Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 57.85 Billion | USD 163.03 Billion | 12.2% | 2023 |
According to the report published by Zion Market Research, the global Migraine Drugs Market size was valued at USD 57.85 Billion in 2023 and is predicted to reach USD 163.03 Billion by the end of 2032. The market is expected to grow with a CAGR of 12.2% during the forecast period. The report analyzes the global Migraine Drugs Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Migraine Drugs industry.
About 12–14% of people around the world suffer from a Migraine; it is a type of a headache. According to regional and international rules, migraine is classified by the nature of the attack and its frequency into a chronic migraine and episodic migraine. Prophylactic and abortive are 2 treatments available for the relief of this headache type. Prophylactic treatment is offered to patients suffering from a chronic migraine in order to avoid migraine attacks utilizing medications like topiramate, botulinum toxin, and others. Abortive treatment is offered to terminate severe migraine attack and includes medication like ergot alkaloids, triptans, and others.
The increasing awareness regarding a migraine and various options available for its treatment are the major factors boosting the growth of the global migraine drugs market. A number of organizations including the American Headache and Migraine Association are taking efforts to spread awareness about a migraine and hence coming up with programs and providing support to patients so as to spread awareness regarding the disease and further disorders related to a headache. Due to the increasing number of migraine incidences and rising number of unmet needs in the global migraine drugs market, a number of companies are planning to invest in the migraine drugs R&D. This, in turn, is anticipated to propel the global migraine drugs market growth in the near future.
The global migraine drug market is segmented on the basis of treatment type, route of administration, and distribution channel.
On the basis of treatment type, the global migraine drugs market is segmented as prophylactic and abortive.
The prophylactic treatment segment is further sub-segmented as topiramate, botulinum toxin, and others. The abortive treatment segment is further sub-segmented as ergot alkaloids, triptans, and others.
On the basis of route of administration, the global market is classified as injectable, oral, and others.
The others segment is further sub-segmented as transdermal patches and nasal sprays.
On the basis of the distribution channel, the global migraine drugs market is diversified as hospital pharmacies, retail pharmacies, and others.
Report Attributes | Report Details |
---|---|
Report Name | Migraine Drugs Market |
Market Size in 2023 | USD 57.85 Billion |
Market Forecast in 2032 | USD 163.03 Billion |
Growth Rate | CAGR of 12.2% |
Number of Pages | 216 |
Key Companies Covered | Endo, Allergan, Impax Laboratories, Glaxo Smith Kline, Astellas, Amgen, Bayer, AstraZeneca, Dr. Reddy's Laboratories, Zogenix, CoLucid, Eli Lilly, Eisai, IntelGenx, Ethypharm, and Klaria. Other key players dominating the global market are Johnson & Johnson, Luitpold Pharmaceuticals, Kowa Pharmaceuticals America, Merck, Meda, Pfizer, OptiNose, Raptor, Pozen, SUDA, RedHill, TG Therapeutics, Teva, Winston Pharmaceuticals, and NValeant |
Segments Covered | By treatment type, By route of administration, By distribution channel and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is anticipated to dominate the global migraine drugs market and is further expected to continue this trend in the near future. This high growth is mainly owing to the increasing number of people suffering from migraines and rising public awareness of the disease in this region. In addition, China and India are the major developing countries contributing to the global migraine drugs market growth in the Asia Pacific region; this is mainly due to the high occurrence of migraines in these countries. Rising focus on niche products and their launches, along with high penetration of novel drug manufacturers, will further have a positive impact on the growth of the global migraine drugs market in the near future.
Some of the major players in the global migraine drugs market include
Other key players dominating the global market are
By Treatment Type
By Route Of Administration
By Distribution Channel
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed