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Gamma-aminobutyric acid (GABA) receptor agonist market has been growing significantly across the globe. The market is expected to show an increased growth rate post COVID-19 as there are surging cases of the neurodegenerative disorders across he regions which will further boost the adoption of gamma-aminobutyric acid (GABA) receptor agonist.
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Data Bridge Market Research analyses that the gamma-aminobutyric acid (GABA) receptor agonist market will grow at a CAGR of 8.2% during the forecast period of 2022 to 2029.
Drivers
The rise in the neurodegenerative disorders such as the Alzheimer’s disease and Parkinson’s disease across the globe will result in the expansion of the growth rate of the market. Moreover, the vulnerable aging population is expected to expand the market’s growth within the forecasted period.
Moreover, the adoption of unhealthy lifestyle that increases the risk of evolving mental health disorders are also the growth determinants which bolster the growth of the market. Also, the availability of the treatment will further enhance the growth of gamma-aminobutyric acid (GABA) receptor agonist market.
Furthermore, development in advanced therapy areas, rise in health care spending and the advancement in medical technology will expand the gamma-aminobutyric acid (GABA) receptor agonist market. Additionally, the strong pipeline of upcoming molecules and a favorable reimbursement scenario result in the expansion of gamma-aminobutyric acid (GABA) receptor agonist market.
Opportunities
Moreover, the rise in the research and development activities and increasing investments will boost new opportunities for the market’s growth rate.
Furthermore, the increased funding by government and private organizations across emerging economies for treatment of neurological disorders will provide beneficial opportunities for the gamma-aminobutyric acid (GABA) receptor agonist market in the forecast period of 2022-2029. Also, increased surveys, studies and awareness programs will escalate the growth rate gamma-aminobutyric acid (GABA) receptor agonist market in future.
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Gamma-aminobutyric Acid (GABA) Receptor Agonist Market Scope
Indication
On the basis of indication, the gamma-aminobutyric acid (GABA) receptor agonist market is segmented into insomnia, epilepsy, spasticity, anxiety and others.
Drugs
On the basis of drugs, the gamma-aminobutyric acid (GABA) receptor agonist market is segmented into zolpidem, topiramate, baclofen and others.
Therapeutics
On the basis of therapeutics, the gamma-aminobutyric acid (GABA) receptor agonist market is segmented into bamaluzole, phenibut, baclofen and gaboxadol.
Route of Administration
On the basis of route of administration, the gamma-aminobutyric acid (GABA) receptor agonist market is segmented into oral, parenteral, intrathecal and others.
End Users
On the basis of end users, the gamma-aminobutyric acid (GABA) receptor agonist market is segmented into hospitals, specialty clinics and others.
Distribution Channel
The gamma-aminobutyric acid (GABA) receptor agonist market is also segmented on the basis of distribution channel into hospital pharmacy, retail pharmacy and online pharmacy.
The report provides insights on the following pointers:
Critical Insights Related to This Market Included in the Report:
Key Players:
Some of the major players operating in the gamma-aminobutyric acid (GABA) receptor agonist market are Sanofi, Mylan N.V., Teva Pharmaceutical Industries Ltd, Novartis AG, Aytu BioScience, Inc., Dr. Reddy’s Laboratories Ltd, Endo Pharmaceuticals Inc., Lupin, Johnson & Johnson Services, Inc, Lannett, Sun Pharmaceutical Industries Ltd, Cipla Inc, Aurobindo Pharma and Zydus Cadila among others.
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Gamma-aminobutyric Acid (GABA) Receptor Agonist Market Regional Analysis/Insights
The gamma-aminobutyric acid (GABA) receptor agonist market is analysed and market size insights and trends are provided by country, indication, drugs, therapeutics, route of administration, end users and distribution channel as referenced above.
The countries covered in the gamma-aminobutyric acid (GABA) receptor agonist market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the gamma-aminobutyric acid (GABA) receptor agonist market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to due to high prevalence cases of CNS disorders and number of FDA approval drugs in this region. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period due to the focus of various global companies to expand their products in this particular region.
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