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Fibromyalgia Treatment Market Report and Forecast 2023-2031

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    Report

  • 160 Pages
  • May 2023
  • Region: Global
  • Expert Market Research
  • ID: 5797892
The global Fibromyalgia treatment market value was USD 2.61 billion in2022, driven by the increasing awareness about the condition across the globe. The market size is anticipated to grow at a CAGR of 8.1% during the forecast period of 2023-2031 to achieve a value of USD 5.27 billion by 2031.

Fibromyalgia Treatment Introduction

Fibromyalgia is a chronic condition characterized by widespread musculoskeletal pain, fatigue, and tenderness in localized areas of the body. It affects an estimated 2-8% of the world population and is more common in women than in men. The exact cause of fibromyalgia is unknown, but it is believed to be related to abnormal levels of certain chemicals in the brain and changes in the way the brain processes pain signals.

There are various treatments available for fibromyalgia, including medications, therapy, and lifestyle changes. Medications used to treat fibromyalgia include pain relievers, antidepressants, and anti-seizure drugs. Therapy can involve physical therapy, occupational therapy, and counseling. Lifestyle changes such as exercise, stress reduction, and improved sleep habits can also be effective in managing symptoms.

The global fibromyalgia treatment market is expected to grow in the coming years due to increasing awareness about the condition and growing research and development activities aimed at finding new treatments. Key players in the market include Pfizer, Eli Lilly, Johnson & Johnson, and GlaxoSmithKline, among others. Additionally, technological advancements in the field of medicine, such as the development of non-invasive treatments, are expected to drive market growth.

Fibromyalgia Treatment Market Scenario

Fibromyalgia is a chronic disorder characterized by widespread musculoskeletal pain, fatigue, and tenderness in localized areas. It is estimated that around 2-8% of the population is affected by fibromyalgia, with a higher incidence in women than in men. The cause of fibromyalgia is not fully understood, but it is believed to involve a combination of genetic, environmental, and psychological factors.

The market for fibromyalgia treatment is driven by the increasing prevalence of the disease and the growing awareness about its diagnosis and treatment options. The market offers a range of drugs, including analgesics, antidepressants, anticonvulsants, muscle relaxants, and sleep aids. Some of the major drugs used for the treatment of fibromyalgia are Lyrica, Cymbalta, and Savella.

The market is also witnessing increasing research and development activities aimed at identifying new treatment options and improving the efficacy of existing treatments. However, there are significant unmet needs in the fibromyalgia treatment market, as there are currently no drugs available that can completely cure the disease. The high cost of treatment and the lack of insurance coverage for many patients are also significant challenges facing the market.

In conclusion, the fibromyalgia treatment market is expected to grow due to increasing prevalence and awareness of the disease, but significant challenges remain in terms of treatment options and access to care.

Fibromyalgia Treatment Market Segmentations

Market Breakup by Diagnosis Method

Blood Tests

  • Complete Blood Count
  • Erythrocyte Sedimentation Rate
  • Cyclic Citrullinated Peptide Test
  • Rheumatoid Factor
  • Thyroid Function Tests
  • Anti-nuclear Antibody
  • Vitamin D
  • Others

Market Breakup by Drug Class

Antidepressants

  • Milnacipran
  • Duloxetine
  • Others

Antiepileptics

  • Pregabalin
  • Others
  • Muscle Relaxants
  • Analgesics
  • Others

Market Breakup by Route of Administration

Oral

  • Tablets
  • Capsules

Parentals

  • Intravenous
  • Intramuscular
  • Others

Market Breakup by Drug Type

  • Over the Counter

Prescription

  • Branded
  • Generics

Market Breakup by Treatment Channel

  • Public
  • Private

Market Breakup by End User

  • Hospitals
  • Specialty Clinics
  • Homecare Settings
  • Others

Market Breakup by Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

Market Breakup by Region

North America

  • United States of America
  • Canada

Europe

  • United Kingdom
  • Germany
  • France
  • Italy
  • Others

Asia Pacific

  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Others

Middle East and Africa

  • Saudi Arabia
  • United Arab Emirates
  • Nigeria
  • South Africa
  • Others

Key Trends in the Fibromyalgia Treatment Market

Some key trends in the fibromyalgia treatment market include:

  • Rising prevalence of fibromyalgia: The increasing prevalence of fibromyalgia is driving the growth of the market. According to the National Fibromyalgia Association, an estimated 10 million people in the US are affected by fibromyalgia, and the number is expected to rise in the coming years
  • Growing demand for non-pharmacological treatment: There is a growing demand for non-pharmacological treatment options for fibromyalgia, such as physical therapy, exercise, and cognitive-behavioral therapy. This is due to the potential side effects of pharmacological treatments and the need for a more holistic approach to managing the condition
  • Increasing focus on developing novel therapies: There is a growing focus on developing novel therapies for fibromyalgia, such as new drugs that target specific symptoms or underlying mechanisms of the condition. This is expected to drive innovation in the market and improve treatment outcomes for patients
  • Growing use of combination therapy: Combination therapy, which involves the use of multiple drugs or therapies to treat fibromyalgia, is becoming more common. This approach has been shown to be more effective than monotherapy and is expected to drive the growth of the market
  • Increasing awareness and diagnosis rates: The growing awareness about fibromyalgia and improving diagnosis rates are also contributing to the growth of the market. As more people are diagnosed with the condition, there is a growing need for effective treatment options

Fibromyalgia Treatment Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
  • Pfizer Inc
  • AstraZeneca
  • Eli Lilly and Company
  • Abiogen Pharma
  • Merck Sharp & Dohme Corp
  • Novartis AG
  • GlaxoSmithKline plc
  • Zimmer Biomet
  • Johnson & Johnson Private Limited
  • Ampio Pharmaceuticals Inc
  • Regeneron Pharmaceuticals Inc
  • Boehringer Ingelheim International GmbH
  • Abbott
  • AbbVie Inc
  • Astellas Pharma Inc
  • BioDelivery Sciences International Inc
  • Crystal Genomics
  • Daiichi-Sankyo Company Limited

Table of Contents

1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage - Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Fibromyalgia Disease Overview
3.1 Guidelines and Stages
3.2 Pathophysiology
3.3 Screening and Diagnosis
3.4 Treatment Pathway
4 Patient Profile
4.1 Patient Profile Overview
4.2 Patient Psychology and Emotional Impact Factors
4.3 Risk Assessment and Treatment Success Rate
5 Fibromyalgia Epidemiology Analysis
5.1 Epidemiology Overview (2016-2031)
5.2 North America Fibromyalgia Epidemiology (2016-2031)
5.3 Europe Fibromyalgia Epidemiology (2016-2031)
5.4 Asia-Pacific Fibromyalgia Epidemiology (2016-2031)
5.5 Latin America Fibromyalgia Epidemiology (2016-2031)
5.6 Middle East & Africa Fibromyalgia Epidemiology (2016-2031)
6 Global Fibromyalgia Treatment Market Overview
6.1 Global Fibromyalgia Treatment Market Historical Value (2016-2022)
6.2 Global Fibromyalgia Treatment Market Forecast Value (2023-2031)
7 Global Fibromyalgia Treatment Market Landscape
7.1 Fibromyalgia Treatment: Developers Landscape
7.1.1 Analysis by Year of Establishment
7.1.2 Analysis by Company Size
7.1.3 Analysis by Region
7.2 Fibromyalgia Treatment: Product Landscape
7.2.1 Analysis by Diagnosis Methods
7.2.2 Analysis by Drug Class
7.2.3 Analysis by Route of Administration
7.2.4 Analysis by End User
7.2.5 Analysis by Distribution Channel
8 Fibromyalgia Treatment Challenges and Unmet Needs
8.1 Treatment Pathway Challenges
8.2 Compliance and Drop-Out Analysis
8.3 Awareness and Prevention Gaps
9 Cost of Treatment
10 Global Fibromyalgia Treatment Market Dynamics
10.1 Market Drivers and Constraints
10.2 SWOT Analysis
10.3 Porter’s Five Forces Model
10.4 Key Demand Indicators
10.5 Key Price Indicators
10.6 Industry Events, Initiatives, and Trends
10.7 Value Chain Analysis
11 Global Fibromyalgia Treatment Market Segmentation
11.1 Global Fibromyalgia Treatment Market by Diagnosis Method
11.1.1 Market Overview
11.1.2 Blood Tests
11.1.2.1 Complete Blood Count
11.1.2.2 Erythrocyte Sedimentation Rate
11.1.2.3 Cyclic Citrullinated Peptide Test
11.1.2.4 Rheumatoid Factor
11.1.2.5 Thyroid Function Tests
11.1.2.6 Anti-nuclear Antibody
11.1.2.7 Vitamin D
11.1.2.8 Others
11.2 Global Fibromyalgia Treatment Market by Drug Class
11.2.1 Market Overview
11.2.2 Antidepressants
11.2.2.1 Milnacipran
11.2.2.2 Duloxetine
11.2.2.3 Others
11.2.3 Antiepileptics
11.2.3.1 Pregabalin
11.2.3.2 Others
11.2.4 Muscle Relaxants
11.2.5 Analgesics
11.2.6 Others
11.3 Global Fibromyalgia Treatment Market by Route of Administration
11.3.1 Market Overview
11.3.2 Oral
11.3.2.1 Tablets
11.3.2.2 Capsules
11.3.3 Parentals
11.3.3.1 Intravenous
11.3.3.2 Intramuscular
11.3.4 Others
11.4 Global Fibromyalgia Treatment Market by Drug Type
11.4.1 Market Overview
11.4.2 Over the Counter
11.4.3 Prescription
11.4.3.1 Branded
11.4.3.2 Generics
11.5 Global Fibromyalgia Treatment Market by Treatment Channel
11.5.1 Market Overview
11.5.2 Public
11.5.3 Private
11.6 Global Fibromyalgia Treatment Market by End User
11.6.1 Market Overview
11.6.2 Hospitals
11.6.3 Specialty Clinics
11.6.4 Homecare Settings
11.6.5 Others
11.7 Global Fibromyalgia Treatment Market by Distribution Channel
11.7.1 Market Overview
11.7.2 Hospital Pharmacy
11.7.3 Retail Pharmacy
11.7.4 Online Pharmacy
11.7.5 Others
11.8 Global Fibromyalgia Treatment Market by Region
11.8.1 Market Overview
11.8.2 North America
11.8.3 Europe
11.8.4 Asia Pacific
11.8.5 Latin America
11.8.6 Middle East and Africa
12 North America Fibromyalgia Treatment Market
12.1 Market Share by Country
12.2 United States of America
12.3 Canada
13 Europe Fibromyalgia Treatment Market
13.1 Market Share by Country
13.2 United Kingdom
13.3 Germany
13.4 France
13.5 Italy
13.6 Others
14 Asia Pacific Fibromyalgia Treatment Market
14.1 Market Share by Country
14.2 China
14.3 Japan
14.4 India
14.5 ASEAN
14.6 Australia
14.7 Others
15 Latin America Fibromyalgia Treatment Market
15.1 Market Share by Country
15.2 Brazil
15.3 Argentina
15.4 Mexico
15.5 Others
16 Middle East and Africa Fibromyalgia Treatment Market
16.1 Market Share by Country
16.2 Saudi Arabia
16.3 United Arab Emirates
16.4 Nigeria
16.5 South Africa
16.6 Others
17 Regulatory Framework
17.1 Regulatory Overview
17.1.1 US FDA
17.1.2 EU EMA
17.1.3 INDIA CDSCO
17.1.4 JAPAN PMDA
17.1.5 Others
18 Patent Analysis
18.1 Analysis by Type of Patent
18.2 Analysis by Publication year
18.3 Analysis by Issuing Authority
18.4 Analysis by Patent Age
18.5 Analysis by CPC Analysis
18.6 Analysis by Patent Valuation
18.7 Analysis by Key Players
19 Grants Analysis
19.1 Analysis by year
19.2 Analysis by Amount Awarded
19.3 Analysis by Issuing Authority
19.4 Analysis by Grant Application
19.5 Analysis by Funding Institute
19.6 Analysis by NIH Departments
19.7 Analysis by Recipient Organization
20 Clinical Trials Analysis
20.1 Analysis by Trial Registration Year
20.2 Analysis by Trial Status
20.3 Analysis by Trial Phase
20.4 Analysis by Therapeutic Area
20.5 Analysis by Geography
21 Funding and Investment Analysis
21.1 Analysis by Funding Instances
21.2 Analysis by Type of Funding
21.3 Analysis by Funding Amount
21.4 Analysis by Leading Players
21.5 Analysis by Leading Investors
21.6 Analysis by Geography
22 Partnership and Collaborations Analysis
22.1 Analysis by Partnership Instances
22.2 Analysis by Type of Partnership
22.3 Analysis by Leading Players
22.4 Analysis by Geography
23 Supplier Landscape
23.1 Pfizer Inc.
23.1.1 Financial Analysis
23.1.2 Product Portfolio
23.1.3 Demographic Reach and Achievements
23.1.4 Mergers and Acquisitions
23.1.5 Certifications
23.2 AstraZeneca
23.2.1 Financial Analysis
23.2.2 Product Portfolio
23.2.3 Demographic Reach and Achievements
23.2.4 Mergers and Acquisitions
23.2.5 Certifications
23.3 Eli Lilly and Company
23.3.1 Financial Analysis
23.3.2 Product Portfolio
23.3.3 Demographic Reach and Achievements
23.3.4 Mergers and Acquisitions
23.3.5 Certifications
23.4 Abiogen Pharma.
23.4.1 Financial Analysis
23.4.2 Product Portfolio
23.4.3 Demographic Reach and Achievements
23.4.4 Mergers and Acquisitions
23.4.5 Certifications
23.5 Merck Sharp & Dohme Corp.
23.5.1 Financial Analysis
23.5.2 Product Portfolio
23.5.3 Demographic Reach and Achievements
23.5.4 Mergers and Acquisitions
23.5.5 Certifications
23.6 Novartis AG
23.6.1 Financial Analysis
23.6.2 Product Portfolio
23.6.3 Demographic Reach and Achievements
23.6.4 Mergers and Acquisitions
23.6.5 Certifications
23.7 GlaxoSmithKline plc.
23.7.1 Financial Analysis
23.7.2 Product Portfolio
23.7.3 Demographic Reach and Achievements
23.7.4 Mergers and Acquisitions
23.7.5 Certifications
23.8 Zimmer Biomet
23.8.1 Financial Analysis
23.8.2 Product Portfolio
23.8.3 Demographic Reach and Achievements
23.8.4 Mergers and Acquisitions
23.8.5 Certifications
23.9 Johnson & Johnson Private Limited
23.9.1 Financial Analysis
23.9.2 Product Portfolio
23.9.3 Demographic Reach and Achievements
23.9.4 Mergers and Acquisitions
23.9.5 Certifications
23.10 Ampio Pharmaceuticals Inc.
23.10.1 Financial Analysis
23.10.2 Product Portfolio
23.10.3 Demographic Reach and Achievements
23.10.4 Mergers and Acquisitions
23.10.5 Certifications
23.11 Regeneron Pharmaceuticals Inc.
23.11.1 Financial Analysis
23.11.2 Product Portfolio
23.11.3 Demographic Reach and Achievements
23.11.4 Mergers and Acquisitions
23.11.5 Certifications
23.12 Boehringer Ingelheim International GmbH
23.12.1 Financial Analysis
23.12.2 Product Portfolio
23.12.3 Demographic Reach and Achievements
23.12.4 Mergers and Acquisitions
23.12.5 Certifications
23.13 Abbott
23.13.1 Financial Analysis
23.13.2 Product Portfolio
23.13.3 Demographic Reach and Achievements
23.13.4 Mergers and Acquisitions
23.13.5 Certifications
23.14 AbbVie Inc.
23.14.1 Financial Analysis
23.14.2 Product Portfolio
23.14.3 Demographic Reach and Achievements
23.14.4 Mergers and Acquisitions
23.14.5 Certifications
23.15 Astellas Pharma Inc.
23.15.1 Financial Analysis
23.15.2 Product Portfolio
23.15.3 Demographic Reach and Achievements
23.15.4 Mergers and Acquisitions
23.15.5 Certifications
23.16 BioDelivery Sciences International Inc.
23.16.1 Financial Analysis
23.16.2 Product Portfolio
23.16.3 Demographic Reach and Achievements
23.16.4 Mergers and Acquisitions
23.16.5 Certifications
23.17 Crystal Genomics
23.17.1 Financial Analysis
23.17.2 Product Portfolio
23.17.3 Demographic Reach and Achievements
23.17.4 Mergers and Acquisitions
23.17.5 Certifications
23.18 Daiichi-Sankyo Company Limited
23.18.1 Financial Analysis
23.18.2 Product Portfolio
23.18.3 Demographic Reach and Achievements
23.18.4 Mergers and Acquisitions
23.18.5 Certifications
24 Fibromyalgia Treatment Market- Distribution Model (Additional Insight)
24.1 Overview
24.2 Potential Distributors
24.3 Key Parameters for Distribution Partner Assessment
25 Key Opinion Leaders (KOL) Insights (Additional Insight)
26 Company Competitiveness Analysis (Additional Insight)
26.1 Very Small Companies
26.2 Small Companies
26.3 Mid-Sized Companies
26.4 Large Companies
26.5 Very Large Companies
27 Payment Methods (Additional Insight)
27.1 Government Funded
27.2 Private Insurance
27.3 Out-of-Pocket

Companies Mentioned

  • Pfizer Inc.
  • Astrazeneca
  • Eli Lilly and Company
  • Abiogen Pharma.
  • Merck Sharp & Dohme Corp.
  • Novartis AG
  • GlaxoSmithKline plc.
  • Zimmer Biomet
  • Johnson & Johnson Private Limited
  • Ampio Pharmaceuticals Inc.
  • Regeneron Pharmaceuticals Inc.
  • Boehringer Ingelheim International GmbH
  • Abbott
  • Abbvie Inc.
  • Astellas Pharma Inc.
  • Biodelivery Sciences International Inc.
  • Crystal Genomics
  • Daiichi-Sankyo Company Limited

Methodology

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