Market Analysis: Global Erythromelalgia Treatment Market
Erythromelalgia treatment market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Increase in demand of targeted mode of therapies and high unmet need of treatment are the key factors for growth of this market
Market Definition: Global Erythromelalgia Treatment Market
Erythromelalgia is also known as Mitchell disease or Gerhardt disease is rare disease characterized by intense, burning pain of feet and hands, severe redness (erythema) and increased skin temperature that may be episodic in nature. It is occurring in people who have high blood pressure, venous insufficiency, Systemic lupus erythematosus, rheumatoid arthritis etc.
According to the statistics published in About, Inc, an estimated annual prevalence of erythromelalgia is approximately 1.3 people in every 100,000 people in the United States. Presence of refined healthcare infrastructure and high demand of disease specific novel therapies are the key factors that fueling the market growth
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Huge financial support to the researchers for developing novel intervention is boosting the market growth
High demand of disease specific novel treatment can also act as a market driver
Emergence of drug used in the treatment of complications associated with erythromelalgia High unmet need and emerging new market can drive the growth of this market
Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
Low healthcare budget in some developing countries is hamper the market growth
Segmentation: Global Erythromelalgia Treatment Market
By Route of Administration
By End Users
By Distribution Channel
Rest of South America
Rest of Europe
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East & Africa
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Key Developments in the Market:
In January 2017, Biogen received an Orphan Drug designation from the FDA for Vixotrigine, a voltage-gated sodium channel inhibitors for the treatment of erythromelalgia. The special designations of Vixotrigine provide significant support for the development of new treatments for serious and potentially life-threatening erythromelalgia.
Global erythromelalgia treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global erythromelalgia treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global erythromelalgia treatment market are Teva Pharmaceutical Industries Ltd, Xenon, Biogen, ICAGEN, INC, Pfizer Inc, Zydus Cadila, ANI Pharmaceuticals, Inc, Novel Laboratories Inc, Norvartis AG, Amneal Pharmaceuticals LLC, ALLERGAN, Bausch Health, Akorn, Incorporated, INDOCO REMEDIES LTD, Somerset Therapeutics, LLC, Galderma Laboratories, L.P. Acorda Therapeutics, Inc and others
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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