Migraine Drug Market Expansion to be Persistent during 2016 – 2021 | Market Data Forecast
Overview
A migraine is a headache ailment
characterized via recurrent headaches which are moderate to extreme. Normally,
the headaches are pulsating in nature, and lasts from two to seventy-two hours.
Related signs may additionally encompass nausea, vomiting, and sensitivity to
light, sound, or odor. The pain is typically made worse via physical activity.
The diagnosis of a migraine is based on signs and symptoms. Neuroimaging exams
aren't important to diagnose migraine, but can be used to find different
reasons of headaches.
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Key
trends and restrains
One of the primary drivers for this market is
the growing awareness about migraine and its remedy alternatives. Numerous
corporations together with American Headache and Migraine Association
affiliation are developing new drugs and are presenting help to patients with a
purpose to spread recognition about the disease and different headache-related
problems. Due to the developing prevalence of a migraine and the presence of
high unmet needs in this market, numerous companies have started out investing
in the R&D of migraine pills, which in turn will increase the increase
possibilities for this marketplace during the forecast period.
The growing need for brand new therauptics
options has led to the improvement of latest devices including antimigraine
devices and headbands in the marketplace. As an example, Cefaly Transcutaneous
electrical Nerve Stimulation device is an FDA authorized the device for migraine
remedy. This device stimulates the trigeminal nerve with the aid of emitting
electric currents and provides remission from migraine. Increasing spending on
new studies and novel product innovations are predicted to accelerate the
growth and improvement of this marketplace over the subsequent few years.
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Demographically
The market is segmented
geographically into North America, Europe, Asia Pacific, Latin America, Middle
East and Africa. The overall market is to witness a growth of CAGR of 4.87% and
a forecasted market value of USD 4.9 billion by 2021.
Key players in the market
are Allergan, GlaxoSmithKline, Pfizer, Endo, Impax Laboratories. The other
prominent vendors the market include AbbottAeriel BioPharma, Alder
Biopharmaceuticals, Amgen, Astellas, Bayer, CoLucid, Eli Lilly, IntelGenx,
Ethypharm, Johnson & Johnson, Kowa Pharmaceuticals America, Klaria,
Luitpold Pharmaceuticals, AstraZeneca, Meda, Dr. Reddy's Laboratories, OptiNose, Pozen,Eisai, Raptor, RedHill, SUDA,
Teva, , Aegis Therapeutics, Merck, TG Therapeutics, NValeant, Winston
Pharmaceuticals, Allergan, and Zogenix.
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exogenous and endogenous factors
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Strategic
evaluation of the key players to gain insights of their performance allowing
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