Latest Innovation in Narcolepsy Market Recent Development, New Opportunities, Systematic Analysis and Growth by 2027

Worldwide Narcolepsy Market Analysis to 2027 is a specialized and in-depth study of the Narcolepsy industry with a focus on the global market trend. The report aims to provide an overview of global Narcolepsy market with detailed market segmentation by product/application and geography.

According to a new market research study titled 'Narcolepsy Market - Global Analysis and Forecasts by Type, Product and Distribution Channel’ Narcolepsy Market is expected to reach US$ 4,537.9 Million during the Forecast 2019-2027 Due to rising prevalence of sleep related neurological.

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Some of the prominent players operating in narcolepsy market are

- Bioprojet
- Teva Pharmaceutical Industries Ltd.
- Jazz Pharmaceuticals, Inc.
- Graymark Healthcare, Inc.
- Arena Pharmaceuticals, Inc.
- Shire (Acquired by Takeda)
- Ligand Pharmaceuticals, Inc.
- Novartis AG, Mylan N.V.
- Shionogi Inc.

The global Narcolepsy market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Narcolepsy players and offers key trends and opportunities in the market.

Key factors driving the market are rising prevalence of sleep related disorders, emerging local pharmaceutical & biopharmaceutical companies, and increasing awareness regarding neurological disorders. However, factors such as side effects and risks associated with narcolepsy medications and delayed diagnosis or misdiagnosis of narcolepsy are likely to restrain the market growth to a certain extent.

The Asia Pacific narcolepsy market is expected to grow at highest rate during the forecast period owing higher number of research & development and increasing investments on sleep related neurological disorders. In addition, emergence of new local players with competitive drug portfolio are expected to fuel the market growth in Asia Pacific region.

The market players are focused towards bringing new and innovative products and services to sustain their position in the market. For instance, in October, 2018, Officials with the FDA have approved Jazz Pharmaceuticals' Xyrem (sodium oxybate) for the treatment of cataplexy and excessive daytime sleepiness in pediatric patients aged 7 to 17 years with narcolepsy. The drug had previously been approved for use in adult patients. The developments performed by the companies are helping the market to grow in the coming years.

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Strategic Insights

Strategic acquisition and product launches were observed as the most adopted strategy in global narcolepsy industry. Few of the recent product launch and acquisitions are listed below:

2018: Jazz Pharmaceuticals announced FDA approval of Xyrem (sodium oxybate) for the treatment of cataplexy or excessive daytime sleepiness in pediatric narcolepsy patients

2019: Takeda Pharmaceutical Company Limited acquired Shire plc to expand its geographic footprint and leading position in Japan and the U.S.

2018: Jazz Pharmaceuticals announced FDA acceptance of supplemental new drug application for Xyrem (sodium oxybate) to treat cataplexy and excessive daytime sleepiness in pediatric narcolepsy patients

Global Narcolepsy Market - By Type

• Narcolepsy with Cataplexy
• Narcolepsy without Cataplexy
• Secondary Cataplexy

Global Narcolepsy Market – By Product

• Central Nervous System (CNS) Stimulants
• Antidepressants

Global Narcolepsy Market – By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Narcolepsy market based on product and application. It also provides market size and forecast till 2027 for overall Narcolepsy market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.

The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Key Benefits of Buying this Research Study:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Narcolepsy Market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the Narcolepsy Market, thereby allowing players across the value chain to develop effective long term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

• Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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