The size of the global drug market in 2018 was about $ 2,400 million in 2018 and is projected to reach + $ 5,400 million by 2024 and register a CAGR of 10% + from 2019 to 2024. Symptoms include periods of excessive daily sleep that last from seconds to minutes and may occur at any time. About 70% of people experience episodes of a sudden loss of muscle power, known as cataplexy, which can also affect patients’ emotional well-being. Rarely, falling asleep or waking up may be marked by inactivity or delusions. People who suffer from drugs sleep nearly as many hours a day as people without them, but the quality of sleep is much worse.
The low incidence of narcolepsy makes it an orphan disease. However, the importance of narcolepsy drugs is not affected by the low prevalence rate, as symptoms such as cataplexy can be life-threatening for patients suffering from drugs. In addition, stressful lifestyles and increased consumption of alcohol, tobacco, and coffee are expected to increase the risk of drug use. In addition, high disposable income and increased awareness of the benefits of narcotic drugs are projected to grow globally.
Narcolepsy is a rare and underdiagnosed chronic disease, so there are many undiagnosed patients worldwide. Increasing the severity of the disease and increasing the number of drug users are key drivers of the growth of the drug market. In addition, opioids can also be used to treat sleep apnea. In addition, the availability of the reimbursement process for FDA-prescribed drugs increases the demand for these drugs. However, lack of awareness of the diagnosis and availability of treatment is expected to hamper the market growth. In contrast, the increasing number of programs organized by different organizations is projected to spread awareness to provide profitable opportunities for market growth.
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Key Market Segments:
Key Market Players:
- Jazz Pharmaceuticals
- Teva Pharmaceutical
By Disease Type:
- Daytime Extreme Sleepiness
By Therapeutics Type:
- Central Nervous System Stimulants
- Tricyclic Antidepressants
- Sodium Oxybate
- Selective Serotonin Reuptake Inhibitor
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Table of Content:
Chapter One Narcolepsy Drugs Overview
Chapter Two Industry Chain Analysis
Chapter Three Market Dynamics of Narcolepsy Drugs Industry
Chapter Four North America Market of Narcolepsy Drugs (2014-2019)
Chapter Five North America Market Forecast (2019-2024)
Chapter Six North America Raw Material Supply Analysis
Chapter Seven North America Narcolepsy Drugs Consumer Analysis
Chapter Eight Analysis of North America Key Manufacturers (Including Company Profile, SWOT Analysis, Production Information, etc.)
Chapter Nine Research Conclusions of North America Narcolepsy Drugs Industry
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