The spasticity treatment market will register a CAGR of close to 4% by 2023

Tuesday, March 26, 2019 General News
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NEW YORK, March 25, 2019 /PRNewswire/ -- About this marketThe growing popularity of physical therapy is one of the

key factors driving the growth of global spasticity treatment market. Patients are increasingly adopting this physical therapy treatment because it has minimal side effects. Several advantages of physiotherapy are encouraging various hospitals to invest
in a physiotherapy center. Similarly, many healthcare authorities and hospitals of several countries are working on opening physical therapy centers in hospitals for the treatment of many chronic conditions such as spasticity. This will lead to increase patient adherence and is expected to drive the growth of the global spasticity treatment market during the forecast period. Analysts have predicted that the spasticity treatment market will register a CAGR of close to 4% by 2023.Read the full report: Market OverviewAvailability of advanced technologies for drug deliveryOne of the growth drivers of the global spasticity treatment market is the availability of advanced technologies for drug delivery. The growing novel drug delivery systems help in delivering the drugs to the target site for improving treatment efficacy, which will drive the market growth during the forecast period.A long time is taken to gain benefits in physical therapyOne of the challenges in the growth of the global spasticity treatment market is the long time taken to gain benefits in physical therapy. Several limitations such as long duration of physical therapy coupled with its high treatment costs and differences in service delivery create a negative impact on the growth of the market during the forecast period.For the detailed list of factors that will drive and challenge the growth of the spasticity treatment market during 2019-2023, view our report.Competitive LandscapeThe market appears to be moderately fragmented and with the presence of several vendors. The vendors in the market are focusing on developing neurostimulation devices to treat spasticity in combination with medications available because sometimes physical therapies are compounded by the adverse side-effects. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.Read the full report: About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: US: (339)-368-6001 Intl: +1 339-368-6001

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