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Technological advancements in narcolepsy therapeutics are significantly driving market growth, particularly through the development of novel drugs and innovative delivery methods.
The retail pharmacies segment in the narcolepsy therapeutics market held 48.6% revenue share in 2023 driven by their widespread accessibility and recommended over-the-counter products for narcolepsy management.
North America market size accounted for USD 1.6 billion in 2023, owing to the increased awareness among the public and healthcare professionals from campaigns and educational initiatives.
Global industry size for narcolepsy therapeutics was valued at USD 3.6 billion in 2023 and is anticipated to register 8.2% CAGR between 2024 and 2032 due to the introduction of novel therapeutic products and advancements in R&D activities
Avadel Pharmaceuticals, Axsome Therapeutics Inc., Harmony Biosciences, Jazz Pharmaceuticals PLC, Mylan N.V., Novartis AG, Rhodes Pharmaceuticals L.P., Shionogi Inc., and Takeda Pharmaceutical Company, among others.