Egypt Narcolepsy Therapeutics Market Analysis

Egypt Narcolepsy Therapeutics Market Analysis


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Egypt narcolepsy therapeutics market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023-30. The increased prevalence of narcoleptic disorders worldwide, rising stress levels, an ageing population, and growing public awareness of the variety of treatments for this condition are all predicted to have a positive impact on the market. Major global players in Narcolepsy Therapeutics Market are Avadel Pharmaceuticals Inc, Harmony Biosciences (BIOPROJET), Jazz Pharmaceuticals PLC, Ligand Pharmaceuticals Incorporated, Novartis, Shionogi Inc., Takeda Pharmaceutical Company Limited, and Teva Pharmaceuticals USA Inc.

ID: IN10EGRD051 CATEGORY: Rare Diseases GEOGRAPHY: Egypt AUTHOR: Gaurav Bhongale

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Egypt Narcolepsy Therapeutics Market Analysis Summary

Egypt Narcolepsy Therapeutics Market is valued at around $3.6 Mn in 2022 and is projected to reach $7.34 Mn by 2030, exhibiting a CAGR of 9.3% during the forecast period 2023-2030.

An excessive amount of GABA is released as a result of the neurological disorder narcolepsy, which keeps sufferers tired all day and makes it difficult to control one's sleep-wake cycle. People with narcolepsy endure daytime tiredness that makes it difficult for them to carry out everyday tasks as well as fast entry into REM sleep after falling asleep. They are also tremendously fatigued, have trouble focusing, and have vague recollections. The rising prevalence of narcoleptic disorders globally, rising stress levels, an increase in the number of elderly people, and improved awareness of the variety of treatment options available for this illness are a few factors that are projected to propel the market. For instance, a study titled "Prevalence, incidence, and health care use of patients with narcolepsy: a population-representative study" revealed that the early incidence of the illness in Europe ranges from 0.64 to 1.37 per 100,000 persons. The high frequency of the illness and rising use of narcolepsy medicines are expected to drive the market's growth in the next years. Major global players in this market are Avadel Pharmaceuticals Inc, Harmony Biosciences (BIOPROJET), Jazz Pharmaceuticals PLC, Ligand Pharmaceuticals Incorporated, Novartis, Shionogi Inc., Takeda Pharmaceutical Company Limited, and Teva Pharmaceuticals USA Inc.

Market Dynamics

Market Growth Drivers

The rising prevalence of narcoleptic disorders globally, rising stress levels, an increase in the number of elderly people, and improved awareness of the variety of treatment options available for this illness are a few factors that are projected to propel the market. For instance, a study titled "Prevalence, incidence, and health care use of patients with narcolepsy: a population-representative study" revealed that the early incidence of the illness in Europe ranges from 0.64 to 1.37 per 100,000 persons. The high frequency of the illness and rising use of narcolepsy medicines are expected to drive the market's growth in the next years. ? Additionally, according to the article "Narcolepsy Presentation in Diverse Populations: an Update" published in November 2020, narcolepsy, namely narcolepsy type 1, affects 0.87 to 1.21 percent of the world's population. (NT1). The worldwide prevalence of narcolepsy is increasing the demand for narcolepsy therapies and driving the market's growth. The acceptance and marketing of novel medications by market participants may have a substantial impact on market growth in the following years.

Market Restraints

Market expansion will be hampered by the high cost of diagnosis and treatment as well as the unfavorable reimbursement environment. The market for treating narcolepsy would face difficulties since fewer manufacturers would be able to fund their specialized pharmaceutical research and development.

Key players

Jazz Pharmaceuticals Sunovion Pharmaceuticals Takeda UCB Pharma Alkermes Catalyst Biosciences GW Pharmaceuticals Neurocrine Biosciences Orphazyme Sanofi

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Egypt Narcolepsy Therapeutics Market Segmentation

By Type

  • Narcolepsy with Cataplexy
  • Narcolepsy without Cataplexy
  • Secondary Narcolepsy

By Product

  • Central Nervous System Stimulants
  • Sodium Oxybate
  • Selective Serotonin Reuptake Inhibitors
  • Tricyclic Antidepressants
  • Other Products

By End-use

  • Hospital pharmacy
  • Retail pharmacy
  • Others

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

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of 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

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

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Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. 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 with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed 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 is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 04 July 2023
Updated by: Anish Swaminathan

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