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Spinal cord injury therapeutics market

Spinal Cord Injury Therapeutics Market, By Drug Type (Corticosteroids, Muscle Relaxants and Anti-spastic Drugs, Non-steroidal Anti-inflammatory Drugs (NSAIDs), Anti-depressants, Anticonvulsants, Others), By Indication (Complete Spinal Cord Injury, Incomplete Spinal Cord Injury), By Application (Autonomic Dysreflexia (AD), Spasticity and Inflammation, Pain Management, Depression), By Route of Administration (Oral, Intravenous), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

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  • Oct 2023
  • CMI4305
  • 190 Pages
  • Excel & Pdf
  • Pharmaceutical

The global spinal cord injury therapeutics market is estimated to be valued at US$ 7.4 billion in 2023 and is expected to exhibit a CAGR of 5.4% during the forecast period (2023-2030).

Analysts’ Views on the Global Spinal Cord Injury Therapeutics Market:

Spinal cord injuries are the injuries caused to the 31 pairs of spinal nerves, which carry nerve signals from the brain to various parts of the body and also controls the arm and leg movements. The main cause of spinal cord injuries include trauma, loss of blood supply to spinal cord, and compression in spinal cord due to tumors or infections. Spinal cord injuries can be diagnosed with the help of various techniques such as X-ray, Magnetic Resonance Index (MRI), and Computed Tomography (CT). The increasing prevalence of traumatic spinal cord injuries is expected to drive the market growth over the forecast period. For instance, in 2020, according to the National Center for Spinal Cord Injury Statistical Center, the annual incidence of spinal cord injuries is approximately 54 cases in a million population.

Figure 1. Global Spinal Cord Injury Therapeutics Market Share (%), By Indication, 2023

Global Spinal Cord Injury Therapeutics Market - Drivers

  • Increasing incidence of orthopedic disorders and dysfunctions: The increasing incidences of orthopedic disorders and dysfunctions is expected to propel the growth of the global spinal cord injury therapeutics market over the forecast period. For instance, an article published in the National Center for Biotechnology Information (NCBI) Journal in September 2022 reported that the age-standardized point prevalence and annual incidence rates of orthopedic disorders and dysfunctions were 446.6 and 24.9 in 2021, which increased by 12.4% and 9.9% from 2010 around 7,522 cartilage restoration procedures which have been reported by the surgeons in the U.S.
  • Robust pipeline for the treatment of spinal cord injuries: The robust product pipeline for the treatment of spinal cord injuries that are estimated to launch over the forecast period is expected to drive the growth of the global spinal cord injury therapeutics market. For instance, in July 2020, Kringle Pharma Inc., a late clinical-stage biopharmaceutical company, initiated a phase III clinical trial study of KP-100IT HGF protein for the treatment of patients suffering from acute spinal cord injury. The study completed on September 30, 2022. Furthermore, in June 2020, the U.S. Food and Drug Administration (FDA) granted breakthrough designation to Go-2 targeted epidural spinal stimulation system indicated to promote leg monitor.

Figure 2. Global Spinal Cord Injury Therapeutics Market Share (%), By Region, 2023

Global Spinal Cord Injury Therapeutics Market - Regional Analysis

Among regions, North America is estimated to hold a dominant position in the global spinal cord injury therapeutics market over the forecast period. North America is estimated to hold 33.5% of the market share in 2023. The global spinal cord injury therapeutics market is expected to witness significant growth in the coming years, driven by the high prevalence of trauma injury cases, favorable health reimbursement, and increased awareness. The increasing prevalence of neurological disorders is contributing to the growth of the spinal cord injury therapeutics market in the North America region. For instance, according to the American Neurological Association (ANA), in March 2021, neurological diseases affect around 100 billion people in the U.S. This significant number of patients with a neurological disorder is expected to increase the number of neurosurgeries in the U.S., thereby driving the demand for spinal cord injury therapeutics in the U.S.

Global Spinal Cord Injury Therapeutics Market - Impact of Coronavirus (COVID-19) Pandemic

  • Since the COVID-19 virus outbreak in December 2019, the disease spread to over 100 countries across the globe, and the World Health Organization (WHO) declared it a public health emergency on January 30, 2020.
  • COVID-19 affected the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, the U.A.E., Egypt, and others, faced problems related to the transportation of commodities from one place to another.
  • However, the COVID-19 pandemic had a negative impact on the global spinal cord injury therapeutics market owing to reduction in the bed and operating room capacity, which further led to considerable delays in urgent and semi-elective surgical interventions. According to an American College of Surgeons (ACSs) 2021 report, the nature of surgery and anesthesia practices changed during the COVID-19 pandemic as the most elective and non-urgent cases were postponed. 

Spinal Cord Injury Therapeutics Market Report Coverage

Report Coverage Details
Base Year: 2022 Market Size in 2023: US$ 7.4 Bn
Historical Data for: 2018 to 2022 Forecast Period: 2023 to 2030
Forecast Period 2023 to 2030 CAGR: 5.4% 2030 Value Projection: US$ 10.7 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Drug Type: Corticosteroids, Muscle Relaxants and Anti-spastic Drugs, Non-steroidal Anti-inflammatory Drugs (NSAIDs), Anti-depressants, Anticonvulsants, Others
  • By Indication: Complete Spinal Cord Injury, Incomplete Spinal Cord Injury
  • By Application: Autonomic Dysreflexia (AD), Spasticity and Inflammation, Pain Management, Depression
  • By Route of Administration: Oral, Intravenous
  • By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Companies covered:

Teva Pharmaceutical Industries Ltd., AbbVie Inc, Pfizer Inc., Reddy's Laboratories Ltd, Zydus Cadila, ReNetX Bio, Inc, InVivo Therapeutics Holdings, Lineage Cell Therapeutics, Inc, Kringle Pharma, Inc., Acorda Therapeutics, Inc., Bioaxone Biosciences, Inc, RespireRx Pharmaceuticals Inc., NervGen, Rising Pharmaceuticals, Inc, ScieGen Pharmaceuticals, Inc, MSN Laboratories Private Limited, and Lannett Co Inc.
Growth Drivers:
  • Increasing prevalence of traumatic spinal cord injuries 
  • Robust product pipeline
Restraints & Challenges:
  • Potential side effects of drugs used in the treatment of spinal cord injury 

Global Spinal Cord Injury Therapeutics Market Segmentation:

The global spinal cord injury therapeutics market report is segmented based on drug type, indication, application, route of administration, distribution channel, and region.

  • By drug type , the market is segmented into corticosteroids, muscle relaxants and anti-spastic drugs, non-steroidal anti-inflammatory drugs, anti-depressants, anticonvulsants, and others. Out of which, corticosteroids is expected to hold a dominant position in the global spinal cord injury therapeutics market during the forecast period owing to growing product approvals.
  • By indication, the market is segmented into complete spinal cord injury and incomplete spinal cord injury. Out of which, complete spinal cord injury is expected to dominate the market over the forecast period, and this is attributed to increasing incidences associated with complete spinal cord injuries.
  • By application, the market is segmented into autonomic dysreflexia (AD), spasticity and inflammation, pain management, and depression. Out of which, pain management is expected to dominate the market over the forecast period, and this is attributed to increasing approvals of drugs associated with pain management.
  • By route of administration, the market is segmented into oral and intravenous. Out of which, oral is expected to dominate the market over the forecast period, and this is attributed to the maximum preference for oral administration of drugs associated with spinal cord injuries.
  • By distribution channel, the market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. Out of which, hospital pharmaies is expected to dominate the market over the forecast period owing to the growing number of prescriptions associated with spinal cord injuries.

Global Spinal Cord Injury Therapeutics Market - Cross Sectional Analysis:

Key players are making spinal cord injury therapeutics with advanced technologies in emerging economies, which is also expected to boost the demand for spinal cord injury therapeutics market in the North America region. For instance, on 12 September 2023, Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceuticals Industries Ltd., a biopharmaceutical company; announced 16 data presentations across its neuroscience portfoliohappening at Psych Congress on September 6-10 in Nashville. Once-daily AUSTEDO XR, a new formulation of twice-daily AUSTEDO was approved by the U.S. Food and Drug administration (FDA) in February 2023 for adults with chorea associated with Huntington’s disease (HD), and UZEDY, a long-acting formulation of risperidone for subcutaneous use, was approved by the U.S. FDA in April 2023 for adults with schizophrenia. TV-44749 is an investigational formulation of olanzapine currently being studied in adults with schizophrenia.

Global Spinal Cord Injury Therapeutics Market: Key Developments

  • In July 2023, NeuroSolv Therapeutics, a Belfast, Northern Ireland and Baltimore, U.S.-based ethical business, and AscellaHealth LLC, a global healthcare & specialty pharmacy solutions company, serving patients, life sciences manufacturers, payers, and providers, partnered to expand clinical trial development programme and accelerate regulatory approval procedures to optimize the prospect of bringing Perineline to market.
  • In July 2021, the U.S. Food and Drug Administration (FDA), granted Mitsubishi Tanabe Pharma Corporation, a global pharmaceutical company, fast track designation for MT-3921 from the U.S. Food and Drug Administration (FDA) for the treatment of spinal cord injury.
  • In August 2023, Kaneka Corporation, a Japan-based international chemical manufacturing company; initiated a Phase I/II clinical trial of human amnion-derived mesenchymal stem cells: KA-301 (hereafter, KA-301) for acute spinal cord injury. The cell preparations used in this clinical trial were manufactured using technology developed through a development project adopted by the Japan Science and Technology Agency (JST) under the Newly extended Technology transfer Program (NexTEP).
  • On September 25, 2023, NervGen Pharma Corporation, a clinical stage biotechnology company dedicated to developing innovative solutions for the treatment of nervous system damage, announced that the first subject has been dosed in the company’s landmark Phase 1b/2a proof-of-concept placebo-controlled clinical trial for its proprietary lead compound, NVG-291, in individuals with Spinal Cord Injury (SCI).
  • In September 2020, Abbvie, a company focused on discovering and delivering innovative medicines for various medical conditions, announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug and Fast Track Designations for elezanumab (ABT-555), an investigational treatment for patients following a spinal cord injury.
  • Such launches and approvals are expected to propel the market’s growth during the forecast period.

Global Spinal Cord Injury Therapeutics Market: Key Trends

Introduction of spinal cord injury therapeutics with support of rehabilitation centers

Technological development over the last several decades have created new possibilities for patients with spinal cord injury, offering them various donations and milestones. For instance, in July 2023, Spaudling Rehabilitation, a rehabilitation center recently received a milestone US$ 6 million gift, it is the second largest in Spaulding Rehabilitation’s history from an anonymous donor, which will support Spaulding Rehabilitation’s commitment to improving the lives of patients with Spinal Cord Injury (SCI).

Global Spinal Cord Injury Therapeutics Market: Restraint

Potential side effects of drugs used in the treatment of spinal cord injury  

  • Drugs, such as corticosteroids, non-steroidal anti-inflammatory drugs, anti-depressants, and anticonvulsants, are used in the treatment of spinal cord injury. These drugs have a wide range of curable and permanent side effects on the body of the patient continuously taking more than the prescribed dose of these drugs for a longer period of time. This is expected to restrain the market growth during the forecast period.
  • Epidural steroids injections (by which corticosteroids are administered) are mostly used in the treatment of spinal cord injury. Potential complications and adverse events associated with epidural steroids injections include bleeding, dural puncture nerve damage, cardiovascular system (heart) complications, risk associated with local anesthetics, and risk associated with steroids. Risks and complications are typically higher in epidural steroid injections administered above the L3 level.
  • Key players are focusing on developing advanced products with safety and cost effectiveness, which is expected to drive the market growth over the forecast period.

Global Spinal Cord Injury Therapeutics Market - Key Players

The major players operating in the global spinal cord injury therapeutics market include Teva Pharmaceutical Industries Ltd., AbbVie Inc, Pfizer Inc., Reddy's Laboratories Ltd, Zydus Cadila, ReNetX Bio, Inc, InVivo Therapeutics Holdings, Lineage Cell Therapeutics, Inc, Kringle Pharma, Inc., Acorda Therapeutics, Inc., Bioaxone Biosciences, Inc, RespireRx Pharmaceuticals Inc., NervGen, Rising Pharmaceuticals, Inc, ScieGen Pharmaceuticals, Inc, MSN Laboratories Private Limited, and Lannett Co Inc.

Definition: Spinal cord injury treatment involves a combination of medical interventions and rehabilitative therapies. Immediate medical care focuses on stabilizing the spine and preventing further damage. Surgical procedures may be performed to relieve pressure on the spinal cord or repair damaged structures. Rehabilitation aims to improve function, mobility, and quality of life through physical therapy, occupational therapy, and assistive devices. Ongoing research and advancements continue to explore potential therapies such as stem cell transplantation and neural prosthetics.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Drug Type
      • Market Snippet, By Indication
      • Market Snippet, By Application
      • Market Snippet, By Route of Administration
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Recent Test Launches
    • Epidemiology
    • Merger, Acquisition, and Collaborations
    • Regulatory Scenario
    • Key Developments
    • PEST Analysis
  4. Global Spinal Cord Injury Therapeutics Market - COVID-19 Impact Analysis
    • Economic Impact
    • COVID-19 Epidemiology
    • Impact on Supply and Demand
  5. Global Spinal Cord Injury Therapeutics Market, By Drug Type, 2018 - 2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018-2030
      • Segment Trends
    • Corticosteroids
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Muscle Relaxants and Anti-spastic Drugs 
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Non-steroidal Anti-inflammatory Drugs (NSAID’S)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Anti-depressants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Anticonvulsants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
  6. Global Spinal Cord Injury Therapeutics Market, By Indication, 2018 - 2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018-2030
      • Segment Trends
    • Complete Spinal Cord Injury
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Incomplete Spinal Cord Injury
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
  7. Global Spinal Cord Injury Therapeutics Market, By Application, 2018 - 2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018-2030
      • Segment Trends
    • Autonomic Dysreflexia (AD)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Spasticity and Inflammation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Pain Management
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Depression
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
  8. Global Spinal Cord Injury Therapeutics Market, By Route of Administration, 2018 - 2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018-2030
      • Segment Trends
    • Oral
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Intravenous
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
  9. Global Spinal Cord Injury Therapeutics Market, By Distribution Channel, 2018 - 2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018-2030
      • Segment Trends
    • Hospital Pharmacies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Retail Pharmacies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
    • Online Pharmacies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2030, (US$ Bn)
      • Segment Trends
  10. Global Spinal Cord Injury Therapeutics Market, By Region, 2018 - 2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018-2030
      • Segment Trends
    • North America
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth and By Drug Type, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Indication, 2018 - 2030, (US$ Bn
      • Market Size and Forecast, Y-o-Y Growth and By Application, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Route of Administration, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Distribution Channel, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, By Country, Y-o-Y Growth and By Country,  2018 - 2030, (US$ Bn)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth and By Drug Type, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Indication, 2018 - 2030, (US$ Bn
      • Market Size and Forecast, Y-o-Y Growth and By Application, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Route of Administration, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Distribution Channel, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, By Country, Y-o-Y Growth and By Country,  2018 - 2030, (US$ Bn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth and By Drug Type, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Indication, 2018 - 2030, (US$ Bn
      • Market Size and Forecast, Y-o-Y Growth and By Application, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Route of Administration, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Distribution Channel, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, By Country, Y-o-Y Growth and By Country,  2018 - 2030, (US$ Bn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth and By Drug Type, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Indication, 2018 - 2030, (US$ Bn
      • Market Size and Forecast, Y-o-Y Growth and By Application, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Route of Administration, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Distribution Channel, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, By Country, Y-o-Y Growth and By Country,  2018 - 2030, (US$ Bn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth and By Drug Type, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Indication, 2018 - 2030, (US$ Bn
      • Market Size and Forecast, Y-o-Y Growth and By Application, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Route of Administration, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Distribution Channel, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, By Country, Y-o-Y Growth and By Country,  2018 - 2030, (US$ Bn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth and By Drug Type, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Indication, 2018 - 2030, (US$ Bn
      • Market Size and Forecast, Y-o-Y Growth and By Application, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, Y-o-Y Growth and By Route of Administration, 2018 - 2030, (US$ Bn
      • Market Size and Forecast, Y-o-Y Growth and By Distribution Channel, 2018 - 2030, (US$ Bn)
      • Market Size and Forecast, By Country, Y-o-Y Growth and By Country/Region,  2018 - 2030, (US$ Bn)
        • North Africa
        • Central Africa
        • South Africa
  11. Competitive Landscape
    • Company Profiles
      • Teva Pharmaceutical Industries Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • AbbVie Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Pfizer Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Reddy's Laboratories Ltd
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Zydus Cadila
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • ReNetX Bio, Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • InVivo Therapeutics Holdings
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Lineage Cell Therapeutics, Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Kringle Pharma, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Acorda Therapeutics, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Bioaxone Biosciences, Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • RespireRx Pharmaceuticals Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • NervGen
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Rising Pharmaceuticals, Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • ScieGen Pharmaceuticals, Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • MSN Laboratories Private Limited
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Lannett Co Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
      • Other Prominent Players
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Strategies
  12. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 54 market data tables and 43 figures on “Global Spinal Cord Injury Therapeutics Market” - Global forecast to 2030

Spinal Cord Injury Therapeutics Market Detailed Segmentation:

  • By Drug Type:
    • Corticosteroids
    • Muscle Relaxants and Anti-spastic drugs
    • Non-steroidal Anti-inflammatory drugs (NSAID’S)
    • Anti-depressants
    • Anticonvulsants
    • Others
  • By Indication:
    • Complete Spinal Cord Injury
    • Incomplete Spinal Cord Injury
  • By Application:
    • Autonomic Dysreflexia (AD)
    • Spasticity and Inflammation
    • Pain Management
    • Depression
  • By Route of Administration:
    • Oral
    • Intravenous
  • By Distribution Channel:
    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Pharmacies
  • By Region:
    • North America
      • By Product Type:
        • Corticosteroids
        • Muscle Relaxants and Anti-spastic Drugs
        • Non-steroidal Anti-inflammatory Drugs (NSAID’S)
        • Anti-depressants
        • Anticonvulsants
        • Others
      • By Indication
        • Complete Spinal Cord Injury
        • Incomplete Spinal Cord Injury
      • By Application
        • Autonomic Dysreflexia (AD)
        • Spasticity and Inflammation
        • Pain Management
        • Depression
      • By Route of Administration
        • Oral
        • Intravenous
      • By Distribution Channel
        • Hospital Pharmacies
        • Retail Pharmacies
        • Online Pharmacies
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Product Type:
        • Corticosteroids
        • Muscle Relaxants and Anti-spastic Drugs
        • Non-steroidal Anti-inflammatory Drugs (NSAID’S)
        • Anti-depressants
        • Anticonvulsants
        • Others
      • By Indication
        • Complete Spinal Cord Injury
        • Incomplete Spinal Cord Injury
      • By Application
        • Autonomic Dysreflexia (AD)
        • Spasticity and Inflammation
        • Pain Management
        • Depression
      • By Route of Administration
        • Oral
        • Intravenous
      • By Distribution Channel
        • Hospital Pharmacies
        • Retail Pharmacies
        • Online Pharmacies
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Product Type:
        • Corticosteroids
        • Muscle Relaxants and Anti-spastic Drugs
        • Non-steroidal Anti-inflammatory Drugs (NSAID’S)
        • Anti-depressants
        • Anticonvulsants
        • Others
      • By Indication
        • Complete Spinal Cord Injury
        • Incomplete Spinal Cord Injury
      • By Application
        • Autonomic Dysreflexia (AD)
        • Spasticity and Inflammation
        • Pain Management
        • Depression
      • By Route of Administration
        • Oral
        • Intravenous
      • By Distribution Channel
        • Hospital Pharmacies
        • Retail Pharmacies
        • Online Pharmacies
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • Corticosteroids
        • Muscle Relaxants and Anti-spastic Drugs
        • Non-steroidal Anti-inflammatory Drugs (NSAID’S)
        • Anti-depressants
        • Anticonvulsants
        • Others
      • By Indication
        • Complete Spinal Cord Injury
        • Incomplete Spinal Cord Injury
      • By Application
        • Autonomic Dysreflexia (AD)
        • Spasticity and Inflammation
        • Pain Management
        • Depression
      • By Route of Administration
        • Oral
        • Intravenous
      • By Distribution Channel
        • Hospital Pharmacies
        • Retail Pharmacies
        • Online Pharmacies
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Product Type:
        • Corticosteroids
        • Muscle Relaxants and Anti-spastic Drugs
        • Non-steroidal Anti-inflammatory Drugs (NSAID’S)
        • Anti-depressants
        • Anticonvulsants
        • Others
      • By Indication
        • Complete Spinal Cord Injury
        • Incomplete Spinal Cord Injury
      • By Application
        • Autonomic Dysreflexia (AD)
        • Spasticity and Inflammation
        • Pain Management
        • Depression
      • By Route of Administration
        • Oral
        • Intravenous
      • By Distribution Channel
        • Hospital Pharmacies
        • Retail Pharmacies
        • Online Pharmacies
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • Corticosteroids
        • Muscle Relaxants and Anti-spastic Drugs
        • Non-steroidal Anti-inflammatory Drugs (NSAID’S)
        • Anti-depressants
        • Anticonvulsants
        • Others
      • By Indication
        • Complete Spinal Cord Injury
        • Incomplete Spinal Cord Injury
      • By Application
        • Autonomic Dysreflexia (AD)
        • Spasticity and Inflammation
        • Pain Management
        • Depression
      • By Route of Administration
        • Oral
        • Intravenous
      • By Distribution Channel
        • Hospital Pharmacies
        • Retail Pharmacies
        • Online Pharmacies
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
- Frequently Asked Questions -

What is the current market size and Compound Annual Growth Rate (CAGR) of the global spinal cord injury therapeutics market during the forecast period (2023-2030)?

The global spinal cord injury therapeutics market is estimated to be valued at US$ 7.4 billion in 2023 and is expected to exhibit a CAGR of 5.4% between 2023 and 2030.

What are the major factors driving the market growth?

Increasing prevalence of traumatic spinal cord injuries and robust product pipeline are expected to drive the market growth.

Which is the leading drug type segment in the market?

Corticosteroids is the leading drug type segment in the market.

What are the key factors hampering the growth of the market?

Potential side effects of drugs used in the treatment of spinal cord injury is expected to hinder the market growth over the forecast period.

Which are the major players operating in the market?

The major players operating in the market are Teva Pharmaceutical Industries Ltd., AbbVie Inc, Pfizer Inc., Reddy's Laboratories Ltd, Zydus Cadila, ReNetX Bio, Inc, InVivo Therapeutics Holdings, Lineage Cell Therapeutics, Inc, Kringle Pharma, Inc., Acorda Therapeutics, Inc., Bioaxone Biosciences, Inc, RespireRx Pharmaceuticals Inc., NervGen, Rising Pharmaceuticals, Inc, ScieGen Pharmaceuticals, Inc, MSN Laboratories Private Limited, and Lannett Co Inc.
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