The restless legs syndrome market is expected to register a CAGR of 3.7% during the forecast period.
The outbreak of COVID-19 has many effects, such as travel bans, flight cancellations, supply chain disruption, stock market unpredictability, falling business assurance, growing panic among the population, and uncertainty about the future had a great impact on the life of the individual. People with restless legs syndrome showed an increase in symptom severity in the early phase of the COVID-19 pandemic in the United States in 2020. For Instance, as per the Kaiser Family Foundation report 2021, The COVID-19 pandemic has negatively affected individuals' mental health resulting in economic recession and new barriers for people already suffering from mental illness. As per the same source, during the pandemic, about 4 in 10 adults in the United States have reported symptoms of anxiety or depression.
The rise in the prevalence of restless legs syndrome is a key factor responsible for the growth of the market. According to a study published by Frontiers Media S.A., titled 'Restless Legs Syndrome Prevalence and Clinical Correlates Among Psychiatric Inpatients: A Multicenter Study in March 2022, the reported prevalence of restless legs syndrome varied between 3.9% and 14.3%. According to the same study, the prevalence of restless legs syndrome was high among females compared to males. According to another study published in eClinicalMedicine 2022, about 25% of people with diabetes showed signs of restless legs syndrome, and people with diabetes had an increased risk of developing restless legs syndrome as compared to people without diabetes. For Instance, According to the data published by the Centers for Disease Control and Prevention 2022, 37.3 million people in the United States have diabetes which is approximately 11.3% of the United States population.
Additionally, according to the data published by Tommy’s, a registered charity in England and Wales, in 2020, nearly 20% of pregnant women develop restless legs syndrome, most probably in the third trimester of pregnancy, caused by a change in hormones. Thus, due to the above-mentioned factors, the demand for the drugs is expected to increase, thereby driving the restless legs syndrome market over the forecast period.
Primary restless leg syndrome is also known as idiopathic RLS, which means the cause is unknown. There is no single definitive test for restless leg syndrome, but the condition is usually diagnosed by looking at a variety of clinical markers such as involuntary leg movements and response to dopamine-enhancing medications. The increase in the prevalence of primary restless legs syndrome is anticipated to create the demand for primary restless legs syndrome treatment, thereby driving the segment market growth over the forecast period. For instance, as per the research study published in Annals of Thoracic Medicine 2020, primary restless legs syndrome is more prevalent than secondary restless legs syndrome.
The rising work-related stress caused due to the pressure on the nervous system is expected to be a major cause of primary restless legs syndrome. For instance, as per the Health and Safety Executive 2020-21 data, in Great Britain, the total number of cases associated with work-related stress, depression, or anxiety was around 822,000, and about 850,000 workers suffering from a new case of work-related ill health in 2020/21.
North America dominated the restless legs syndrome market due to the rising prevalence of restless legs syndrome in the region. As per the data published by the sleep foundation in 2022, restless legs syndrome affects 5 to 10% of adults and 2 to 4% of children in the United States, and it is more prevalent in women than men. As per the American Association of Neuromuscular & Electrodiagnostic Medicine 2022, there are about 12 million people in the United States may have restless legs syndrome. Restless legs syndrome has a high prevalence in central Europe and North America, with a prevalence rate of about 5-15% as per the research study published in the Journal of Communication biology 2020. According to the research data published by Neurology and Neurosurgery 2020, it was found that 5% of the United States population and 10% of the population whose age was over 65 years have the problem of restless legs syndrome.
The restless legs syndrome market is fragmented and consists of several major players. Some of the companies which are currently dominating the market are Arbor Pharmaceuticals, LLC., Glenmark Pharmaceutical, UCB S.A., Sun Pharmaceutical Industries Ltd, Boehringer Ingelheim International GmbH, and Relegs, Restiffic, Viatris Inc., Psychocare Health Private Limited, and Noctrix Health, Inc.
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The outbreak of COVID-19 has many effects, such as travel bans, flight cancellations, supply chain disruption, stock market unpredictability, falling business assurance, growing panic among the population, and uncertainty about the future had a great impact on the life of the individual. People with restless legs syndrome showed an increase in symptom severity in the early phase of the COVID-19 pandemic in the United States in 2020. For Instance, as per the Kaiser Family Foundation report 2021, The COVID-19 pandemic has negatively affected individuals' mental health resulting in economic recession and new barriers for people already suffering from mental illness. As per the same source, during the pandemic, about 4 in 10 adults in the United States have reported symptoms of anxiety or depression.
The rise in the prevalence of restless legs syndrome is a key factor responsible for the growth of the market. According to a study published by Frontiers Media S.A., titled 'Restless Legs Syndrome Prevalence and Clinical Correlates Among Psychiatric Inpatients: A Multicenter Study in March 2022, the reported prevalence of restless legs syndrome varied between 3.9% and 14.3%. According to the same study, the prevalence of restless legs syndrome was high among females compared to males. According to another study published in eClinicalMedicine 2022, about 25% of people with diabetes showed signs of restless legs syndrome, and people with diabetes had an increased risk of developing restless legs syndrome as compared to people without diabetes. For Instance, According to the data published by the Centers for Disease Control and Prevention 2022, 37.3 million people in the United States have diabetes which is approximately 11.3% of the United States population.
Additionally, according to the data published by Tommy’s, a registered charity in England and Wales, in 2020, nearly 20% of pregnant women develop restless legs syndrome, most probably in the third trimester of pregnancy, caused by a change in hormones. Thus, due to the above-mentioned factors, the demand for the drugs is expected to increase, thereby driving the restless legs syndrome market over the forecast period.
Key Market Trends
Primary Restless Legs Syndrome Segment is Expected to Hold a Major Market Share Over the Forecast Period
Primary restless leg syndrome is also known as idiopathic RLS, which means the cause is unknown. There is no single definitive test for restless leg syndrome, but the condition is usually diagnosed by looking at a variety of clinical markers such as involuntary leg movements and response to dopamine-enhancing medications. The increase in the prevalence of primary restless legs syndrome is anticipated to create the demand for primary restless legs syndrome treatment, thereby driving the segment market growth over the forecast period. For instance, as per the research study published in Annals of Thoracic Medicine 2020, primary restless legs syndrome is more prevalent than secondary restless legs syndrome.
The rising work-related stress caused due to the pressure on the nervous system is expected to be a major cause of primary restless legs syndrome. For instance, as per the Health and Safety Executive 2020-21 data, in Great Britain, the total number of cases associated with work-related stress, depression, or anxiety was around 822,000, and about 850,000 workers suffering from a new case of work-related ill health in 2020/21.
North America is Expected to Dominate the Global Restless Legs Syndrome Market
North America dominated the restless legs syndrome market due to the rising prevalence of restless legs syndrome in the region. As per the data published by the sleep foundation in 2022, restless legs syndrome affects 5 to 10% of adults and 2 to 4% of children in the United States, and it is more prevalent in women than men. As per the American Association of Neuromuscular & Electrodiagnostic Medicine 2022, there are about 12 million people in the United States may have restless legs syndrome. Restless legs syndrome has a high prevalence in central Europe and North America, with a prevalence rate of about 5-15% as per the research study published in the Journal of Communication biology 2020. According to the research data published by Neurology and Neurosurgery 2020, it was found that 5% of the United States population and 10% of the population whose age was over 65 years have the problem of restless legs syndrome.
Competitive Landscape
The restless legs syndrome market is fragmented and consists of several major players. Some of the companies which are currently dominating the market are Arbor Pharmaceuticals, LLC., Glenmark Pharmaceutical, UCB S.A., Sun Pharmaceutical Industries Ltd, Boehringer Ingelheim International GmbH, and Relegs, Restiffic, Viatris Inc., Psychocare Health Private Limited, and Noctrix Health, Inc.
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Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION (Market Size by Value - USD million)
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arbor Pharmaceuticals, LLC
- UCB S.A
- Sun Pharmaceutical Industries Ltd
- Boehringer Ingelheim International GmbH
- Relegs
- Restiffic
- Viatris Inc
- Psychocare Health Private Limited
- Glenmark Pharmaceutical
- Noctrix Health, Inc.
Methodology
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