Migraine Drugs Market Overview

Various factors are propelling the migraine drugs market growth. These factors, as stated by the latest Market Research Future (MRFR) report, include a rising focus on development on migraine drugs, lifestyle changes, unhealthy food consumption, awareness programs undertaken by organizations on prevention as well as treatment of migraine, and high unmet needs. Additional factors propelling the migraine drugs market growth include stressed lifestyle, patent expiration, rising female population, launch and FDA approval of new drugs, increasing incidence of migraines, increasing healthcare expenditure, and awareness about prevention as well as treatment of migraine. 

Migraine is a disorder leading to extruding pain, sleep-less night, and various health complications. Recently, the US FDA has been approving considerable numbers of drugs aiming to prevent and make migraine occurrences lesser. Despite the recent advances in drug discoveries, there are vast numbers of cases unmet needs, which foster the growth of the market, driving investments in drug developments. Also, the US FDA has been approving considerable numbers of drugs aiming to prevent and make migraine occurrences lesser. As a result, the global Migraine Drugs Market Size is rising pervasively. Increasing prevalence of the condition is a major driving force behind the growth of the market. Besides, the availability of novel medicines & therapies to treat symptoms of the condition, impact the growth of the market positively. Due to the availability of many breakthrough drugs, the market appears well-developed.

Migraine is an episodic disorder leading to severe headache, sleep-less night, and various health complications. It may be accompanied by symptoms such as nausea and light sensitivity, contributing to significant morbidity. Acute migraine treatment has historically consisted of analgesics initiated early in onset. Over recent years the prevalence of migraine is rising uncontrollably. Fortunately, there are many drugs available to treat the condition. Migraine is a common neurovascular sickness that is characterized by tender headaches and is commonly associated with other neurological indications, such as nausea, vomiting, and painful sensitivity to lights and sounds. Migraine is more common in women than men, majorly due to the fluctuations in the hormone levels.  Approximately 12% of the US population suffered from migraine headaches in 2018. The treatment of migraine headaches is eased by the administration of preventive medications, to avoid migraine attacks and abortive medications to relieve strong and periodic pain.

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Migraine Drugs Market Players

Prominent players profiled in the migraine drugs market report include eNeura Inc., Eli Lilly and Company, Amgen Inc (US), Johnson & Johnson Services, Inc. (US), AstraZeneca Plc (UK), Teva Pharmaceutical Industries Ltd (Israel), Merck & Co., Inc. (US), GlaxoSmithKline Plc (UK), Pfizer Inc. (US), Alder Biopharmaceuticals, Inc. (US), and Allergan Plc (Ireland). 

Migraine Drugs Market Regional Analysis

By region, the migraine drugs market report covers the latest trends and growth opportunities across the Middle East and Africa, Europe, the Asia Pacific, and the Americas. Of these, the Americas will remain the driving force in the market over the forecast period chiefly on account of the rising research and development activities undertaken by the key players in this region and the rising prevalence of migraine.

The migraine drugs market in Europe is predicted to have the second-largest share in the market over the forecast period, followed by the APAC region. Factors pushing the growth of the migraine drugs market in the region include strategic initiatives undertaken by key players, government initiatives to offer better healthcare infrastructure in emerging economies, growing awareness about migraine, a growing number of patients having neurological diseases, and growing geriatric population.

The migraine drugs market in the MEA is predicted to have stable growth over the forecast period. 

Migraine Drugs Market Segmentation

• The MRFR report provides an all-inclusive segmental analysis of the migraine drugs market on the basis of drug class, treatment, end user, and type. 

• Based on type, the migraine drugs market is segmented into chronic and episodic migraine. Of these, the episodic migraine will have maximum share in the market over the forecast period.

• Based on treatment, the migraine drugs market is segmented into neuromodulation, preventive, acute, and others. Of these, the acute segment will command the largest share in the market over the forecast period owing to its high prevalence and availability of several drugs to treat acute migraines.

• Based on drug class, the migraine drugs market is segmented into triptans, anticonvulsants, tricyclics, angiotensin blockers, beta-blockers, and others. Of these, the triptans segment will lead the market over the forecast period for its high efficacy.

• Based on end user, the migraine drugs market is segmented into research and academic institutes, hospitals and clinics, and others. Of these, hospitals and clinics will dominate the market over the forecast period for being primary treatment centers for patients.

Migraine Drugs Market Regional Analysis

By region, the migraine drugs market report covers the latest trends and growth opportunities across the Middle East and Africa, Europe, the Asia Pacific, and the Americas. Of these, the Americas will remain the driving force in the market over the forecast period chiefly on account of the rising research and development activities undertaken by the key players in this region and the rising prevalence of migraine.

 The migraine drugs market in Europe is predicted to have the second-largest share in the market over the forecast period, followed by the APAC region. Factors pushing the growth of the migraine drugs market in the region include strategic initiatives undertaken by key players, government initiatives to offer better healthcare infrastructure in emerging economies, growing awareness about migraine, a growing number of patients having neurological diseases, and growing geriatric population.

The migraine drugs market in the MEA is predicted to have stable growth over the forecast period. 

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