In 2023, the migraine market was estimated to be worth USD 5.68 billion. During the forecast period (2024-2032), the Global Migraine industry is anticipated to experience a compound annual growth rate (CAGR) of 3.83%, increasing from USD 6.00 Billion in 2024 to USD 8.42 Billion by 2032.
The primary market drivers that are fostering market growth are the global increase in migraine problems and the increasing public awareness of novel drug classes.
The target market's expansion is influenced by two variables: the increasing prevalence of migraines on a global scale and the increasing public awareness of new medication classes. The advent of calcitonin gene-related peptide (CGRP) is also anticipated to facilitate the growth of this business. Nausea, phonophobia, and photophobia are all symptoms of a migraine, which is a frequent, severe headache. Genes contribute to the disorder's development. Migraine headaches may be the consequence of emotions that are unbalanced, including despair, tension, worry, shock, and enthusiasm. The duration and severity of each migraine attack are subject to variation, typically affecting a single side of the head. The factors that contribute to the increase in the frequency of migraines with significant unmet requirements, the expansion of R&D expenditure, the development of a large pipeline of medications, and the increasing understanding of migraine and treatment alternatives are all significant.
Market segment insights
On the basis of type, the migraine market segments are classified as chronic and episodic.
The Migraine Market segmentation is divided into Preventive and Abortive based on the form of treatment.
The market data has been divided into Triptans, Ergots, and Others through surgery.
Regional Perspectives on Migraine
The study offers market insights into North America, Europe, Asia-Pacific, and the Rest of the World by region. It is anticipated that the Asia Pacific migraine market will experience a substantial compound annual growth rate (CAGR) during the study period. The Asia Pacific acute migraine treatment market is anticipated to expand as a result of the improving infrastructure and the increasing cost of healthcare in developing countries such as China and India. The regional market is also likely to be accelerated by the simple accessibility of affordable treatment options for migraines, which is being supported by increasing regulatory body initiatives. By the India Brand Equity Foundation.
The Migraine market in Europe has the second-largest market share. There are two factors that are influencing the growth of the target market: the global increase in migraine problems and the growing public awareness of novel drug classes. Additionally, it is envisaged that the introduction of calcitonin gene-related peptide (CGRP) will contribute to the growth of this industry.
North America's migraine market is anticipated to experience the most rapid rate of growth from 2024 to 2032. Influential parties based in the United States are making increasing investments. The local market will benefit from the extensive research and development efforts conducted in the United States, Canada, and other countries to identify new treatment options, according to estimates. Approximately 441.5 million adults in the United States are estimated by the American Family Physician, with 6 to 9 percent of men and 18 to 26 percent of women falling into this category. In 2009, the United States encountered a migraine.
Major Players
Sanofi SA, Abbott Laboratories, Teva Pharmaceutical Industries Limited, Allergan Plc, Pfizer Inc, AstraZeneca, Johnson & Johnson, Endo International Plc, GlaxoSmithKline Plc, Impax Laboratories, and others are among the main players in the migraine market.
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