The global pleurodynia treatment market size was worth around USD 128.57 million in 2022 and is predicted to grow to around USD 191.58 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.28% between 2023 and 2030.
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➤ The condition’s increasing prevalence is expected to drive market growth.
The global pleurodynia treatment market is expected to experience significant development as a result of the growing number of pleurodynia cases worldwide. This has resulted in a rise in the demand for medicines and treatments that are effective. Nevertheless, the industry currently provides only pain and symptom management therapies or medications, and it lacks an accurate cure for the condition. The United States experienced over 1,153 reported cases of the condition in 2019, according to the Centers for Disease Control and Prevention (CDC) report.
➤ The absence of a specific diagnosis to limit market expansion
The global market is presently in its infancy, and it is devoid of concrete diagnostic tools that can accurately identify the condition. It is challenging for healthcare professionals to accurately diagnose the condition due to the fact that the symptoms are comparable to those of numerous other conditions, such as general fatigue or Covid-19. Consequently, elimination methods are necessary. Additionally, pleurodynia’s chest pain may be mistaken for cardiac arrest or another severe medical condition due to its extreme intensity. In the pleurodynia treatment industry, these factors may serve as growth limitations.
➤ Increasing investment in innovative therapies to demonstrate growth opportunities
The global pleurodynia treatment market size may benefit from the increasing investment in the development of novel therapies. Novel therapies are novel and innovative treatment approaches that are distinct from conventional treatment methods. It involves the utilization of medications, technologies, or treatment modalities that provide patients with enhanced outcomes. This may entail the investigation of novel gene therapies, immunotherapies, or antiviral medications for the treatment of pleurodynia.
➤ Market expansion is hindered by regulatory obstacles.
The global pleurodynia treatment industry actors may encounter certain obstacles to their projected growth as a result of the increasingly stringent regulations that govern the trial and commercial availability of new pleurodynia treatment drugs and therapies. The industry’s current processes are both time-consuming and costly, resulting in a limited number of participants and a significant portion of the potential market remaining unexplored.
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The Global Pleurodynia Treatment Market is segmented based on product, application and region
Global Pleurodynia Treatment Market: Product Segment Analysis
● Coxsackievirus B
● Coxsackievirus A
● Echovirus
Global Pleurodynia Treatment Market: Application Segment Analysis
● Meningitis
● Tachycardia
● Hepatitis
● Pericarditis
● Myocarditis
● Orchitis
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The global Pleurodynia Treatment market profiles key players such as:
● Roche Holding AG
● Gilead Sciences
● AbbVie
● GlaxoSmithKline
● Bristol Myers Squibb
● Johnson & Johnson
● Boehringer Ingelheim
● Pfizer
● Novartis
● Takeda Pharmaceuticals
● Merck & Co.
● Bayer
● Teva Pharmaceutical Industries
● AstraZeneca
???? Recent Developments:
• In January 2023, verywellhealth, an online award-winning site that offers fact-based and credible information on a variety of health-related conditions, asserted that patients can alleviate pleurodynia-related pain by utilizing nonsteroidal anti-inflammatory drugs such as ibuprofen (Advil), despite the absence of a specific treatment for the condition. Additionally, they recommended that the application of warm packs to the affected area may alleviate discomfort.
• In April 2022, a study published on the Frontiers website asserted that ethyl 3-hydroxy hexanoate (EHX), a volatile compound found in food additives and fruits, has the potential to mitigate Coxsackievirus B infections. The research also indicated that the utilization of EHX is a safe therapeutic alternative during the treatment process.
➤ The region with the greatest growth rate will be North America.
North America is anticipated to experience the most significant growth rate in the global pleurodynia treatment market, with the United States serving as the largest shareholder. The robust healthcare infrastructure of the country and its commitment to attaining more effective and efficient developments in the sector are the primary factors contributing to regional growth.
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