Press release
Global Muscle Relaxant Drug Market Growth, Size, Share, Industry Report and Forecast 2020-2026
The global muscle relaxant drug market is projected to grow at a significant CAGR during the forecast period. The key factors that drive the global market growth include the rising number of geriatric populations, increased number of surgeries, approvals of new label indications, and rapid innovations. Baclofen, dantrolene, and tizanidine are among the three muscle relaxants approved by the FDA to treat spasticity. Whereas, methocarbamol, metaxalone, carisoprodol, chlorzoxazone cyclobenzaprine, and orphenadrine are approved to treat muscle spasm.To Request a Sample of our Report on Global Muscle Relaxant Drug Market: https://www.omrglobal.com/request-sample/muscle-relaxant-drug-market
Further, the key players operating in the global muscle relaxant drug industry is driving the market growth. Players such as AbbVie Inc., Acorda Therapeutics Inc., Cadila Healthcare Ltd., Dr. Reddy's Laboratories Ltd., Johnson & Johnson Services Inc., Merck & Co. Inc., Mylan NV, Orient Pharma Co. Ltd., Par Pharmaceutical Inc., and Pfizer Inc. are significantly contributing to the muscle relaxant drug market growth by adopting various growth strategies. Product launches & developments, partnerships, agreements, and acquisitions are among some of the strategies adopted by the players to sustain in a competitive muscle relaxant drug market during the forecast period.
In September 2017, Dr. Reddy's Laboratories Ltd. launched the anti-depressant muscle relaxant tablet in the US. The company launched Bupropion Hydrochloride extended-release tablets for treating depressive disorder along with the launch of Metaxalone tablets to affluence the discomforts associated with acute, painful musculoskeletal conditions.
In June 2017, Ipsen Biopharmaceuticals Inc. entered into a three-year agreement with Saol Therapeutics Inc. for the promotion and marketing of Dysport (abobotulinumtoxinA) for injection for approved therapeutic indications in adult spasticity and pediatric lower limb spasticity in the US.
In March 2017, the US FDA approved Cadila Healthcare Ltd. or Zydus Cadila for the marketing of tizanidine hydrochloride capsules, a muscle relaxant, in the US market.
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A full Report of Global Muscle Relaxant Drug Market is Available at: https://www.omrglobal.com/industry-reports/muscle-relaxant-drug-market
Current Market Trends Covered in the market report:
• Increased investments by the companies to leverage the customers with a wide range of drugs is positively affecting the muscle relaxant drug market growth during the forecast period
• North America region will contribute a significant share in the market
• Novel drug development and innovations are expected to be the key strategies adopted by the key players to gain a competitive edge in the global muscle relaxant drug industry across the globe
Global Muscle Relaxant Drug Market – Segmentation
By Product Type
• Peripherally Acting Muscle Relaxants
• Facial Aesthetic Relaxants
• Centrally Acting Muscle Relaxants
By Formulation
• Oral
• Injectable
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe
Asia-Pacific
• India
• China
• Japan
• Rest oF APAC
Rest of The World
Company Profiles
• AbbVie Inc.
• Acorda Therapeutics Inc.
• Aurobindo Pharma Ltd.
• Cadila Healthcare Ltd.
• DBL Pharma Inc.
• Dr. Reddy's Laboratories Ltd.
• Endo Pharmaceuticals Inc.
• Ipsen Biopharmaceuticals Inc.
• Johnson & Johnson Services Inc.
• Merck & Co. Inc.
• Mylan NV
• Neurana Pharmaceuticals
• Novartis International AG
• Orient Pharma Co. Ltd.
• Par Pharmaceutical Inc.
• Pfizer Inc.
• Vertical Pharmaceuticals LLC
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3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/muscle-relaxant-drug-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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