Fibromyalgia Treatment Market by 2021 Trends Progresses for Huge Profits expected to witness a CAGR of 3.3% during the forecast period | Coherent Market Insights
Fibromyalgia is a common and complex disorder characterized by widespread musculoskeletal pain accompanied by fatigue, sleep, memory, and mood issues, affecting individuals physically, mentally, and socially. It is often a lifelong condition. Medication, talk therapy, and stress reduction may help in controlling the symptoms of the condition. New medications are providing renewed hope for the treatment of this condition. Lyrica (2007), Cymbalta (2008), and Savella (2009) are some medications approved to help manage fibromyalgia.
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Increasing incidence of fibromyalgia around the world is expected to propel growth of the global fibromyalgia treatment market during the forecast period. As per the National Fibromyalgia and Chronic Pain Association, in 2015, round 210 million people, 2 to 4% of the world’s population, were affected by fibromyalgia syndrome.
Moreover, increasing demand for generics for the treatment of fibromyalgia and the increase in launches of novel drugs, is expected to drive the global fibromyalgia treatment market growth. Market players are focused on launching generic versions of branded drugs to meet the increasing demand. For instance, in March 2017, Intec Pharma Ltd. announced the initiation of a clinical trial of AP-CBD/THC, its Accordion Pill platform, for various indications, including Fibromyalgia.
Growth of the global fibromyalgia treatment market, in North America, is driven by the increasing prevalence of fibromyalgia in this region, especially in the United States. As per the National Fibromyalgia Association, around 10 million Americans were affected by fibromyalgia in 2015.
Major Key Players Include In Fibromyalgia Treatment Market: Eli Lilly and Company, Pfizer, Inc., Novartis AG, Allergan plc, Sun Pharmaceutical Industries Ltd., Aptinyx, Inc., Prismic Pharmaceuticals, Inc., Innovative Med Concepts, Inc., Intec Pharma Ltd., and Astellas Pharma Inc.
Main points in Fibromyalgia Treatment Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Fibromyalgia Treatment Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Fibromyalgia Treatment Industry Impact
Chapter 2 Global Fibromyalgia Treatment Competition by Types, Applications, and Top Regions and Countries
2.1 Global Fibromyalgia Treatment (Volume and Value) by Type
2.3 Global Fibromyalgia Treatment (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Fibromyalgia Treatment Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Fibromyalgia Treatment Market Analysis
Chapter 6 East Asia Fibromyalgia Treatment Market Analysis
Chapter 7 Europe Fibromyalgia Treatment Market Analysis
Chapter 8 South Asia Fibromyalgia Treatment Market Analysis
Chapter 9 Southeast Asia Fibromyalgia Treatment Market Analysis
Chapter 10 Middle East Fibromyalgia Treatment Market Analysis
Chapter 11 Africa Fibromyalgia Treatment Market Analysis
Chapter 12 Oceania Fibromyalgia Treatment Market Analysis
Chapter 13 South America Fibromyalgia Treatment Market Analysis
Chapter 14 Company Profiles and Key Figures in Fibromyalgia Treatment Business
Chapter 15 Global Fibromyalgia Treatment Market Forecast (2021-2027)
Chapter 16 Conclusions
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- Current and future of Fibromyalgia Treatment Market outlook in the developed and emerging markets
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