The 7 major chemotherapy-induced peripheral neuropathy markets are expected to exhibit a CAGR of 4.44% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 4.44% |
The chemotherapy-induced peripheral neuropathy market has been comprehensively analyzed in IMARC's new report titled "Chemotherapy-Induced Peripheral Neuropathy Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Chemotherapy-induced peripheral neuropathy (CIPN) is a distressing and often debilitating side effect that can arise as a result of certain cancer treatments. It is characterized by damage to the peripheral nerves, leading to a range of symptoms that significantly impact patients' quality of life. Common indications include tingling, numbness, burning sensations, and weakness in the extremities, particularly in the hands and feet. Individuals suffering from the illness may also experience trouble with coordination, balance, and fine motor skills. The diagnosis of CIPN involves a comprehensive assessment of the patient's medical history, including details of the chemotherapy agents used, dosage, and duration of treatment. The healthcare professional may also conduct clinical examinations, nerve conduction studies, and electromyography to evaluate nerve function and pinpoint the extent of nerve damage. Additionally, patients' self-reported symptoms play a crucial role in diagnosis. It is crucial for physicians to distinguish CIPN from various other potential causes of neuropathy and to tailor treatment strategies accordingly.
The increasing cases of cancer, which requires chemotherapy, causing damage to the nerves by interfering with their structure and function, are primarily driving the chemotherapy-induced peripheral neuropathy market. In addition to this, the inflating utilization of efficacious interventions, including neuroprotective agents, antioxidants, and nerve growth factor modulators, to effectively mitigate and alleviate the symptoms associated with CIPN is also creating a positive outlook for the market. Moreover, the widespread adoption of physical therapies and lifestyle modifications, as they aid in enhancing nerve function, minimizing discomfort, and ameliorating patients' overall quality of life, is further bolstering the market growth. Apart from this, the rising usage of novel treatments, such as scrambler therapy and dorsal root ganglion stimulation, which target neural pathways and provide relief from neuropathic pain in individuals suffering from the ailment, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of complementary therapies like acupuncture and transcutaneous electrical nerve stimulation to enhance treatment outcomes is also augmenting the market growth. Furthermore, the escalating application of regenerative medicine approaches, encompassing stem cell therapy and gene therapy, to address the root causes of CIPN by rejuvenating damaged nerve tissue and rectifying the genetic anomalies responsible for its onset is expected to drive the chemotherapy-induced peripheral neuropathy market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the chemotherapy-induced peripheral neuropathy market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for chemotherapy-induced peripheral neuropathy and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the chemotherapy-induced peripheral neuropathy market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current chemotherapy-induced peripheral neuropathy marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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WST-057 | WinSanTor |
ATX01 | AlgoTherapeutix |
Tetrodotoxin | Wex Pharmaceuticals |
BXQ-350 | Bexion Pharmaceuticals |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Chemotherapy-Induced Peripheral Neuropathy: Current Treatment Scenario, Marketed Drugs and Emerging Therapies