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Growth of Spasticity Treatment Market to Be Impacted by Advent of Neurostimulation Devices | Technavio

Technavio has announced its latest market research report titled global spasticity treatment market 2019-2023. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--

The market will accelerate at a CAGR of close to 4% between 2019-2023

The report, spasticity treatment market 2019-2023, has been added to Technavio's catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on type and geography for the forecast period 2019-2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191018005417/en/

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The report on the spasticity treatment market includes:

Spasticity treatment market analysis and forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation
    • Type
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

Spasticity Treatment Market 2019-2023: Competitive landscape

  • Vendors covered
  • Vendor classification
    • ALLERGAN
    • F. Hoffmann-La Roche Ltd
    • Ipsen Pharma
    • Pfizer Inc.
    • UCB S.A.

Spasticity Treatment Market Landscape 2019-2023: Geographic landscape

  • Asia - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries

Spasticity Treatment Market Landscape 2019-2023: Type

  • Drug therapy - Market size and forecast 2018-2023
  • Physical therapy - Market size and forecast 2018-2023

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The availability of advanced technologies for drug delivery will drive the spasticity treatment market

Oral medication and physical therapy or intravenous therapy are proved to be ineffective in many patients. This is encouraging companies to develop novel drug delivery systems that improves treatment efficacy by delivering drugs to the target site. It also eliminates the side effect associated with oral spasticity medications and offers maximum benefits at a minimum dosage.

Advent of neurostimulation devices – An emerging trend in the spasticity treatment market

The prevalence of spasticity is rising. In addition, patients find drug and physical therapy unpleasant because they offer short-term efficacy with adverse side effects. As a result, vendors are developing devices such as neurostimulation devices, which are used in combination with the available medications. The introduction of such new devices is attracting the attention of patients and healthcare practitioners.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2023

Get Full Report: https://www.technavio.com/report/global-spasticity-treatment-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

MARKET TRENDS

  • Advances in SDB
  • Advances in underwater imaging technology
  • Increasing penetration of AI

Technavio also offers Custom Research services providing focused, comprehensive, and tailored research.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20191018005417/en/