Geniculate Ganglionitis Drugs Market size is anticipated to witness more than 5.1% CAGR during the forecast period i.e., between 2024-2036. Geniculate ganglionitis, also known as, Ramsay Hunt syndrome, or Hunt's neuralgia, is a neurological disorder caused by infection with the same virus which causes chickenpox. In this syndrome, the virus infects the facial nerve connected to the ear, which is why the syndrome is characterized by chronic pain in middle and inner ear. The growth of the market can be attributed to the rising cases of chickenpox and shingles, as this is the most common cause of geniculate ganglionitis. Before the mass vaccine drives for chickenpox were initiated, over 100 deaths and more than 4 million cases of chickenpox were reported every year. After the vaccine drives, since 1996, this has reduced significantly. As of 2019, less than 350,000 cases of chickenpox were reported worldwide. Moreover, the developing public healthcare infrastructure and high government expenditure for the development of new drugs is anticipated to significantly fuel the growth of the market.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
5.1% |
Regional Scope |
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The global geniculate ganglionitis drugs market is segmented by drug type into anticonvulsant, anti-inflammatory drugs, antiviral drugs, tricyclics, pregabalin and others, out of which, the antiviral drugs segment is anticipated to hold notable share over the forecast period as antiviral drugs can suppress the infection and instantly reduce the damage to the nerve. However, there is no specific treatment for geniculate ganglionitis, and a combination of drugs is used to relieve the symptoms.
Our in-depth analysis of the global market includes the following segments
By Treatment |
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By Drug Class |
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By Distribution Channel
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APAC Market Statistics
On the basis of geographical analysis, the global geniculate ganglionitis drugs market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is poised to account for largest revenue share by 2036, on account of higher cases of chickenpox and other viral infections in the region. Similarly, the market in Latin America is estimated to provide significant opportunities for the market to grow by the end of 2030, owing to absence of proper vaccine drives to protect for VZV virus, and lack of proper treatment facilities in the region.
North America Market Analysis
The market in the North America region is anticipated to gain the largest market share throughout the forecast period on account of presence of major pharmaceutical companies manufacturing drugs, and increasing research activities for the developing new drugs.
Author Credits: Radhika Pawar
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