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.
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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- The narcolepsy treatment report gives widely inclusive point of view identified with the narcolepsy treatment market and discusses various crucial factors affecting it.
- Various research apparatuses and procedures such as SWOT analysis, PESTEL examination and so on have been utilized to explore distinctive market factors completely.
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- 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
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.
Key Reasons to Purchase Narcolepsy treatment Report:
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Segmentation: Global Narcolepsy Treatment Market
Type 1 Narcolepsy
Type 2 Narcolepsy
Selective Histamine H3-Receptor Antagonist
Serotonin Reuptake Inhibitors
Central Nervous System Depressant
By Route of Administration
By End Users
By Distribution Channel
Middle East & Africa
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