Antiepileptic Drugs Market Growth, Industry Outlook and Opportunities 2022 – 2029 | DataM Intelligence

DataM Intelligence
The Global Antiepileptic Drugs Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

Market Overview

Antiepileptic tablets are medicines that might be advanced for the idiopathic and asymptomatic treatment of seizures and epilepsy. In addition to epilepsy and seizures, antiepileptic capsules also can be taken for the remedy of neuropathic pain.

 

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Market Dynamics

The global antiepileptic tablets market boom is pushed through the expanding base of the geriatric populace, dietary habits are some of the enormous elements which might be triggering the growth of the worldwide antiepileptic pills market.

A large number of pipeline drugs is driving the growth of the market

The market is driven by means of improvements in pills amendment. Over the past several durations, the range of available antiepileptic drugs has extra than doubled, many of the current to be had antiepileptic drugs have primary pharmacokinetics and greater small results on liver metabolism that converts into a decreased rate of facet effects.

A large range of pipeline tablets is driving the growth of the market. The predicted release of drugs presently inside the pipeline, including Ganaxolone via Marinus Pharmaceuticals, Inc., Perampanel with the aid of Eisai Co., Ltd., USL261 by means of Upsher Smith Laboratories, Inc., and YKP3089 by means of SK Life Sciences, Inc. Is an excessive effect rendering motive force of the epilepsy capsules marketplace.

VX765 via Vertex Pharmaceuticals, Inc. And YKP3089 by SK Life Sciences, Inc. Are some of the Phase IIb pills. Phase III medical trials encompass NRL-1 intranasal Diazepam, Carbamazepine IV, Diazepam Auto-injector (Vanquix), and Topiramate Extended-Release (USL-255).

Rising awareness levels about epilepsy coupled with strategic alliances are anticipated to stimulate market growth.

The increasing number of human beings being tormented by one-of-a-kind forms of cancer is some other thing using the boom of the antiepileptic drug market. Chemotherapy is one of the usual treatments used to cope with most cancers and is also accompanied by using facet results of nausea and vomiting. Chemotherapy money is owed for the largest percentage of all the applications of the worldwide antiepileptic capsules marketplace. These elements are riding the growth of the market inside the forecast length.

Rising generic competition is likely to hinder the market growth

However, the market is threatened by generic competition, which has risen dramatically in the face of patent expirations among various major branded antiepileptic drugs. This factor will hamper the market growth in the forecast period.

 

Market Segmentation

By Drugs

l First Generation Anti-epileptics

l Second Generation Anti-epileptics

l Third Generation Anti-epileptics

 

By Route of Administration

l Oral

l Intravenous

 

By Distribution Channel

l Hospital Pharmacy

l Pharmacy Stores

l Other

 

By Region

l North America

l Europe

l South America

l Asia Pacific

l Middle East and Africa

 

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Competitive Landscape

The antiepileptic drugs market is moderately competitive with the presence of local as well as global companies.  Some of the key players which are contributing to the growth of the market include  GW Pharmaceuticals, plc, Abbott Laboratories, GlaxoSmithKline PLC, Johnson & Johnson, Novartis, Pfizer, Inc., Sanofi SA, Sunovion Pharmaceuticals Inc., Takeda Pharmaceutical Company Limited, UCB S.A. among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the antiepileptic drugs market globally. 

 

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