Global Epilepsy Treatment Drugs Market Size, Share, and COVID-19 Impact Analysis, By Drug Class (First, Second, Third-generation), By Type (Branded, Generic), By Seizure Type (Focal, and Generalized), By Route of Administration (Oral, Nasal, Injectable), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Healthcare

RELEASE DATE Apr 2024
REPORT ID SI4172
PAGES 200
REPORT FORMAT PathSoft

Global Epilepsy Treatment Drugs Market Insights Forecasts to 2033

  • The Global Epilepsy Treatment Drugs Market Size was Valued at USD 7.9 Billion in 2023
  • The Market Size is Growing at a CAGR of 4.36% from 2023 to 2033
  • The Worldwide Epilepsy Treatment Drugs Market Size is Expected to Reach USD 12.1 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Epilepsy Treatment Drugs Market

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The Global Epilepsy Treatment Drugs Market Size is Anticipated to Exceed USD 12.1 Billion by 2033, Growing at a CAGR of 4.36% from 2023 to 2033.

 

Market Overview

Epilepsy is a chronic non-communicable disease of the brain that affects people of all ages. It is one of the most common neurological diseases globally, affecting around 50 million people worldwide. It is estimated that up to 70% of epileptic people could live seizure-free normal life if properly diagnosed and treated. The treatment of epilepsy includes drugs, surgery, neuromodulation, and ketogenic diet. There is a significant need for the discovery of better therapies for overcoming drug-resistant epilepsy. Future efforts to discover novel AEDs are likely to focus on mechanism-driven discovery of novel compounds. Several recent successes (pregabalin, and brivaracetam) have shown that knowledge of the mechanism of action gives the developer a significant advantage in improving efficacy through increased target potency and selectivity, with lowered potential side effects. Carbamazepine and lamotrigine are among the most effective antiepileptic drugs employed in the treatment of seizures associated with KCNQ2 mutations. The discovery of genetic causes of epilepsy, leverages clinicians and researchers for genetic and molecular insights to produce precision therapies for treating epilepsy. The advancements in antiepileptic drug discovery, including generic versions of antiepileptic drugs, have expanded the treatment regime of epilepsy which ultimately drives the market growth of epilepsy treatment drugs.

 

Report Coverage

This research report categorizes the market for the global epilepsy treatment drugs market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global epilepsy treatment drugs market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global epilepsy treatment drugs market.

 

Global Epilepsy Treatment Drugs Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 7.9 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :4.36%
2033 Value Projection:USD 12.1 Billion
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Drug Class, By Type, By Seizure Type, By Region
Companies covered:: Novartis AG, Abbott Laboratories, GlaxoSmithKline Plc., UCB Pharma S.A., Viatris Inc., Johnson & Johnson, Dr. Reddy’s Laboratories, Sanofi, Pfizer, Sun Pharmaceutical Industries, Ltd., Bausch Health Companies, Inc., Sumitomo Pharma Co. Ltd., SK Biopharmaceuticals, Novel Laboratories Inc., Neurelis, Inc., and Others Key Vendors.
Pitfalls & Challenges:COVID-19 Empact,Challenges, Future, Growth, & Analysis

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Driving Factors

The significant cases of epilepsy surge the demand provides an opportunistic factor for the growing epilepsy treatment drugs market. According to WHO, epilepsy is one of the neurological conditions worldwide affecting approximately 50 million individuals in February 2023. Further, rising awareness of epilepsy and its symptoms and its early diagnosis led to an increased rate of diagnosis that ultimately led to enhanced demand for anti-epileptic drugs. In addition, the burden of epilepsy has increased owing to factors such as population growth, aging population, and improved diagnosis which support the market growth. The rising geriatric population is also responsible for promoting market growth.

 

Restraining Factors

The reimbursement policies for epilepsy drugs are responsible for limiting market growth. The affordability and utilization of epilepsy drugs, particularly for patients with limited financial resources are hampering the market. Further, the limited access to healthcare services hinders the epilepsy treatment drugs market. Additionally, associated adverse effects of epileptic drugs limit the use of epilepsy drugs ultimately restraining the market.

 

Market Segmentation

The global epilepsy treatment drugs market share is classified into drug class, type, seizure type, and route of administration.

  • The second segment is expected to hold the largest share of the global epilepsy treatment drugs market during the forecast period.   

Based on the drug class, the global epilepsy treatment drugs market is categorized into first, second, third generation. Among these, the second-generation segment is expected to hold the largest share of the global epilepsy treatment drugs market during the forecast period. The second-generation anti-epileptic drug has diminished interactions and a lower occurrence of adverse events. In February 2021, Dr. Reddy’s Lab launched the Vigabatrin tablet as a second-generation antiepileptic drug which significantly reduced the frequency of seizures.

 

  • The branded segment is expected to grow at the fastest CAGR during the forecast period.   

Based on the type, the global epilepsy treatment drugs market is categorized into branded, and generic. Among these, the branded segment is expected to grow at the fastest CAGR during the forecast period. Brand recognition perceived efficacy with a proven track record of safety and reliability in clinical trials. Physicians and patients opt for branded medicines due to assurance offered by reputable pharmaceutical companies. These factors are promoting market growth in the branded segment.

 

  • The generalized segment is expected to hold a significant share of the global epilepsy treatment drugs market during the forecast period.

Based on the seizure type, the global epilepsy treatment drugs market is categorized into focal, and generalized. Among these, the generalized segment is expected to hold a significant share of the global epilepsy treatment drugs market during the forecast period. The rising prevalence of generalized seizures with rising effective treatment regimes developed for generalized seizures propelling the market in the generalized segment. In January 2023, Zydus Lifesciences launched generic Topiramate extended-release capsules for patients six years of age and older who have partial onset or primary generalized seizures.

 

  • The oral segment is expected to hold a significant share of the global epilepsy treatment drugs market during the forecast period.

Based on the route of administration, the global epilepsy treatment drugs market is categorized into oral, nasal, and injectable. Among these, the oral segment is expected to hold a significant share of the global epilepsy treatment drugs market during the forecast period. The widespread adoption of oral anti-epileptic drugs for treating epilepsy due to ease of administration for the patient enables to growth of the epilepsy treatment drugs market in the oral segment.

 

Regional Segment Analysis of the Global Epilepsy Treatment Drugs Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global epilepsy treatment drugs market over the predicted timeframe.

North America

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North America is projected to hold the largest share of the global epilepsy treatment drugs market over the forecast period. The rising burden of epilepsy and its awareness campaign, with new product launch has played a significant factor contributing to the market growth of epilepsy treatment drugs. According to the CDC report, 3.4 million Americans are affected by epilepsy. Thus, the rising prevalence of epilepsy is expected to elevate the demand for epilepsy treatment. There is lucrative market growth in the region due to the presence of 260 epilepsy centers in North America region which signifies a robust infrastructure for comprehensive diagnosis, treatment, and support.

 

Asia Pacific is expected to grow at the fastest CAGR growth in the global epilepsy treatment drugs market during the forecast period. The presence of pharmaceutical companies, and growth in the purchasing power of populated countries, such as China and India contributed to the market growth of the epilepsy treatment drug market. Further, the rise in healthcare expenditure and increasing awareness about early diagnosis and treatment promote the epilepsy treatment drugs market in the region. There is the largest medicine supply and the largest pharmaceuticals industry in the region with abundant raw materials for manufacturing epilepsy drugs.  

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global epilepsy treatment drugs market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Novartis AG
  • Abbott Laboratories
  • GlaxoSmithKline Plc.
  • UCB Pharma S.A.
  • Viatris Inc.
  • Johnson & Johnson
  • Dr. Reddy’s Laboratories
  • Sanofi
  • Pfizer
  • Sun Pharmaceutical Industries, Ltd.
  • Bausch Health Companies, Inc.
  • Sumitomo Pharma Co. Ltd.
  • SK Biopharmaceuticals
  • Novel Laboratories Inc.
  • Neurelis, Inc.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In June 2023, Lupin gets US FDA approval for Diazepam rectal gel. Diazepam rectal gel is used in emergencies to stop cluster seizures in people who are taking other medications to treat epilepsy (seizures).

 

  • In January 2022, UCB bought rare disease drugmaker Zogenix for up to $ 1.9 billion, bolstering its epilepsy position. UCB hopes to leverage its existing expertise and global reach in epilepsy to accelerate the rollout of Zogenix’s blockbuster hopeful Fintepla in rare types of epilepsy.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global epilepsy treatment drugs market based on the below-mentioned segments: 

 

Global Epilepsy Treatment Drugs Market, By Drug Class

  • First-generation
  • Second-generation
  • Third-generation

 

Global Epilepsy Treatment Drugs Market, By Type

  • Branded
  • Generic

 

Global Epilepsy Treatment Drugs Market, By Seizure Type

  • Focal
  • Generalized

 

Global Epilepsy Treatment Drugs Market, By Route of Administration

  • Oral
  • Nasal
  • Injectable

 

Global Epilepsy Treatment Drugs Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.What is the CAGR of the global epilepsy treatment drugs market over the forecast period?
    The Global epilepsy treatment drugs market is projected to expand at a CAGR of 4.36% during the forecast period.
  • 2.What is the projected market size & growth rate of the global epilepsy treatment drugs market?
    The Global epilepsy treatment drugs market was valued at USD 7.9 Billion in 2023 and is projected to reach USD 12.1 Billion by 2033, growing at a CAGR of 4.36% from 2023 to 2033.
  • 3.Which region is expected to hold the highest share in the global epilepsy treatment drugs market?
    The North America region is expected to hold the highest share of the global epilepsy treatment drugs market.

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