The 7 major Meniere's disease markets reached a value of USD 242.1 Million in 2024. Looking forward, IMARC Group expects the 7MM to reach USD 311.9 Million by 2035, exhibiting a growth rate (CAGR) of 2.32% during 2025-2035.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2024
|
Forecast Years | 2025-2035 |
Historical Years |
2019-2024
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Market Size in 2024
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USD 242.1 Million |
Market Forecast in 2035
|
USD 311.9 Million |
Market Growth Rate 2025-2035
|
2.32% |
The Meniere's disease market has been comprehensively analyzed in IMARC's new report titled "Meniere's Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2025-2035". Meniere's disease refers to a disorder that forms in the inner ear, which is responsible for the sense of balance and hearing. People with this illness may experience symptoms that appear unexpectedly, reoccur, and impair their daily lives. The common indications associated with the ailment include tinnitus (ringing in the ears), hearing loss, a fullness or pressure sensation in the affected ear, vertigo, a lack of balance, headaches, abdominal pain, nausea, etc. In severe cases, patients may also experience anxiety, blurry vision, diarrhea, trembling, fatigue, a cold sweat, and a rapid pulse. The diagnosis of Meniere's disease depends on the evaluation of clinical manifestations, medical history, and hearing tests using audiograms. Numerous other diagnostic procedures, such as electrocochleography, vestibular evoked myogenic potential, video head impulse test, auditory brainstem response exam, etc., are also recommended to identify functional abnormalities or movement defects in patients. The healthcare provider may further perform brain magnetic resonance imaging (MRI) with contrast to rule out other possible issues that cause indications like dizziness and hearing loss.
The increasing cases of abnormal fluid accumulation inside the inner ear, which disrupts structure and interferes with brain signals, are primarily driving the Meniere's disease market. In addition to this, the rising incidences of various risk factors, including poor drainage of ear fluids, autoimmune response, allergic reaction, viral infection, genetic predisposition, vascular abnormalities, etc., are also bolstering the market growth. Moreover, the widespread adoption of diuretics, such as acetazolamide, hydrochlorothiazide (HCTZ), spironolactone, etc., that increase urine output and aid in reducing fluid buildup in the inner ear is further acting as another significant growth-inducing factor. Apart from this, the inflating application of positive pressure therapy, since it uses a device placed in the ear canal to generate a sequence of micro-pressure pulses that can influence fluids in the ear, is also propelling the market growth. Additionally, the emerging popularity of the vestibular nerve section technique, which can destroy the nerve that sends balancing signals to the brain to help in eliminating vertigo attacks while preserving hearing, is expected to drive the Meniere's disease market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the Meniere’s disease market in the United States, EU4 (Germany, Spain, Italy, and France), 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 Meniere’s disease and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, 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 Meniere’s disease 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 Meniere's disease marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
SPI 1005 | Sound Pharmaceuticals |
SPT2101 | Spiral Therapeutics |
*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
Meniere's Disease: Current Treatment Scenario, Marketed Drugs and Emerging Therapies