Overview:
Amitriptyline is a tricyclic antidepressant that is used to treat a variety of health conditions such as chronic neuropathic pain, depression, and others. The medication is also used to treat migraines in Off-label. Certain chemical messengers (neurotransmitters) that interact between brain cells and help control mood are affects by amitriptyline. The drug is available in combinations such as Limbitrol Tablet (amitriptyline and chlordiazepoxide) and Anxipan (amitriptyline and pantoprazole).
Get PDF Brochure with Latest Insights @ https://www.coherentmarketinsights.com/insight/request-pdf/4226
The global amitriptyline market is accounted to be valued around US$ 527.4 million in 2020 and is expected to register a CAGR of 5.3% over the forecast period (2020-2027).
Driver:
Increasing concerns of migraine, neuropathic pain, and related disorders are expected to propel growth of the global amitriptyline market over the forecast period. For instance, in 2010, according to clinical evaluation study published in National Center for Biotechnology Information (NCBI), the estimated community prevalence of neuropathic pain from the clinical examination (gold standard) was 9.8%. This condition is more common in the geriatric population.
Furthermore, amitriptyline is an off-label, inexpensive and effective agent, which is useful for treatment of tension-type headache and migraine. For instance, in 2019, according to Migraine Research Foundation, migraine is the third most common disease in the world, and has affected around 39 million children, men and women in the U.S. and 1 billion globally.
Restraint:
The unbearable side effects of amitriptyline are affecting the need for medication, which is expected to hinder growth of the global amitriptyline market. Side effects of amitriptyline include vomiting, nausea, drowsiness, nightmares, weakness or fatigue, changes in sex drive, headache, constipation, dry mouth and more. Moreover, side effects of medication can change a patient’s preference for alternative therapies.
Regional Analysis:
North America amitriptyline market is expected to register significant growth over the forecast period due to rising incidence of neuropathic pain around the U.S. population. For instance, in 2018, according to a study published in the Journal of Pain Research, the reported prevalence of neuropathic pain in the U.S. was 10%. Moreover, according to the National Institute of Neurological Disorders and Stroke (NINDS) report, 20 million Americans have some type of peripheral neuropathy.
Market Segment:
- By Strength: 10 mg tablets, 25 mg tablets, 50mg tablets, 75 mg tablets, 100 mg tablets, 150 mg tablets.
- By Indication: Depression, Nocturnal Enuresis, Migraine, Chronic Neuropathic Pain, Others.
- By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Key Players:
Key players are dominating in the global amitriptyline market including Accord Healthcare Inc., Sandoz Inc., Mylan Pharmaceuticals Inc., Sun Pharmaceutical Industries Inc., Zydus Pharmaceuticals USA Inc., Vintage Pharmaceuticals Inc., Torrent Pharmaceuticals Ltd., and Watson laboratories Inc.
Purchase This Premium Report To Access Full Information @ https://www.coherentmarketinsights.com/insight/buy-now/4226
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
