Press release
Key Trend Reshaping the Emgality Market in 2025: Strategic Partnerships Boosting Market Expansion In Migraine Treatment
Which drivers are expected to have the greatest impact on the over the emgality market's growth?As migraines become more prevalent, it is anticipated that the emgality market will see a surge in growth. Considered a neurological condition, migraines are associated with severe, pulsating headaches that often bring added symptoms like sensitivity to light and sound, nausea, and occasionally auras-visual or sensory disruptions. Rising stress levels, environmental triggers, lifestyle adjustments, increased recognition, and better diagnosis of the ailment all contribute to the growing prevalence of migraines. Emgality, which combats migraines by obstructing the calcitonin gene-related peptide (CGRP), lessens both the frequency and severity of the episodes, thus offering extensive relief, enhancing quality of life, and lessening the disabilities associated with frequent migraines. For instance, Migraine Canada, a Canadian organization providing support to migraine sufferers, reported in May 2023 that migraines affect 12% of Canadians (4.5M) and over than 1 billion people globally. Notably, the prevalence is higher in women (30% lifetime) than in men (8%) and children (10%), and one in four households is affected, with 1-2% encountering chronic migraines. Therefore, the incrementing frequency of migraines is forecasted to catalyze the growth of the emgality market.
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What is the future CAGR of the emgality market, and how will it impact industry expansion?
In the past few years, the emgality market has undergone a substantive size increase, quantified at XX (HCAGR). Looking forward, projections imply a swell from $XX million in 2024 to $XX million in 2025, at a compound annual growth rate of XX%. The driving forces behind this expansion during the historic period include the escalating incidence of migraines, a heightened acknowledgment of migraines as a severe health issue, the green light for emgality in treating migraines and cluster headaches, a trend towards preemptive treatments, and the facilitation provided by insurance coverage.
In the coming years, the emgality market size is projected to experience a XX (FCAGR) increase. By 2029, the market is estimated to be worth $XX million, with a compound annual growth rate (CAGR) of XX%. The market is anticipated to expand due to several factors during the forecast period, including an entry into emerging markets, better understanding of migraine treatments, approval for additional uses, heightened healthcare spending, and continuous clinical studies. Some of the key trends expected to shape this period are a surge in the demand for tailor-made medicines, improvements in drug delivery technology, advancements in CGRP therapy, the incorporation of digital health, and the use of generative AI in the healthcare sector.
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What are the most significant trends transforming the emgality market today?
Strategic collaboration for technology assimilation and enlarging market scope is the predominant trend in the emgality market. Strategic collaborations are usually formed between two or more organisations pooling their resources and knowledge to fulfill shared objectives. As an example, Organon & Co., a U.S.-based health company that prioritizes women's health, enlarged its collaboration with Eli Lilly in December 2023. The main goal was to widen the availability of the groundbreaking migraine remedies, Emgality and RAYVOW, all over Europe, leveraging Organon's expertise in disorders of the central nervous system and its proven commercial skills. The collaboration specifically addresses the severe effect of migraines on women and enriches Organon's women's healthcare products portfolio. The distribution and promotion of the medicines will be supervised by Organon, while manufacturing and marketing authorization will continue to be handled by Lilly, guaranteeing the efficient delivery of these crucial treatments.
Which key market segments comprise the emgality market and drive its revenue growth?
The emgality market covered in this report is segmented -
1) By Clinical Indication: Migraine Prevention, Cluster Headaches
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
3) By End Use: Hospitals, Clinics, Ambulatory Care, Home Care
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What regions are at the forefront of emgality market expansion?
North America was the largest region in the emgality market in 2024. The regions covered in the emgality market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the emgality market?
Major companies operating in the emgality market include Eli Lilly and Company
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What Is Covered In The Emgality Global Market Report?
•Market Size Forecast: Examine the emgality market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the emgality market for a structured understanding.
•Key Players Overview: Analyze major players in the emgality market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the emgality market.
•Segment Contributions: Evaluate how different segments drive overall growth in the emgality market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the emgality market.
•Industry Challenges: Identify potential risks and obstacles affecting the emgality market.
•Competitive Landscape: Review strategic developments in the emgality market, including expansions, agreements, and new product launches.
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