Global narcolepsy treatment market is expected to grow at a healthy CAGR in the forecast period of 2019-2026. Increase in demand of targeted mode of therapies and high unmet need of treatment are the key factors for growth of this market
For the growth of business, narcolepsy treatment market research report has a lot to offer and hence it plays a very important role in growth. Myriad of factors have been studied in this report that have an influence on the market and pharmaceutical industry. These factors can be listed as industry insight and critical success factors (CSFs), market segmentation, value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. The analysis mentioned in narcolepsy treatment report gives clear idea on various segments that are relied upon to view the quickest business development in the course of the estimate forecast frame.
Key Market Players:
Few of the major competitors currently working in the global narcolepsy treatment market are Vallon Pharmaceuticals Inc, AVADEL PHARMACEUTICALS, PLC, Jazz Pharmaceuticals plc, BIOPROJET, Hikma Pharmaceuticals PLC, Amneal Pharmaceuticals LLC, Teva Pharmaceutical Industries Ltd, Ligand Pharmaceuticals Incorporated, Novartis AG, Mylan N.V., Jubilant Life Sciences Ltd, Amneal Pharmaceuticals LLC, Alkem Labs, Alembic Pharmaceuticals Limited, Torrent Pharmaceuticals Ltd, Zydus Cadila, F. Hoffmann-La Roche Ltd, Johnson & Johnson Services, Inc and others
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Key Developments in the Market:
- In January 2018, AVADEL PHARMACEUTICALS, PLC received an Orphan Drug Designation from the FDA for FT 218, a once-nightly formulation of Micropump™ controlled-release (CR) sodium oxybate for the treatment of excessive daytime sleepiness and cataplexy in patients suffering from narcolepsy.
- In October 2017, Harmony Biosciences, LLC, has acquired the exclusive US right to develop, register and commercialize pitolisant, a selective histamine H3-receptor antagonist from BIOPROJET for the treatment of narcolepsy in adult patients with and without cataplexy. The acquistion of pitolisant, enables the company to accelerate the ability to address unmet needs for patients suffering from sleep and other central nervous system disorders.
Reasons to Purchase this Report
- Current and future of global narcolepsy treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Global narcolepsy treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global narcolepsy treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Segmentation: Global Narcolepsy Treatment Market
(Type 1 Narcolepsy, Type 2 Narcolepsy),
(Selective Histamine H3-Receptor Antagonist, Stimulants, Serotonin Reuptake Inhibitors, Tricyclic Antidepressants, Central Nervous System Depressant and Others),
Route of Administration
(Hospitals, Homecare, Specialty Clinics and Others),
(Hospital Pharmacies, Retail Pharmacies and Others),
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Following Are The Market drivers and restraints which will help to grow and manage the business in proper ways
- Growing prevalence of narcolepsy worldwide is drive the market growth
- The competitive scenario of market and strategic collaborations may boost the market position
- Huge financial support to the researchers for developing novel intervention is boosting the market growth
- High demand of disease specific novel treatment can also act as a market driver
- The high cost diagnosis and treatment of disease and unfavorable reimbursement scenario are expected to limit market growth
- Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
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