Gabapentin Market Trends | Growth, Demand & Forecast 2024-2031 | Top key players - Ascend Laboratories, LLC, Pfizer Inc., Cipla Inc.

The Global Gabapentin Market is expected to reach at a Significant CAGR during the forecast period 2024-2031.

Gabapentin Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Gabapentin Market focuses on the production and sale of gabapentin, a neuropathic pain reliever and anticonvulsant used to treat epilepsy, nerve pain, and restless leg syndrome. Market growth is driven by rising cases of neurological disorders, increasing prescriptions for chronic pain management, and expanding geriatric populations. Ongoing research into gabapentin's potential for new therapeutic applications further fuels market expansion.

List of the Key Players in the Gabapentin Market:

Zydus Pharmaceuticals, Inc., Glenmark Pharmaceuticals Limited, Sun Pharmaceutical Industries Ltd., Ascend Laboratories, LLC, Apotex Inc., Teva Pharmaceutical Industries Ltd., Aurobindo Pharma USA, Amneal Pharmaceuticals LLC, Pfizer Inc., and Cipla Inc. among others.

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Industry Development:

In February 2023, Zydus Lifesciences Limited, through its subsidiary Zydus Pharmaceuticals (USA) Inc., received tentative approval from the USFDA for its Gabapentin Tablets (Once-Daily) in 300 mg and 600 mg strengths (USRLD: Gralise Tablets). These tablets are intended for the management of postherpetic neuralgia (PHN) and will be produced at Zydus' formulation manufacturing facility in Moraiya.

In March 2023, Granules India Ltd. received USFDA approval for its generic Gabapentin tablets, which are also used for postherpetic neuralgia management in adults. The approval covers 600 mg and 800 mg strengths under an Abbreviated New Drug Application (ANDA).

Growth Forecast Projected:

The Global Gabapentin Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Gabapentin Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Gabapentin Market:

By Type: Generic, Branded.

By Dosage Form: Tablet, Capsule, Solution.

By Application: Neuropathic Pain, Epilepsy, Restless Leg Syndrome, Anxiety, Others.

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.

Regional Analysis for Gabapentin Market:

The regional analysis of the Gabapentin Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Gabapentin market?

➠ Who are the leading manufacturers in the global Gabapentin industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Gabapentin industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Gabapentin market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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