Narcolepsy Market - Forecast(2022 - 2027)

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Narcolepsy MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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• Narcolepsy Market size is estimated to be 2.68
  billion in 2019, growing at a CAGR of 10.4
  during the forecast period 2020-2025.Increasing
  obese population and rising prevalence of
  narcolepsy is a major factor driving the
  narcolepsy market during the forecast period
  2020-2025
• Moreover, according to the Narcolepsy Network
  narcolepsy affected an estimated 1 in every 2000
  people in the U.S. Thats 2000,000 Americans and
  approximately 3 million worldwide. Furthermore,
  people suffering from narcolepsy frequently enter
  into cataplexy and REM sleep within every 15
  minutes of falling asleep, thereby driving the
  demand of proper narcolepsy treatment which in
  turn is boosting the narcolepsy market.

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• Key Takeaways
• Hospitals held the largest market share in 2019
  owing to the increase in narcolepsy to diagnose
  patients using polysomnography, multiple sleep
  latency test and other diagnostic test.
• In 2019, North America dominated the Narcolepsy
  Market owing to its better healthcare
  infrastructure and the presence of major players
  in that region.
• Rise in the Number of Narcolepsy Patient is a
  significant factor driving Narcolepsy Market
  during the forecast period 2020-2025.

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By Medication- Segment Analysis  By Medication
the Narcolepsy Market is segmented into
Modafinil, Amphetamine-like Stimulants,
Antidepressants, Sodium Oxybate. Among these
Modnafil is projected to be the fastest growing
with CAGR of 6.8 during the forecast period
2020-2025. This is owing to its less adverse
effect than those in traditional psychostimulants
such as amphetamine, methylphenidate or cocaine.
Moreover, modafinil is a smart drug also known as
nootropic enhancing the cognitive function in a
variety of ways.
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Narcolepsy Market Industry Outlook   Addrenex
Pharmaceuticals Teva Pharmaceutical Industries
Ltd Shire Plc GrayMark Healtcare Inc Bioproject
Arena Pharmaceuticals Inc Jazz Pharmaceuticals
Plc Novartis AG Ligand Pharmaceuticals Inc Arena
Pharmaceuticals Inc.
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Narcolepsy Market- Forecast(2022 - 2027) Learn
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