What is Vertigo Treatment-?
Vertigo is a condition in which a person has a spinning sensation and loss of balance. Symptoms of vertigo include nausea and vomiting, headache, tinnitus, motion sickness and balance problems. In addition, vertigo is a condition and not a disorder, therefore at least 40% of the experience of adults sometimes in their lives.
The factors that guide the growth of the global market trends of the treatment of vertigo include, increase in the prevalence of central vertigo in developed countries such as the United States and Germany, the availability of drugs for dizziness, the increase in the ancient population and the increase in healthcare costs. Additionally, increased awareness of inner ear problems and increased demand for vertigo treatment drugs should provide opportunities for market growth. For example, according to the World Health Organization (WHO), in 2019 the number of people over the age of 60 was one billion. This number will increase to 1.4 billion by 2030.
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Based on the type, the market is divided into peripheral vertigo and central vertigo. Peripheral vertigo dominated the market in terms of revenue and is the fastest growing segment with a CAGR of 4.7% between 2022 and 2031, due to the higher prevalence of central vertigo and the increase in the incidence of dizziness among adults.
By Regions, in the vertigo treatment market analysis, North America had the highest market share in 2021 and is expected to maintain its leadership during the vertigo treatment market forecast period, owing to the increased demand for antihistamines for vertigo treatments and strong presence of key players. Main players. Furthermore, North America is advancing due to the availability of treatments and a well-established healthcare infrastructure. However, Asia-Pacific is expected to show the highest CAGR of 5.6% during the forecast period, due to increased awareness of vertigo conditions and their causes and government initiatives to develop better medical care.
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COVID-19 is an acute disease in humans caused by a coronavirus, which is characterized primarily by fever and cough and is capable of progressing to severe symptoms and in some cases death, especially in older people and those with pre-existing. The COVID-19 pandemic has slowed down the growth of vertigo treatment industry as anti-vertigo drug companies are struggling to manufacture and sell the drugs due to supply chain disruption and lockdown conditions. However, the vertigo treatment industry is forecasted to witness an upturn in 2021 and beyond and show a stable growth in the vertigo treatment market size in the foreseeable future.
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