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Epilepsy Treatment Drugs Market Analysis

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

Epilepsy Treatment Drugs Market Analysis

Based on drug class, the global market is segmented into first- generation, second-generation, and third-generation drugs. The second-generation anti-epileptic drugs is expected to lead the market, projecting the highest revenue of USD 6.1 billion by 2032.

 

  • The expected prevalence of second-generation anti-epileptic drugs is attributed to their benefits, which involves the diminished interactions and a lower occurrence of adverse events.

     

  • Furthermore, the expansion of the epilepsy treatment segment is driven by the introduction of second-line drugs by various industry participants. In February 2021, Dr. Reddy's Laboratories launched Vigabatrin tablets in the U.S. Ongoing new product launches and increased acceptance of second-generation epilepsy drugs position the segment for growth in the foreseeable future.

 

Epilepsy Treatment Drugs Market Share, By Type, (2023)

Based on type, the global epilepsy treatment drugs market is classified into branded and generics. The branded drugs segment dominated the market accounting for the highest share of 59.3% in 2023.

 

  • High growth of branded epileptic drugs is attributed to established brand recognition, perceived efficacy with proven track record of safety and reliability in clinical trials.

     

  • Physicians and patients opt for branded medications due to the assurance offered by reputable pharmaceutical brands and the observed quality. This dominance underscores the influence of brand reputation in the preferences and choices within the epilepsy treatment landscape.

     

Based on route of administration, the global epilepsy treatment drugs market is classified into oral, nasal, injectable, and rectal. The oral route of administration segment accounted for the largest share in 2023.

 

  • The oral route dominates the market due to its convenience, patient compliance, and well-established formulations. Oral medications offer ease of use, allowing patients to self-administer and adhere to prescribed regimens consistently. This route is favored for its simplicity compared to other administration methods, such as intravenous or intramuscular injections.

     

  • Hence, the anticipated widespread adoption, coupled with providing epilepsy treatments to a diverse range of patients is projected to fuel the market expansion.
     

Based on age group, the epilepsy treatment drugs market is classified into children and adult. In 2023, The adult segment dominates the market with the largest revenue share and is expected to reach USD 8.8 billion by 2032.

 

  • The higher incidence of epilepsy in adults compared to other age brackets is major factor influencing the market growth. According to Center for Disease Control and Prevention (CDC), around 3 million adults in the U.S. aged 18 or above are currently living with active epilepsy, and nearly 1 million of them are 55 years or older. Therefore, pharmaceutical developments and treatment strategies often prioritize adult patients, aligning with the demographic prevalence of epilepsy in this age group. The increasing need for elder-centric epilepsy care has led to a rise in demand for effective treatment options, including drugs and neurostimulation devices.

     

  • Thus, the most epilepsy treatment drugs and related research cater to the specific needs and challenges associated with adult-onset epilepsy, thereby augmenting the market expansion.

     

Based on seizure type, the epilepsy treatment drugs market is classified into focal seizure, generalized seizure, and combined seizure. The generalized seizure segment accounted for USD 4.9 billion in 2023.

 

  • This dominance of this segment is attributed to the prevalence of generalized seizures, involving various seizure types affecting both hemispheres of the brain. Therefore, AEDs are widely adopted for such seizure types, thereby addressing diverse indications

     

  • Also, the market's focus on developing effective treatments for generalized seizures reflects the urgency to address the substantial patient population affected by this broad and impactful class of epileptic episodes. For instance, in January 2023, Zydus Lifesciences (India) introduced generic Topiramate extended-release capsules in the U.S. This launch anticipated to expand the AED options for patients aged six and older with partial onset or primary generalized tonic-clonic seizures. Such launching strategies by players is anticipated to propel the market growth.

     

Based on distribution channel, the epilepsy treatment drugs market is classified into hospital pharmacies, retail pharmacies, and online pharmacies. The retail pharmacies segment is expected to reach USD 5.2 billion by 2032.

 

  • The convenience coupled with patient-centric services enhance the prominence of retail pharmacies in the market. Also, the ease of the availability and accessibility of the drugs, influence the market dynamics and shaping the overall patient experience in managing this medical condition.

     

  • Further, pharmacists in retail settings often provide valuable patient education and counseling services. They play a pivotal role in ensuring that individuals prescribed with epilepsy treatment drugs understand their medications, dosage instructions, potential side effects, and the importance of adherence. This personalized interaction contributes to improved patient outcomes.

 

North America Epilepsy Treatment Drugs Market, 2020 – 2032 (USD Billion)

In 2023, the North America held a significant market share in the global epilepsy treatment drugs market and is anticipated to dominate the market throughout the forecast period with a CAGR of 4.3%.

 

  • The region market is driven by the increasing burden of epilepsy, strategic initiatives by market players, awareness campaigns, and new product launches. For instance, in November 2022, CDC highlighted that epilepsy affects approximately 3.4 million Americans, with about 1 in 10 individuals experiencing a seizure in their lifetime. This prevalence is expected to elevate the demand for epilepsy treatment, thereby fostering the regional market development.

     

  • Similarly, according to data released by Nationwide Children's Hospital, in 2022 the North America hosts over 260 epilepsy centers, providing specialized care to both children and adults in the US. Thus, the presence of such centers signifies a robust infrastructure dedicated to comprehensive diagnosis, treatment, and support for individuals affected by epilepsy, ultimately enhancing the overall market progress.
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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