|Market Size in 2018||Market Forecast in 2025||Growth Rate (in %)||Base Year|
|USD 2,727.3 million||USD 3,493.4 Million||CAGR at 3.6%.||2018|
Fibromyalgia Therapeutics Market
The report covers forecasts and analyses for the global fibromyalgia therapeutics market. The study provides historic data from 2016 to 2018 along with forecasts from 2019 to 2025 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports, and other sources have also been considered to arrive at the indicated market numbers.
Fibromyalgia is a disease that causes muscle pain and exhaustion. In the event of fibromyalgia, psychiatric illnesses are progressively common, and with the growing occurrence rate, post-traumatic stress disorders are also seen. In patients with fibromyalgia, screening for symptoms of post-traumatic stress disorders is also an important component of the evaluation process.
The study provides a decisive view of the fibromyalgia therapeutics market by segmenting the market based on drug class, distribution channel, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. On the basis of drug class, the fibromyalgia therapeutics market is segmented into antidepressants, antiepileptics, muscle relaxants, analgesics, and other drugs. Antidepressant drugs are majorly used for fibromyalgia treatment. These medicines help to comfort the fatigue and pain associated with the disorder. The antiepileptic drugs segment accounted for a large share of the fibromyalgia therapeutics market in 2018. Gabapentin and Pregabalin are the major antiepileptic drugs prescribed for fibromyalgia treatment.
By distribution channel, the fibromyalgia therapeutics market is segmented into hospital pharmacy, online pharmacy, and retail pharmacy. The hospital pharmacy accounted for a larger share of the fibromyalgia therapeutics market. Online pharmacy is likely to register a high CAGR in the global market. Regional segmentation includes the current and forecast demand for the Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further bifurcation into major countries.
The study also includes drivers and restraints for the fibromyalgia therapeutics along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the fibromyalgia therapeutics market on a global level. It is observed that the increasing incidents of traumatic stress and road accidents are the main driving factor of the therapy industry for fibromyalgia. Research released in the Pain Research and Management Journal discovered that fibromyalgia syndrome followed physical trauma in 2014. It was discovered that 8 percent of people experienced extensive chronic pain in the research, performed with a particular cohort of people engaged in motor car accidents. The research also showed the incidence rate of fibromyalgia in Israel victims of a 15 percent train crash.
|Report Attributes||Report Details|
|Report Name||Fibromyalgia Therapeutics Market Research Report|
|Market Size in 2018||USD 2,727.3 million|
|Market Forecast in 2025||USD 3,493.4 Million|
|Growth Rate||CAGR of 3.6%.|
|Number of Pages||110|
|Key Companies Covered||distributors, retailers, and industry experts. Pfizer, Inc., Eli Lilly, and Company, Novartis AG, Sun Pharmaceutical Industries Ltd., Allergan Plc, Aptinyx, Inc., Astellas Pharma, Inc., Innovative Med Concepts, Inc., Prismic Pharmaceuticals, Inc., Intec Pharma Ltd., Sanofi, and Bayer AG.|
|Segments Covered||By Drug Class, By Distribution Channel and By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)|
|Historical Year||20518 to 2025|
|Forecast Year||2019 - 2025|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
The report also provides a company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers, and industry experts. Pfizer, Inc., Eli Lilly, and Company, Novartis AG, Sun Pharmaceutical Industries Ltd., Allergan Plc, Aptinyx, Inc., Astellas Pharma, Inc., Innovative Med Concepts, Inc., Prismic Pharmaceuticals, Inc., Intec Pharma Ltd., Sanofi, and Bayer AG.
This report segments the global fibromyalgia therapeutics market as follows:
Global Fibromyalgia Therapeutics Market: Regional Segment Analysis