Press release
Muscle Relaxants Market Trends, Growth Rates, Strategies and Global Forecast to 2022
Global muscle relaxants market is currently in a very crucial phase of transformation. There is mounting pressure to reduce costs, comply with stringent regulations and offer quality drugs to patients. At the same time, emerging market growth, aging population, increase in number of surgeries and favorable government legislation and increased healthcare spending is driving the demand for muscle relaxants.
The market for muscle relaxants reached a value of nearly REDACTED billion in 2017 and is expected to growat a compound annual growth rate (CAGR) of REDACTED to nearly REDACTED billion by 2022.
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The muscle relaxants market is fragmented with many small players in the market. Major players in the market are Mylan, Sanofi, Novartis, Pfizer and others. Centrally acting muscle relaxants accounted for the largest share of the market for muscle relaxants in 2017 at REDACTED. The highest growth is projected tocome from Facial muscle relaxants, which is forecast to grow at a CAGR of REDACTED. Major factors includedeconomic growth, technological developments and high demand of muscle relaxants from patients.
North America is the largest market for muscle relaxants, accounting for REDACTED of the global market. Itwas followed by Asia Pacific, and Western Europe. Going forward, Asia Pacific is expected to witness thefastest growth in the muscle relaxants market, estimated at a CAGR of REDACTED, followed by Africa,expected to grow at a CAGR of REDACTED.
The market is challenged by restraints such as severe side effects, high cost of medication, rising health concerns and stringent patency laws.
Scope of Report
This research report categorizes the muscle relaxants market by type. Segment type include centrally acting muscle relaxants, peripherally acting muscle relaxants and facial muscle relaxant.
Reasons for Doing This Study
Political support in form of investments in research and development, tax waivers and subsidies offered to the manufacturers as well as the users by the national and state governments has led to an increase in the demand of muscle relaxants market globally. Global industry leaders and large organizations see an expanded role for technological breakthrough, internet penetration, and mobile applications in the muscle relaxants industry.
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The global muscle relaxants market is growing due to in rise in aging population, growing awareness, increasing health care reforms, increasing number of surgeries and constant research and development in muscle relaxants by pharmaceutical companies in the industry. These factors along with technological advances such as internet penetration and specialized research and development are expected to drive the muscle relaxants industry."
"Report Scope:
This research report categorizes the muscle relaxants market by type. Segment type include centrally acting muscle relaxants, peripherally acting muscle relaxants and facial muscle relaxant.
Report Includes:
- 94 tables
- An overview of the global markets for muscle relaxants
- Analyses of global market trends, with data from 2013 to 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Discussion of what will impact the future market, including trends, strategies and characteristics
- Insight into macro economic factors, and key mergers and acquisitions in this market
- Competitive analysis focused on key players including Mylan N.V., Novartis AG, Pfizer Inc., Sanofi SA, Teva Pharmaceutical Industries Ltd."
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Currencies
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Muscle Relaxants Market Characteristics
Chapter 4 Muscle Relaxants Market Size and Growth
Historic Market Growth
Drivers of the Market
Restraints of the Market
Forecast Market Growth
Drivers of the Market
Restraints of the Market
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Chapter 5 Muscle Relaxants Market Trends and Strategies
Muscle Relaxants to Treat Mental Disorders
Technological Advances in Anti-Aging Treatments
Growing Popularity of E-Commerce Platforms
Combination Medications
Chapter 6 PESTLE Analysis
Political
Economic
Social
Technological
Legal
Environmental
Chapter 7 Muscle Relaxants Market Segmentation
Global Muscle Relaxants Market, By Segment
Global Muscle Relaxants Market, Historic and Forecast, By Segment, 2013-2022,
Centrally Acting Muscle Relaxants
Market Characteristics
Peripherally Acting Muscle Relaxants
Market Characteristics
Facial Muscle Relaxant
Market Characteristics
Chapter 8 Muscle Relaxants Market Regional and Country Analysis
Global Muscle Relaxants Market, By Region
Global Muscle Relaxants Market, 2013-2022, Historic and Forecast, By Region
Global Muscle Relaxants Market Segmentation, By Region, 2017
Global Muscle Relaxants Market, By Country
Global Muscle Relaxants Market, Historic and Forecast, By Country
Global Muscle Relaxants Market Segmentation, 2017, By Country
Chapter 9 Global Muscle Relaxants Market Comparison with Macro Economic Factors
Global Per Capita Average Muscle Relaxants Market Expenditure
Chapter 10 Asia-Pacific Muscle Relaxants Market
Asia-Pacific Muscle Relaxants Market Overview
Region Information
Market Information
Background Information
End User Customer Information
Government Initiatives
Major Contracts/ Research and Development Projects
Regulatory Bodies
Regulations
Taxes Levied
Corporate Tax Structure
Major Associations
Major Companies
Asia-Pacific Muscle Relaxants Historic Market, 2013-2017
Asia-Pacific Muscle Relaxants Market Forecast Market
Asia-Pacific Muscle Relaxants Market, By Segment
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