Press release
Pregabalin Market Analysis: Key Segments and Growth Factors - Most Leading Companies are Pfizer Inc., Mylan N.V., Teva Pharmaceuticals.
Pregabalin Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.Pregabalin Market is valued at a significant CAGR during the forecast period (2024-2031).
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The global rise in the prevalence of epilepsy, neuropathic pain, and other related disorders is expected to significantly drive the growth of the pregabalin market. Epilepsy, a chronic neurological condition, affects approximately 50 million people worldwide, with 75% living in low-resource countries lacking adequate treatment options. In the U.S., about 150,000 new cases of epilepsy are diagnosed annually, highlighting the widespread nature of the condition. The demand for effective treatments like pregabalin is anticipated to grow as the incidence of such disorders continues to rise globally, particularly in middle- and low-income countries.
However, the market growth for pregabalin is likely to face challenges due to the FDA approval of generic versions and the adverse side effects associated with the drug. With the patent expiration of Lyrica in 2018, generic alternatives, such as those from InvaGen Pharmaceuticals, have entered the market, potentially reducing revenue for branded versions. Additionally, side effects of pregabalin, including chest pain, muscle aches, and seizures, may also limit its market acceptance and usage, hindering overall growth.
Pregabalin Market Recent Development:
In October 2017, the U.S. FDA approved Lyrica® CR (Pregabalin) extended-release tablets (CV). This approval marked a significant advancement in the treatment of conditions such as neuropathic pain, fibromyalgia, and seizures by providing a controlled-release formulation, offering patients the benefit of once-daily dosing. The extended-release version of Pregabalin aimed to enhance patient convenience and adherence to treatment plans, potentially improving outcomes for individuals with chronic conditions.
List of the Key Players in the Pregabalin Market:
Pfizer Inc., Mylan N.V., Teva Pharmaceuticals, Cipla Limited, and Medley Pharmaceuticals Limited, Torrent Pharmaceuticals Ltd, Lupin Limited, Zydus Cadila Healthcare Ltd, Sanofi, Genesis Biotec Inc, Chongqing Succeway Pharmaceutical Co., Ltd.'s, Xian tianguangyuan biotech co, Hebei yingong new material tech, Cangzhou Wanyou New Material Tech, Xi'an Kono chem co., Ltd.
Assessing the Effects of U.S. Tariffs on the Pregabalin Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
Research Process:
Both primary and secondary data sources have been used in the global Pregabalin 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 Pregabalin Market:
By Product: Capsules, Oral solutions, Tablets, Others
By Application: Neuropathic Pain, Epilepsy, Anxiety Disorder, Others
By End User: Pharmaceutical Companies, Research Institutes, Others (Hospitals and Clinics)
Regional Analysis for Pregabalin Market:
⇥ 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)
People Also Ask:
Most Frequently Asked Questions in the Pregabalin Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Pregabalin market?
➠ Who are the top manufacturers in the global Pregabalin industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Pregabalin market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Pregabalin market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Pregabalin industry landscape?
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Contact Person: Sai Kiran
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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