According to the latest report by IMARC Group, titled “Migraine Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global migraine drugs market grew at a CAGR of around 14% during 2014-2019. Migraine is a neurological condition that causes severe headache accompanied with various autonomic symptoms, such as nausea, vomiting, photophobia, and phonophobia. The diagnosis of this condition is determined based on patient clinical history, reported symptoms, magnetic resonance imaging, and computerized tomography scans. Currently, over-the-counter (OTC) medicines and prescribed injections are widely available to relieve the symptoms and reduce the frequency of migraine attacks. These medicines are either administered regularly or during attacks of chronic pain.
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The high prevalence of migraine based on the hectic consumer work schedules and sedentary lifestyles is augmenting the demand for migraine drugs. Moreover, several improvements in the reimbursement policies for migraine medications, along with the growing demand for precision drugs, are also augmenting the market growth. Furthermore, the increasing adoption of electrical nerve stimulating devices to treat migraine and faster drug approvals by several regulatory bodies are also propelling the global market. In addition to this, the introduction of calcitonin gene-related peptide (CGRP)-based therapies is expected to further drive the global market for migraine drugs. Looking forward, IMARC Group expects the global migraine drugs market to exhibit strong growth during the forecast period (2020-2025).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global migraine drugs market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, treatment type, drug type, route of administration and distribution channel.
Breakup by Treatment Type:
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