a faster rate in the forecast period. To control the post-treatment pain antidepressant drugs, opioids are preferred more often. These drugs affect the key brain chemicals such as serotonin which interpret the body's pain. Also, anticonvulsants are effective at calming nerve impulses and stabilizing the abnormal electrical activity in the nervous system. Market Segmentation The Global Post Herpetic Neuralgia Treatment Market is segmented based on Treatment Type • Drugs Distribution Channel • Hospitals Global Post Herpetic Neuralgia Treatment Market Regional Insights Global Post Herpetic Neuralgia Treatment Market1 North America is estimated to dominate the market in the forecast period. The United States, due to the large economy and high purchasing power leads the Post Herpetic Neuralgia Market. Increasing cases of this condition, remarkable healthcare infrastructure and presence of key players such as Pfizer and Endo pharmaceuticals are driving the market growth here. Europe and the Asia Pacific are expected to be prominent regions of the market. European Nations- Spain, Italy, France, and the UK have a considerable market for PHN due to growing healthcare infrastructures and healthcare expenditures. In APAC the Post Herpetic Neuralgia Treatment market is dominated by India, Japan, and New Zealand. Development of large speciality hospitals and increasing purchasing power is helping in boosting the market. • Pfizer Inc This Report Is Submitted By : Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: sales@maximizemarketresearch.com Address : Pune, Maharashtra 411051, India. Contact: +919607195908
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