openPR Logo
Press release

Gabapentin Market is Projected to Expand at a CAGR of 4.37% to reach USD 3,036.38 Million by 2032

05-02-2024 11:58 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Gabapentin Market

Gabapentin Market

๐€๐œ๐œ๐จ๐ซ๐๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ ๐š๐›๐š๐ฉ๐ž๐ง๐ญ๐ข๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ,๐Ÿ—๐Ÿ–๐Ÿ.๐Ÿ”๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก ๐”๐’๐ƒ ๐Ÿ‘,๐ŸŽ๐Ÿ‘๐Ÿ”.๐Ÿ‘๐Ÿ– ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ’.๐Ÿ‘๐Ÿ•% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐.

Gabapentin is an anticonvulsant medication primarily used in the treatment of seizures and other neuropathic conditions. Along with controlling seizures and relieving nerve pain, gabapentin finds applications in the treatment of moderate-to-severe primary restless leg syndrome. It works by reducing the excitability of the brain's nervous cells, which are responsible for seizures and transmission of pain signals. Gabapentin is available in several forms, including tablets, oral solutions, and capsules. It's taken with or without food, as directed by the healthcare provider.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/gabapentin-market/request-for-sample

๐“๐จ๐ฉ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

The gabapentin market is characterized by fragmentation. Several players are focusing on strategies such as mergers, acquisitions, and collaborations to garner a larger industry share. Some of the top players operating in the industry include:

โ€ข Pfizer Inc.
โ€ข Teva Pharmaceutical Industries Ltd.
โ€ข Sun Pharmaceutical Industries Ltd. Aurobindo Pharma Ltd.
โ€ข Lupin Limited
โ€ข Mylan N.V.
โ€ข Cipla Limited
โ€ข Hikma Pharmaceuticals PLC
โ€ข Arbor Pharmaceuticals Inc.
โ€ข Zydus Cadila Healthcare Limited
โ€ข Glenmark Pharmaceuticals Ltd.
โ€ข Apotex Inc.
โ€ข Torrent Pharmaceuticals Ltd., Alembic Pharmaceuticals Ltd.
โ€ข Wockhardt Ltd

๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ฌ

โ€ข The global gabapentin market was valued at USD 1,981.60 million in 2022.
โ€ข The industry is projected to grow at a compound annual growth rate of 4.37% during the forecast period from 2023 to 2032.
โ€ข The market is anticipated to reach USD 3,036.38 million by 2032.

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/2178/2

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

The growing incidence of neuropathic pain and seizures is one of the key factors propelling the market forward. With the aging population, the prevalence of chronic pain and neurological conditions is expected to rise. This, in turn, is anticipated to fuel the demand for medications such as gabapentin.

The rising usage of gabapentin for off-label indications like insomnia, bipolar disorder, and anxiety is another factor propelling the industry forward. While the FDA hasn't specifically approved the drug for the treatment of these conditions, there is rising evidence that supports their effectiveness in treating these conditions.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข Gabapentin is highly prescribed and one of the top 30 prescription medications in the United States. The demand for gabapentin is projected to rise owing to the increased prevalence of chronic pain and neurological disorders.
โ€ข The Asia Pacific region is anticipated to witness a significant rise in the demand for gabapentin owing to the rising prevalence of various neurological disorders. Additionally, the increased healthcare spending is expected to drive the demand for medication in the region.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/gabapentin-market

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:

๐„๐ฉ๐ข๐ฅ๐ž๐ฉ๐ฌ๐ฒ:Gabapentin is primarily indicated for the treatment of epilepsy as an adjunctive therapy to control seizures in patients with partial seizures with or without secondary generalization.

๐๐ž๐ฎ๐ซ๐จ๐ฉ๐š๐ญ๐ก๐ข๐œ ๐๐š๐ข๐ง:Gabapentin is widely used for the management of neuropathic pain associated with conditions such as diabetic neuropathy, postherpetic neuralgia, spinal cord injury, and trigeminal neuralgia.

๐‘๐ž๐ฌ๐ญ๐ฅ๐ž๐ฌ๐ฌ ๐‹๐ž๐ ๐ฌ ๐’๐ฒ๐ง๐๐ซ๐จ๐ฆ๐ž:Gabapentin may be prescribed for the treatment of restless legs syndrome, a neurological disorder characterized by uncomfortable sensations in the legs and an irresistible urge to move them.

๐Ž๐Ÿ๐Ÿ-๐‹๐š๐›๐ž๐ฅ ๐”๐ฌ๐ž:Gabapentin is prescribed off-label for conditions such as fibromyalgia, anxiety disorders, migraine prophylaxis, and alcohol withdrawal syndrome, among others.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

๐†๐ฅ๐จ๐›๐š๐ฅ ๐†๐š๐›๐š๐ฉ๐ž๐ง๐ญ๐ข๐ง, ๐ƒ๐จ๐ฌ๐š๐ ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐”๐’๐ƒ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Capsule
โ€ข Tablet

๐†๐ฅ๐จ๐›๐š๐ฅ ๐†๐š๐›๐š๐ฉ๐ž๐ง๐ญ๐ข๐ง, ๐“๐ฒ๐ฉ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐”๐’๐ƒ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Branded
โ€ข Generic

๐†๐ฅ๐จ๐›๐š๐ฅ ๐†๐š๐›๐š๐ฉ๐ž๐ง๐ญ๐ข๐ง, ๐Œ๐ž๐ญ๐ก๐จ๐ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐”๐’๐ƒ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Column-based
โ€ข Magnetic Beads
โ€ข Reagent-based
โ€ข Others

๐†๐ฅ๐จ๐›๐š๐ฅ ๐†๐š๐›๐š๐ฉ๐ž๐ง๐ญ๐ข๐ง, ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐”๐’๐ƒ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Neuropathic Pain
โ€ข Epilepsy
โ€ข Restless Legs Syndrome
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐„-๐๐ก๐š๐ซ๐ฆ๐š๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/e-pharma-market

๐„๐ซ๐ž๐œ๐ญ๐ข๐ฅ๐ž ๐ƒ๐ฒ๐ฌ๐Ÿ๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง ๐ƒ๐ซ๐ฎ๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/erectile-dysfunction-drugs-market

๐€๐ฎ๐ญ๐จ๐ข๐ฆ๐ฆ๐ฎ๐ง๐ž ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-autoimmune-disease-diagnostics-market

๐๐ซ๐ฎ๐ซ๐ข๐ญ๐ฎ๐ฌ ๐“๐ก๐ž๐ซ๐š๐ฉ๐ž๐ฎ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-pruritus-therapeutics-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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 Gabapentin Market is Projected to Expand at a CAGR of 4.37% to reach USD 3,036.38 Million by 2032 here

News-ID: 3482494 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of 5.2%
Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of โ€ฆ
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors. Market at a Glance In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. Itโ€ฆ
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 Billion by 2034, Growing at a CAGR of 7.5%
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 โ€ฆ
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 3.82 billion in 2024 and is expected toโ€ฆ
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expanding at a CAGR of 6.8%
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin โ€ฆ
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billionโ€ฆ
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2034, Growing at a CAGR of 7.44%
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 โ€ฆ
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 31.67 billion in 2024 and is expected to reachโ€ฆ

All 5 Releases


More Releases for Gabapentin

Unlocking Opportunities in the Gabapentin Market: 2025-2034 Forecast Report
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Gabapentin Industry Market Size Be by 2025? In recent times, there's been significant growth in the size of the gabapentin market. It's projected to increase from $2.78 billion in 2024 to $3.01 billion in 2025, sporting a compound annual growth rate (CAGR) of 8.5%. Factors contributingโ€ฆ
Gabapentin Market to Grow with Leading Key Players
Global Gabapentin market reached at a Significant CAGR during the forecast period 2024-2031. The Gabapentin market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complexโ€ฆ
Gabapentin Market size 2023, share, Demand and Outlook to 2032
"According to the research report, the global gabapentin market was valued at USD 1,981.60 million in 2022 and is expected to reach USD 3,036.38 million by 2032, to grow at a CAGR of 4.37% during the forecast period." Polaris Market Research has recently published its latest analysis on Gabapentin Market 2023: By Types, Applications, Size, Share, Key Players & Regions Forecast Analysis till 2032. The study has been meticulously prepared toโ€ฆ
Growth Analysis & Projection of Gabapentin Market
The Gabapentin Market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. The report presents the overview of the market with the production of the cost, dispatch, application, use volume andโ€ฆ
Gabapentin Enacarbil Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Acenocoumarol market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Acenocoumarolmarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of Acenocoumarolmarket, market definition, overview, industry opportunities and trends, investment strategy with forcefulโ€ฆ
Gabapentin Enacarbil Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Gabapentin Enacarbil market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Gabapentin Enacarbilmarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of Gabapentin Enacarbilmarket, market definition, overview, industry opportunities and trends, investmentโ€ฆ