Home > Healthcare > Pharmaceuticals > Disease Specific Drugs > Migraine Drugs Market

Migraine Drugs Market Trends

Report ID: GMI9899
Published Date: Jun 2024
Report Format: PDF

Download Free Sample

Migraine Drugs Market Trends

Migraine is a common neurological condition that affects a substantial portion of the population, leading to a greater need for therapeutic options. The global rise in the number of people suffering from migraines significantly drives the demand for effective treatments, that is anticipated to propel the growth of the market.
For instance, as per the American Migraine Foundation, it has been estimated that at least 39 million Americans live with migraine. This rising number of reported migraine cases, coupled with increased awareness of the disease's fatal nature has led to a growing demand for effective drug therapies, thereby driving market growth.
Moreover, innovations in drug discovery and development, including new classes of migraine medications such as CGRP (calcitonin gene-related peptide) inhibitors, have provided more effective treatment options, attracting both patients and healthcare providers, further boosting the market for migraine drugs.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Global migraine drugs industry was valued at USD 6.2 billion in 2023 and is anticipated to register 6.7% CAGR between 2024 and 2032 due to the increasing incidence and prevalence of migraine along with growing awareness and diagnosis of migraine.

The hospital pharmacies segment in the market is anticipated to reach USD 4.9 billion by 2032, driven by increasing migraine cases needing specialized care, diverse drug offerings, and inpatient management of severe attacks,

North America migraine drugs market held 41.5% revenue share in 2023 due to advanced healthcare infrastructure, effective awareness campaigns, high diagnosis rates, and substantial healthcare spending.

AbbVie Inc., Amgen, Inc., Astellas Pharma, AstraZeneca Plc, Azurity Pharmaceutical, Inc., Dr. Reddy’s Laboratories, Inc., Eli Lilly and Company, Endo Pharmaceuticals, Inc., GlaxoSmithKline Plc, and Lannett Company, Inc., among others.