Global Vertigo Deep Research on Industrial and Market studies: Industry Analysis & Outlook (2017-2021)
"Global
Vertigo Market: Industry Analysis & Outlook (2017-2021)"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Vertigo is a medical condition where a person feels as if they or
the objects around them are moving when they are not. Often it feels
like a spinning or swaying movement. This may be associated with
nausea, vomiting, sweating, or difficulties walking. It is typically
worsened when the head is moved. Vertigo is the most common type of
dizziness. The causes for vertigo can be divided into two categories:
Peripheral and Central. Peripheral is linked to the inner ear whereas
central is linked to problems in Central Nervous System.
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Peripheral vertigo can be further segmented into five major
categories: Benign paroxysmal positional vertigo (BPPV), Acute
Unilateral Vestibulopathy, Meniere’s disease and Vestibular
Schwannoma. Amongst all the stated indication, Meniere’s disease
represents the largest growth opportunity for the market players with
its continuously rising incidence.
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Growth of global vertigo market is
expected to be driven by factors such as rising incidence and
prevalence of peripheral etiologies of vertigo, increasing geriatric
population, growing healthcare expenditure and improving disposable
income. Further, the market growth could be hindered by side effects
of currently prescribed medication, the high cost of treatment and
tedious drug approval process. The key trends for the market include
extensive research & development and different approaches being
adopted by drug manufacturers in order to target vertigo.
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A key drug Otividex, which is currently
in third phase of clinical trials and is being developed by Otonomy
Inc., is discussed in the report. The drug is easier to use and
provides a higher and sustained concentration of dexamethasone
relative to existing injections. Further, it is anticipated to
provide a well-accepted treatment option for Meniere’s Disease, if
successfully developed.
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The report “Global Vertigo Market:
Industry Analysis & Outlook (2017-2021)” analyzes the
development of this market, with focus on Europe and US regions. The
major trends, growth drivers as well as issues being faced by the
market are discussed in detail in this report.
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The four major players involved in the
development of breakthrough drug therapy for vertigo: Auris Medical
Holding AG., Sensorion SA, Otonomy, Inc. and Sound Pharmaceuticals,
Inc. are being profiled along with their key financials and
strategies for growth.
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