Market Overview:
The 7 major Meniere's disease markets are expected to exhibit a CAGR of 2.38% during 2024-2034.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2034
|
Historical Years
|
2018-2023
|
Market Growth Rate 2024-2034 |
2.38% |
The Meniere's disease market has been comprehensively analyzed in IMARC's new report titled "Meniere's Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Meniere's disease refers to a disorder that forms in the inner ear, which is responsible for the sense of balance and hearing. People with this illness may experience symptoms that appear unexpectedly, reoccur, and impair their daily lives. The common indications associated with the ailment include tinnitus (ringing in the ears), hearing loss, a fullness or pressure sensation in the affected ear, vertigo, a lack of balance, headaches, abdominal pain, nausea, etc. In severe cases, patients may also experience anxiety, blurry vision, diarrhea, trembling, fatigue, a cold sweat, and a rapid pulse. The diagnosis of Meniere's disease depends on the evaluation of clinical manifestations, medical history, and hearing tests using audiograms. Numerous other diagnostic procedures, such as electrocochleography, vestibular evoked myogenic potential, video head impulse test, auditory brainstem response exam, etc., are also recommended to identify functional abnormalities or movement defects in patients. The healthcare provider may further perform brain magnetic resonance imaging (MRI) with contrast to rule out other possible issues that cause indications like dizziness and hearing loss.
The increasing cases of abnormal fluid accumulation inside the inner ear, which disrupts structure and interferes with brain signals, are primarily driving the Meniere's disease market. In addition to this, the rising incidences of various risk factors, including poor drainage of ear fluids, autoimmune response, allergic reaction, viral infection, genetic predisposition, vascular abnormalities, etc., are also bolstering the market growth. Moreover, the widespread adoption of diuretics, such as acetazolamide, hydrochlorothiazide (HCTZ), spironolactone, etc., that increase urine output and aid in reducing fluid buildup in the inner ear is further acting as another significant growth-inducing factor. Apart from this, the inflating application of positive pressure therapy, since it uses a device placed in the ear canal to generate a sequence of micro-pressure pulses that can influence fluids in the ear, is also propelling the market growth. Additionally, the emerging popularity of the vestibular nerve section technique, which can destroy the nerve that sends balancing signals to the brain to help in eliminating vertigo attacks while preserving hearing, is expected to drive the Meniere's disease market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the Meniere's disease market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for Meniere's disease and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the Meniere's disease market in any manner.
Time Period of the Study
- Base Year: 2023
- Historical Period: 2018-2023
- Market Forecast: 2024-2034
Countries Covered
- United States
- Germany
- France
- United Kingdom
- Italy
- Spain
- Japan
Analysis Covered Across Each Country
- Historical, current, and future epidemiology scenario
- Historical, current, and future performance of the Meniere's disease market
- Historical, current, and future performance of various therapeutic categories in the market
- Sales of various drugs across the Meniere's disease market
- Reimbursement scenario in the market
- In-market and pipeline drugs
Competitive Landscape:
This report also provides a detailed analysis of the current Meniere's disease marketed drugs and late-stage pipeline drugs.
In-Market Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Late-Stage Pipeline Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Drugs |
Company Name |
SPI 1005 |
Sound Pharmaceuticals |
SPT2101 |
Spiral Therapeutics |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Key Questions Answered in this Report:
Market Insights
- How has the Meniere's disease market performed so far and how will it perform in the coming years?
- What are the markets shares of various therapeutic segments in 2023 and how are they expected to perform till 2034?
- What was the country-wise size of the Meniere's disease market across the seven major markets in 2023 and what will it look like in 2034?
- What is the growth rate of the Meniere's disease market across the seven major markets and what will be the expected growth over the next ten years?
- What are the key unmet needs in the market?
Epidemiology Insights
- What is the number of prevalent cases (2018-2034) of Meniere's disease across the seven major markets?
- What is the number of prevalent cases (2018-2034) of Meniere's disease by age across the seven major markets?
- What is the number of prevalent cases (2018-2034) of Meniere's disease by gender across the seven major markets?
- How many patients are diagnosed (2018-2034) with Meniere's disease across the seven major markets?
- What is the size of the Meniere's disease patient pool (2018-2023) across the seven major markets?
- What would be the forecasted patient pool (2024-2034) across the seven major markets?
- What are the key factors driving the epidemiological trend of Meniere's disease?
- What will be the growth rate of patients across the seven major markets?
Meniere's Disease: Current Treatment Scenario, Marketed Drugs and Emerging Therapies
- What are the current marketed drugs and what are their market performance?
- What are the key pipeline drugs and how are they expected to perform in the coming years?
- How safe are the current marketed drugs and what are their efficacies?
- How safe are the late-stage pipeline drugs and what are their efficacies?
- What are the current treatment guidelines for Meniere's disease drugs across the seven major markets?
- Who are the key companies in the market and what are their market shares?
- What are the key mergers and acquisitions, licensing activities, collaborations, etc. related to the Meniere's disease market?
- What are the key regulatory events related to the Meniere's disease market?
- What is the structure of clinical trial landscape by status related to the Meniere's disease market?
- What is the structure of clinical trial landscape by phase related to the Meniere's disease market?
- What is the structure of clinical trial landscape by route of administration related to the Meniere's disease market?