Global Migraine Market Overview:
Migraine is a common neurological disorder characterized by repeated attacks of intense throbbing pain in the head. Headaches are often unilateral and can last four hours to three days. The pain is often associated with other symptoms, such as nausea, vomiting, increased sensitivity to light (photophobia), increased sensitivity to sound (phonophobia), numbness or tingling in the legs or feet, sweating, and diarrhea. Migraines are more common in women, with 17.0% of women reporting attacks each year compared to 6.0% of men. The majority of currently available drugs are approved for the acute form of the disease, led by generic triptans as first-line therapy. The market saw a shift in terms of strong research and development with the introduction of CGRP-based therapies and the entry of new drug classes such as Ditans, Gepants, and the reformulation of triptans for chronic and episodic migraines.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The Increased Prescription of Calcitonin Gene-Related Peptide (CGRP) Antagonists, Gepants, and Monoclonal Antibodies (Mabs) As a Preventive Migraine Treatment
Market Growth Drivers:
Increase in prevalence of Migraine, Growing Female Population and Rising awareness about Migraine Treatment and Prevention among Patients
Challenges:
The High Usage of Generic Products
Restraints:
Side Effect of Migraine Drugs and The Patent Expiration of Medicines Will Lead To Cheap Generics Flooding the Market and Negatively Impacting the Branded Sales
Opportunities:
Emerging Migraine Therapies and Growth Opportunities in Emerging Economies
Competitive Landscape:
Global migraine is a fragmented market due to the presence of various players. The players are focusing on investing more planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Amgen Inc. (United States), AstraZeneca (United Kingdom), Bristol-Myers Squibb Company (United States), F. Hoffmann-La Roche Ltd (Switzerland), Novartis AG (Switzerland), Pfizer Inc. (United States), Sanofi (France), Merck KGaA (Germany), Eli Lilly and Company (United States), Johnson & Johnson Services, Inc. (United States), AbbVie Inc. (United States) and Gilead Sciences, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Alder Biopharmaceuticals (United States), BioHaven Pharmaceutical Holding Company Ltd. (United States), AOBiome therapeutics (United States), Allodynic therapeutics (United States) and Zosano Pharma Corp (United States). Considering Market by Distribution Channels, the sub-segment i.e. Retail Pharmacies will boost the Migraine market.
Latest Market Insights:
In September 2022, Roche had signed a definitive merger agreement for the acquisition of US-based biopharmaceutical company Good Therapeutics for an upfront payment of USD 250 million in cash. Good Therapeutics focuses on the development of PD-1-regulated IL-2 drugs that are based on innovative conditionally active drug technology.
In September 2022, Axsome Therapeutics enrolled the first patient in a phase 3 trial of AXS-07 for the acute treatment of migraine.
What Can be Explored with the Migraine Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Migraine Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Migraine
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Migraine 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 Migraine 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 Migraine Drug Producers, Healthcare Sector, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others.
This helps us to gather the data related to 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, USPTO, EPO, Annual reports, press releases etc.