Narcolepsy Market Size, Share, Regional Trends, Industrial demand And Forecast by 2027
Narcolepsy Market Research Report, By Type (Type 1, Type 2 Narcolepsy) Diagnostics (Poysomnogram, Multiple Sleep Latency Test) Treatments (Stimulants, Antidepressants, Sodium Oxybate) End Users (Hospitals, Retail Pharmacies) – Global Forecast to 2027
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Increasing prevalence of narcolepsy and a growing obese population will encourage the global market for narcolepsy, growing at a CAGR of 8.2% during the forecast period
subdivision
The global Narcolepsy market is segmented on the basis of type, diagnosis, treatment, and end user.
By type, the market is split into type-1 narcolepsy, type-2 narcolepsy, and others.
On the basis of diagnosis, the market is segmented into polysomnogram, multiple sleep latency tests, and others. On the basis of treatment, the market is segmented into stimulants, antidepressants, sodium oxybates, and others. The stimulant segment is subdivided into modafinil, armodafinil and others. The antidepressant segment is subdivided into triglycerides, selective serotonin and noradrenaline reuptake inhibitors, and others. Trimeric segment is further divided into imipramine, desipramine, clomipramine and others. The selective serotonin and noradrenaline reuptake inhibitor segment was subdivided into venlafaxine, fluoxetine, and others. On the basis of end users, the market is segmented into hospitals, clinics, retail pharmacies, and other regions.
regional analysis
The US dominates the global narcolepsy market . This can be attributed to the well-developed healthcare sector, high healthcare spending and the presence of a huge patient population. In addition, the presence of developed countries such as the US and Canada and global players such as Mylan NV, Ligand Pharmaceuticals, Inc. drives the market growth. Europe is estimated to be second in the global narcolepsy market because of the availability of funds for research, a huge patient population, an increase in obesity, and the presence of developed countries such as France, Italy and Germany in the region. The Asia-Pacific region is estimated to be the fastest growing region in the global giant market because developing countries such as India and China exist and develop the medical sector. The Middle East and Africa hold the lowest share of the global narcolepsy market due to the presence of poor economies and strict government policies, especially in the African region. Most of the narcolepsy markets in the Middle East and Africa are held by the Middle East. This can be attributed to the huge healthcare spending and the presence of a well-developed healthcare sector in the region.
key players
Some of the major market players in the global narcolepsy market are Jazz Pharmaceuticals plcs plc (Republic of Ireland), BIOPROJET (Paris), Arena Pharmaceuticals, Inc. (USA), Greymark Healthcare, Inc. (USA), Mylan NV. (USA, Teva Pharmaceutical Industry (Israel), Novartis AG (Switzerland), Shire (Republic of Ireland), Shionogi (USA), Ligand Pharmaceuticals, Inc. (USA) and others.
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