PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1638738
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1638738
The Global Complex Regional Pain Syndrome (CRPS) Market was valued at USD 109 million in 2023 and is projected to grow at a CAGR of 2.4% from 2024 to 2032. Growth in this market is largely driven by the advancements in diagnostic technologies, rising prevalence of chronic pain conditions, and an increasing focus on personalized treatment approaches.
Pharmaceutical and biotechnology companies are actively developing CRPS-specific therapies aimed at reducing the duration and severity of symptoms. Cutting-edge diagnostic technologies enable earlier and more accurate identification of CRPS, leading to faster interventions and improved outcomes. Non-invasive diagnostic imaging and targeted pharmacological treatments are becoming more prevalent, allowing for a personalized approach that addresses each patient's unique condition and pain profile.
The CRPS market is segmented by disease type into CRPS I, CRPS II, and CRPS-NOS, with CRPS I, also known as Reflex Sympathetic Dystrophy, accounting for a significant share of USD 91.2 million in 2023. Representing approximately 90% of CRPS cases, CRPS I occurs following an injury or illness without direct nerve damage to the affected area. Growing awareness and advancements in diagnostics are spurring demand for effective treatments, further propelling market growth.
Market Scope | |
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Start Year | 2023 |
Forecast Year | 2024-2032 |
Start Value | $109 Million |