Press Release

Global Epilepsy Drugs Market to grow with a CAGR of 3.09% through 2030

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Global Epilepsy Drugs Market.

 

According to TechSci Research report, “Epilepsy Drugs Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2020-2030F”, Global Epilepsy Drugs Market has valued at USD 6.95 billion in 2024 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 3.09% through 2030.  

Improved awareness, access to healthcare, and diagnostic tools have led to the earlier detection of epilepsy. As more individuals are diagnosed with epilepsy, the demand for treatment, including epilepsy drugs, naturally increases. Improved access to healthcare services, particularly in urban and rural areas, has allowed more people to seek medical attention for unexplained seizures or other neurological symptoms, leading to a higher rate of epilepsy diagnosis. The development of advanced diagnostic technologies, such as electroencephalography (EEG), magnetic resonance imaging (MRI), and genetic testing, has enhanced the accuracy of epilepsy diagnosis. These tools aid healthcare professionals in confirming epilepsy and determining the most appropriate treatment. Efforts to reduce the stigma associated with epilepsy have encouraged individuals to seek medical evaluation and diagnosis. A less stigmatized environment makes it more likely for people to discuss their symptoms and pursue treatment. Epilepsy is common among children, and pediatric epilepsy is often diagnosed early due to vigilant parents, teachers, and healthcare providers. Pediatric diagnoses contribute to the overall increase in epilepsy diagnoses.

Public awareness campaigns, educational initiatives, and epilepsy advocacy groups work to educate people about the condition and the importance of early diagnosis. This awareness encourages individuals to consult healthcare professionals if they suspect epilepsy. Better training and education for healthcare providers, including primary care physicians and neurologists, have increased their ability to recognize epilepsy symptoms and make accurate diagnoses. Epilepsy can affect individuals of all ages. As the population ages, there may be an increased incidence of epilepsy, leading to more diagnoses in older adults. Healthcare systems and public health agencies may implement epilepsy surveillance programs to track the prevalence of the condition. These efforts lead to a better understanding of the true scope of epilepsy and can prompt further diagnosis and treatment. Research into genetic and biomarker-based diagnosis has advanced the field, allowing for more accurate and efficient diagnosis and the identification of potential drug targets for personalized treatment. Greater awareness of the signs and symptoms of epilepsy among both patients and healthcare providers results in a higher likelihood of timely diagnosis and treatment. This factor will accelerate the demand of the Global Epilepsy Drugs Market.


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Global Epilepsy Drugs Market is segmented based on Drugs, Distribution Channel, and by region.  

Based on the Drugs, Global Epilepsy Drugs Market is segmented into First Generation Anti-epileptics, Second Generation Anti-epileptics, Third Generation Anti-epileptics. First-generation anti-epileptic drugs (AEDs), also known as traditional or older AEDs, are a group of medications that were among the first to be developed and approved for the treatment of epilepsy. These drugs have been in use for several decades and were initially introduced in the mid-20th century. While they remain important in epilepsy management, newer, second-generation AEDs have been developed with improved safety and efficacy profiles. First-generation AEDs act on various mechanisms within the brain to prevent or reduce epileptic seizures. First-generation AEDs are known for their side effects, which can vary among different drugs but may include drowsiness, dizziness, memory problems, mood changes, and reduced cognitive function. Long-term use of some of these drugs may lead to more severe side effects, such as liver toxicity, bone health issues, or skin reactions. Many first-generation AEDs can interact with other medications, potentially affecting their efficacy or leading to adverse effects. Drug interactions are an important consideration for patients and healthcare providers.

 

Some of the major companies operating in the Global Epilepsy Drugs Market include:

  • Novartis AG
  • GlaxoSmithKline plc
  • Sanofi S.Aa
  • UCB S.A.
  • Abbott Laboratories
  • Bausch Health Companies, Inc
  • Viatris Inc.
  • Johnson & Johnson
  • Sumitomo Pharma Co., Ltd
  • H. Lundbeck A/S

 

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“Certain areas, particularly in North America, are projected to exert significant demand for Epilepsy Drugs. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the Global Epilepsy Drugs Market in the forecast period," said Mr. Karan Chechi, Research Director, TechSci Research, a research-based Global management consulting firm.

"Epilepsy Drugs Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Drugs (First Generation Anti-epileptics, Second Generation Anti-epileptics, Third Generation Anti-epileptics), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others), By region, and Competition 2020-2030F", has evaluated the future growth potential of Global Epilepsy Drugs Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Epilepsy Drugs Market.


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