What is Zolmitriptan?
Zolmitriptan is the 5HT1-receptor agonist drug prescribed to treat migraine. The Zolmitriptan binds the specifically to the serotonin (5-HT) 1B receptors that results in narrowing the blood vessels connecting brain and thereby inhibiting the pain signals from the brains. These result in blocking the release of the pro-inflammatory neuropeptide that cause headache, nausea and related symptoms. This drug limits the pain caused due to acute migraine attacks however, it is not efficient to prevent the migraine attack. Commercially, it is available in tablet form, orally disintegrating tablet and a nasal spray to improve the migraine symptoms.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | AstraZeneca (United Kingdom), Glenmark (India), Amneal Pharmaceuticals, Inc. (United States), Zydus Cadila (India), Zosano Pharma Corporation (United States), Teva Pharmaceutical Industries Ltd. (Israel), Viatris Inc. (United States), Aurobindo Pharma Limited (India), Sun Pharmaceutical Industries Limited (India) and INKE (Spain) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Nasal Spray, Orally Disintegrating Tablets, Tablets and Others) and major geographies.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Zolmitriptan market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are AstraZeneca (United Kingdom), Glenmark (India), Amneal Pharmaceuticals, Inc. (United States), Zydus Cadila (India), Zosano Pharma Corporation (United States), Teva Pharmaceutical Industries Ltd. (Israel), Viatris Inc. (United States), Aurobindo Pharma Limited (India), Sun Pharmaceutical Industries Limited (India) and INKE (Spain).
Market Overview:
In May 2018, the Amneal Pharmaceuticals LLC acquired 100% stakes of the Impax Laboratories, Inc. Through this strategic move, the company Amneal Pharmaceuticals LLC expanded the product portfolio, enhance extensive R&D and manufacturing infrastructure.
In 2018, Zydus Cadila received US Food and Drug Administration (USFDA) approval for the Zolmitriptan tablet prescribed to relive the migraine symptoms. The approval is issued for the Zolmitriptan tablet in 2.5 mg and 5 mg dosage
Restraints
- Side Effects of zolmitriptan
Key highlights of the Global Zolmitriptan market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Zolmitriptan market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Zolmitriptan market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Zolmitriptan Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Zolmitriptan market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Zolmitriptan market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Zolmitriptan, Manufacturers of Migraine Drugs, Contract Research Organization and Research Institutes.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.