Press Release

TMRR recently published a market study on the global Tinnitus market that sheds light on the various trends that are playing an imperative role in shaping the growth of the Tinnitus market. The report provides a detailed analysis of the Tinnitus supply chain, value chain, and business execution across various regional markets. According to the study, the Tinnitus market is slated to witness a CAGR growth of ~XX% during the forecast period (2019-2029) and exceed market value of ~US$ XX by the end of 2019.

Furthermore, the report includes the company profiles of some of the most established market players operating in the Tinnitus market. The market share, regional presence, pricing strategy, marketing strategy, revenue growth, and product portfolio of each company is provided in the presented market study. The various market players included in the report include, company 1, company 2, company 3, and company 4.

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Important Takeaways from the Tinnitus Market Report

  • Analysis of the micro and macro-economic factors likely to impact the dynamics of the Tinnitus market
  • Important trends and developments in the Tinnitus market
  • The projected growth of each market segment and sub-segment
  • Winning strategies of stakeholders in the Tinnitus market
  • Recent innovations, product launches, technological advances

Key Trends 

High prevalence of tinnitus and the lack of any approved treatment options drive the development of drugs to treat this condition. The tinnitus treatment market is expected to offer immense opportunity to pharmaceutical and medical device companies. Various research institutes and organizations are focusing on development of drugs to treat tinnitus and remarkable advancements in research related to this condition have been made. For example, in May 2017, Sound Pharmaceuticals was awarded US$ 1.6 Mn by the Cystic Fibrosis Foundation Therapeutics to prevent and treat tinnitus caused by antibiotics.

Rising investment in the research & development of treatments for tinnitus is expected to lead to the launch of novel drugs in the near future. Several pharmaceutical companies are currently conducting clinical trials of drugs to treat tinnitus. Over 10 clinical studies on drugs for the treatment of tinnitus are currently underway. In January 2017, Auris Medical Holding AG announced resumption of enrollment for TACTT3 phase 3 trial of Keyzilen, its candidate for the treatment of acute inner ear tinnitus.

Global Tinnitus Market: Insight into Key Participants 

Companies in the tinnitus market such as Auris Medical and Merz Pharmaceuticals GmbH have their candidate products in pipeline which are expected to be launched in the next few years. Moreover, medical device companies such as Oticon Medical are conducting clinical trials on cochlear implant products. Key players engaged in tinnitus therapeutics development are Auris Medical Holding AG, AudioCure Pharma GmbH, Knopp Biosciences LLC, Merz Pharma GmbH & Co KgaA, and Otonomy, Inc.

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The report aims to clarify some key doubts pertaining to the Tinnitus market such as:

  1. What is the estimated revenue growth of the Tinnitus market through the forecast period?
  2. Which region is expected to generate the highest revenue during the assessment period?
  3. What are the leading market players operating in the Tinnitus market?
  4. What are the most suitable marketing and promotional channels for market players in the Tinnitus market?
  5. What are the factors that are likely to hinder the growth of the Tinnitus market in the upcoming years?

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