Jersey City, New Jersey, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Narcolepsy Drugs Market” By Disease Type (Daytime Extreme Sleepiness, Cataplexia), By Therapeutics Type (Central Nervous System Stimulants, Sodium Oxybate), and By Geography.
Narcolepsy Drugs Market size was valued at USD 2937 Million in 2021 and is projected to reach USD 6726 Million by 2030, growing at a CAGR of 9.65% from 2022 to 2030, according to the most recent study from Verified Market Research.
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Browse in-depth TOC on “Narcolepsy Drugs Market”
202 - Pages
126 – Tables
37 – Figures
Report Scope
Global Narcolepsy Drugs Market Overview
The rise in the number of patients with narcolepsy, increasing medical conditions, and awareness are some of the factors likely to fuel the market growth. Narcolepsy’s actual cause is unknown. Furthermore, most persons with type 1 narcolepsy, that is narcolepsy with cataplexy, have low levels of hypocretin, a brain protein. Hypocretin regulates your sleep-wake cycles, among other things. Other factors including stress, brain damage, toxicity exposure, and infection could also contribute to its cause.
The risk factors for this disorder include factors such as Family Background, Age, and Previous brain disturbances. If any first-degree family member is a patient of Narcolepsy, there will be higher chances of its cause to another family member. In regards to age, there can be occurrences between the ages of 15 and 36. There is little chance of its cause if the area of the brain injured regulates the sleep-wake cycle. Depression and anxiety are commonly seen conditions in people with narcolepsy, although it’s unclear if these are symptoms of the disorder or the result of its symptoms hurting their standard of living.
Key Developments
- In March 2022, Pfizer completed the acquisition of Area Pharmaceuticals, which worked in developing innovative methods of treatments for various chronic diseases.
- In December 2021, Ligand and GSK announced the expansion of collaboration across the globe and the License Agreement. Icagen’s particle discovery technology and competence in small-molecule treatments targeting membrane proteins will be used to fuel the expansion.
Key Players
The major players in the market are Arena Pharmaceutical, Inc., Bioprojet Pharma SRL, Ligand Pharmaceuticals Inc, Addrenex Pharmaceuticals, Shire Plc, Teva Pharmaceutical Industries Ltd., Jazz Pharmaceuticals Plc., GrayMark Healthcare Inc., Novartis AG.
Based on their research, Verified Market Research has segmented the global Narcolepsy Drugs Market.
- Narcolepsy Drugs Market, by Disease Type
- Daytime Extreme Sleepiness
- Cataplexia
- Others
- Narcolepsy Drugs Market, by Therapeutics Type
- Central Nervous System Stimulants
- Sodium Oxybate
- Tricyclic Antidepressants
- Others
- Narcolepsy Drugs Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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