Press release
The Fibromyalgia Antidepressants Market to witness an influx of robotic surgeries at a CAGR of 8.1%
As per Persistence Market Research's latest industry analysis, the global fibromyalgia antidepressants market was valued at US$ 440.8 Mn in 2020 and is expected to exhibit a healthy CAGR of 8.1% over the forecast period (2022-2031).Rising prevalence of fibromyalgia caused due chronic back pain, previously associated spinal injury, trauma, osteoarthritis, road accidents, and musculoskeletal disorders are expected to drive demand for better treatment along with effective medications for fibromyalgia. Thus, demand for improved treatment with fibromyalgia antidepressants is expected to provide a positive impetus to market growth.
Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/32898
Treatment cost with branded drugs is significantly higher, and it is expected to remain high when compared with generic drugs or other off-label drugs. These higher costs will drive demand for generic drugs. The generic versions of these drugs are likely to see high demand in low-income economies or in economies where these products are limited or not available.
Consolidation activities, mergers, and acquisitions have emerged as a key growth strategy among industry leaders. This trend is quite evident in key markets for fibromyalgia antidepressants.
For instance, the recent acquisition of Allergan plc by AbbVie Inc. in May 2020. This acquisition enabled AbbVie to strengthen its presence across key therapy areas, including immunology, hematologic oncology, and neuroscience.
Similarly, in June 2019, Eli Lily received FDA approval for its migraine drug Emgality, for its use in the treatment in management of cluster headaches.
Company Profiles:
Pfizer, Inc.
Eli Lilly and Company.
AbbVie, Inc
TONIX Pharmaceuticals Holdings Corp
Virios Therapeutics, Inc.
Aptinyx Inc.
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/32898
Key Takeaways from Market Study
In terms of drug class, duloxetine HCL drug holds around 57.8% market value share. Growth is primarily attributed as duloxetine HCL mainly used to treat patients with diabetes and long-term chronic pain.
Based on distribution channel, hospitals pharmacies are leading with over 46% market share, as more patients are consulted at hospitals for fibromyalgia.
By region, North America is set dominate the global market with a value share of around 45.8% in 2021. Europe is slated to be the second-largest leading regional market with a value share of around 20.5% in 2021.
"Rising number of cases of fibromyalgia and better availability of fibromyalgia antidepressant medication areexpected to drive market growth over the coming years," says an analyst of Persistence Market Research.
Market Competition
New product launches and approvals, agreements, collaborations, and partnerships have emerged as key growth strategies adopted by industry players. By focusing on these strategies, key stakeholders are expanding their geographic footprints and strengthening their existing product portfolios.
In January 2021, Eli Lilly acquired pharmaceutical rights from Aashi Kahei Pharma of its experimental drug in early-stage testing for managing chronic pain.
In October 2020, Eli Lily entered into a collaboration agreement with Daichi Sankyo in Japan for the commercialization of Galcanezumab, an anti-CGRP antibody, which has potential use in the treatment of migrane.
In July 2019, FSD BioSciences, Inc. acquired a U.S.-based company Prismic Pharmaceuticals, which is engaged in developing novel therapies for fibromyalgia treatment.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the fibromyalgia anti-depressants market in its latest study, presenting historical demand assessment of 2016 - 2020 and projections for 2021 - 2031.
The research study is based on the drug class (venlafaxine, duloxetine HCL, milnacipran HCL, and others), distribution channel (hospital pharmacies, retail pharmacies, drug stores, online sales), and seven key regions of the world.
Get up to 20% discount on Full Report Purchase @ https://www.persistencemarketresearch.com/checkout/32898
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Fibromyalgia Antidepressants Market to witness an influx of robotic surgeries at a CAGR of 8.1% here
News-ID: 2817099 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Eli
Epic Eli Returns with Emotionally Charged Single 'Blindfold'
Independent hip-hop artist and genre-blurring storyteller Epic Eli is back with "Blindfold," a deeply personal and reflective new single arriving August 1st on all major streaming platforms. Stripped-back yet impactful, "Blindfold" trades heavy synths for vulnerability, beginning with raw acoustic guitar chords before gradually building into a moody, modern trap beat - a sonic metaphor for the emotional unraveling that unfolds in the lyrics.
"Blindfold" explores the disillusionment that follows emotional…
Eli Primmer Has done it again!
Eli Primmer released his latest single ""Running This town" earlier today (April 5th, 2024) And even though it's an a capella song, it immediately became a hit!
Fans have commented that this song is their NEW FAVOURITE, and that they're even more excited for the release of Eli Primmer's upcoming album! ""Running this town" is Primmer's way of telling the haters to ""back off" and how he's running this town so…
Eli Primmer's new album!
Eli Primmer Set to Release New Album, "Timeless Happiness". Singer-songwriter Eli Primmer has announced the forthcoming release of his highly anticipated new album, "Timeless Happiness." The album is scheduled to drop on June 23, 2024, and is a captivating blend of pop and R&B sensibilities. Encompassing 11 tracks, "Timeless Happiness" showcases Primmer's signature blend of infectious melodies, heartfelt lyrics, and production excellence. The album is a journey through love, loss,…
Cannabis Testing Market by Top Key Players - Agilent Technologies, Perkin Elmer, …
Cannabis testing defines various drug test methods for the usage of cannabis in medical prescription, sports medicine, and law. The rapidly increasing applications of cannabis (marijuana) in mainstream medicine such as pain management is poised to increase demand for cannabis testing measures.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2872404?utm_source=RK&utm_medium=OPR
The Cannabis Testing Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and…
Insulin Pen Market 2017- Novo Nordisk , Eli Lilly , Sanofi
Insulin Pen Market is likely to reach more than US$ 12 Billion across the ten major markets (10MM) of the United States, France, Germany, Italy, Spain, United Kingdom, Japan, China, India and Brazil by the year end of 2022.
Market growth can be attributed to factors such as growing diabetes patient population, high adoption rate, user–friendly design, rising popularity among consumers, help avoid over/under–dosing of insulin, rising market demand for human…
Global Raloxifene Hydrochloride Market 2017 - Eli Lilly, InvaGen Pharmaceuticals
The report entitled Global Raloxifene Hydrochloride Market 2017 presents key insights into the global Raloxifene Hydrochloride market along with the latest up-to-date industry details and forthcoming Raloxifene Hydrochloride industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability.
Report Keynotes:
The main motive of the report on "Global Raloxifene Hydrochloride Market 2017" is to study comprehensive details of the market…