Epilepsy Treatment Market Research Report Analysis By Top Companies like Pfizer Inc., Novartis AG, Abbott, Neurelis, GlaxoSmithKline plc., Johnson & Johnson Services Inc.
This EPILEPSY TREATMENT market research report involves a key data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour, which is of utmost importance when it comes to achieving a success in the competitive marketplace. Thus, the report deals with plentiful aspects of the industry. This market report provides with CAGR value fluctuation during the forecast period of 2018-2025 for the market. SWOT analysis is the standard, renowned and full-proof method to conduct the market research study which is used to formulate this particular EPILEPSY TREATMENT market report.
Global epilepsy treatment market is expected to rise from its initial estimated value of USD 4.65 billion in 2018 to an estimated value of USD 6.47 billion by 2026, registering a CAGR of 4.2% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising awareness about the disease and therapeutic options available in the market.
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Epilepsy is a chronic neurological disorder that is associated with constant and unfounded seizures. Seizures that are caused without any explainable reasons are said to be in a patient suffering from epilepsy. These seizures are said to be caused by some past injury to the brain or some traumatic incident. The cause of epilepsy and seizures associated with it are unknown, but it originates from the human brain.
Global Epilepsy Treatment Market, By Product Type (First-Generation, Second-Generation, Third-Generation), Distribution Channel (Hospitals, Clinics, Retail Pharmacies, Online Pharmacies), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends & Forecast to 2026
The global epilepsy treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of epilepsy treatment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the epilepsy treatment market are :-
- Pfizer Inc.,
- Novartis AG,
- GlaxoSmithKline plc.,
- Johnson & Johnson Services Inc.,
- Teva Pharmaceutical Industries Ltd.,
- Sumitomo Dainippon Pharma Co. Ltd.,
- Bausch Health, Sanofi,
- Takeda Pharmaceutical Company Limited.,
- UCB S.A.,
- Marinus Pharmaceuticals Inc.,
- Eisai Co. Ltd.,
- Upsher-Smith Laboratories LLC.,
- SK BIOPHARMACEUTICALS,
- Vertex Pharmaceuticals Incorporated,
- GW Pharmaceuticals plc.,
- Zogenix Inc.,
- Supernus Pharmaceuticals Inc,
- DAIICHI SANKYO COMPANY LIMITED.
- Rising awareness and technological advancements regarding the treatment options available in the market is expected to drive the market growth
- Large number of patients suffering from the disease globally is also expected to drive the market growth
- Lack of affordability and penetration of epilepsy treatment methods in developing regions is also expected to restrain the market growth
- Prescription preference and routine of prescribing first generation anti-epileptic drugs over second generation anti-epileptic drugs is also expected to act as a restraint to the market growth
Reasons to Purchase this Report:
- Current and future of global epilepsy treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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- By Product Type
- First-Generation Epilepsy Therapeutics
- Carbamazepine (Tegretol)
- Valproate (Depakote)
- Ethosuximide (Zarontin)
- Primidone (Mysoline)
- Second-Generation Epilepsy Therapeutics
- Lacosamide (Vimpat)
- Lamotrigine (Lamictal)
- Levetiracetam (Keppra)
- Brivaracetam (Briviact)
- Perampanel (Fycompa)
- Third-Generation Epilepsy Therapeutics
- By Distribution Channel
- Retail Pharmacies
- Online Pharmacies
- First-Generation Epilepsy Therapeutics
Key Developments in the Market:
- In February 2016, US Food and Drug Administration announced that they had approved UCB S.A.’s briviact (brivaracetam) treatment for epilepsy patients aged 16 and above to treat partial onset seizures
- In December 2015, Neurelis announced that US Food and Drug Administration granted Orphan Drug Designation to NRL-1, treatment for epilepsy patients suffering from acute repetitive seizures.
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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