Interstitial Cystitis Market Analysis and Size
Interstitial cystitis (IC) is a chronic illness that produces pressure in the bladder and pain and, in some cases, pelvic pain. Interstitial cystitis symptoms can influence a person's social life, physical activity, sleep, and even ability to work. Women are more affected by the condition than men. Bladder pain and pressure, frequent urination, pain in the vaginal or vulva in women, and pain in the scrotum or testicles in males are all common symptoms of interstitial cystitis. Because it is difficult to diagnose, there is no optimal cure, even though therapies can enhance one's quality of life.
In recent years, the interstitial cystitis market is anticipated to grow rapidly during the forecast period. Continuous pain feelings caused by interstitial cystitis (IC) have been linked to psychological issues like anxiety and sadness. Additionally, the COVID-19 outbreak exacerbated IC patients' distress by inducing psychological symptoms such as dread, despair, boredom, frustration, and anger. A multidisciplinary approach provides a tailored treatment for IC patients by delivering a web-mediated counseling intervention for patients and their caregivers. This may support a relationship-based reform process focused at bettering one's quality of life.
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Interstitial Cystitis Market Dynamics
Drivers
· Rise in the prevalence of interstitial cystitis
The rising prevalence of interstitial cystitis is a major factor driving the interstitial cystitis market's growth rate. Lower urinary tract problems and bladder pain are among the symptoms of interstitial cystitis. This illness disproportionately affects women. Endometriosis, fibromyalgia, and allergies are all common complications.
· Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of interstitial cystitis market is the rising healthcare expenditure which helps in improving its infrastructure.
Furthermore, rising initiatives by public and private organizations to spread awareness about the will expand the interstitial cystitis market. Additionally, high disposable income and changing lifestyle of people will result in the expansion of interstitial cystitis market. Along with this, rising geriatric population and introduction of gene therapy will enhance the market's growth rate.
Opportunities
· Increase in the number of research and development activities
Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the interstitial cystitis market growth. Along with this, rising drug approvals and launches will further propel the market's growth rate.
COVID-19 Impact on Interstitial Cystitis Market
Since its emergence in December 2019, the COVID-19 virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. Due to the financial crisis and the delay in specialty healthcare delivery while prioritizing COVID-19-related treatments, healthcare systems worldwide have been severely disrupted in the aftermath of the coronavirus pandemic. Patients were unable to see their controls for a variety of reasons, including difficulty accessing a doctor, fear of infection transmission, inability to continue therapies and essential procedures due to pandemic restrictions. Such considerations may have a negative impact on the market of interstitial cystitis in recent months.
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Global Interstitial Cystitis Market Scope
The interstitial cystitis market is segmented on the basis of treatment, diagnosis, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Treatment
· Medications
· Antihistamines
· Pentosan polysulfate sodium
· Tricyclic antidepressants
· Nonsteroidal anti-inflammatory drugs
· Nerve Stimulation
· Sacral nerve stimulation
· Transcutaneous electrical nerve stimulation (TENS)
· Bladder Distention
· Surgery
· Bladder augmentation
· Fulguration
· Resection
Diagnosis
· Potassium Sensitivity Test
· Urine Cytology
· Biopsy
· Cystoscopy
· Urine Test
· Pelvic Exam
Route of Administration
· Oral
· Intravesical
· Others
End-Users
· Hospitals
· Specialty Clinics
· Homecare
· Others
Distribution Channel
· Hospital Pharmacy
· Retail Pharmacy
· Online Pharmacy
· Others
Some of the major players operating in the interstitial cystitis market are:
· Akorn, Incorporated (US)
· Pfizer Inc. (US)
· GlaxoSmithKline plc (UK)
· Novartis AG (Switzerland)
· Mylan N.V. (US)
· Teva Pharmaceutical Industries Ltd. (Israel)
· Sanofi (France)
· Boehringer Ingelheim International GmbH. (Germany)
· AstraZeneca (UK)
· Johnson & Johnson Private Limited (US)
· Bayer AG (Germany)
· Merck & Co., Inc. (US)
· Prestige Consumer Healthcare Inc. (US)
· F. Hoffmann-La Roche Ltd. (Switzerland)
· Bristol-Myers Squibb Company (US)
· Almirall, S.A (Spain)
· Zenomed Healthcare Private Limited (India)
· Cadila Pharmaceuticals (India)
· Astellas Pharma Inc. (Japan)
· Eli Lilly and Company (US)
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