Lifestyle Drugs Market Research Report covers the present scenario and the growth prospects of the Lifestyle Drugs Industry for 2017-2021. Lifestyle Drugs Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Lifestyle Drugs globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Lifestyle Drugs Market:
- Eli Lilly
Other Prominent Vendors of Lifestyle Drugs Market Are:
- Acerus Pharmaceuticals
- Avanir Pharmaceuticals
- Corcept Therapeutics
- Cosmo Pharmaceuticals
- CTC Bio
- Dong-A ST
- Euthymics Bioscience
One trend in the market is the increase in M&A. The market has been witnessing an increase in M&A, which will lead to further consolidation. The vendors are pursuing inorganic growth strategies such as acquisitions and/or partnerships to expand their lifestyle drugs portfolio and to improve their presence in the market. For instance, in August 2015, Allergan completed the acquisition of Naurex. The acquisition enhanced Allergan’s portfolio of depression drugs with the addition of rapastinel, a Phase III-ready molecule that demonstrated rapid and sustained efficacy in multiple Phase II clinical studies in depression. With the patent expires in the market place, vendors are also looking to enhance their portfolio through acquisition of generics.
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According to the report, one driver in the market is the lifestyle changes. Lifestyle changes such as physical inactivity, stress, consumption of fast foods, and limited intake of water can lead to the development of acne. Research studies report that people who are physically inactive are prone to develop insulin resistance compared with active individuals. Insulin resistance leads to the production of higher levels of sebum in the skin, resulting in acne development. Research studies also put forth that excess insulin can increase the levels of androgens in the body. High levels of androgens also lead to an increased production of sebum in the skin, resulting in acne development.
Report also presents Geographical Segmentation analysis of Lifestyle Drugs Market of Americas, APAC, EMEA region.
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Further, the report states that one challenge in the market is the patent expiries. The market is currently dominated by key drugs, namely Cymbalta by Eli Lilly, Abilify by Bristol Myers Squibb (BMS), Cialis (tadalafil) by Eli Lilly, Staxyn/Levitra (vardenafil) by Bayer, and Viagra (sildenafil citrate) by Pfizer. The depression drugs such as Cymbalta witnessed a patent expiry in 2013. Due to the patent expiry, Cymbalta reported a YoY decline of 36.36% in 2015. Also, Abilify reported a YoY decline of 63.07% in 2015 due to patent expiration in the US and EU. In addition, the erectile dysfunction drugs Viagra (approved in 1998), Cialis (approved in 2003), Staxyn/Levitra (approved in 2003) drugs were approved long back, and their patents are nearing expiration in the next few years.
Key questions answered in Lifestyle Drugs market report:
- What will the Lifestyle Drugs market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving Lifestyle Drugs market?
- What are the challenges to Lifestyle Drugs market growth?
- Who are the key vendors in Lifestyle Drugs market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 91
Price of Report: $ 3500 (Single User License)
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