Press release
Gabapentin Market is Projected to Expand at a CAGR of 4.37% to reach USD 3,036.38 Million by 2032
๐๐๐๐จ๐ซ๐๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ ๐๐๐๐ฉ๐๐ง๐ญ๐ข๐ง ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ ๐,๐๐๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ ๐๐ง๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก ๐๐๐ ๐,๐๐๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.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.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/gabapentin-market/request-for-sample
๐๐จ๐ฉ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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:
โข Pfizer Inc.
โข Teva Pharmaceutical Industries Ltd.
โข Sun Pharmaceutical Industries Ltd. Aurobindo Pharma Ltd.
โข Lupin Limited
โข Mylan N.V.
โข Cipla Limited
โข Hikma Pharmaceuticals PLC
โข Arbor Pharmaceuticals Inc.
โข Zydus Cadila Healthcare Limited
โข Glenmark Pharmaceuticals Ltd.
โข Apotex Inc.
โข Torrent Pharmaceuticals Ltd., Alembic Pharmaceuticals Ltd.
โข Wockhardt Ltd
๐๐๐ฒ ๐๐ญ๐๐ญ๐ฌ
โข The global gabapentin market was valued at USD 1,981.60 million in 2022.
โข The industry is projected to grow at a compound annual growth rate of 4.37% during the forecast period from 2023 to 2032.
โข The market is anticipated to reach USD 3,036.38 million by 2032.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/2178/2
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
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.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โข 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.
โข 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.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/gabapentin-market
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
๐๐ฉ๐ข๐ฅ๐๐ฉ๐ฌ๐ฒ: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.
๐๐๐ฎ๐ซ๐จ๐ฉ๐๐ญ๐ก๐ข๐ ๐๐๐ข๐ง: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.
๐๐๐ฌ๐ญ๐ฅ๐๐ฌ๐ฌ ๐๐๐ ๐ฌ ๐๐ฒ๐ง๐๐ซ๐จ๐ฆ๐: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.
๐๐๐-๐๐๐๐๐ฅ ๐๐ฌ๐:Gabapentin is prescribed off-label for conditions such as fibromyalgia, anxiety disorders, migraine prophylaxis, and alcohol withdrawal syndrome, among others.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐๐๐ฉ๐๐ง๐ญ๐ข๐ง, ๐๐จ๐ฌ๐๐ ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข Capsule
โข Tablet
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐๐๐ฉ๐๐ง๐ญ๐ข๐ง, ๐๐ฒ๐ฉ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข Branded
โข Generic
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐๐๐ฉ๐๐ง๐ญ๐ข๐ง, ๐๐๐ญ๐ก๐จ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข Column-based
โข Magnetic Beads
โข Reagent-based
โข Others
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐๐๐ฉ๐๐ง๐ญ๐ข๐ง, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข Neuropathic Pain
โข Epilepsy
โข Restless Legs Syndrome
โข Others
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐-๐๐ก๐๐ซ๐ฆ๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/e-pharma-market
๐๐ซ๐๐๐ญ๐ข๐ฅ๐ ๐๐ฒ๐ฌ๐๐ฎ๐ง๐๐ญ๐ข๐จ๐ง ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/erectile-dysfunction-drugs-market
๐๐ฎ๐ญ๐จ๐ข๐ฆ๐ฆ๐ฎ๐ง๐ ๐๐ข๐ฌ๐๐๐ฌ๐ ๐๐ข๐๐ ๐ง๐จ๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-autoimmune-disease-diagnostics-market
๐๐ซ๐ฎ๐ซ๐ข๐ญ๐ฎ๐ฌ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-pruritus-therapeutics-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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.
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