Quadriplegia Treatment Market Insights, Research and Growth Factor till 2032
In 2022, the global Quadriplegia Treatment Market is anticipated to be worth $1,468.4 million USD. The market's expansion might be attributed mostly to an increase in the frequency of spinal cord injuries, as well as an increase in the number of car accidents that occur globally each year. Between 2022 and 2032, the global demand for quadriplegia therapy is expected to expand at a CAGR of 4.7%, totalling roughly US$ 2,324.4 Million by 2032.
Key Drivers of Quadriplegia Treatment Market
Quadriplegia is caused by injury to the spinal cord caused
by trauma to the base of the neck or the skull. Accidental paralysis, spinal
cord tumours, and other spinal cord disorders are some of the most common
causes of quadriplegia, also known as tetraplegia. A spinal cord injury can
cause limb paralysis, either partial or full. According to the Spinal Cord
Injury Statistics 2020 data sheet, approximately 17,810 new cases of spinal
cord injuries are expected in the United States per year. Some of the reasons
of quadriplegia include stroke, vehicle accidents, falls, violence, sports,
medical or surgical causes, and others.
According to WHO estimates, 20-50 million people are
injured in road traffic accidents each year, resulting in non-fatal injuries
but long-term impairment. The need for quadriplegia therapy is likely to
increase over the forecast period due to an increase in traffic accidents.
Recent technological improvements and various R&D projects in the field of
quadriplegia therapy are two of the key drivers driving demand in the next
years. Patients with spinal cord injuries are becoming more aware of the
various therapy options available to improve their quality of life.
Key player of Quadriplegia Treatment Market
Major
manufacturers of medications needed to treat quadriplegia are
- Merck
& Co.
- Sanofi
Pharmaceuticals
- Baxter
International
- Zydus
Cadila
- GlaxoSmithKline
- AstraZeneca
- Cipla
- Johnson
& Johnson
- Bristol
Myers Squibb Co.
- Eli
Lily & Co.
- Teva
Pharmaceuticals
- Takeda
Pharmaceutical Co Ltd
- Hoffmann
La Roche
- Sun
Pharmaceuticals.
Read More@ https://www.futuremarketinsights.com/reports/quadriplegia-treatment-market
Key Segments
By Treatment Type:
- Corticosteroids
- Non-
Steroidal Anti-inflammatory Drugs (NSAIDs)
- Antidepressants
- Selective
serotonin reuptake inhibitors (SSRIs)
- Serotonin
and norepinephrine reuptake inhibitors (SNRIs)
- Anticonvulsants
- Narcotic
Analgesics
- Antispasmodics
& Muscle Relaxants
- Antibiotics
By Route of Administration:
- Oral
- Intravenous
- Others
By Distribution Channel:
- Hospital
Pharmacies
- Retail
Pharmacies
- Drug
Stores
- Online
Stores
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