Acute Migraine Treatment Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033
LONDON, GREATER LONDON, UNITED KINGDOM, September 17, 2024 /EINPresswire.com/ -- The acute migraine treatment market has experienced robust growth in recent years, expanding from $2.35 billion in 2023 to $2.60 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to the increasing prevalence of migraine, growth of specialty clinics, increasing funding for migraine research, growth in clinical trials, and increasing use of preventive medications.
What Is The Estimated Market Size Of The Global Acute Migraine Treatment Market And Its Annual Growth Rate?
The acute migraine treatment market is projected to continue its strong growth, reaching $4.00 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to the increasing prevalence of migraine, growing investment in migraine research, rising demand for non-invasive treatment options, rising demand for quick-acting relief options, and growing emphasis on patient-centric drug development.
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Growth Driver Of The Acute Migraine Treatment Market
The surging work pressure is expected to propel the growth of the acute migraine treatment market going forward. Work pressure refers to the mental, emotional, and physical strain experienced by employees due to the demands and challenges of their job responsibilities. Factors leading to a surge in work pressure include tight deadlines, a lack of resources and support, poor work-life balance, unclear roles and responsibilities, interpersonal conflicts, and organizational changes. Acute migraine treatment for surging work pressure involves managing the symptoms of migraines that may be triggered or exacerbated by high-stress situations, such as a demanding work environment
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Which Market Players Are Steering The Acute Migraine Treatment Market Growth?
Key players in the acute migraine treatment market include Pfizer Inc., Johnson And Johnson, Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., AstraZeneca PLC, Novartis AG, GlaxoSmithKline plc, Eli Lilly and Company, Amgen Inc., Viatris Inc., Allergan plc, Teva Pharmaceutical Industries Ltd., Bausch Health Companies Inc., Endo International plc, Supernus Pharmaceuticals Inc., Collegium Pharmaceutical Inc., Upsher-Smith Laboratories LLC, BioDelivery Sciences International Inc., Axsome Therapeutics Inc., Impel NeuroPharma Inc., Currax Pharmaceuticals LLC, Satsuma Pharmaceuticals Inc.
What Are The Key Trends That Influence Acute Migraine Treatment Market Share And Analysis?
Major companies operating in the acute migraine treatment market are focused on developing innovative products, such as migraine nasal sprays, to enhance the efficacy and convenience of migraine relief. Migraine nasal sprays are a form of acute migraine treatment that delivers medication through the nasal passages. This route of administration can be advantageous because it allows for rapid absorption of the medication, which can provide faster relief compared to oral medications.
How Is The Global Acute Migraine Treatment Market Segmented?
1) By Drug Type: Triptans, Calcitonin Gene-Related Peptide Antagonist, Nonsteroidal Anti-Inflammatory Drugs, Beta-Adrenergic, Ergot Alkaloids, Other Drug Types
2) By Route Of Administration: Oral, Injection, Other Routes Of Administration
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, E-Commerce
Geographical Insights: North America Leading The Acute Migraine Treatment Market
North America was the largest region in the acute migraine treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the acute migraine treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Acute Migraine Treatment Market Definition
Acute migraine treatments refer to therapies designed to provide immediate relief from migraine attacks, focusing on alleviating symptoms such as severe headache, nausea, and sensitivity to light and sound. These treatments aim to mitigate the intensity and duration of migraines, enhancing patient comfort and functionality during episodes.
Acute Migraine Treatment Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global acute migraine treatment market report covering trends, opportunities, strategies, and more
The Acute Migraine Treatment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on acute migraine treatment market size, acute migraine treatment market drivers and trends, acute migraine treatment market major players, acute migraine treatment competitors' revenues, acute migraine treatment market positioning, and acute migraine treatment market growth across geographies. The acute migraine treatment market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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