About Migraine
Migraine is a common neurological disorder characterized by repeated attacks of intense throbbing pain in the head. Headaches are often unilateral and can last four hours to three days. The pain is often associated with other symptoms, such as nausea, vomiting, increased sensitivity to light (photophobia), increased sensitivity to sound (phonophobia), numbness or tingling in the legs or feet, sweating, and diarrhea. Migraines are more common in women, with 17.0% of women reporting attacks each year compared to 6.0% of men. The majority of currently available drugs are approved for the acute form of the disease, led by generic triptans as first-line therapy. The market saw a shift in terms of strong research and development with the introduction of CGRP-based therapies and the entry of new drug classes such as Ditans, Gepants, and the reformulation of triptans for chronic and episodic migraines.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Global migraine is a fragmented market due to the presence of various players. The players are focusing on investing more planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amgen Inc. (United States), AstraZeneca (United Kingdom), Bristol-Myers Squibb Company (United States), F. Hoffmann-La Roche Ltd (Switzerland), Novartis AG (Switzerland), Pfizer Inc. (United States), Sanofi (France), Merck KGaA (Germany), Eli Lilly and Company (United States), Johnson & Johnson Services, Inc. (United States), AbbVie Inc. (United States) and Gilead Sciences, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Alder Biopharmaceuticals (United States), BioHaven Pharmaceutical Holding Company Ltd. (United States), AOBiome therapeutics (United States), Allodynic therapeutics (United States) and Zosano Pharma Corp (United States).
Segmentation Overview
AMA Research has segmented the market of Global Migraine market by Type (Acute treatment, - Triptans, - Ergot Alkaloids, - Non-specific drugs, Preventive/ Prophylactic treatment, - Anticonvulsants, - Antidepressants, - Beta Blockers and - Others), Application (Episodic migraine, Chronic migraine, Migraine with Aura, Migraine without Aura and Others) and Region.
On the basis of geography, the market of Migraine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Retail Pharmacies will boost the Migraine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Increased Prescription of Calcitonin Gene-Related Peptide (CGRP) Antagonists, Gepants, and Monoclonal Antibodies (Mabs) As a Preventive Migraine Treatment
Market Growth Drivers:
Increase in prevalence of Migraine, Growing Female Population and Rising awareness about Migraine Treatment and Prevention among Patients
Challenges:
The High Usage of Generic Products
Restraints:
Side Effect of Migraine Drugs and The Patent Expiration of Medicines Will Lead To Cheap Generics Flooding the Market and Negatively Impacting the Branded Sales
Opportunities:
Emerging Migraine Therapies and Growth Opportunities in Emerging Economies
Market Leaders and their expansionary development strategies
In September 2022, Roche had signed a definitive merger agreement for the acquisition of US-based biopharmaceutical company Good Therapeutics for an upfront payment of USD 250 million in cash. Good Therapeutics focuses on the development of PD-1-regulated IL-2 drugs that are based on innovative conditionally active drug technology.
In September 2022, Axsome Therapeutics enrolled the first patient in a phase 3 trial of AXS-07 for the acute treatment of migraine.
Key Target Audience
Migraine Drug Producers, Healthcare Sector, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.