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Epilepsy Treatment Drugs Market Size

  • Report ID: GMI7730
  • Published Date: Dec 2023
  • Report Format: PDF

Epilepsy Treatment Drugs Market Size

Epilepsy Treatment Drugs Market was valued at USD 8.3 billion in 2023 and is expected to grow at over 4.6% CAGR between 2024 and 2032. The key drivers propelling the expansion of the market involve the surge in recent approvals for new medications and the escalating prevalence of epilepsy globally.

 

According to the World Health Organization's update in February 2023, approximately 50 million individuals suffer with epilepsy, establishing it as one of the prevailing neurological conditions worldwide. Also, nearly 80% of the affected belong to the low and middle-income countries. Therefore, the significant prevalence and impact of epilepsy has surged the critical need for efficient treatment, thereby anticipating an opportunistic factor for market expansion.

 

Epilepsy treatment drugs are pharmaceutical agents designed to manage and mitigate the symptoms of epilepsy; a neurological disorder characterized by recurrent seizures. These drugs aim to prevent or reduce the frequency and intensity of seizures. The selection and administration of antiepileptic drugs are tailored to the specific type of epilepsy and individual patient characteristics.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global epilepsy treatment drugs industry was valued at USD 8.3 billion in 2023 and is expected to reach USD 12.3 billion by 2032 due to the surge in recent approvals for new medications and the escalating prevalence of epilepsy globally.

The adult segment is expected to generate a revenue of USD 8.8 billion by 2032 owing to the higher incidence of epilepsy in adults compared to other age brackets.

North America epilepsy treatment drugs market is anticipated to record 4.3% CAGR from 2023 to 2032 driven by the increasing burden of epilepsy, strategic initiatives by the drug manufacturers, awareness campaigns, and new product launches.

UCB Pharma S.A., GlaxoSmithKline Plc, Sanofi, SK Biopharmaceuticals, Eisai Co., Ltd., Novartis AG, Novel Laboratories Inc., Pfizer Inc., Neurelis, Inc., Bausch Health Companies Inc., Dr. Reddy's Laboratories, SUMITOMO PHARMA, Jazz Pharmaceuticals, Inc., and Sun Pharmaceutical Industries Ltd.

Epilepsy Treatment Drugs Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 373
  • Countries covered: 19
  • Pages: 220
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