Portland, OR, May 05, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global epilepsy drugs market generated $7 billion in 2022, and is estimated to reach $9.8 billion by 2032, witnessing a CAGR of 3.5% from 2023 to 2032. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
Request Sample Report- https://www.alliedmarketresearch.com/request-sample/1497
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2032 |
| Base Year | 2022 |
| Market Size in 2022 | $7 Billion |
| Market Size in 2032 | $9.8 Billion |
| CAGR | 3.5% |
| No. of Pages in Report | 290 |
| Segments Covered | Seizure Type, Drugs Generation, Distribution Channel, and Region |
| Drivers | The rise in the prevalence of epilepsy |
| The growing awareness about epilepsy and its treatment options among people and an increase in the number of healthcare professionals | |
| Th rise in the geriatric population which is more prone to develop epileptic conditions | |
| Opportunities | The rise in initiatives by non-government and government organizations to increase awareness about epilepsy among patients through different programs and campaigns |
| Restraints | Limited access to healthcare services, especially in rural or underserved areas can hinder the diagnosis and treatment of epilepsy, leading to reduced demand for epilepsy drugs |
Covid-19 Scenario:
- The outbreak of the COVID-19 pandemic severely impacted the growth of the epilepsy drugs market. This is because it caused disruption in workflows in the health care sector globally. Many industries were compelled to shut their doors temporarily, including several sub-domains of healthcare.
- The global epilepsy drugs industry faced a decline in 2020 due to pandemic-induced global economic recession.
- Moreover, the pandemic caused interruptions in the supply chain across various end-user industries, such as pharmaceutical and medical devices companies. In addition, a decrease in sales of epilepsy drugs during the pandemic hampered the market growth.
Procure Complete Report (290 Pages PDF with Insights, Charts, Tables, and Figures)
https://www.alliedmarketresearch.com/checkout-final/epilepsy-drugs-market
The report offers a detailed segmentation of the global epilepsy drugs market based on seizure type, drugs generation, distribution channel, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on seizure type, the focal seizures segment captured the largest market share of nearly three-fifths of the global epilepsy drugs market in 2022 and is expected to lead the trail during the forecast period. The generalized seizures segment, however, is estimated to witness the fastest CAGR of 3.8% during the forecast period. The report also discusses the non-epileptic seizures segment.
In terms of drugs generation, the second-generation drugs segment captured the largest market share of nearly three-fifths of the global epilepsy drugs market in 2022 and is expected to lead the market in terms of revenue during the forecast period. However, the third-generation drugs segment is likely to achieve the fastest CAGR of 5.4% through 2032. The report also studies the first-generation drugs segment.
For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/1497
Based on distribution channel, the drug stores and retail pharmacies segment held the largest share in 2022, accounting for more than half of the global epilepsy drugs market and would dominate the market in terms of revenue through 2032. The online providers segment, however, is estimated to witness the fastest CAGR of 6.2% during the forecast period. The report also analyzes the hospital pharmacies segment.
Based on region, the market in North America was the largest in 2022, accounting for nearly two-fifths of the global epilepsy drugs market and is likely to maintain its dominance during the forecast period. The market in the Asia-Pacific region is expected to manifest the highest CAGR of 4.3% from 2022 to 2032. The other regions analyzed in the study include Europe and LAMEA.
Leading players of the global epilepsy drugs market analyzed in the research include Abbott Laboratories, Bausch Health Companies, Inc., GlaxoSmithKline plc, H. Lundbeck A/S, Johnson & Johnson, Novartis AG, Sanofi, Sumitomo Pharma Co., Ltd., UCB S.A., and Viatris Inc.
The report analyzes these key players of the global epilepsy drugs market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.
Trending Reports in Healthcare Industry-
Internet of Things in Healthcare Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
Medical Tourism Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
3D Cell Culture Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
Neurovascular Devices Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
