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Restless Legs Syndrome Market to see Rapid Growth by 2029

11-29-2023 01:48 PM CET | Health & Medicine

Press release from: Orion Market Research

Restless Legs Syndrome Market to see Rapid Growth by 2029

Restless legs syndrome market is projected to grow at a CAGR of 6.2% during the forecast period. The increase in the prevalence of restless legs syndrome (RLS) is a key factor responsible for the growth of the market. RLS is a disorder that is associated with the part of the nervous system that causes patients an urge to move the legs restlessly. According to the estimation of the National Institute of Neurological Disorders and Stroke (NIH), around 7-10 % of the US population has RLS. Moreover, the rising geriatric population further boosts the growth of the global market. As per the UN (United Nations), by 2050 around 1 in 6 (16%) citizens will be over the age of 65 years, globally, which was 1 in 11 (9%) in 2019. Old age, obesity, and snoring conditions lead to an increase in the rate of various types of sleep disorders which will create significant demand for diagnosis and treatment for obstructive sleep-wake disorders shortly. 

However, the high cost of drugs and therapy used for the treatment of restless leg syndrome coupled with low healthcare budget in some developing countries may hinder the growth of the market. For instance, the annual cost of Rotigotine (Neupro), a drug to treat used to treat restless legs syndrome and periodic limb movement disorder can cost up to $5,300 per year in the US. Huge R&D expenditure by market players for the development of the novel intervention is anticipated to create a considerable opportunity for market growth.  

To Request a Sample of our Report on Restless Legs Syndrome Market:  https://www.omrglobal.com/request-sample/restless-legs-syndrome-market

Restless Leg Syndrome Market Segmentation

By Treatment

Medication
Therapy
Devices

By End-User

Hospitals
Homecare
Others

A full Report of Restless Legs Syndrome Market is Available @  https://www.omrglobal.com/industry-reports/restless-legs-syndrome-market

Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles

Akorn, Inc. 
Arbor Pharmaceuticals, LLC
Boehringer Ingelheim GmbH
GlaxoSmithKline plc
Glenmark Pharmaceuticals Ltd.
Jazz Pharmaceuticals plc
Kyowa Hakko Kirin Co. Ltd. 
LGM Pharma
Mallinckrodt Pharmaceuticals 
Merck Co, Inc. 
Mylan N.V.
Pfizer, Inc.
Serina Therapeutics, Inc. 
Teva Pharmaceutical Industries, Ltd.
UCB S.A.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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