Global Migraine Drugs Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030

The global migraine drugs market is expected to reach USD 10.1 million by 2030 from USD 2.5 million in 2020, growing at a CAGR of 15.2%.Migraine is a common neurological disease categorized by continuing attacks of severe hurting head pain. Frequently unilateral, the headaches can last from four hours to three days. These headaches generally occur on one side of the head and each episode of migraine has different duration and intensity. Migraine drugs are employed in the treatment of headaches related with migraine. Pain is often allied with other symptoms such as nausea, vomiting, increased sensitivity to light (photophobia), increased sensitivity to sound (photophobia), tingling or numbness in the edges or legs, sweating, and diarrhea. Migraines are more frequent in women, with 17.0% women reporting an attack compared to 6.0% men, every year. This is recognized to the changes in estrogen levels in females, especially during menstruation. Besides, hormonal medications, such as oral contraceptives and hormone replacement therapy may further worsen migraine in women. Therefore, increase in the global female population is projected to propel the growth of migraine drugs market.
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Market Dynamics and Factors:
The increasing awareness regarding a precautions of the migraine coupled with the availability of various options for the treatment are the major factors responsible for boosting the growth of the market. A number of administrations 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 about the disease and further disorders related to a headache. In accumulation, increasing incidence of chronic disease, rising consumption of unhealthy food are the factors anticipated to propel growth of the global migraine drugs market. However, side effects associated with migraine drugs is a factor that hinders the market growth. On the conflicting, the presence of growth opportunities in emerging nations is expected to provide new opportunities for the key players.
Market Segmentation:
Global Migraine Drugs Market – By Type
Synthetic Leather
(PU and PVC)
Genuine leather
Polymers
Fabrics
Global Migraine Drugs Market – By Route of Administration
Introduction
Oral
Injection
Others
Global Migraine Drugs Market – By Vehicle Type
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Migraine Drugs Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
Rise in focus of vendors on the emergent markets, such as Asia-pacific and LAMEA, is expected to increase the market growth. The Asia pacific is projected to dominate the global migraine drugs market and is further expected to continue this trend in the near future. This high growth is mainly due to the demand for better healthcare facilities and improvements in healthcare infrastructure, increasing number of people having from a migraine and rising public awareness of the disease in this region. Furthermore, this region presents remarkable opportunities for the venture capitalists and investors, as the developed markets are moderately saturated. In addition, India and china are the major rising countries contributing to the global migraine drugs market growth in the Asia pacific region, this is mainly due to the high frequency of a migraine 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 upcoming years.
Competitive Scenario:
The major key players in the migraine drugs market are Abbott Laboratories, Allergan Plc., AstraZeneca, Endo International Plc., Vernalis, Glaxo Smith Kline Plc., Royalty Pharma, Impax Laboratories, Johnson & Johnson, Merck & Co., and Pfizer Inc.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Migraine Drugs industry, although key threats, opportunities and disruptive technologies that could shape the Global Migraine Drugs Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Migraine Drugs Market most.
The data analysis present in the Global Migraine Drugs Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Migraine Drugs Market business.
The 2021 Annual Global Migraine Drugs Market offers:
100+ charts exploring and analysing the Global Migraine Drugs Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Migraine Drugs Market type
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