Global paresthesia market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the increasing prevalence of diabetes, cancer, and other chronic diseases, changing life style, development in the healthcare expenditure and the government support for the research & development for new and better treatment have fueled the market growth.
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The analysis and estimations conducted via this Paresthesia business report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. This report is a wonderful guide for an actionable ideas, enhanced decision-making and better business strategies. The report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. The insights provided in the Paresthesia market research report are based upon SWOT analysis on which businesses can rely confidently.
The key market players in the global paresthesia market are AbbVie Inc, Johnson & Johnson Services, Inc, Takeda Pharmaceutical Company Limited, Baxter, Merck & Co., Inc, Novo Nordisk A/S, CELGENE CORPORATION, GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd, Eli Lilly and Company, Abbott Pfizer Inc, Novartis AG, Medtronic, Omron Healthcare, Inc, Boston Scientific Corporation, Stimwave LLC, Nevro Corp, Cyberonics, Inc, and others.
Key Developments in the Market:
- In January 2018, Mayo Clinic is developing Fingolimod which is in the early phase l of clinical trial for the treatment of neuropathic pain, numbness and tingling sensation. Fingolimod is a immunomodulating agent which binds to S1P receptors and acts as a functional antagonist
- In January 2018, Boston Scientific Corporation received the FDA approval for Spectra WaveWriter, spinal cord stimulator (SCS) system that delivers electrical pulses to the spinal cord. It is the only system approved by the FDA to provide paresthesia therapy to relieve from pain and sensation. This system allows patients and physicians to combine therapeutic options and customize therapy to provide successful treatment for chronic pain and sensation
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Segmentation: Global Paresthesia Market
- Acute Paresthesia
- Chronic Paresthesia
- Tropical Creams
By Distribution Channel
- Online Pharmacy
- Direct Tenders
Route of Administration
- Specialty Clinics
- North America
- South America
- Middle East & Africa
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