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Global Acute Migraine Drugs Market Size, Key Players and Drug Type: Ergot Alkaloids, Analgesics, Triptans, Others
Global Acute Migraine Drugs Market
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The global Acute Migraine Drugs market was worth USD 8.40 billion in 2021 and is anticipated to expand at a CAGR of 7.82% between 2023 and 2028. The rising prevalence of migraine among the working population, as well as increasing healthcare expenditure, are driving up demand for acute migraine medications.
Triptans are widely used migraine medications because they are selective serotonin receptor agonists. They work by increasing serotonin levels in the brain, which reduces inflammation and constricts blood vessels, thereby ending the headache or migraine. Triptans account for approximately 46% of the overall market share by drug type segment in 2021. For Mild pain treatment of Migraine, over-the-counter medications such as Naproxen, Ibuprofen, Aspirin, Acetaminophen, Pseudoephedrine, or phenylephrine are widely utilized.
Some of the key players in the global acute migraine drugs market include:
AbbVie Inc.
Allergan plc
Amgen Inc.
Eli Lilly and Company
GlaxoSmithKline plc
Johnson & Johnson
Novartis AG
Pfizer Inc.
Teva Pharmaceutical Industries Ltd.
The global acute migraine drugs market has been growing in recent years, driven by the increasing prevalence of migraine worldwide and the introduction of new and innovative drug therapies. In addition, the development of targeted therapies that address specific pathways involved in migraine pathophysiology is expected to further drive market growth in the coming years.
Direct Purchase of the Global Acute Migraine Drugs Market Research Report at https://www.reportsnreports.com/purchase.aspx?name=6848987
However, the market is also facing challenges such as competition from generics, regulatory hurdles, and the high cost of new and innovative therapies. In addition, the COVID-19 pandemic has had a significant impact on the healthcare industry, including the acute migraine drugs market, due to disruptions in supply chains, clinical trials, and healthcare delivery.
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