Vestibular Neuronitis Treatment Market

Vestibular Neuronitis Treatment Market

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raksha

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Raksha Sharma

Vineet

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Vishal Golekar

Vestibular Neuronitis Treatment Market Outlook 2032 

The global vestibular neuronitis treatment market size was USD XX Billion in 2023 and is likely to reach USD XX Billion by 2032, expanding at a CAGR of XX% during 2024–2032. The market growth is attributed to the rising prevalence of vertigo and increasing research & development activities.

Vestibular neuritis, which typically manifests as vertigo, nausea, and imbalanced gait, is believed to be caused by inflammation of the vestibular component of the eighth cranial nerve. Although all vestibular symptoms may not go away completely for weeks or months, it is thought to be a benign, self-limited syndrome that usually lasts for a few days. As a clinical diagnosis, vestibular neuritis must be distinguished from other central causes such as cerebrovascular syndromes by the physician. Vestibular neuritis is a benign, self-limiting illness. Acute vestibular neuritis is thought to be the third most common cause of peripheral vertigo, after BPPV and Meniere illness; however, evidence on its occurrence is scarce.

  • In July 2023, according to an article published in StatPearls, the an estimated 6% of patients who complain of dizziness in emergency rooms in the US are diagnosed with acute vestibular neuritis or labyrinthitis. This statistic probably underrepresents the true incidence of the condition as 22% of patients who report dizziness are released with no further diagnosis other than vertigo or dizziness. Real cases of acute vestibular neuritis are probably included in some of these nonspecific diagnoses. It primarily affects people in their middle years and has no preference for gender.

Acute symptomatic treatment with drugs such as antiemetics (promethazine and metoclopramide), antihistamines (diphenhydramine and meclizine), and benzodiazepines (diazepam and lorazepam) is typically the approach taken to treat  vestibular neuritis. Other treatments, such vestibular rehabilitation, are frequently advised after the acute stage. The following antiemetics, antihistamines, and benzodiazepines not be used for longer than three days at a time, as they can cause chronic issues and recurrent vertigo by delaying central compensation.

Vestibular Neuronitis Treatment Market Outlook

Impact of Artificial Intelligence (AI) in Vestibular Neuronitis Treatment Market

Artificial Intelligence provides personalized treatment plans for vestibular neuronitis by analyzing a patient's condition and suggesting rehabilitation exercises. It also predicts treatment response, allowing doctors to tailor therapy plans for better outcomes. AI-powered analysis of medical scans and patient data improves diagnosis, potentially leading to fast and accurate diagnoses. This technology differentiates vestibular neuronitis from other inner ear disorders.

Vestibular Neuronitis Treatment Market Dynamics

Vestibular Neuronitis Treatment Market Dynamics


Major Drivers

Rising prevalence of vertigo is increasing the demand for treatment, thus propelling the global market. Moreover, increasing public awareness for inner ear problems and its early diagnosis and treatment, thus boosting the market. Increasing R&D activities is expected to create drug pipeline, thereby fueling the market during the forecast period.

Existing Restraints

Lack of treatment efficacy and options is expected to restrain the global market. The current treatment options cannot completely eliminate all the symptoms for patients. Additionally, the effectiveness of vestibular rehabilitation therapy varies depending on individual factors and its associated side effects.

Emerging Opportunities

Development of novel therapeutics with minimum side effects and improved efficacy is expected to pose opportunities in the market during the predicted period. Moreover, advancements in diagnostics and development of specific diagnostic tools are expected to improve the accessibility, affordability, and convenience in the coming years.  

Scope of the Vestibular Neuronitis Treatment Market Report

The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Vestibular Neuronitis Treatment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2023

Historic Data

2017–2022

Forecast Period

2024–2032

Segmentation

Symptoms (Sudden Vertigo, Balance Issues, Nausea and Vomiting, Dizziness, and Trouble Concentrating), Causative Agents (Measles Virus, Influenza Virus, Epstein-Barr Virus (EBV), Rubella Virus, Mumps Virus, Shingles, Chicken Pox Virus), Treatment (Anticholinergics, Antihistamines, Benzodiazepines, and Others), and End-user (Hospitals, Clinics, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast

Key Players Covered in the Report

Amneal Pharmaceuticals Ltd.; AstraZeneca Plc.; F. Hoffmann-La Roche Ltd.; GlaxoSmithKline Plc; Intas Pharmaceuticals Ltd.; Novartis AG; Pfizer Inc.; Sanofi; Sun Pharmaceutical Industries Ltd; and Teva Pharmaceutical Ltd.


Vestibular Neuronitis Treatment Market Segment Insights

Causative Agent Segment Analysis

On the basis of causative agent, the vestibular neuronitis treatment market is segmented into measles virus, influenza Virus, Epstein-Barr virus (EBV), rubella virus, mumps virus, shingles, chicken pox virus. The large share of the influenza virus segment in 2023 is attributed to its high prevalence. The rapid detection technique of influenza virus and growing awareness of public awareness is fueling the segment. Advancements in diagnostic tools for vestibular neuronitis might lead to fast and accurate diagnoses, potentially leading to a rise in identified cases following influenza infection.

The Epstein-Barr Virus (EBV) segment is expected to expand at a significant pace during the projection period owing to its large prevalence. Furthermore, increasing R&D for novel medication to reduce the symptoms of the chicken pox is expected to propel the segment significantly during the forecast period.

Treatment Segment Analysis

On the basis of treatment, the global market is segregated into anticholinergics, antihistamines, benzodiazepines, and others. The antihistamines segment is anticipated to register a considerable CAGR during the forecast period due to a wide range of benefits that it possesses. Antihistamines are relatively safer and well-tolerated than other medication classes such as benzodiazepines and antihistamines. Furthermore, the cost-effectiveness of antihistamines makes them a suitable option for a wider range of patient, thus fueling the segment.

Vestibular Neuronitis Treatment Market Treatment

End-user Segment Analysis

On the basis of end-user, the vestibular neuronitis treatment market is segmented into hospitals, clinics, and others. The hospitals segment is expected to register a robust growth rate in 2023 owing to severity of cases. The situations and symptoms such as intense vertigo, persistent nausea and vomiting and imbalances leading to fall requires hospital admission and treatment management and monitoring for patient safety. Additionally, the better diagnostics capabilities and treatment intervention in hospital is driving the segment.

The clinics segment is expected to expand at a significant growth rate over the projection period owing to prevalence of less severe cases. Furthermore, the accessibility and convenience are expected to fuel the segment during the forecast period. Clinics are often accessible and convenient for patients as compared to hospitals, especially for follow-up appointments and ongoing vestibular rehabilitation therapy sessions.

Symptoms Segment Analysis

Based on symptoms, the vestibular neuronitis treatment market is divided into sudden vertigo, balance issues, nausea and vomiting, dizziness, and trouble concentrating. The sudden vertigo segment dominated the global market owing to it being the core symptom. Moreover, the presence and severity of sudden vertigo and balance issues are crucial factors in diagnosing vestibular neuronitis is expected to boost the segment. Most treatment strategies for vestibular neuronitis aim to alleviate these core symptoms. Medications such as antihistamines and vestibular suppressants target vertigo and nausea, while physical therapy helps with regaining balance and spatial orientation.

Vestibular Neuronitis Treatment Market Symptoms

Regional Analysis

In terms of region, the global vestibular neuronitis treatment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market in 2023 owing to the rising prevalence of vestibular neuronitis. Increasing awareness about the early diagnosis and treatment plans is expected to propel the segment during the projection period.

  • In January 2023, according to an article published by Cleveland clinic, Vestibular neuritis affects approximately 3.5 to 9 people per 100,000 population in the US.

The market in Asia Pacific is projected to grow at a significant pace in the years to come owing to increasing population and rising disease burden. Furthermore, rapid development in most of Asia Pacific is expected to fuel the regional market during the forecast period. Growing economies and increasing healthcare expenditure is driving the market in this region. As economies in the Asia Pacific develop, there is a rise in disposable income and healthcare expenditure. This allows for high investments in sophisticated medical technologies such as flow cytometry and IHC machines used in cell surface marker detection.

Vestibular Neuronitis Treatment Market Region

Segments

The vestibular neuronitis treatment market has been segmented on the basis of

Symptoms

  • Sudden Vertigo
  • Balance Issues
  • Nausea and Vomiting
  • Dizziness
  • Trouble Concentrating

Causative Agents

  • Measles Virus
  • Influenza Virus
  • Epstein-Barr Virus (EBV)
  • Rubella Virus
  • Mumps Virus
  • Shingles
  • Chicken Pox Virus

Treatment

  • Anticholinergics
  • Antihistamines
  • Benzodiazepines
  • Others

End-user

  • Hospitals
  • Clinics
  • Others

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Amneal Pharmaceuticals Ltd.
  • AstraZeneca Plc.
  • F. Hoffmann-La Roche Ltd.
  • GlaxoSmithKline Plc
  • Intas Pharmaceuticals Ltd.
  • Novartis AG
  • Pfizer Inc.
  • Sanofi
  • Sun Pharmaceutical Industries Ltd
  • Teva Pharmaceutical Ltd.

Competitive Landscape

Key players competing in the global vestibular neuronitis treatment market are Amneal Pharmaceuticals Ltd.; AstraZeneca Plc.; F. Hoffmann-La Roche Ltd.; GlaxoSmithKline Plc; Intas Pharmaceuticals Ltd.; Novartis AG; Pfizer Inc.; Sanofi; Sun Pharmaceutical Industries Ltd; and Teva Pharmaceutical Ltd.

These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,

  • On April 3, 2024, the Johns Hopkins University sponsored study by the collaboration of National Institute on Deafness and Other Communication Disorders (NIDCD) and GN Otometrics on AVERT completed its phase II clinical trial. The Specific Aims are to assess diagnostic accuracy, diagnostic workup costs, and estimate the short-term impact of correct diagnosis in anticipation of a large, definitive Phase III trial.
Vestibular Neuronitis Treatment Market Key Players
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vestibular Neuronitis Treatment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Vestibular Neuronitis Treatment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Vestibular Neuronitis Treatment Market - Supply Chain
  4.5. Global Vestibular Neuronitis Treatment Market Forecast
     4.5.1. Vestibular Neuronitis Treatment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Vestibular Neuronitis Treatment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Vestibular Neuronitis Treatment Market Absolute $ Opportunity
5. Global Vestibular Neuronitis Treatment Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Vestibular Neuronitis Treatment Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Vestibular Neuronitis Treatment Demand Share Forecast, 2019-2026
6. North America Vestibular Neuronitis Treatment Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Vestibular Neuronitis Treatment Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Vestibular Neuronitis Treatment Demand Share Forecast, 2019-2026
7. Latin America Vestibular Neuronitis Treatment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Vestibular Neuronitis Treatment Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Vestibular Neuronitis Treatment Demand Share Forecast, 2019-2026
8. Europe Vestibular Neuronitis Treatment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Vestibular Neuronitis Treatment Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Vestibular Neuronitis Treatment Demand Share Forecast, 2019-2026
9. Asia Pacific Vestibular Neuronitis Treatment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Vestibular Neuronitis Treatment Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Vestibular Neuronitis Treatment Demand Share Forecast, 2019-2026
10. Middle East & Africa Vestibular Neuronitis Treatment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Vestibular Neuronitis Treatment Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Vestibular Neuronitis Treatment Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Vestibular Neuronitis Treatment Market: Market Share Analysis
  11.2. Vestibular Neuronitis Treatment Distributors and Customers
  11.3. Vestibular Neuronitis Treatment Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

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