The 7 major trigeminal neuralgia markets reached a value of US$ 234.5 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 357.8 Million by 2034, exhibiting a growth rate (CAGR) of 3.92% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 234.5 Million |
Market Forecast in 2034
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US$ 357.8 Million |
Market Growth Rate (2024-2034)
|
3.92% |
The trigeminal neuralgia market has been comprehensively analyzed in IMARC's new report titled "Trigeminal Neuralgia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Trigeminal neuralgia, also called tic douloureux, refers to a disorder that affects the trigeminal nerve, which is responsible for sending sensory information from the face to the brain. This disease is often characterized by sudden, severe, and intense facial pain (usually on one side of the face) that can last from a few seconds to several minutes. The pain can be triggered by simple actions, such as touching the face, brushing the teeth, or even talking. Individuals suffering from trigeminal neuralgia may experience muscle spasms, episodes of sharp, shooting or jabbing pain, a stabbing or electrical-type feeling, oversensitivity or uncomfortable tingling, etc. The diagnosis of this illness relies on the identification of clinical features, medical history, and a physical exam of the head and neck region. A neurological examination is further recommended, in which the healthcare provider touches and examines portions of the face to identify the location and triggering factors of the pain. Additionally, a high-resolution, thin-slice magnetic resonance imaging test that helps to rule out other causes of underlying indications is also utilized.
The rising cases of multiple sclerosis, which can cause deterioration of the body's main protective layer around the neuron, known as the myelin sheath, are primarily driving the trigeminal neuralgia market. In addition to this, the increasing incidences of nerve compression on account of facial injury, obesity, cervical foraminal narrowing, etc., are also propelling the market growth. Furthermore, the inflating adoption of anticonvulsant drugs, including carbamazepine and gabapentin, to control pain and lessen the symptoms of the disease is acting as another significant growth-inducing factor. Apart from this, the escalating application of microvascular decompression technique for identifying any blood vessels that may be contributing to nerve compression and treating the nerve to recover and return to a normal, pain-free condition is creating a positive outlook for the market. Additionally, the emerging popularity of deep brain stimulation therapy, which involves the implantation of electrodes within specific areas of the brain to drastically improve pain and boost the quality of life in patients, is expected to drive the trigeminal neuralgia market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the trigeminal neuralgia 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 trigeminal neuralgia 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 trigeminal neuralgia 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 trigeminal neuralgia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Carbatrol (Carbamazepine controlled release) | Takeda |
IP 2015 | Initiator Pharma |
Basimglurant | Noema Pharma |
Rimegepant | Pfizer |
*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
Trigeminal Neuralgia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies