Global Divalproex Sodium Market Overview:
Divalproex sodium, an anti-epileptic medicine which can also be used to prevent the bipolar disorder patient. A huge proportion of the causes of death related to epilepsy, especially in both developing and underdeveloped nations. For instance, according to the World Health Organisation (WHO), around 50 million people were affected by epilepsy across the world. And, approximately 80 percent of people with epilepsy live in low and middle-income nations.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Market Growth Drivers:
Growing Prevalence of Seizure and Bipolar Disorders across the World and Increasing Government Initiatives and Rising Research & Development for the Introduction of New Products
Challenges:
Various Adverse Reactions Includes Birth Defects and Neurobehavioral Adverse Effects
Restraints:
High Fatal Risks with the Use of Divalproex Sodium
Opportunities:
The Growth in the Number of Patients Affected with Epilepsy and Migraine Headaches Patients Globally
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are AbbVie Inc. (United States), Abbott Laboratories (United States), Mylan (United States), Zydus Pharmaceuticals (USA) Inc. (United States), Aurobindo Pharma Limited (India), Dr Reddys Labs (India), Lupin Limited (India), Teva Pharmaceutical Industries Ltd. (Israel), Orchid Chemicals & Pharmaceuticals (India) and Sun Pharmaceutical Industries Ltd. (India). Analyst at AMA Research see United States and Indian Players to retain maximum share of Global Divalproex Sodium market by 2028. Considering Market by Sales Channel, the sub-segment i.e. Hospital Pharmacies will boost the Divalproex Sodium market. Considering Market by Dosage Type, the sub-segment i.e. 125 mg will boost the Divalproex Sodium market.
Latest Market Insights:
In February 2022, Unichem Laboratories received Abbreviated New Drug Application (ANDA) approval for its Divalproex Sodium extended-release tablets from the United States Food and Drug Administration (USFDA).
In September 2020, Lupin has launched generic Divalproex Sodium extended-release tablets used for treatment of various conditions, including manic episodes associated with bipolar disorder.
"The European Medicines Agency has completed a review of the safety and effectiveness of valproate in the treatment of manic episodes in bipolar disorder. The Agency's Committee for Medicinal Products for Human Use (CHMP) has concluded that the benefits of valproate in this condition outweigh their risks and that all marketing authorisations for medicines containing valproate throughout Europe should be amended to include the treatment of manic episodes in bipolar disorders when lithium is contraindicated or not tolerated."
What Can be Explored with the Divalproex Sodium Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Divalproex Sodium Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Divalproex Sodium
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Divalproex Sodium market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Divalproex Sodium market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Divalproex Sodium Manufacturers, Distributors, Suppliers, Raw Material Distributors, Suppliers, Medicine Manufacturing Companies, Government Regulatory Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.