Neuropathic pain is a complex, long-term pain condition that is frequently accompanied by tissue damage. It may cause nerve fiber damage which results in failure in signal transmission to pain centers. A nerve fiber injury causes a change in nerve function both at the lesion site and the surrounding tissues. Thyroid problems, syphilis, spine surgery, shingles, nerve or spinal cord compression from herniated discs or arthritis in the spine, multiple sclerosis, multiple myeloma, HIV infection, facial nerve problems, diabetes, chemotherapy, amputation, or alcoholism are some of the causes of neuropathic pain. In the treatment of neuropathic pain, tricyclic antidepressants, anticonvulsants, local anesthetics such as Lidocaine, Arnica, and Capsaicin, opioids, and steroids are employed.
Market Dynamics
Increasing presence of branded and generic versions of drugs for the treatment of neuropathic pain, increasing prevalence of diseases such as cancer and diabetes, are the major factors that are expected to drive growth of the Nigeria neuropathic pain management drugs market over the forecast period.
For instance, according to the International Diabetes Federation (IDF) Atlas, an umbrella organization of over 230 national diabetes associations, around 24 million adults in the Africa are living with diabetes in the year 2021.
Moreover, there are limited number of manufacturers in Nigeria such as May & Baker Nigeria Plc., CHI Pharmaceuticals Limited, and others who manufacture analgesics, NSAIDs, and other pain medications. Majority of these medications are imported from the countries of North America, Europe, and Asia Pacific regions. Nigerian manufacturers have significant scope to produce generic products in the country with cGMP guidelines and build a scalable business. Majority of drugs such as tricyclic antidepressants, and anticonvulsants are imported in Nigeria, and domestic manufacturing of these drugs could prove to be a sustainable business.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
Detailed Segmentation:
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