Press release
Migraine Therapeutics Market Estimated to Rise Profitably with CAGR of 8.4% during 2018-2023 (Allergan, Amirall, AstraZeneca, CoLucid Pharmaceuticals, GlaxoSmithKline, Merck, NeurAxon, Pfizer)
Marketprognosis.com Publish a New Market Research Report On “Global Migraine Therapeutics Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.Overview of the Global Migraine Therapeutics Market:
The Global Migraine Therapeutics Market is expected to grow, at a CAGR of 8.4% over the forecast period, 2018-2023.
Migraine is a complex neurological condition, characterized by frequent headaches that can last between four and 72 hours. The pain is often unilateral and pulsating in nature, which can often be worsened by physical activity. In most cases, migraine is associated with symptoms such as photophobia, phonophobia, osmophobia, nausea, vomiting, loss of appetite, and sometimes sensory disturbances.
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Migraine is a neurological disorder which can show incapacitating neurological symptoms. Migraine has been considered as the 3rd most prevalent disorder and 6th most disabling illness worldwide (according to the migraine trust). Migraine affects 18% of women and 6% of men in US. Migraine is mostly common in ages of 25 to 55. More than 4 million adults experience chronic daily migraine and it is estimated that approximately 1 out of 4 U.S. households has at least 1 person with migraine.
Due to the high unmet needs the major pharmaceutical companies have initiated several R&D programs to launch new molecules and are trying to increase the market access of the generic formulations across the globe. Moreover, the growing awareness of migraine therapeutics and improvement in accurate diagnosis of the condition are expected to favor the market expansion over the next few years.
About 37 million people in US suffer from migraine, however, the numbers can be much higher owing to the number of undiagnosed silent migraines. A silent migraine is a type of migraine that does not have headache as one of its characteristic symptoms. Symptoms for a silent migraine revolve around the type of a migraine that it is, as in case of vestibular migraine particularly affects the vestibular system which controls balance. Which results in the primary symptoms to be may be dizziness, vertigo, nausea, and vomiting. In this case there is a lack of a headache. These patients who bypass proper diagnosis would otherwise have been potential users of migraine therapeutics. This will lead to the slowdown of the growth of this market along with other factors such as adverse effects of drugs, increased preference for alternative therapies and generic penetration.
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APAC is quickly emerging as the fastest-growing region in the migraine drugs market and is expected to grow at approximately a CAGR of about 6% during the forecast period. The primary reason for this region’s growth is the increasing the number of migraine cases and growing public awareness about the disease. India and China are the major markets in this region as the prevalence of migraine is high in these countries. The growing focus on new product launches and the high penetration of drug manufacturers will aid in the growth of the market in APAC during the forecast period.
Major Key Players:
1 Allergan
2 Amirall
3 AstraZeneca
4 CoLucid Pharmaceuticals
5 GlaxoSmithKline
6 Merck
7 NeurAxon
8 NuPathe
9 OptiNose
10 Pfizer and More…………..
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2023?
3 What are the technologies & innovation trends, how will they evolve by 2023?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Migraine Therapeutics Market.
Table of Contents:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Key Inferences
5 Market Overview
6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)
7 Market Segmentation
8 Competitive Landscape
9 Key Players
10 Future Outlook of the Market
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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