Global Muscle Relaxant Drugs Market Size, Share, and COVID-19 Impact Analysis, By Drug Type (Skeletal Muscle Relaxant Drugs, Facial Muscle Relaxant Drugs), By Route of Administration (Oral and Injectable), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Healthcare

RELEASE DATE Jun 2024
REPORT ID SI4589
PAGES 272
REPORT FORMAT PathSoft

Global Muscle Relaxant Drugs Market Insights Forecasts to 2033

  • The Global Muscle Relaxant Drugs Market Size was Valued at USD 3.90 Billion in 2023
  • The Market Size is Growing at a CAGR of 4.24% from 2023 to 2033
  • The Worldwide Muscle Relaxant Drugs Market Size is Expected to Reach USD 5.91 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Muscle Relaxant Drugs Market

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The Global Muscle Relaxant Drugs Market Size is Anticipated to Exceed USD 5.91 Billion by 2033, Growing at a CAGR of 4.24% from 2023 to 2033.

 

Market Overview

A wide range of illnesses marked by painful and abnormal muscle contraction are treated using muscle relaxants. They are frequently used to treat acute musculoskeletal conditions such as neck pain, spasms in the muscles, and lower back pain. During surgery, muscle relaxants are frequently used to stop muscular activity. They produce muscular relaxation by reducing muscle strain and share structural similarities with acetylcholine. Certain muscle relaxants reduce or block neural pathways that are overstimulated in the brain or spinal cord. This refer to the kinds of muscle relaxants as centrally-acting muscle relaxants.  A wide range of drugs are referred to as muscle relaxants, and they are used to ease muscle strain. Some muscle relaxants that block over-excited neural pathways in the brain or spinal cord include tizanidine, methocarbamol, and baclofen. Conversely, some relaxants, such as botulinum toxin and dantrolene, work directly on the muscle. Two main disorders that are treated with muscle relaxants are spasticity resulting from cerebral palsy and multiple sclerosis. There are several major competitors in the highly competitive and fragmented global market for muscle relaxants. The market is mostly driven by reasons including the rising incidence of muscular strains and spasms, the need for more efficient treatment alternatives, and the emergence of major competitors' strategic initiatives. The prevalence of this illness is increasing, and crucial diagnostic processes and therapies will spur market expansion.  

 

Report Coverage

This research report categorizes the market for the global muscle relaxant drugs market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global muscle relaxant drugs market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global muscle relaxant drugs market.

 

Global Muscle Relaxant Drugs Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 3.90 Billion
Forecast Period:2023-2033
2033 Value Projection:USD 5.91 Billion
Historical Data for:2019-2022
No. of Pages:272
Tables, Charts & Figures:110
Segments covered:By Drug Type, By Route of Administration, By Distribution Channel, By Region
Companies covered:: Amneal Pharmaceuticals LLC, Ipsen Biopharmaceuticals, Inc., Merz Pharmaceuticals, LLC., Par Pharmaceutical, Vertical Pharmaceuticals, Mallinckrodt, Amgen Inc., Nexus Pharmaceuticals, Metacel Pharmaceuticals, LLC., Teva Pharmaceuticals USA, Inc., Actelion Pharmaceuticals Ltd, Sandoz International GmbH, and Others
Pitfalls & Challenges:Covid-19 Empact, Challenges, Growth, Analysis.

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Driving Factors

The market is growing as a result of an increase in the frequency of musculoskeletal issues and a rise in consumer knowledge about their management and treatment. The newer, technologically advanced muscle relaxants known as structurally different drugs are used to treat hyperreflexia, pain, and spasms in the muscles. This accelerates the market's growth. The market for muscle relaxant drugs is significantly driven by the aging population, which is driving up demand. Age-related musculoskeletal ailments such as degenerative diseases, persistent pain, and arthritis are more common as the world's population ages. To relieve pain and enhance mobility, these disorders frequently cause muscle rigidity, spasms, and discomfort. Medical intervention is therefore necessary. To meet these objectives, muscle relaxants are essential since they reduce pain and muscular spasms.

 

Restraining Factors

There is a possibility that the many prescription pharmaceuticals known as muscle relaxants will have negative side effects. Muscle relaxants can have a variety of negative side effects, including drowsiness, lightheadedness, and impaired motor coordination. This brings up several safety issues, particularly when driving or other situations call for more vigilance. Healthcare practitioners must exercise considerable caution when evaluating the prescription of such pharmaceutical therapies because the potential for significant adverse effects precludes the wider use of these medications, especially in specific demographic groups.

 

Market Segmentation

The global muscle relaxant drugs market share is classified into drug type, route of administration, and distribution channels.

  • The skeletal muscle relaxant drugs segment dominates the market with the largest market share through the forecast period.

Based on the drug type, the global muscle relaxant drugs market is categorized into skeletal muscle relaxant drugs and facial muscle relaxant drugs. Among these, the skeletal muscle relaxant drugs segment dominates the market with the largest market share through the forecast period. Skeletal muscle relaxants are being used to treat chronic pain and other illnesses in addition to back pain and muscular spasms, for which they were originally approved for short-term usage. The most common cause for seeking medical attention is pain. One of the top five reasons for visiting a primary care physician's office is low back pain.

 

  • The oral segment is anticipated to grow at the fastest CAGR growth through the forecast period.

Based on the route of administration , the global muscle relaxant drugs market is categorized into oral and injectable. Among these, the oral segment is anticipated to grow at the fastest CAGR growth through the forecast period. The most common way to administer medication is orally. It is the most preferred approach because of its advantages, which include non-invasiveness, patient compliance, and simplicity in the administration of medication. Furthermore, the market expands with the launch of medicines in oral form. It is used to treat spasticity caused by multiple sclerosis and when it is linked to diseases or lesions of the spinal cord.

 

  • The hospital pharmacy segment accounted for the largest revenue share through the forecast period.

Based on the distribution channel, the global muscle relaxant drugs market is categorized into hospital pharmacies, retail pharmacies, and online pharmacies. Among these, the hospital pharmacy segment accounted for the largest revenue share through the forecast period. The main causes of the domination include rising clinical and surgical visits as well as raising awareness. In addition, a major reason propelling the category growth is the aging population. This is explained by the fact that older people are frequently hospitalized for various chronic illnesses for which they are prescribed medicine.

 

Regional Segment Analysis of the Global Muscle Relaxant Drugs Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global muscle relaxant drugs market over the predicted timeframe.

 

North America

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North America is anticipated to hold the largest share of the global muscle relaxant drugs market over the predicted timeframe. North America the rising incidence of musculoskeletal problems, regulatory bodies' approval, and the presence of many market players are the main factors contributing to the growth of the muscle relaxant drug market. Also, the need for muscle relaxant drugs is being driven by the growing senior population in North American nations. Diseases including back discomfort, muscular strains, and spasms including those brought on by injury to the spine are more common in this population. Because of its sophisticated healthcare facilities, rising annual surgical procedures, and rising frequency of spasticity.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the global muscle relaxant drugs market during the forecast period. The other variables driving regional prosperity include governments investing more in R&D and the rapid development of infrastructure. Moreover, the market for muscle relaxants grew as a result of the strategic moves taken by major industry participants to increase their footprint in the region.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global muscle relaxant drugs market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Amneal Pharmaceuticals LLC
  • Ipsen Biopharmaceuticals, Inc.
  • Merz Pharmaceuticals, LLC.
  • Par Pharmaceutical
  • Vertical Pharmaceuticals
  • Mallinckrodt
  • Amgen Inc.
  • Nexus Pharmaceuticals
  • Metacel Pharmaceuticals, LLC.
  • Teva Pharmaceuticals USA, Inc.
  • Actelion Pharmaceuticals Ltd
  • Sandoz International GmbH
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In March 2024, Nexus Pharmaceuticals announced the launch of Baclofen Injection, USP. This sterile solution is designed for intrathecal administration and serves as a muscle relaxant and antispastic. 

 

  • In November 2023, global pharmaceutical company Lupin announced the launch of Rocuronium Bromide Injection, the generic equivalent of Zemuron Injection, in the United States. It acts as a neuromuscular blocking agent, facilitating rapid sequence and routine tracheal intubation, and providing skeletal muscle relaxation during surgery or mechanical ventilation.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global muscle relaxant drugs market based on the below-mentioned segments: 

 

Global Muscle Relaxant Drugs Market, By Drug Type

  • Skeletal Muscle Relaxant Drugs
  • Facial Muscle Relaxant Drugs

 

Global Muscle Relaxant Drugs Market, By Route of Administration

  • Oral
  • Injectable

 

Global Muscle Relaxant Drugs Market, By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

 

Global Muscle Relaxant Drugs Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. Which are the key companies that are currently operating within the market?
    Amneal Pharmaceuticals LLC., Ipsen Biopharmaceuticals, Inc., Merz Pharmaceuticals, LLC., Par Pharmaceutical, Endo Pharmaceuticals, Vertical Pharmaceuticals, Mallinckrodt, Amgen Inc. Nexus Pharmaceuticals, Metacel Pharmaceuticals, LLC., Teva Pharmaceuticals USA, Inc., Actelion Pharmaceuticals Ltd, Sandoz International GmbH, and others
  • 2. What is the size of the Global muscle relaxant drugs market?
    The Global Muscle Relaxant Drugs Market Size is Expected to Grow from USD 3.90 Billion in 2023 to USD 5.91 Billion by 2033, at a CAGR of 4.24% during the forecast period 2023-2033.
  • 3. Which region is holding the largest share of the market?
    North America is anticipated to hold the largest share of the global muscle relaxant drugs market over the predicted timeframe.

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