Migraine Drugs Market Overview

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.Over the past few years, the global Migraine Drugs Market is rising pervasively due to the increasing prevalence of the condition. 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 to be a well-developed space. Moreover, heady lifestyles accelerate market growth, increasing occurrences of the condition.

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Acknowledging the continuous rise in the market size, Market Research Future (MRFR) asserts that the global migraine drugs market would create a valuation of USD 6.5 BN by 2025. In its recent study report, MRFR also states that the market is estimated to register a CAGR of 3.65% during the assessment period (2022 – 2030).Substantial investments made in the R&D for the development of medicines and therapeutics is influencing the market growth. Additionally, spreading awareness about the availability of migraine treatments among the increasing population substantiates the market growth. Simultaneously, improving economic conditions are providing impetus to market growth, enabling access to quality care & improved healthcare worldwide.

 Segment

 

By Treatment Type     : Acute Treatments, Preventive Treatments, Combination, and others.

By End-user                 : Hospitals & Clinics, Retail Pharmacy, Online Pharmacy, and others.

By Regions                              : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.

The report is segmented into four dynamics;

By Type                                   :  Episodic Migraine and Chronic Migraine.

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Regional Analysis

Europe stands second in the global migraine drugs market. Factors such as the increasing prevalence of the condition drive the growth of the market, creating a huge patient pool. Besides, the resurging economy in the region pushes the growth of the regional market, availing many novel treatments and drugs. The European migraine drugs market is expected to grow at a considerable CAGR during the review period.

North America dominates the global migraine drug market. The significant market share attributes to favorable reimbursement scenarios and high healthcare expenditures. Besides, factors such as a wide uptake of new technologies for the formulations of new migraine drugs and high healthcare expenditures act as key driving forces for the regional market growth. US is the largest market for migraine drugs in North America. The North American migraine drug market is projected to retain its leading position in the global market throughout the review period.

The migraine drugs market in the Asia Pacific region is estimated to grow rapidly over the assessment period. China and India, with the vast population and the availability of cost-competitive therapeutics, drive the market growth predominantly. Moreover, proliferating healthcare sectors, alongside large unmet clinical needs in the region, are estimated to provide an impetus to the regional market growth over the forecast period.

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