Brooklyn, New York, USA, 2021-May-07 — /Meridian Market Consultants/ — An overview of conceptual frameworks, analytical approaches of the Vulvodynia Treatment market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Vulvodynia Treatment Market is expected to grow with significant rate in the near future. The global Vulvodynia Treatment Market in 2020 is estimated for more than US$ 4.9 Bn and expected to reach a value of US$ 7.7 Bn by 2028 with a significant CAGR of 5.9%.
Vulvodynia Treatment Market Dynamics
The growing occurrence of vulvodynia is the major growth driving factor for the vulvodynia treatment market. For instance, a study conducted by the University of Michigan stated that around 1 in 4 women are likely to experience vulvar pain during their lifetime. Besides, vulvar pain is responsible for both physical and mental stress.
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Moreover, the incidence of a product in the pipeline coupled with the rise in demand for the anti-convulsant segment is also likely to affect the market growth during the forecast period. Other factors like the advancements in technology in healthcare facilities along with the diagnostic services also propel market growth. As per the study published in the American Journal of Obstetrics and Gynecology in 2019, revealed the facts that the sexual function in the females suffering from vulva pain is likely to improve with oral nerve pain medication named Gabapentin.
The onset of side effects linked with the treatment like hives, difficulty breathing, swelling of the face, lips, tongue, or throat, blurred vision, etc. and the low awareness about the disease and its treatment in emerging nations hamper the market growth.
Moreover, the physicians offering self-care services along with the treatments for vulvodynia offers a lucrative growth opportunity for the market. On the contrary, the inadequate knowledge of skilled professionals with vulvodynia treatment serves to be the major challenging affecting the growth of the vulvodynia treatment market.
Ipsen Pharma demonstrated a leadership position in neurotoxin research with a strong presence at TOXINS held in January 2019 and the study of US's National Vulvodynia Association to derive a conclusion that nearly 16% of total female population experiences this condition at some point. Such factors are also responsible for fueling the growth of the vulvodynia treatment market.
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Vulvodynia Treatment Market Segmentation
The vulvodynia treatment market is segmented on the basis of drug class, mode of administration, distribution channel, and by region.
By Drug Class:
Anticonvulsant
Tricyclic Antidepressant
Serotonin-norepinephrine reuptake inhibitors (SNRI)
Hormone
Nerve Block
Local Anesthetic
Others
By Mode of Administration:
Oral
Topical
Injectable
By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Drug Stores
Online Pharmacies
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Vulvodynia Treatment Market Competitive Landscape
Key players operating in the global vulvodynia treatment market include Allergan plc., AstraZeneca Plc., Depomed Inc., Eli Lilly and Company, GlaxoSmithKline Plc., Janssen Pharmaceuticals, Inc., Johnson & Johnson Services, Inc., National Vulvodynia Association, Noven Pharmaceuticals, Inc., Pfizer Inc., Sanofi Aventis, and Upsher-Smith Laboratories, LLC.
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Regional Segmentation
On the basis of region, the Vulvodynia Treatment market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
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