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Migraine Market Assessment and Key Insights Analyzed Till 2023

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Vinit Sawant

Market Highlights

Migraine is considered as a form of headache that is severe and persistent followed by phonophobia, photophobia and nausea. Rising migraine prevalence is pushing the demand for migraine medications. In addition, the rise in the female population and the increase in awareness among patients about migraine prevention and care are main factors that accelerate market growth.

It is due to increases in female oestrogen levels, especially during menstruation. In comparison, prescription treatments, such as oral contraceptives and hormone replacement therapy, can further intensify migraine in women. Increasing the global female population is also projected to accelerate the development of the demand for migraine drugs.

Market Scope

Improved awareness-raising campaigns, the availability of research funds from both private and public bodies, enhanced reimbursement scenario for related drugs and increasing understanding of the efficacy of these drugs are among the main factors driving the development of the Migraine Drugs sector. The migraine medications industry is seeing strong pipeline development with six late-stage research candidates for the medication. The move from conventional symptomatic medications to new disease-specific therapies is apparent in the R&D pipeline, as most drug candidates tackle unmet needs in migraine treatment. This is known that there are three new drugs in the late stage pipeline which are expected to change the healthcare system in the immediate future. These prescription drugs adopt disease-modifying strategies associated with superior clinical effectiveness and a favorable health record in contrast with conventional medicines.

Market Segmentation

The Global market is majorly segmented based on treatment types, types, and drug class.

Based on the type, the global Migraine market is bifurcated into episodic and chronic.

Based on treatment types, the global Migraine market is classified into preventive and abortive.

Further, based on drugs, the Migraine market is classified into triptans, ergots, and others.

Competitive Dashboard

The significant players listed in the market research report include Impax Laboratories,  OptiNose, Abbott Laboratories, Inc., Allergan, Eli Lilly and Company, Pfizer, Inc., Eisai Inc., Johnson & Johnson, Kowa Pharmaceuticals America, Klaria, Luitpold Pharmaceuticals, Meda, Merck, AstraZeneca plc, and GlaxoSmithKline plc.

 

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