Gabapentin Market to Grow with Leading Key Players

Global Gabapentin market reached at a Significant CAGR during the forecast period 2024-2031.

The Gabapentin market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Gabapentin is a prescription medication used to treat nerve pain, epilepsy, and restless leg syndrome. It works by affecting nerve signals in the brain to reduce seizures and relieve pain caused by conditions like shingles. Gabapentin is also prescribed off-label for anxiety and migraine prevention. Common side effects include dizziness, drowsiness, and fatigue.

Forecast Growth Projected:

The Global Gabapentin Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Gabapentin Market:

Zydus Pharmaceuticals, Inc., Glenmark Pharmaceuticals Limited, Sun Pharmaceutical Industries Ltd., Ascend Laboratories, LLC, Apotex Inc., Teva Pharmaceutical Industries Ltd., Aurobindo Pharma USA, Amneal Pharmaceuticals LLC, Pfizer Inc., and Cipla Inc.

Industry Development:

In early 2023, two pharmaceutical companies received approvals from the U.S. Food and Drug Administration (USFDA) for their generic versions of gabapentin tablets, indicated for the management of postherpetic neuralgia (PHN):

𝗭𝘆𝗱𝘂𝘀 𝗣𝗵𝗮𝗿𝗺𝗮𝗰𝗲𝘂𝘁𝗶𝗰𝗮𝗹𝘀 (𝗨𝗦𝗔) 𝗜𝗻𝗰.: On February 20, 2023, Zydus, a subsidiary of Zydus Lifesciences Limited, received tentative approval from the USFDA for once-daily Gabapentin Tablets in 300 mg and 600 mg strengths, referencing Gralise® Tablets. The drug is set to be manufactured at their Moraiya facility.

𝗚𝗿𝗮𝗻𝘂𝗹𝗲𝘀 𝗜𝗻𝗱𝗶𝗮 𝗟𝘁𝗱.: On March 29, 2023, Granules India announced USFDA approval for their generic Gabapentin Tablets USP in 600 mg and 800 mg strengths, bioequivalent to Neurontin Tablets by Viatris Specialty LLC. This approval marks Granules' 55th Abbreviated New Drug Application (ANDA) approval from the USFDA.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Gabapentin Market:

By Type: (eneric, Branded

By Dosage Form: Tablet, Capsule, Solution

By Application: Neuropathic Pain, Epilepsy, Restless Leg Syndrome, Anxiety, Others

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Gabapentin Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Gabapentin market?

➠ Who are the global key manufacturers of the Gabapentin Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Gabapentin market opportunities and threats faced by the vendors in the global Gabapentin Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Gabapentin market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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