Global Acute Migraine Drugs Market Overview:
A migraine is a severe, recurring and painful headache. Migraine is a neurological disease that is prevalent globally and it is reported that frequent use of some medicines or overdose can also lead to a migraine. According to the Migraine Research Foundation, 17.4% of women are exposed to a migraine as compared to men (6%) due to fluctuation in female reproductive hormones like estrogen and results in a migraine.
Market Drivers
- Increase in Migraine Prevalence
- Hectic Lifestyle of the People
Restraints
- Lack of Proper and Undiagnosed Cases of Migraine
- Adverse Effects of Drugs of Migraine
Opportunities
- Demand for Total Cure Medications for Migraine in the Market
- Increasing Awareness Regarding the Treatment
Challenges
- Increased Preference for Alternative Drugs
Competitive Landscape:
Some of the key players profiled in the report are Allergan (Ireland), Endo International (Ireland), GlaxoSmithKline (United States), Teva Pharmaceutical Industries (Israel), Novartis AG (Switzerland), Sanofi SA (France), Eli Lilly and Company (United States), Impax Laboratories, LLC (United States), Pfizer (United States), Abbott (United States), Johnson & Johnson (United States), Avanir Pharmaceuticals, Inc. (United States) and Merck & Co. (United States). Additionally, following companies can also be profiled that are part of our coverage like H. Lundbeck A/S (Denmark), Alder BioPharmaceuticals (United States), Amegen (United States) and Dr. Reddy’s Laboratories (India). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Acute Migraine Drugs market by 2024. Considering Market by Route of Administration, the sub-segment i.e. Oral will boost the Acute Migraine Drugs market. Considering Market by Distribution Channel, the sub-segment i.e. Hospital-Based Pharmacies will boost the Acute Migraine Drugs market.
Market Highlights:
In September 2018, A new method of treatment Galcanezumab-gnlm which targets calcitonin gene-related peptide (CGRP), a molecule that's produced in nerve cells of the brain and spinal cord, two other drugs Ernumab and fremanezumab-vfrm approved by FDA. This method may provide long-lasting relief for migraine by blocking the activation of a molecule which is involved in the process of pain.
On 17th May 2018, Novartis and Amgen announced that the United States Food and Drug Administration has approved Erenumab (Aimovig) to prevent migraines in adults.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Acute Migraine Drugs 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 Acute Migraine Drugs 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 Healthcare providers, Government agencies, Distributors and Suppliers and Pharmaceutical industry.
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.