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Migraine Therapeutics Market Size & Share Analysis 2024-2033

06-14-2024 07:41 AM CET | Health & Medicine

Press release from: The Business research company

Migraine Therapeutics Market Size

Migraine Therapeutics Market Size

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Migraine Treatment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $6.49 billion In 2028 At A CAGR Of 11.0% :

The migraine treatment market size has grown strongly in recent years. It will grow from $2.94 billion in 2023 to $3.22 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increased prevalence of migraines, increased healthcare expenditure, improved formulations of existing drugs, expansion of clinical research, development of novel therapies.

The migraine treatment market size is expected to see rapid growth in the next few years. It will grow to $4.78 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to growing awareness and education, emergence of monoclonal antibodies, increasing focus on pediatric migraines, expansion of non-pharmacological interventions, global initiatives for migraine research. Major trends in the forecast period include advancements in therapeutic approaches, wearable devices and digital therapeutics, telemedicine and remote consultations, patient-centric care models, generic drug market growth, oral cgrp inhibitors.

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Migraine Treatment Market Major Segments
The migraine treatment market covered in this report is segmented -

1) By Types: Episodic, Migraine With Aura, Chronic, Other Types
2) By Treatment: Acute/Abortive Treatment, Preventive/prophylactic Treatment, Non-Pharmacological Therapies and Devices
3) By End-User: Hospitals, Clinics, Homecare, Other End-users

Key Driver - Rising Global Migraine Prevalence Sparks Momentum In Migraine Treatment Market

The increasing prevalence of migraine is expected to propel the growth of the migraine treatment market. Migraine refers to a headache that occurs on one side of the brain only and causes severe pain or a pulsing sensation. Migraine treatment can stop future attacks and symptoms. For instance, in June 2023, according to the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, in 2021, 4.3% of persons over the age of 18 reported having a headache or migraine at least once every three months. Therefore, the increasing prevalence of migraine is driving the growth of the migraine treatment market .

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Prominent Trend - Revolutionizing Migraine Treatment Is Cutting-Edge Technological Innovations In The Market

Technological innovations are the key trend gaining popularity in the migraine treatment market. Major companies operating in the market are introducing technological innovations to sustain their position in the market. For instance, in March 2021, Neurolief, an Israel-based company that develops proprietary digital therapeutics neuromodulation technology, launched 'Brain Neuromodulation Technology,' used for migraine treatment. It is the first non-invasive neuromodulation system used to treat acute migraine at home.

Migraine Treatment Market Players
Major companies operating in the migraine treatment market report are Pfizer Inc., Eli Lilly and Company, Amgen Inc., GlaxoSmithKline plc, Novartis AG, Bayer AG, Allergan plc, Abbott Laboratories, Allodynic Therapeutics LLC, AOBiome LLC, AstraZeneca plc, Bausch Health Companies Inc., Boehringer Ingelheim International GmbH, Catalent Inc., Dr. Reddy's Laboratories Limited, Impel Pharmaceuticals Inc., AbbVie Inc., Alder BioPharmaceuticals Inc., Astellas Pharma Inc., Biohaven Pharmaceutical Holding Company Ltd., Bristol-Myers Squibb Company, CoLucid Pharmaceuticals Inc., Daiichi Sankyo Company Limited, Eisai Co. Ltd., Endo International plc, Impax Laboratories Inc., Johnson & Johnson Inc., Lannett Company Inc., Lupin Limited, Merck & Co. Inc., Mylan N.V., Novo Nordisk A/S

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/migraine-treatment-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the migraine treatment market in 2023. The regions covered in the migraine treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Migraine Treatment Market Report Structure
3. Migraine Treatment Market Trends And Strategies
4. Migraine Treatment Market - Macro Economic Scenario
5. Migraine Treatment Market Size And Growth
…..
27. Migraine Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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