Benzodiazepine Market To Grow At a Stunning Double Digit CAGR Till 2022 |By Major Vendors AstraZeneca, Eli Lilly and Company, Forest Laboratories, Etc

Market Research Future published a research report on Global Benzodiazepine Market and predicts that Global Benzodiazepine Market is expected to grow at a healthy CAGR of 2.3% during the forecasted period and report include market Analysis, Scope, Stake, Progress, Trends and forecast till 2022.

Benzodiazepines (BZD) are a class of psychoactive drugs with sedative, hypnotic (sleep-inducing), anti-anxiety, anticonvulsant, and muscle relaxant properties. Benzodiazepines (BZD) are useful in treating anxiety, insomnia, agitation, seizures, muscle spasms and alcohol withdrawal.

The sale of Benzodiazepine has been declining due to their addictive side effects and the rise of alternate drugs such as selective serotonin reuptake inhibitors. However the last few years have witnessed a moderate rise in the sale of Benzodiazepines. The lack of efficacy and slow onset of action of selective serotonin reuptake inhibitors along with the fear of falling back on first generation anti-psychotic (barbiturate class) drugs have negated any market moves against Benzodiazepines. Development of short acting Benzodiazepines is an additional advantage in favour of barbiturates.

The Global Benzodiazepine Market has been evaluated as a slowly growing market and it is expected that the market will reflect sluggish growth figures in future. The global Benzodiazepine Market is expected to grow with CAGR of ~ 1.5% to 2.3 % during the forecast period.

The major participants of this market are: AstraZeneca plc, Eli Lilly and Company, GlaxoSmithKline plc, Pfizer, Inc., Sanofi S.A. and Merck & Co., Inc.

Thus taking all these factors together, we expect the Benzodiazepine Market to grow at a CAGR of 1.5% to 2.3% by 2022. The International Narcotics Control Board (INCB) reported that Italy (32 %), India (19 %), China (11 %) and Germany (10 %) were the leading manufacturers between 1997 and 2006.

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Key Players for Global Benzodiazepine Market

Some of the key players of this market are AstraZeneca plc, Eli Lilly and Company, Forest Laboratories, Inc., GlaxoSmithKline plc, H. Lundbeck A/S, Johnson & Johnson, Merck & Co., Inc., Pfizer, Inc. and Sanofi S.A.

Segments for Global Benzodiazepine Market

Global Benzodiazepine Market has been segmented on the basis of applications (anxiety, insomnia, agitation, seizures, muscle spasms and alcohol withdrawal symptoms and as anesthesia supplements. On the basis of time of action the market is segmented into long acting and short acting Benzodiazepines.

Regional Analysis for Global Benzodiazepine Market

Globally North America is the largest market for Benzodiazepine. The North American market for Benzodiazepine is expected to reach at USD 2.4 billion by the end of the forecast period of 2016-2022. Europe is the second-largest market for Benzodiazepine. Asia pacific region is expected to be fastest growing region in Benzodiazepine Market.

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Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

TOC Continued…

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