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Global Neuropathic Pain market is expected to reach USD 13.16 billion by 2033, at a CAGR of 5.55% from 2024 to 2033. Global Neuropathic Pain market is witnessing a considerable growth owing to the surge in the number of cancer and diabetes cases and advancement in technology. Advancements in topical neuropathy have enabled the creation of pain treatments that exclusively target specific areas without resulting in systemic side effects. Consequently, market participants are making research and development efforts to create effective topical remedies, expanding the range of therapy options available. The study of genomics and biomarkers in pain genetics has enhanced comprehension of the mechanisms that underlie neuropathic pain. This knowledge propels numerous pharmaceutical enterprises to enter this field, aiming to introduce personalized and effective drugs for managing such discomforts with novel medications.
This is the painful condition which usually comes under chronic pain. Neuropathic Pain happen happens due to progressive nerve disease and due to chronic disease. This may also happen some serious injury or infection. The chronic neuropathic pain can come up any time without showing any sign before. There is a possibility of even acute neuropathic pain, though the chances are less. The non-neuropathic pain happens due to some injury or illness. The neuropathic pain does not happen because of some event or some activity or any kind of injury. People who are suffering from this condition may feel burning and shooting pain. In such condition, pain may be constant, or it may come and go at any time. There is no fixed time for it, and it does not come at a regular time interval. In such a condition, one can feel numbness or loss of sensation. The neuropathic pain could get worse with the time.
The main causes for the neuropathic pain are chronic disease, infection, serious injuries and loss of limbs. Disease such as diabetes can make one feel like burning pain, numbness. According to one of the report, diabetes is responsible for 30% of neuropathic cases, because it impacts the working of nerves. The excessive consumption of alcohol for a long term can lead to chronic neuropathic disease. Same way serious accidents that affected the spine can lead to neuropathic pain. Infection can cause such pain rarely. For instance, Shingles can lead to neuropathic pain for some weeks. Due to limb loss, also people suffer from neuropathic pain. Such type of neuropathic pain is called phantom limb syndrome. The other reasons for the neuropathic pain include Vitamin B, thyroid problems, carpal tunnel syndrome, arthritis etc. 1 among 3 Americans suffers from chronic pain and in that 1 in 5 is suffering from the neuropathic pain. The increase in the population, the unhealthy lifestyle of the people, are the factors driving this market. The increasing number of geriatric populations in the developed economies and the rise in awareness among people about Neuropathic pain in the developing economies are some more factors that are propelling this market. Also, the increase in the investment in R&D by big companies, the improvement in the drugs with the advancement in technologies and rising pain management centers are some more factors propelling the Neuropathic Pain market.
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There are various chronic diseases that affect the nervous system such as, HIV, alcoholism, cancer, diabetes etc. The increase in the number of geriatric populations across the globe are leading to an increasing number of the diabetic cases. Increasing cancer and diabetes cases leads to neuropathic pain, which ultimately drives the Neuropathic pain market.
With the increasing number of Neuropathic pain cases, there is a demand for its cure. Some of the medications prescribed for neuropathic pain are anesthetics, anticonvulsants and antidepressants. Common antidepressants include amitriptyline and nortriptyline whereas carbamazepine, valproic acid, felbamate, clonazepam and phenytoin are few of the most common anticonvulsants used for the treatment of neuropathic disorders. Many emergences of pain management centers are also going to drive the neuropathic pain market.
The advancement in technologies, procedures and the increasing number of ambulatory services specialized are helping the patient from neuropathic disorders. The people have become much more aware of the disease and about the treatment. These factors drive the Neuropathic pain market
The severe side effects of opioids and steroids such as increased heart rate, further chronic pain, nausea, vomiting, diarrhea, chronic depression, headache and stroke, prevent the patients from using such prescriptions which include opioids and steroids, so these factors act as a restraint for the growth of this market and also the high cost of branded drugs also restraining neuropathic pain market.
The approval of treatments such as Mirogabalin besylate, a calcium channel blocker has given a better solution for cure of neuropathic disorders. Furthermore, pharmaceutical companies are concentrating on the advancement of improved drugs to cater to the unmet demand of patients suffering from neuropathic pain, which supplements the market growth.
Lack of awareness is the biggest challenge for the growth of this market. The people in some backwards regions are unaware about the neuropathic pain, the symptoms of it and about the treatment. The rising cost of treatment also obstruct the market growth, especially in underdeveloped regions.
The global nueropathic pain market has been segmented based on drug class, indication, distribution channel and regions.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa. North America is anticipated to held the highest share of the market in terms of value.
North America Region Neuropathic Pain Market Share in 2023 - 36.1%
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The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances and partnerships to improve their market position in the global neuropathic pain industry.
In December 2017, Depomed Inc. announced the commercialization agreement with Collegium Pharmaceutical. This agreements helps, Collegium Pharmaceutical in commercializing the NUCYNTA pain franchise, and Depomed, Inc. will earn on royalty rate.
In January 2018, GSK Consumer Healthcare acquired Quell Wearable Pain Relief Technology of NeuropMetric Inc. organization for the sales in the global market except US. The acquisition expanded its product portfolio and is increasing the market share of the company.
Report Description:
The size of the neuropathic pain market was valued at USD 7.67 billion in 2023 and is anticipated to reach USD 13.16 billion by 2033.
Global neuropathic pain market is growing at a CAGR of 5.55% during the forecast period 2024-2033.
The global neuropathic pain market has been segmented based on drug class, indication, distribution channel and regions. The Anticonvulsants drug segment led the Neuropathic Pain market with a CAGR of 6.2% in forecasting period.
The North America region emerged as the largest market for the neuropathic pain.
The increasing number of cancer and diabetes cases and factors such as the emergence of pain management centers & demand for generic drugs to alleviate pain levels are the key driving factor for the neuropathic pain market.
Lack of awareness towards the condition may hamper the market growth.
The advent of various novel treatments such as Mirogabalin besylate, a calcium channel blocker, and their approvals will provide huge opportunities to the market.
Key players are Eli Lilly and Company, Astellas Pharma Inc., Biogen Inc., Baxter Healthcare Corporation, Pfizer, Inc., Sanofi S.A, Abbott Laboratories.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Drug Class
4.3.2. Market Attractiveness Analysis By Indication
4.3.3. Market Attractiveness Analysis By Distribution Channel
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing number of cancer and diabetes cases
5.2.2. Factors such as the emergence of pain management centers and demand for generic drugs to alleviate pain levels
5.2.3. Technological advancement and the increasing number of ambulatory services
5.3. Restrains
5.3.1. Severe side effects of opioids and steroids and rapid rise in costs of branded drugs
5.4. Opportunities
5.4.1. The advent of various novel treatments such as Mirogabalin besylate, a calcium channel blocker, and their approvals
5.5. Challenges
5.5.1. Lack of awareness towards the condition
6. Global Neuropathic Pain Market Analysis and Forecast, By Drug Class
6.1. Segment Overview
6.2. Anticonvulsants drug
6.3. Tricyclic Antidepressants
6.4. Opioids
6.5. Capsaicin Cream
6.6. Steroids
6.7. Others
7. Global Neuropathic Pain Market Analysis and Forecast, By Indication
7.1. Segment Overview
7.2. Diabetic Neuropathy
7.3. Spinal Stenosis
7.4. Chemotherapy-induced Peripheral Neuropathy
8. Global Neuropathic Pain Market Analysis and Forecast, By Distribution Channel
8.1. Segment Overview
8.2. Hospitals
8.3. Clinics
8.4. Research organizations
9. Global Neuropathic Pain Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Neuropathic Pain Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Neuropathic Pain Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Eli Lily and Company
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Component Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Astellas Pharma Inc.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Component Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Biogen Inc.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Component Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Baxter Healthcare Corporation
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Component Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Pfizer Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Component Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Sanofi S.A.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Component Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Abbott Laboratories
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Component Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. AstraZeneca
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Component Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Johnson and Johnson Services Inc.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Component Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. GlaxoSmithKline Plc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Component Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
2. Global Anticonvulsants Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
3. Global Tricyclic Antidepressants Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
4. Global Opioids Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
5. Global Capsaicin Cream Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
6. Global Steroids Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
7. Global Others Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
8. Global Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
9. Global Diabetic Neuropathy Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
10. Global Spinal Stenosis Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
11. Global Chemotherapy-induced Peripheral Neuropathy Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
12. Global Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
13. Global Hospitals Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
14. Global Clinics Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
15. Global Research organizations Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
16. Global Neuropathic Pain Market, By Region, 2020–2033 (USD Billion)
17. Global Neuropathic Pain Market, By North America, 2020–2033 (USD Billion)
18. North America Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
19. North America Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
20. North America Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
21. U.S. Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
22. U.S. Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
23. U.S. Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
24. Canada Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
25. Canada Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
26. Canada Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
27. Mexico Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
28. Mexico Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
29. Mexico Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
30. Europe Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
31. Europe Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
32. Europe Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
33. Germany Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
34. Germany Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
35. Germany Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
36. France Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
37. France Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
38. France Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
39. U.K. Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
40. U.K. Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
41. U.K. Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
42. Italy Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
43. Italy Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
44. Italy Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
45. Spain Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
46. Spain Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
47. Spain Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
48. Asia Pacific Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
49. Asia Pacific Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
50. Asia Pacific Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
51. Japan Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
52. Japan Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
53. Japan Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
54. China Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
55. China Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
56. China Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
57. India Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
58. India Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
59. India Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
60. South America Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
61. South America Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
62. South America Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
63. Brazil Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
64. Brazil Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
65. Brazil Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
66. Middle East and Africa Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
67. Middle East and Africa Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
68. Middle East and Africa Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
69. UAE Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
70. UAE Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
71. UAE Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
72. South Africa Neuropathic Pain Market, By Drug Class, 2020–2033 (USD Billion)
73. South Africa Neuropathic Pain Market, By Indication, 2020–2033 (USD Billion)
74. South Africa Neuropathic Pain Market, By Distribution Channel, 2020–2033 (USD Billion)
List of Figures
1. Global Neuropathic Pain Market Segmentation
2. Neuropathic Pain Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Neuropathic Pain Market Attractiveness Analysis By Drug Class
9. Global Neuropathic Pain Market Attractiveness Analysis By Indication
10. Global Neuropathic Pain Market Attractiveness Analysis By Distribution Channel
11. Global Neuropathic Pain Market Attractiveness Analysis By Region
12. Global Neuropathic Pain Market: Dynamics
13. Global Neuropathic Pain Market Share by Drug Class (2023 & 2033)
14. Global Neuropathic Pain Market Share by Indication (2023 & 2033)
15. Global Neuropathic Pain Market Share by Distribution Channel (2023 & 2033)
16. Global Neuropathic Pain Market Share by Regions (2023 & 2033)
17. Global Neuropathic Pain Market Share by Company (2023)
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The segmentation of the global neuropathic pain market on the basis of below mentioned segments:
Global Neuropathic Pain Market by Drug Class:
Global Neuropathic Pain Market by Indication:
Global Neuropathic Pain Market by Distribution Channel:
Global Neuropathic Pain Market by Region:
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