Market Snapshot:
Epilepsy Drugs are used to treat people who are suffering from epilepsy diseases, it is a central nervous system disorder in the brain by which brain activities sometimes become abnormal. These activities are able to cause seizers or unusual behaviors to the patients. The symptoms of these diseases caused brain malfunction, tumors and in women, it majorly can cause a high risk of pregnancies. So to prevent all these consequences epilepsy drugs are used to cured patients and all these circumstances are also driving the market for these drugs.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Abbott Laboratories (United States), GlaxoSmithKline Plc (United Kingdom), UCB (Europe), Cephalon, Inc. (United States), Johnson & Johnson (United States), Pfizer (United States), Novartis AG (Switzerland), AbbVie Inc. (United States), Sunovion Pharmaceuticals (United States) and Bausch Health (Canada) |
Segment Analysis
AMA Research have segmented the market of Global Epilepsy Drugs market by Type, Application and Region.
On the basis of geography, the market of Epilepsy Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Trend
Increase in Epilepsy Management Costs and Acceptance in Use of Immunotherapy and Immunomodulators
Market Drivers
Developments in Understanding of Epilepsy Pathology, Rising Road Traffic Injuries Coupled with Higher Incidence of Birth-Related Injuries and Rising Incidents of Neurological Disorders
Opportunities
Campaigning Of Several Programs Related to the Treatment of Seizures in Epileptic Patients, Growing Government Funding and Drugs Reimbursement Options in European & American Countries and Growing Screening of Patients, Penetration, and Availability of Drugs in Developing Countries
Restraints
- High Cost of Patented Drugs and Low Accessibility to Epilepsy Drugs in Low and Middle-Income Countries
- High Cost of Antiepileptic Drugs
In addition to the aforementioned factor, Developments in Understanding of Epilepsy Pathology
is expected to propel the growth of the market over the forecast period.
The key Players profiled in the study are Abbott Laboratories (United States), GlaxoSmithKline Plc (United Kingdom), UCB (Europe), Cephalon, Inc. (United States), Johnson & Johnson (United States), Pfizer (United States), Novartis AG (Switzerland), AbbVie Inc. (United States), Sunovion Pharmaceuticals (United States) and Bausch Health (Canada). A lot of Global players are profiled in the research study indicating a strong market dependence.