Market Research Future adds new report of “Benzodiazepine Market Research Report – Forecast to 2022” it contains Company information, geographical data and Table of Content
Competitive Analysis:
Some of the key players of this market are
Intended Audience
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Market Highlight:
Benzodiazepines (BZD) are a class of psychoactive drugs with sedative, hypnotic (sleep-inducing), anti-anxiety, anticonvulsant, and muscle relaxant properties. Benzodiazepines (BZD) are useful in treating anxiety, insomnia, agitation, seizures, muscle spasms and alcohol withdrawal symptoms.
The prescribing of BZD’s as a whole had diminished greatly since their heyday of the 1970s. After the late 1980s, the initial decline of BZD’s was further hastened by the rise of the Selective Serotonin Reuptake Inhibitors (SSRIs) and the shift of psychiatry from anxiety to depression. However the tide turned in favor of BZD’s by the year 2000.
Between 2005 and 2008, 11% of all Americans over the age of 12 took an anti-anxiety medication. This along with the development of Xanax and the inclusion of anti-anxiety medication in health care programs in the U.S. has led to revival of benzodiazepines. Other factor in favor of BZD’s is the weak pipeline of novel anti-anxiety drugs and sluggish growth of 2.5 % CAGR in general anxiety disorder market.
The BZD are proving themselves as a middle ground as compared to other drugs, which has placed them in favorable positions once again, albeit in a declining market. Unless there is discovery of newer safer alternative drugs the BZD’s are here to stay as they have lesser side effects as compared to barbiturates and the lack of efficacy and late onset of action of Selective Serotonin Reuptake Inhibitor (SSRI’s).
Thus taking all these factors together, we expect the Benzodiazepine market to grow at a CAGR of 1.5% to 2.3% by 2022. The International Narcotics Control Board (INCB) reported that Italy (32 %), India (19 %), China (11 %) and Germany (10 %) were the leading manufacturers between 1997 and 2006.
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Market Segments:
Global Benzodiazepine market has been segmented;
Table of Content
List Of Tables
Table 1 Global Benzodiazepine Market, 2013-2022 (Usd Million)
Table 2 Global Benzodiazepine Market, By Application, 2013-2022 (Usd Million)
Table 3 Global Benzodiazepine Market, By Time Of Action, 2013-2022 (Usd Million)
Table 4 Global Benzodiazepine Market, By Region, 2013-2022 (Usd Million)
List of Figures
Figure 1 Research Process
Figure 2 Porters Five Forces Model
Figure 3 Global Benzodiazepine Market, By Application
Figure 4 Global Benzodiazepine Market, By Time Of Action
Figure 5 Global Benzodiazepine Market, By Region
Figure 6 Global Benzodiazepine Market: Company Share Analysis, 2015 (%)
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