The global migraine drugs market is estimated to grow at a CAGR of over 9% during the forecast period. The market growth is attributed to the rising incidences of migraines, extreme exposure to screens and stressed lifestyle, presence of robust pipeline, and increasing R&D expenditures. Further, the development of novel drugs and the approvals by the US FDA is expected to provide growth opportunities to the market in the near future. Migraine is a neurological disease with extremely incapacitating neurological symptoms. As per the Migraine Research Foundation in 2019, migraine is the 6th most disabling illness across the globe.
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Migraine attacks are caused due to various disabling symptoms including visual disturbances, dizziness, nausea, and others. Every 10 seconds, someone in the US goes to the emergency room complaining of headaches, and around 1.2 million visits are for acute migraine attacks. Most sufferers experience migraine attacks once or twice a month, more than 4 million people have a chronic daily migraine, with at least 15 migraine days per month. The migraine patients use 2.5 times the amount of prescription drugs and have six times as many diagnostic tests and services. Thus, the increasing prevalence of migraine increases the demand for more and more therapeutics for getting relief, which in turn, drives the overall market.
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Global Migraine Drugs Market Segmentation
By Treatment Type
Acute Migraine Treatment
Preventive Migraine Treatment
By Route of Administration
Oral
Injectable
Others (Spray)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Allergan Plc
Amgen Inc.
Astrazeneca PLC
Bausch Health Companies Inc.
Biohaven Pharmaceutical Holding Co. Ltd.
Dr. Reddy's Laboratories Ltd.
Eli Lilly & Co.
GlaxoSmithKline Plc
H. Lundbeck A/S
Johnson & Johnson Services Inc.
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