Migraine Drugs Market SizeLatest Advancements, Top Players, Cost Structure and Profit Analysis 2019-2025
According to MRFR analysis, the Global Migraine Drugs Market Size is expected to register a CAGR of 5.9% during the forecast period of 2019 to 2025 and was valued at USD 4.4 billion in 2018.
Migraine is a common neurovascular sickness that is characterized by tender headaches and is commonly associated with other neurological indications, such as nausea, vomiting, and painful sensitivity to lights and sounds. Migraine is more common in women than men, majorly due to the fluctuations in the hormone levels. Approximately 12% of the US population suffered from migraine headaches in 2018. The treatment of migraine headaches is eased by the administration of preventive medications, to avoid migraine attacks and abortive medications to relieve strong and periodic pain.
The growth of the global Migraine Drugs Market Size is driven by various factors such as an increasing global geriatric population, rising prevalence of migraine, growing awareness about migraine in developing economies, rising R&D investment for the development of innovative drugs for the treatment of migraine, and increasing demand for better treatment methods for migraine. However, stringent government regulations, high investment required for drug research & development, and side-effects of medications prescribed for migraine are the factors that are expected to limit the growth of the global Migraine Drugs Market Size during the forecast period.
The “Migraine Drugs Market Size” In-Depth competition analysis of the major companies in the report, sector of the report includes the market depictions, requirements, and product portrayals, manufacture, competence, contact figures, cost, and revenue.
The Migraine Drugs Market Size Free Growth Sample will provide valuable insight with an emphasis on the global market including some of the major players such As, Allergan Plc (Ireland), Alder Biopharmaceuticals, Inc. (US), Pfizer Inc. (US), GlaxoSmithKline Plc (UK), Merck & Co., Inc. (US), Teva Pharmaceutical Industries Ltd (Israel), AstraZeneca Plc (UK), Johnson & Johnson Services, Inc. (US), Amgen Inc (US), Eli Lilly and Company, and eNeura Inc.
Market Segmentation
The global Migraine Drugs Market Size has been segmented based on type, treatment, drug class, and end user.
The global Migraine Drugs Market Size has been segmented, on the basis of migraine-type into episodic migraine and chronic migraine.
The global Migraine Drugs Market Size has been segmented, on the basis of treatment type, into, acute, preventive, neuromodulation, and others.
The acute segment is expected to hold the majority share of the market as the prevalence of acute migraine is high, and most of the drugs manufactured by major companies are for the treatment of acute migraine.
The global Migraine Drugs Market Size has been segmented, on the basis of drug class, into beta-blockers, Angiotensin Blockers, tricyclics, anticonvulsants, triptans, and others.
Triptons are the most preferred type of drugs class for migraine patients due to its high efficacy. It holds the major share in the market by drug class. Approximately 80% of the migraine patients are treated with Triptans, and more than 40% of the patients suffering from cardiovascular diseases with migraine were treated with triptans in 2018.
Migraine Drugs Market Size Segment by Regions, regional analysis covers:
- North America(United States, Canada and Mexico)
- Europe(Germany, France, UK, Russia and Italy)
- Asia-Pacific(China, Japan, Korea, India and Southeast Asia)
- South America(Brazil, Argentina, Colombia etc.)
- Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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The report also appraises the supervisory scenarios which affect various decisions in the market. With all the data congregated and scrutinized using SWOT analysis, there is a vibrant picture of the competitive scenario of the Global Migraine Drugs Market Size. Openings for the future market growth were uncovered and preoccupied competitive threats also textured.
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