Diazepam Market Analysis By Key Players, Share, Size, Trends, Aftermarket, Growth, Opportunities, And Regional Forecast To 2027

Rising incidences of anxiety disorders, insomnia, & alcohol addiction, increasing investments on research & development, new product launches, increasing awareness for its safe application and various ongoing clinical trials are key factors contributing to high CAGR of Diazepam market during the forecast period.

 

The Global Diazepam Market was valued at USD 1.01 Billion in 2019 and is expected to reach USD 1.31 Billion by the year 2027, growing at a CAGR of 3.4%.

Diazepam is a benzodiazepine. It is mainly used for applications associated with the central nervous system. The chemicals in the brain of people with conditions such as anxiety disorders, insomnia are unbalanced, which are then treated by using diazepam. The most common reason for the consumption of this medication is alcohol withdrawal, anxiety disorder, muscle relaxation, seizers, and drugs for dogs to treat seizures. Other applications include purposes such as light anesthesia, preoperative sedation, and further clinical trials are ongoing to find its new applications. Its most commonly prescribed formulation is 5mg tablets for anxiety issues. The rising incidence of anxiety disorders, alcohol addiction cases, and the availability of FDA approved drugs in the market are expected to drive the market growth of the diazepam industry. However, the side effects associated with the use of this medication, including profound sedation, respiratory depression, and addiction risks, which will impede the growth of this market.

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The untapped potential of emerging markets such as Asia-Pacific and Latin America is anticipated to provide lucrative growth opportunities to the market players involved in diazepam market. Moreover, the advancements in the field of therapeutics in order to intensify the accuracy and reliability is expected to boost the market growth during forecasting period. However, stringent regulations regarding approvals, side effects associated with diazepam treatment, withdrawal symptoms, drug-drug interactions, limited awareness about the disorder, lack of improved diagnosis, and technological advances and high research and development investment are the major factors restraining the market growth.

Furthermore, increasing investments on clinical trials for multiple applications of this drug, availability of research funds from private as well as public bodies, some improvements in the reimbursement scenario, and rising awareness about multiple uses, least side effects of this drug are among the key factors propelling the growth of Diazepam market.

Further key findings from the report suggest

  • The rectal gel type segment of form of medication is expected to grow with a CAGR of 3.3% during the forecast period. Tablets remains the chief revenue generating segment in global Diazepam market.
  • Prescription for mental disorders including depression, anxiety, insomnia, use of diazepam as a light anesthetic, use of diazepam by veterinarians on dogs to treat seizures, muscle relaxation and most importantly alcohol withdrawal, are among the key applications of diazepam contributing to the market growth.
  • Diazepam may have some habit forming tendency in the body, hence is strictly suggested to take only as per the prescription of doctor. For muscle spasm, it is suggested to take 2-10 mg 3 or 4 times a day in adults. While in older adults it is prescribed generally to be taken between 2 to 2.5 mg strength, 1 or 2 times a day. The dose can be increased or decreased as well by the doctor as per the patient responds to the drug. In children above the age of 6 months a dose of 1 to 2.5 mg, 3 or 4 times per day is suggested.
  • Numerous clinical trials are ongoing in its final stages to test the effects of diazepam on disorders other than currently known in the medical industry, such as for treating females patients with high tone pelvic floor dysfunction, behavioral emergency and acute agitation, efficacy and safety levels while using to treat Epilepsies, both partial and complex partial.
  • Reduced costs and increased reliability of diazepam drugs has allowed this industry to flourish for research applications as well as healthcare applications such as clinical developments, and more improved products.
  • North America remains the key revenue generating geographical segment in Diazepam market. The geographical segment accounted for USD 376.4 million in 2018. Availability of research funds from public as well as private sources, availability of awareness about mental disorders, state-of-art medications, presence of key market players in the region, favorable reimbursements for mental disorder based medications, rising focus on precision medicine, and rising awareness about alcohol withdrawal treatment and medications, are among the key factors driving the market growth for Diazepam in this region.
  • The global Diazepam market is highly fragmented with major players like Pfizer, F.Hoffmann-La Roche, Mylan, Teva Pharmaceutical Industries, Roche, Merck KGaA, Sun Pharmaceutical Industries, Bausch Health, AbbVie, Mayne Pharma, and Vintage Pharms., collectively constituting a competitive market.

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For the purpose of this report, Reports and Data has segmented the Diazepam market on the basis of form of medication, application, end user and region:

Form of Medication Outlook (Revenue in USD Million; 2017–2027)

  • Oral Solution
  • Rectal Gel
  • Injection
  • Tablet
    • 2 mg
    • 5 mg
    • 10mg

Application Outlook (Revenue in USD Million; 2017–2027)

  • Anxiety Disorders
  • Alcohol Withdrawal
  • Muscle Spasms
  • Seizures
  • Sedation
  • Insomnia

End-User Outlook (Revenue in USD Million; 2017–2027)

  • Geriatric
  • Pediatric
  • Adults

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Regional Outlook (Revenue in USD Million; 2017–2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of the Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • Middle East & Africa
  • Latin America

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