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Muscle Relaxants Drugs Market (Drugs Type - Facial Muscle Relaxant Market, Skeletal Muscle Relaxant Market and Neuromuscular Relaxant Market; Distribution Channel - Drug Stores, Hospitals, Clinics and Online Stores; Region - North America, Europe, Asia-Pacific, and Rest of the World): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024

  • Published : August, 2018

  • Rep Id : HC0373

  • Category : Healthcare & Medical Devices

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Muscle Relaxants Drugs Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Muscle Relaxants Drugs Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Muscle Relaxants Drugs Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on muscle relaxants drugs market provides an in-depth analysis of segments and sub-segments in global as well as regional muscle relaxants drugs market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional muscle relaxants drugs market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global muscle relaxants drugs market. According to the report the global muscle relaxants drugs market is projected to grow at a CAGR of 6.2% over the forecast period of 2018-2024.

 

Market insight

Muscle relaxants are drugs that are used to relax and reduce tension in muscles. These are mainly used to treat spasticity, muscle spasms, and cervical dystonia. Muscle relaxants are beneficial for short-term use for acute, painful musculoskeletal conditions. Spasticity is another term for stiff and rigid muscles caused due to conditions such as cerebral palsy, stroke or multiple sclerosis. Muscle spasms are temporary muscular contractions that are often associated with the condition such as tension headache, low back pain, and fibromyalgia. Muscle relaxants are not really a class of drugs but rather are a group of drugs of different drugs that have an overall sedative effect.

 

Increasing stress and tension levels among people due to work pressure, improper sleep, rising accidents, and advanced drug delivery technologies are some of the factors fueling the growth of the muscle relaxants drug market. The online shopping of muscle relaxants are helping to increase the demand for muscle relaxant drugs. In addition, adoption of facial relaxants for anti-aging treatment is boosting the market growth. However, side effects caused by the muscle relaxants drugs hinder market growth. Use of muscle relaxant drugs in different applications and rising usage in the cosmetic industry can create a demand for muscle relaxants drugs market in the near future.

 

Geographically, North America held the largest market share in 2017. The factors such as increase awareness about muscle relaxant drugs, adoption of online shopping for drugs are the factors driving growth in this region. Asia-Pacific is expected to be the fastest growing CAGR among other regions owing to the huge population base, rising stress/ tension level and improving healthcare infrastructures in this region.

 

Segment Covered

The report on global muscle relaxants drugs market covers segments such as drugs type and distribution channel. On the basis of drugs type the global muscle relaxants drugs market is categorized into the facial muscle relaxant market, skeletal muscle relaxant market and neuromuscular relaxant market. On the basis of the distribution channel, the global muscle relaxants drugs market is categorized into drug stores, hospitals, clinics, and online stores.

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region.

 

Global Muscle Relaxants Drugs Market


The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific the region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global muscle relaxants drugs market such as Abbott Laboratories, Mallinckrodt plc. Medtronic Neuromodulation (Medtronic Inc.), Vertical Pharmaceuticals LLC, Johnson & Johnson, Par Sterile Products, LLC. Endo Pharmaceuticals, Inc., SteriMax Inc., Upsher-Smith Laboratories, Inc. and Orient Pharma Co., Ltd.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global muscle relaxants drugs market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of muscle relaxants drugs market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the muscle relaxants drugs market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the muscle relaxants drugs market to understand the present and future trends in this market and formulate their strategies accordingly.


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