Benzodiazepine Market Expanding at a Stable CAGR of 2.3% by 2022

Market Highlights
Benzodiazepines (BZD) are a class of psychoactive drugs with sedative, hypnotic (sleep-inducing), anti-anxiety, anticonvulsant, and muscle relaxant properties. Benzodiazepines (BZD) are useful in treating anxiety, insomnia, agitation, seizures, muscle spasms and alcohol withdrawal. global Benzodiazepine market is expected to grow at a CAGR of ~1.5% to 2.3 % during the period 2016 to 2022

The sale of Benzodiazepine has been declining due to their addictive side effects and the rise of alternate drugs such as selective serotonin reuptake inhibitors. However the last few years have witnessed a moderate rise in the sale of Benzodiazepines. The lack of efficacy and slow onset of action of selective serotonin reuptake inhibitors along with the fear of falling back on first generation anti-psychotic (barbiturate class) drugs have negated any market moves against Benzodiazepines. Development of short acting Benzodiazepines is an additional advantage in favour of barbiturates.

Some more restraints hampering the market growth are highly competitive and segmented market and a shift towards non-pharmacological therapies.

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Key Players for Global Benzodiazepine Market:
• AstraZeneca plc
• Eli Lilly and Company
• Forest Laboratories, Inc.
• GlaxoSmithKline plc
• H. Lundbeck A/S
• Johnson & Johnson
• Merck & Co., Inc.
• Pfizer, Inc.
• Sanofi S.A.

Global Benzodiazepine market:
The Global Benzodiazepine market has been evaluated as a slowly growing market and it is expected that the market will reflect sluggish growth figures in future. The global Benzodiazepine market is expected to grow with CAGR of ~ 1.5% to 2.3 % during the forecast period.

The Hottest Trend in the Market
Benzodiazepines (BZD) are a class of psychoactive drugs with sedative, hypnotic (sleep-inducing), anti-anxiety, anticonvulsant, and muscle relaxant properties. Benzodiazepines (BZD) are useful in treating anxiety, insomnia, agitation, seizures, muscle spasms and alcohol withdrawal symptoms.

Segmentation:
• Segmentation by application; anxiety, insomnia, agitation, seizures, muscle spasms, alcohol withdrawal, anaesthesia supplements.
• Segmentation by time of action: long acting and short acting Benzodiazepines.

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Benzodiazepines were losing their market share due to negative publicity associated with their addiction potential, the withdrawal symptoms associated with them and the advent of Selective Serotonin Reuptake Inhibitors (SSRIs). However there has been a revival of the benzodiazepine market due to poor efficacy and longer onset time of SSRIs.

The growth of BZD’s was also attributed to the inclusion of anti-anxiety medication in Medicare program of U.S. But the recent political changes have jeopardized the very existence of the program itself. Among the different benzodiazepines the anti-insomnia medications are leading the list with Xanax being the hit. The market trend also seem to favor the short acting types over the long acting ones. It is projected to grow at a steady pace from the period of 2013 to 2022.

Table of Content
1.Introduction
1.1 Definition
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s five forces model
4.1.1 Bargaining Power of suppliers
4.1.2 Bargaining Power of Customer
4.1.3 Intensity of Competitor’s
4.1.4 Threat of New Entrants
5 Global Benzodiazepine Market, by Application
Continue………..

List Of Tables
Table 1 Global Benzodiazepine Market, 2013-2022 (Usd Million)
Table 2 Global Benzodiazepine Market, By Application, 2013-2022 (Usd Million)
Table 3 Global Benzodiazepine Market, By Time Of Action, 2013-2022 (Usd Million)
Table 4 Global Benzodiazepine Market, By Region, 2013-2022 (Usd Million)
Continue….

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

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