Migraine Nasal Spray Market Size & Share, by Drug Type (Ergotamine Dihydroergotamine, Ketorolac, Zolmitriptan); Distribution Channel (Hospital Pharmacies, Online Drug Store, Retail Pharmacies); Dosage (5 mg, 10 mg, 20 mg, 40 mg) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4059
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Migraine Nasal Spray Market size was over USD 502.18 million in 2023 and is poised to cross USD 1.18 billion by the end of 2036, witnessing more than 6.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of migraine nasal spray is estimated at USD 529.5 million.

The market growth can be attributed to growing prevalence of migraine, backed by the increased stress, depression, sleep deprivation, and anxiety prevalent amongst the population. In fact, migraine is the third most common disease, and approximately 1 billion people suffer from migraine worldwide. Furthermore, scientists suggest that humans are facing extreme weather changes, which can aggravate their health, making diseases, such as, migraine a common phenomenon. According to the World Meteorological Organisation, [R1] the decade 2011-2020 was the warmest on record, and the year 2020 is among the three warmest years globally. The increasing adulteration in food, hormonal misbalance, and longer screen time are also major reasons behind the growing number of migraine patients. Scientists have also found that migraine is more pervasive in women owing to hormonal changes, as 8 out of 10 people with migraine are women. As the number of patients with migraine is increasing exponentially, people are seeking an efficient remedy to eradicate the excruciating pain, which is expected to expand the global migraine nasal spray market.


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Migraine Nasal Spray Sector: Growth Drivers and Challenges

Growth Drivers  

  • Changing Lifestyle of People
  • Increase in Stress, Anxiety, and Consumption of Adulterated Food

Challenges 

  • Higher Adoption of Medicine over Spray
  • Side Effects, such as, Dry and Burning Eyes, and Sore Throat

Migraine Nasal Spray Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.8%

Base Year Market Size (2023)

USD 502.18 million

Forecast Year Market Size (2036)

USD 1.18 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Migraine Nasal Spray Segmentation

The global migraine nasal spray market is segmented by drug type into ergotamine dihydroergotamine, ketorolac, and zolmitriptan, out of which the zolmitriptan segment is anticipated to hold the largest share in the market over the forecast period on account of the low cost and higher efficiency of the drug. Also, the manufacturers of zolmitriptan have tried to nullify the side effects caused by the usage of migraine nasal spray making the product popular amongst people. 

Our in-depth analysis of the global migraine nasal spray market includes the following segments

By Drug Type 

  • Ergotamine Dihydroergotamine
  • Ketorolac
  • Zolmitriptan

By Distribution Channel

  • Hospital Pharmacies
  • Online Drug Store
  • Retail Pharmacies

By Dosage

 

  • 5 mg
  • 10 mg
  • 20 mg
  • 40 mg

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Migraine Nasal Spray Industry - Regional Synopsis

North America Market Statistics

Regionally, the global migraine nasal spray market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. North America industry is estimated to account for largest revenue share by 2036, impelled by increasing cases of migraine, raising awareness, and developing health care infrastructure. According to the report published in U.S. National Library for Medicine, migraine continues to be an important public health problem prevalent among 15.9% of all adults in the year 2018. Moreover, around 40% of US adults with migraine were unemployed in the same year. Hence, the governments in developed nations are addressing the disadvantages of migraines and making people aware of remedies, such as, migraine nasal spray, which is estimated to boost the market growth.

APAC Market Analysis

The migraine nasal spray market in the Asia Pacific region is expected to expand significantly over the forecast period. Highly populated countries such as India, China, and others, are estimated to offer a large consumer base for migraine nasal sprays, owing to the increasing cases of migraine in the region.

Research Nester
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Companies Dominating the Solar Cell Landscape

    • Upsher-Smith Laboratories, LLC
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings 
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis 
    • Dr. Reddy’s Laboratories Ltd.
    • AstraZeneca PLC
    • GlaxoSmithKline plc
    • Leucadia Pharmaceuticals (Custopharm, Inc.)
    • Assertio Therapeutics, Inc
    • Cipla Inc.
    • Impel Neuro Pharma.Inc
    • Tonix Pharmaceuticals Holding Corp.
    • Amneal Pharmaceuticals LLC 

In the News

  • March 22, 2022: Impel NeuroPharma, the manufacturer of migraine nasal spray Trudhesa, presented drug performance data at the 2022 scientific meeting of the American Academy of Neurology. The latest data shows rapid and consistent migraine relief with Trudhesa treatment.

Author Credits:  Radhika Pawar


  • Report ID: 4059
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The exponentially increasing number of migraine patients worldwide is the leading cause of the widening demand for migraine nasal sprays.

The market is anticipated to attain a notable CAGR over the forecast period, i.e., 2022-2031.

People often experience side effects such as unusual taste in the mouth, dizziness, and dry eyes. These adverse effects are estimated to hamper the market growth.

North America region is estimated to provide a good business opportunity for the market on account of good healthcare infrastructure and rising awareness among people.

The major players in the market are Upsher-Smith Laboratories, AstraZeneca plc, GlaxoSmithKline plc, Cipla Inc, Dr. Reddy’s Laboratories Ltd, Assertio Therapeutics, Inc., and Impel Neuro Pharma. Inc.
Migraine Nasal Spray Market Report Scope
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