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How has the emgality market grown over the years?

The Emgality market, with its XX (HCAGR) over the last few years, is projected to expand from $XX million in 2024 to $XX million in 2025, reflecting a compound annual growth rate (CAGR) of XX%. Several drivers have contributed to this historical growth, including elevated rates of migraine incidents, increased acknowledgment of migraines as a severe health concern, the approval of Emgality for migraine and cluster headaches, a trend favouring preventive measures, and the backing of insurance coverage.

What Is the forecasted market size and growth rate for the emgality market?

The market size for emgality is estimated to experience a XX (FCAGR) growth in the coming years, with projections for it to escalate to $XX million by 2029, with a compound annual growth rate (CAGR) of XX%. This growth during the forecast period is traced back to factors such as the foray into emergent markets, the rising recognition of migraine treatment, approvals for new indications, the surge in healthcare spending and continued clinical studies. Key trends projected for the forecast period include an increasing preference for tailored medication, advances in drug delivery technology, progress in CGRP therapy, inclusion of digital health, and the use of AI in healthcare.

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What are the major factors driving growth in the emgality market?

The surge in migraine frequency is anticipated to bolster the evolution of the Emgality market. Migraines are a neurological condition typified by severe, pulsing headaches, frequently joined by signs like nausea, sensitivity to light and sound, and on occasion visual or sensory disruptions known as auras. The widespread occurrence of migraines is credited to aspects such as escalating stress levels, shifts in lifestyle, environmental influences, and increased recognition and diagnosis of the ailment. Emgality thwarts migraines by impeding the calcitonin gene-related peptide (CGRP), shrinking attack instances and severity. This remedy offers enduring relief, boosts the quality of life, and reduces the disability caused by migraines in regular sufferers. For example, Migraine Canada, a Canadian organization devoted to aiding individuals suffering from migraines, revealed in May 2023 that migraines impact 12% of Canadians (4.5M) and more than 1 billion people worldwide, with females (30% lifetime) more affected than men (8%) and children (10%). One in every four households is affected, with 1-2% experiencing chronic migraines. Thus, the mounting frequency of migraines will fuel the expansion of the Emgality market.

What key areas define the segmentation of the global emgality Market?

The emgality market covered in this report is segmented –

1) By Clinical Indication: Migraine Prevention, Cluster Headaches

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

3) By End Use: Hospitals, Clinics, Ambulatory Care, Home Care

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What are the top market players propelling the growth of the emgality industry?

Major companies operating in the emgality market include Eli Lilly and Company

What are the key trends shaping the future of the emgality market?

A major shift in the Emgality market is the adoption of strategic partnerships which bolster technology integration and broaden the market scope. This usually involves a cooperative relationship between two or more firms, leveraging their collective resources, specialisms, and endeavors to reach shared targets or goals. For example, in December 2023, Organon & Co., a healthcare company based in the US that primarily focusses on women’s healthcare, extended its alliance with Eli Lilly. This was done to widen the availability of cutting-edge migraine treatments Emgality and RAYVOW across Europe, availing of Organon’s proficiency in central nervous system disorders and their robust commercial abilities. This collaboration specifically addresses the extensive impact of migraines on women, thereby bolstering Organon’s offerings in women’s health. Organon will take charge of the distribution and promotion of these drugs, while Lilly will continue to handle their manufacturing and marketing authorization, guaranteeing the efficient provision of these critical treatments.

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What regions are dominating the emgality market growth?

North America was the largest region in the emgality market in 2024. The regions covered in the emgality market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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