Narcolepsy Drugs Market Analysis, Size, Share | Global Report 2022-2027

The latest research study by IMARC Group, “Narcolepsy Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” offers a comprehensive analysis of the industry, which comprises insights on global narcolepsy drugs market analysis.  The global narcolepsy drugs market size reached US$ 2.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.5 Billion by 2027, exhibiting a CAGR of 7.70% during 2022-2027.

Narcolepsy Drugs Industry Outlook:

Narcolepsy drugs represent the pharmaceutical medicines used for the treatment of chronic sleep disorders that are characterized by cataplexy or sudden loss of muscle strength, excessive daytime sleepiness (EDS), sleep paralysis, hallucinations, fragmented sleep, insomnia, etc. Additional symptoms may include blurred vision, automatic behaviors without conscious awareness, double vision or droopy eyelids, disturbed mental functioning, etc. Furthermore, patients suffering from narcolepsy tend to sleep the same number of hours per day as normal individuals; however, sleep quality tends to be poorer. Some of the commonly utilized narcolepsy drugs are sodium oxybate, central nervous system stimulants, selective serotonin reuptake inhibitors, tricyclic antidepressants, etc. They assist in improving wakefulness in adult patients and minimizing sleepiness, hallucinations, cataplexy, etc.

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Market Trends:

The growing prevalence of sleep-related disorders is primarily driving the narcolepsy drugs market. Additionally, the rising consumer awareness towards the availability of various treatment alternatives is further catalyzing the market growth. Besides this, continuous improvements in the diagnostic technologies for narcolepsy are acting as significant growth-inducing factors.

Moreover, the expanding geriatric population, who are more susceptible to such ailments, and extensive R&D activities in the field of neurology are also positively influencing the global market. Apart from this, the leading manufacturers are developing variants with reduced side effects and long-term benefits, which is anticipated to fuel the narcolepsy drugs market over the forecasted period.

Key Market Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:

• Narcolepsy with Cataplexy
• Narcolepsy without Cataplexy
• Secondary Narcolepsy

Breakup by Disease Type:

• Daytime Extreme Sleepiness
• Cataplexia
• Others

Breakup by Therapeutic Type:

• Sodium Oxybate
• Central Nervous System Stimulants
• Tricyclic Antidepressants
• Selective Serotonin Reuptake Inhibitor
• Others

Breakup by Geography:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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List of Key Companies Covered in this Market Report:

The major players in the market are Avadel Pharmaceuticals plc, Axsome Therapeutics Inc., Bioprojet Pharma, Graymark Healthcare Inc., Jazz Pharmaceuticals plc, Ligand Pharmaceuticals Incorporated, Novartis AG, SHIONOGI & Co. Ltd., Takeda Pharmaceutical Company Limited and Teva Pharmaceutical Industries Ltd.

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