Global Pregabalin Market – Industry Trends and Forecast to 2029

  • Pharmaceutical
  • Upcoming Report
  • May 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Pregabalin Market, By Dosage Forms (Oral Capsule, Oral Solution, Oral Tablet, Extended Release), Application (Epilepsy, Neuropathic Pain, Anxiety Disorder, Others), Drug Class (Fibromyalgia Agents, Anticonvulsants, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) – Industry Trends and Forecast to 2029

 

Pregabalin Market

Market Analysis and Size                              

Pregabalin is an anticonvulsant medication that can be used to treat epilepsy, neuropathic pain, fibromyalgia, and generalized anxiety disorder. It works by reducing the pain signals delivered by injured nerves throughout the body. As per the International Association of the Study of Pain's Global Year against Neuropathic Pain 2014-2015 study, approximately 7% to 8% of adults suffer from chronic pain with neuropathic characteristics. Furthermore, the patent expiration of Pfizers' Lyrica (Pregabalin) in 2018 is expected to boost generic manufacturing manufacturers' market share in the U.K.

Data Bridge Market Research analyses that the pregabalin market was valued at USD 769.47 million in 2021 and is expected to reach USD 596.65 billion by 2029, registering a CAGR of 3.53% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Dosage Forms (Oral Capsule, Oral Solution, Oral Tablet, Extended Release), Application (Epilepsy, Neuropathic Pain, Anxiety Disorder, Others), Drug Class (Fibromyalgia Agents, Anticonvulsants, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

Countries Covered

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

Market Players Covered

Pfizer Inc. (US), GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Mylan N.V. (US), Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France), F. Hoffmann-La Roche Ltd. (Switzerland), Zydus Cadila (India), Lupin (India), Amneal Pharmaceuticals LLC. (US), Cipla Inc. (US), Torrent Pharmaceuticals Ltd. (India), Aurobindo Pharma (India), Glenmark Pharmaceuticals Limited (India), Medley Pharmaceuticals Ltd. (India), Genesis Biotec Inc. (India), Biomax Pharmaceutical Company (UK), ZCL Chemicals Ltd. (India), Olon S.p.A. (Italy), HIKAL Ltd. (India)

Market Opportunities

 

  • Increase in the number of research and development activities
  • Rising number of generic manufacturers

Market Definition

Pregabalin is an anticonvulsant and anxiolytic medication used to treat epilepsy, neuropathic pain, fibromyalgia, restless leg syndrome, and generalized anxiety disorder. It's an epilepsy medication that's used to treat partial seizures. It functions by lowering nerve activity and lowers pain. Anti-epileptic medicines (AEDs) such as Lyrica (pregabalin) and Topamax (topiramate) are used to prevent epileptic seizures. Lyrica is also indicated to treat diabetic peripheral neuropathy, postherpetic neuralgia, and fibromyalgia neuropathic pain.

Pregabalin Market Dynamics

Drivers

  • Rise in the prevalence of epilepsy

The surging prevalence of epilepsy is a major factor driving the pregabalin market's growth rate during the forecast period of 2022-2029. According to the World Health Organization (WHO), an estimated 50 million people are living with epilepsy globally in 2019, with up to 75 percent of them living in resource-poor countries with little or no access to treatment or medical services. Furthermore, approximately 80% of people with epilepsy live in low- and middle-income nations. In the treatment of epilepsy, pregabalin stops seizures by reducing aberrant electrical activity in the brain.

  • Extensive application of Lyrica

The growing application of Lyrica is anticipated to propel the market's growth rate. Lyrica (pregabalin) is a fibromyalgia drug approved by the US Food and Drug Administration. Fibromyalgia is a chronic illness that causes long-term, widespread muscle pain and soreness and sleeping difficulties and exhaustion. Lyrica is a drug used to treat nerve signals. Fibromyalgia affects over 4 million individuals in the United States, or about 2% of the adult population, according to the Centers for Disease Control and Prevention (CDC). The aetiology of fibromyalgia is unknown, but it can be effectively treated and managed. Lyrica has long been used to treat nerve pain in shingles or diabetic neuropathy patients. The drug Lyrica is also used to treat partial seizures.

Furthermore, rising initiatives by public and private organizations to spread awareness and rising healthcare expenditure will expand the pregabalin market. Additionally, sedentary lifestyle of people and surging geriatric population will result in the expansion of pregabalin market. Along with this, surging prevalence of diabetes, human immunodeficiency virus (HIV), and cancer will enhance the market's growth rate.

Opportunities

  • Increase in the number of generic manufacturers        

The rising number of generic manufacturers is estimated to create new opportunities for the pregabalin market growth in coming years. Viatris Inc's Lyrica (pregabalin) patent expiration in 2019 enhanced generic medicine producers' market share. For instance, in March 2021, Lupin Limited announced the launch of Romark Laboratories, L.C.'s authorized generic version of Alinia (nitazoxanide) Tablets, 500 mg. In patients 12 years of age and older, Nitazoxanide Tablets, 500 mg, are used to treat diarrhoea caused by Giardia lamblia or Cryptosporidium parvum. In the United States, Nitazoxanide Tablets, 500 mg had an estimated yearly sales of USD 56 million. Furthermore, the market is expected to develop due to ongoing research and development activities into expanding the applications of pregabalin in various disease therapies and new product introductions. This will provide beneficial opportunities for the pregabalin market growth.

Moreover, rising investment for the development of advanced technologies and an increase in the number of emerging markets will provide beneficial opportunities for the pregabalin market growth during the forecast period.

Restraints/Challenges

  • Limitations associated with the use of pregabalin

Pregabalin can cause severe allergic responses. If hives or blisters develop on skin, trouble breathing, or swelling in face, mouth, or throat, then one should stop taking pregabalin and seek medical help. While taking pregabalin, some people experience suicidal thoughts. Weight gain or edema in the hands or feet while taking pregabalin should be reported to doctor if individual have diabetes or heart disease. The market's expansion is being hampered by these challenges.

On the other hand, the high cost associated with drug development and distribution will obstruct the market's growth rate. The lack of healthcare infrastructure in developing economies and dearth of skilled professionals will challenge the pregabalin market. Additionally, strict government regulations and the presence of pregabalin substitutes such as gabapentin will restrain and further impede the growth rate of market during the forecast period of 2022-2029.

This pregabalin market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pregabalin market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Patient Epidemiology Analysis

Pregabalin market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

COVID-19 Impact on Pregabalin Market

The COVID-19 outbreak and subsequent lockdown in numerous countries around the world had a huge impact on the financial status of enterprises in all sectors. The private healthcare sector is one of the areas where the pandemic had a significant impact. The coronavirus pandemic had a significant influence on medicine development, production, supply, and the businesses of different healthcare corporations around the world. The outbreak has resulted in the shutdown of industrial establishments, with the exception of those that manufacture critical commodities and disruptions in product supply chains. As a result, the COVID-19 outbreak had impacted the economy in by causing supply chain channel disruptions and having a financial impact on firms and financial markets. Due to supply chain concerns, the pandemic also harmed generic manufacturers, who supply the majority of market volume. This is predicted to slow down output. However, in the short run, this could raise drug prices. In addition, the innovative medicine producers are likely to cover the supply gap, resulting in a lesser overall market impact.

Recent Development

  • In November 2021, Enzychem Lifesciences (Enzychem) of the Republic of Korea signed a manufacturing license and technology transfer agreement with Cadila Healthcare (Zydus Cadila) for its plasmid DNA-based Covid-19- ZyCoV-D. Zydus Cadila will provide Enzychem Lifesciences with a manufacturing license and plasmid DNA vaccination technology under the terms of the deal. According to a statement from Cadila Healthcare, both CHL and Enzychem believe that this agreement will result in the manufacture of 80 million or more doses of the Plasmid DNA vaccine in 2022.

Global Pregabalin Market Scope

The pregabalin market is segmented on the basis of drug class, application, dosage forms, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

Drug Class

  • Fibromyalgia Agents
  • Anticonvulsants
  • Others

Dosage Forms

  • Oral Capsule

    • 100 mg
    • 150 mg
    • 200 mg
    • 225 mg
    • 25 mg
    • 300 mg
    • 50 mg
    • 75 mg

  • Oral Solution

    • 20 mg/mL

  • Oral Tablet, extended release

    • 165 mg
    • 330 mg
    • 82.5 mg

End-Users

  • Hospitals
  • Specialty Clinics
  • Homecare
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

Pregabalin Market Regional Analysis/Insights

The pregabalin market is analysed and market size insights and trends are provided by country, drug class, application, dosage forms, end-users and distribution channel as referenced above.

The countries covered in the pregabalin 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 pregabalin market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the presence of major key players and rising healthcare expenditure will further propel the market's growth rate in this region. Additionally, an increase in the number of research and development activities will further propel themarket's growth rate in this region.

Asia-Pacific are expected to grow during the forecast period of 2022-2029 due to surging prevalence of convulsions and anxiety disorders in this region. Also, the development of healthcare infrastructure and rising geriatric population will further propel themarket's growth rate in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Pregabalin Market Share Analysis

The pregabalin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pregabalin market.

Some of the major players operating in the pregabalin market are:

  • Pfizer Inc. (US)
  • GlaxoSmithKline plc (UK)
  • Novartis AG (Switzerland)
  • Mylan N.V. (US)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • Sanofi (France)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Aurobindo Pharma (India)
  • Lupin (India)
  • Zydus Cadila (India)
  • Amneal Pharmaceuticals LLC. (US)
  • Cipla Inc. (US)
  • Torrent Pharmaceuticals Ltd. (India)
  • Glenmark Pharmaceuticals Limited (India)
  • Medley Pharmaceuticals Ltd. (India)
  • Genesis Biotec Inc. (India)
  • Biomax Pharmaceutical Company (UK)
  • ZCL Chemicals Ltd. (India)
  • Olon S.p.A. (Italy)
  • HIKAL Ltd. (India)

Research Methodology: Global Pregabalin Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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Frequently Asked Questions

The market value for Pregabalin Market is expected USD 596.65 billion by 2029.
The Pregabalin Market is to grow at a CAGR of 3.53% during the forecast period of 2022 to 2029
On the basis of application, the Pregabalin Market is segmented into Epilepsy, Neuropathic Pain, Anxiety Disorder, Others.
The major players operating in the Pregabalin Market are Pfizer Inc. (US), GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Mylan N.V. (US), Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France), F. Hoffmann-La Roche Ltd. (Switzerland), Zydus Cadila (India), Lupin (India), Amneal Pharmaceuticals LLC. (US), Cipla Inc. (US), Torrent Pharmaceuticals Ltd. (India), Aurobindo Pharma (India), Glenmark Pharmaceuticals Limited (India), Medley Pharmaceuticals Ltd. (India), Genesis Biotec Inc. (India), Biomax Pharmaceutical Company (UK), ZCL Chemicals Ltd. (India), Olon S.p.A. (Italy), HIKAL Ltd. (India).