South Korea Migraine Drugs Market Analysis


  • Type: Common Disease Area
  • Published : June 2021
  • Region: Asia
  • Country: South Korea
  • Report ID : 4864

  • Format: PPT, PDF

South Korea Migraine Drugs Market: Segmented By Treatment (Preventive [Anticonvulsant, Antidepressant, Beta Blocker and Others], Abortive [Triptans, Ergotamine Derivative and Others], Non-Pharmacological Therapy, Devices), By Route of Administration (Oral, Nasal Sprays, Parenteral and Others) and By Distribution Channels (Hospital Pharmacy, Retail Pharmacy and Online Pharmacy)- Trends, and Forecasts (2019 – 2028)

SKU: 4864 Categories: ,

Report Overview

The South Korea Migraine Drug market size stood at around USD 19.6 million in 2019 and is projected to reach xx million by 2028, exhibiting a CAGR of around xx% during the forecast period.

Migraine is a complex neurological condition, characterized by frequent headaches that can last from 4 to 72 hours. The pain is often unilateral and pulsating in nature, which can often be worsened by physical activity. In most cases migraine is associated with symptoms such as photophobia, phonophobia, osmophobia, nausea, vomiting, loss of appetite, and sometimes sensory disturbances.

The World Health Organization’s disability rating for migraine ranks it as the 19th most common reason for disability. According to a study in Journal of Clinical Neurology, the 1-year migraine prevalence rates in Korea in 2018 surveys was 5.2%.

Market Drivers

Rising incidence of migraine, increase in awareness about migraine and its treatment and growth in R&D expenses are major drivers for this market.

Migraine pain is commonly prevalent in women as compared to men. This is attributed to the changes in oestrogen levels in females, especially during menstruation. Moreover, hormonal medications, such as oral contraceptives and hormone replacement therapy may further worsen migraine in women. Therefore, increase in the female population is anticipated to propel the growth of migraine drugs market. However, lack of proper diagnosis and undiagnosed cases, adverse effects of drugs, increased preference for alternative therapies, and generic penetration are the few factors hampering the migraine drugs market.

1. South Korea Migraine Drugs Market Overview…………………….
A. Market Size
2. Market Growth Drivers………………………………………
A. Increase in Incidence of Migraine
B. Growing Awareness about Migraine and its Treatment Options
C. Increase in R&D Expenditures
D. Growing Female Population
3. Types of Migraine………………………………………..
A. Episodic
B. Chronic
C. Migraine with Aura
D. Others
4. Migraine Drugs Market Segmentation…………………………………..
A. Treatment
I. Preventive (Anticonvulsant, Antidepressant, Beta Blocker and Others)
II. Abortive (Triptans, Ergotamine Derivative and Others)
III. Non- Pharmacological Therapy
IV. Devices
B. Route of Administration
I. Oral
II. Nasal Sprays
III. Parenteral
IV. Others
C. Distribution Channels
I. Hospital Pharmacy
II. Retail Pharmacy
III. Online Pharmacy
5. Migraine Drugs Major Products Market Share…………………..
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape…………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles………………………………………………………………….
A. Eli Lilly Korea Overview, Product & Services, Strategies & Financials
B. Amgen Company Overview, Product & Services, Strategies & Financials
C. Novartis Company Overview, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape……………………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth…………………………………………………
A. New Trends and Development of Migraine Drugs Market
B. Future Opportunities
10. Conclusion


Market Segmentation

By Treatment:

On the basis of treatment market is segmented into preventive, abortive, non-pharmacological therapy, and devices. Preventive treatment is further sub segmented into anticonvulsant, antidepressant, beta blocker and others. Abortive treatment is further sub-segmented into triptans, ergotamine derivative and Others.

Acute/abortive treatment is expected to dominate the market as several types of medications are available to treat acute migraine including the safe and popular drugs.

By Route of Administration:

According to the route of administration market is segmented as oral, parenteral, nasal sprays and others.

By Distribution Channel:

South Korea’s migraine drug market is segmented into hospital pharmacy, retail pharmacy, online pharmacy, and others on the basis of distribution channel.


Top Players

Some of the major players in market are Eli Lilly Korea, Novartis, Amgen, Teva Pharmaceutical Industries, CoLucid Pharmaceuticals, ILDONG Pharmaceuticals Co. Ltd.


Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

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The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

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