"Designing Growth Strategies is in our DNA"
Central pain syndrome is a neurological disorder caused by the dysfunction or damage of the central nervous system (CNS), which includes the brain, brainstem, and spinal cord. This syndrome can be caused by stroke, tumors, multiple sclerosis, epilepsy, brain or spinal cord trauma, or Parkinson's disease. Pain medications often provide little or no relief for those affected by central pain syndrome. However, some antidepressants and anticonvulsants are useful in treating central pain syndrome.
An increase in the number of patients suffering from CNS diseases such as mental health and neurodegenerative diseases is the major factor contributing to the growth of the central pain syndrome management market.
Furthermore, government and non-government entities are heavily investing in the development of therapeutics for the disease, which is expected to fuel the growth in the market.
However, adverse reactions associated with the drugs to treat central pain syndrome and the high research and development expenditure required for developing them are factors expected to hamper the growth of the market to a certain extent.
The central pain syndrome management market faced a slightly negative impact in 2020 by the COVID-19 pandemic due to disruptions in supply chains and bio-manufacturing changes. Also, pharmaceutical companies operating in the central pain syndrome management market changed their R&D expenditure and workforce towards the development of COVID-19 therapeutics and vaccines. However, the market growth stabilized in 2021 owing to the reopening of manufacturing sites and the release of lockdown restrictions.
The report will cover the following key insights:
Based on drug class, the antidepressants segment accounted for a significant proportion of the global central pain syndrome management market in 2022. The growth was mainly attributed to the constant innovation and the development of therapeutic drugs to treat disease indications.
Furthermore, rising awareness regarding mental health in developing nations is estimated to drive segmental growth over the forecast period.
The anticonvulsants segment is projected to grow at a significant CAGR over the forecast period owing to the increasing awareness about the anticonvulsants available in the market and the patent expiration of many blockbuster drugs.
To gain extensive insights into the market, Request for Customization
North America dominated the central pain syndrome management market in 2022 and is projected to maintain its position over the forecast period. The growth is mainly attributed to the constant growing geriatric population and the rising burden of central nervous system disease in the U.S.
In addition, the robust growth of technology in the healthcare sector and increasing product launches, coupled with the rising level of research and development are driving the growth of the market in North America.
In Asia Pacific, the market for central pain syndrome management is expected to grow at a significant rate over the forecast period. Factors such as a large patient base with high unmet medical needs, improving healthcare infrastructure in developing countries such as China and India, and increasing awareness regarding mental health are projected to drive treatment adoption rates during the forecast period.
The report will include the profiles of key players such as Sandoz, Amneal Pharmaceuticals, Inc., GlaxoSmithKline, Dr. Reddy's Laboratories, Ltd., Eli Lilly and Company, Mallinckrodt Pharmaceuticals, Xi'an Tian Guangyuan Biotech Co., Ltd., AdvaCare Pharma, Zydus Cadila Healthcare Ltd., Janssen Global Services, LLC, and others.
By Drug Class | By Route of Administration | By Application | By Distribution Channel | By Geography |
|
|
|
|
|
US +1 833 909 2966 ( Toll Free )