Product Code: ETC6185222 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s migraine drugs market is seeing an upsurge as more people seek effective relief from this chronic neurological condition. The market includes a variety of treatment options such as triptans, ergots, NSAIDs, and newer calcitonin gene-related peptide (CGRP) inhibitors. The rise in stress-related disorders and digital lifestyle habits have led to a growing number of migraine sufferers. Regulatory support, increasing awareness, and pharmaceutical innovations are key drivers of this market segment.
In Australia, the migraine drugs market is gaining from advancements in targeted therapies and increased public awareness about migraine as a neurological disorder. Theres a rising preference for CGRP inhibitors, triptans, and preventive medications, supported by a strong pipeline of biologics and an uptick in clinical trials.
In the migraine drugs market, one of the main challenges is the underdiagnosis and undertreatment of migraines, which limits the target population for drug therapies. Despite the availability of effective drugs, patient compliance remains low due to side effects and delayed onset of relief. Pricing pressures and competition from generics also reduce profit margins for pharmaceutical companies. Additionally, regulatory delays and a slow approval process for novel therapies can hinder market entry and expansion.
Pharmaceutical companies focusing on neurology and pain management are increasingly turning to Australia for clinical trials and drug launches in the migraine segment. Investors have opportunities to fund biotech firms developing CGRP inhibitors or to collaborate with local distributors for the commercialization of migraine-specific medications.
Government policies related to the migraine drugs market focus on regulatory approvals, pricing, and reimbursement through programs like the Pharmaceutical Benefits Scheme (PBS). The PBS helps subsidize the cost of approved migraine drugs, making them more accessible to the general population. However, long approval timelines for new treatments, especially biologics, are a significant challenge. Policies that support pharmaceutical innovation and research grants are also crucial, but they are often slow to translate into market availability. There is also a growing push for better patient access to personalized medicine, which has not been fully realized in the migraine treatment space.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Migraine Drugs Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Migraine Drugs Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Migraine Drugs Market - Industry Life Cycle |
3.4 Australia Migraine Drugs Market - Porter's Five Forces |
3.5 Australia Migraine Drugs Market Revenues & Volume Share, By Treatment, 2021 & 2031F |
3.6 Australia Migraine Drugs Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
4 Australia Migraine Drugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Migraine Drugs Market Trends |
6 Australia Migraine Drugs Market, By Types |
6.1 Australia Migraine Drugs Market, By Treatment |
6.1.1 Overview and Analysis |
6.1.2 Australia Migraine Drugs Market Revenues & Volume, By Treatment, 2021- 2031F |
6.1.3 Australia Migraine Drugs Market Revenues & Volume, By Abortive, 2021- 2031F |
6.1.4 Australia Migraine Drugs Market Revenues & Volume, By Triptans, 2021- 2031F |
6.1.5 Australia Migraine Drugs Market Revenues & Volume, By Ergot Alkaloids, 2021- 2031F |
6.1.6 Australia Migraine Drugs Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Migraine Drugs Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Australia Migraine Drugs Market Revenues & Volume, By Oral, 2021- 2031F |
6.2.3 Australia Migraine Drugs Market Revenues & Volume, By Injectable, 2021- 2031F |
6.2.4 Australia Migraine Drugs Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Migraine Drugs Market Import-Export Trade Statistics |
7.1 Australia Migraine Drugs Market Export to Major Countries |
7.2 Australia Migraine Drugs Market Imports from Major Countries |
8 Australia Migraine Drugs Market Key Performance Indicators |
9 Australia Migraine Drugs Market - Opportunity Assessment |
9.1 Australia Migraine Drugs Market Opportunity Assessment, By Treatment, 2021 & 2031F |
9.2 Australia Migraine Drugs Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
10 Australia Migraine Drugs Market - Competitive Landscape |
10.1 Australia Migraine Drugs Market Revenue Share, By Companies, 2024 |
10.2 Australia Migraine Drugs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |