LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global alprazolam market since 2019 and the market is poised to grow by USD 90.33 million during 2020-2024, progressing at a CAGR of around 4% during the forecast period. Request free sample pages
Read the 159-page report with TOC on “Alprazolam Market Analysis Report by Type (Anxiety, Panic disorders, and Others), Geography (Asia, Europe, North America, and ROW), and the Segment Forecasts, 2020-2024”.
The market is driven by the increasing prevalence of anxiety and panic disorders. In addition, the use of alprazolam in new research areas is anticipated to boost the growth of the alprazolam market.
Middle-aged and older people are more likely to experience psychiatric indications such as anxiety and panic disorders. The prevalence of anxiety and panic disorders is also on the rise in the younger population due to changing lifestyles and increasing stress. These factors have led to a rise in the number of awareness campaigns focused at ensuring timely diagnosis and treatment of these indications. All these factors are expected to drive the demand for alprazolam.
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Major Five Alprazolam Companies:
Amneal Pharmaceuticals Inc.
Amneal Pharmaceuticals Inc. operates the business across segments such as Generics and Specialty. Generic Xanax(R) XR Extended Release Tablets is one of the key offerings of the company. It is an alprazolam-based generic version of XANAX XR, which is approved for the management of anxiety or the short-term relief from the symptoms of anxiety. The company offers the drug in four different doses, namely 0.5 mg, 1 mg, 2 mg, and 3 mg.
Cadila Healthcare Ltd.
Cadila Healthcare Ltd. operates the business in the Pharmaceuticals segment. Alprazolam tablet is one of the key offerings of the company. It is a short-acting benzodiazepine that is approved for the treatment of panic disorders and anxiety. The company offers the drug in three doses, namely 0.5mg, 1mg, and 2mg.
Endo International Plc
Endo International Plc operates the business across various segments such as US Branded – Specialty & Established Pharmaceuticals, US Branded – Sterile Injectables, US Generic Pharmaceuticals, and International Pharmaceutical. Niravam is one of the key offerings of the company. It is an alprazolam-based drug that is used for the treatment of anxiety and panic disorders. The drug is available in four dosage forms, 0.25mg, 0.5mg, 1mg, and 2mg.
Jazz Pharmaceuticals Plc
Jazz Pharmaceuticals Plc operates the business under a unified business segment. Niravam is the key offering of the company. It is a benzodiazepine-based drug that is approved for the treatment of generalized anxiety disorder and panic disorder, with or without agoraphobia.
Mylan NV
Mylan NV operates the business across segments such as Gx, Rx/Bx, and OTC. ALPRAZOLAM Tablets, USP is the key offering of the company. It is a benzodiazepine-based drug that is approved for the treatment of anxiety and panic disorders. The company offers the drug in four doses, 0.25mg, 0.5mg, 1mg, and 2mg.
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Alprazolam Type Outlook (Revenue, USD Million, 2020 – 2024)
- Anxiety
- Panic disorders
- Others
Alprazolam Regional Outlook (Revenue, USD Million, 2020 – 2024)
- Asia
- Europe
- North America
- ROW
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