Press release
Migraine Drugs Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030
A full report of Global Migraine Drugs Market is available at: https://www.omrglobal.com/industry-reports/migraine-drugs-market
Some of the strategies that are majorly being adopted by these players include new products offering, expansion, partnership & collaboration, and mergers & acquisitions among others. For instance, Allergan's Ubrogepant and Eli Lilly's Lasmiditan are the migraine drugs based on the advanced mechanism of action.
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In February 2020, Biohaven Pharmaceutical Holding Co. Ltd.'s oral pill known as Nurtec ODT, chemically known as rimegepant was approved by the US FDA. This drug is consumed for dismissing the pain after the onset of migraine headaches. The dug falls under CGRP and directly competes with the first approved Allergan Plc's Ubrelvy.
In December 2019, the migraine drug Ubrogepant (Ubrelvy) manufactured by Allergen Plc has been approved by the US FDA. Ubrogepant is the CGRP drug in tablet form which is meant to be taken immediately after the onset of migraines by adults.
In September 2018, Ajovy, a migraine drug manufactured by Teva Pharmaceutical Industries Ltd. received US regulatory approval. Ajovy is an injectable drug that is to be taken in a few months for relieving migraines in adults.
In May 2018, Aimovig, the drug manufactured by Amgen Inc. received the US FDA approval. The drug is given monthly by self-injection and charges up to $575 monthly in the US. The company manufactured Aimovig in partnership with Novartis International AG, a Swiss multinational pharmaceutical company.
Current Market Trends Covered in the Global Migraine Drug Market Report:
Increased healthcare spending and improving healthcare infrastructure is influencing the global migraine drugs industry growth during the forecast period.
Shifting consumer preferences towards the use of injections for a quicker relief is expected to provide ample growth opportunities for market growth.
The injection segment will account for significant growth in the market.
The novel drug innovations, various regulatory approvals, and geographical expansions will be the key strategy of the players.
North America region is expected to hold a prominent share in the migraine drugs market.
Global Migraine Drugs Market - Segmentation
By Type
Acute Migraine Treatment
Preventive Migraine Treatment
By Route of Administration
Oral
Injectable
Others (Spray)
Global Migraine Drugs Market - Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Allergan Plc
Amgen Inc.
Astrazeneca PLC
Bausch Health Companies Inc.
Biohaven Pharmaceutical Holding Co. Ltd.
Reddy's Laboratories Ltd.
Eli Lilly & Co.
GlaxoSmithKline Plc
Lundbeck A/S
Johnson & Johnson Services Inc.
Merck & Co. Inc.
Mylan N.V.
Novartis International AG
Neurelis, Inc.
Pfizer Inc.
Sanofi SA
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
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