EU Migraine Market Size, Share, Price, Trends, Growth, Analysis, Outlook, Report, Forecast 2023-2028

The EU Migraine Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global EU Migraine market. This report explores all the key factors affecting the growth of the global EU Migraine market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Description of the EU Migraine Drug Market

Research Scope and Assumption

The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)
The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis
We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses
All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis
Inflation has not been accounted for in order to estimate and forecast the market
Numbers may not add up due to rounding off

Reason to buy the report:

Facilitate decision-making based on strong current and forecast data for EU Migraine Drug Market
Develop strategies based on the latest regulatory framework
Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market
Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the Migraine Drug market
Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
To strategically profile key players and comprehensively analyze their market shares and core competencies
We have technically sound team which do a deep dive research and also provide strategy based consulting analysis

EU Migraine Drugs Market Executive Summary

EU Migraine Drugs Market, 2020-2028'to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, growth analysis along with challenges that are affecting the growth of the market are also stated in the report.

Market Size and Key Findings

The EU Migraine Market size stood at around USD 1.22 billion in 2021 and is projected to reach USD xx billion by 2026, exhibiting a CAGR of 4.4% during the forecast period.

EU Migraine Market is likely to grow at remarkable rate during the forecast period. Migraines are a source of both lost productivity and medical costs The European market is the second-largest migraine drug market in the world. Growing patient population and escalating awareness among the patients relevant to the control and treatment of migraine are accelerating the market growth Germany, and France are the major contributors to the European region's migraine drug market.

Market Dynamics

Market Growth Drivers Analysis

Prevalence of migraines is a crucial driver for this market. Today, many individuals suffer from migraine headaches. The rate of individuals getting these headaches is rising every year. The rise of these headaches is still unknown. However, the factors that trigger migraines are many. Lifestyle changes, poor food habits and underlying health conditions are factors causing migraine pain. Even though, it is not a chronic illness the severity of the headache is high. Some cases of migraine may fade away within minutes, days or weeks. However, if the condition continues proper checkups and drugs is essential to control.

Further, the patients already having migraine conditions require to take proper prevention drugs. Due to these factors, the demand for themigraine marketis immense for the forecast period. The awareness about migraine is inclining the customers to take proper clinical drugs to control it. Earlier, many mistake migraines for ordinary headaches. Today, the high awareness creates more demand for themigraine market. Migraine in the female population is another crucial driver for this market. More than men women suffer from migraines. It is another sector that will enhance the demand forthemigraine market.

Market Restraints

The side effects associated with migraine drugs is a major market restraint. Migraine drugs can provide immediate relief to the user. In the case of using preventive drugs, the risks of getting a migraine are lower. There are several benefits of taking proper migraine drugs.However, like any there drugs, the side effects of migraine drugs are restraining factors. Some of these side effects can be mild. In few cases, it can affect daily activities. Drowsiness, sleepy feeling and other side effects can hamper the demand for the market. The side effects of the drugs can impede themigraine medications marketgrowth.

COVID-19 impact on "EU Migraine Drug Market

The coronavirus pandemic has a damaging effect on several global markets. The health sector is busy with covid cases and patient care. The pharmaceutical and drug development industries demand rate is surging during this period. However, the market operations ofthemigraine marketare affected due to the virus outbreak. The pharmaceutical industry is testing various drugs for the treatment of covid 19. Also, the testing of migraine drugs for covid is creating a positive impact on the market. The research of various dirges is tremendous during this period. Most of the biopharmaceutical companies are using this period to develop the drugs. The migraine drug market is taking measures of the drug compositions and their effects. The extensive research on the migraine market will increase the demand. Also, more range of drugs and treatments will be available in the upcoming years. All this will benefit the overallmigraine market.

Competitive Landscape

The competition in themigraine marketis immense. The low-cost drugs by local competitors are a limitation in the market. Various product awareness strategies will happen in the market during the forecast period. Market acquisition, expansions, and innovation are part of the competitive landscape. The high investment will improve the overall performance of the market.

Key Players

Key players operating in the Europe Migraine Drugs Market profiled in this report are Allergan, GlaxoSmithKline, Pfizer, Endo, Impax Laboratories. The other prominent vendors the market include AbbottAenel BioPharma, Alder Biopharmaceuticals, Amgen, Astellas, Bayer, Colucid, Eli Lilly. ptelGenx, Ethypharm, Johnson & Johnson, Kowa Pharmaceuticals America, Klaria, Luitpold Pharmaceuticals, AstraZeneca, Meda, Dr. Redoy's Laboratories, OptiNose, Pfizer, Pozen, Eisai, Raptor, RedHill, SUDA, Teva, Aegis Therapeutics, Merck, TC Therapeutics, Nvaleant, Winston Pharmaceuticals, Allergan, and Zogenix.

Products in Pipeline

The Migraine Pipeline landscape is robust and fueled with new therapies which hold the promise to change the migraine treatment regimen in coming years.The key Migraine Pipeline drugs are Zavegepant, STS-101, Atogepant, LY-3451838, ALLOD 2, TRV-250, Prabotulinumtoxin A, HTL 0022562, UB 313, PUR-3100, TD 0148A, and others.

Notable Recent Deals

Biohaven Pharmaceutical Holding Companyand Pfizer havepartneredto market the Connecticut-based companys migraine drug Nurtec ODT (rimegepant) outside of the United States once approved by global regulatory organizations.

ForBiohaven, the partnership withPfizeris valued at up to $1.24 billion in combined upfront and milestone payments. Biohaven will also receive tiered double-digit royalties under the collaboration. Nurtec ODT is currently under review by the European Medicines Agency and several additional regulatory authorities outside of theU.S.

Healthcare Policies and Regulatory Landscape

Pricing and Reimbursement scenario of Migraine Drugs

The European Medicines Agency's (EMA)Committee for Medicinal Products for Human Use(CHMP) has recommended granting amarketing authorisationfor Emgality (galcanezumab), a monoclonal antibody for the prevention of migraine.

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Migraine Drug Market Segmentation

Treatment Type:

In terms of treatment type, the market is segmented in to Abortive Medicine and Preventive Medicine

Abortive Medicine
Preventive Medicine

Drug type:

The drugs which are used for the treatment of the migraine include the likes of Anticonvulsant, Antidepressant, Beta Blocker, Triptans (Serotonin Receptor Agonists), Ergotamine Derivative. Moreover, the report provides information and revenues of the major branded drugs in the market for migraine

Anticonvulsant
Beta Blocker
Triptans (Serotonin Receptor Agonists)
Ergotamine Derivative
Route of Administration:
The EU migraine drugs market is segmented into oral, injectable and others. Other's segment of route of administration includes nasal sprays, transdermal patches, etc. Low cost and vast availability of orally administrable drugs is projected to contribute for dominating share of oral segment of route of administration.
Oral
Injection
Others

Distribution Channel:

Hospital-based Pharmacies
Retail Pharmacies
Online Pharmacies

Based on the Based on Distribution Channel, the market is bifurcated into Hospital-based Pharmacies, Retail Pharmacies, Online pharmacies and Others

End-users:

The end-users segment of market has male and female. The female user's segment registers for the highest market share in 2019 and is set to continue for the forecast period 2020-2028, owing to the increased migraine issue in the female population. According to a study conducted by different organizations, it is found that females need more meditation as they are more severe to the migraine than that of males. The male population using drugs for migraine are increasing but not as much as the female population. Increased research and development of new drugs are driving the growth of the market during the forecast period 2020-2025.

Male
Female

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global EU Migraine Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global EU Migraine Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the EU Migraine market
Chapter 2: Exclusive Summary - the basic information of the EU Migraine Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the EU Migraine
Chapter 4: Presenting the EU Migraine Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the EU Migraine market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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