Product ID: UCMIG35I2148
Gabapentin Market Size, Share, Growth Analysis, By Dosage Form(Tablet, Capsule), By Type(Generic, Branded), By Application(Epilepsy, Neuropathic Pain), By Distribution Channel(Hospital Pharmacy, Retail Pharmacy), By Regional(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG35I2148 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Gabapentin Market Insights
Market Overview:
The global gabapentin market experienced significant growth in 2022, with an estimated size of USD 2,022.84 million. Looking ahead, the market is projected to witness a compound annual growth rate (CAGR) of 5.35% from 2023 to 2030. This growth can be attributed to several factors, including the rising prevalence of neurological disorders such as epilepsy and neuropathic pain, which are commonly treated with gabapentin. Additionally, the increasing geriatric population and the expanding use of gabapentin in off-label indications contribute to the market's expansion. As a result, the gabapentin market is anticipated to offer lucrative opportunities for pharmaceutical companies and Health Care providers in the coming years.
Gabapentin Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Gabapentin Market Report Snapshots
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