Divalproex Sodium Market 2018: Market Size, Dosage Type, Demand, Dynamics Industry Growth and Future Assessment to 2024

Divalproex sodium is a drug, or a medicine used to treat certain types of epilepsy. This drug is an anticonvulsant which works in the brain tissue to stop seizures and a compound of sodium valproate and valproic acid. Moreover, it is also used for the treatment of manic phase of bipolar disorder (manic-depressive illness) and helps prevent migraine headaches.

Divalproex Sodium Market Outlook:

The global market is estimated and forecasted in terms of revenue (USD million) generated by the divalproex sodium market. The divalproex sodium market has a developing potential owing to increasing rate of bipolar disorders and rising concern of the people towards various diseases. Moreover, increasing prevalence of lifestyle diseases and increasing healthcare expenditure of the people in developed and developing countries is propelling the growth of the market. However, the prominent factor restraining the growth of the global divalproex sodium market are unstable healthcare reforms and risk associated with the consumption of divalproex sodium market.

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Divalproex Sodium Market Segmental Overview:

The global divalproex sodium market is segmented by dosage type, application, distribution channel and geography.

Divalproex Sodium Market by Dosage Type:

Based on dosage type, the market is categorised into, capsule, tablet and syrup. The tablets segment dominated the divalproex sodium market in 2017 and is expected to maintain its dominance over the projected period. The high growth in the tablet segment can be primarily attributed to increasing patient population and rising awareness about epilepsy and manic-depressive Illness disorders globally.

Divalproex Sodium Market by Application:

Likewise, by application, the divalproex sodium market is segmented into, epilepsy, manic depressive illness and migraine headaches. The epilepsy segment leads the market and is expected to register for highest CAGR during the forecast period as divalproex sodium is mostly used for the treatment of epilepsy and Increasing prevalence of epilepsy disorders around the globe.

Divalproex Sodium Market by Distribution Channel:

Based on distribution channel the global divalproex sodium market is segmented into hospital pharmacies, retail pharmacies and online Pharmacies. Among these, the hospital segment is accounted for largest share of the global divalproex sodium market in 2017. This large share is mainly attributed to factors such as increasing number of patients with epilepsy and manic-depressive illness disorders in the hospital.

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Divalproex Sodium Market by Geography:

By geography, the global divalproex sodium market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world. Rest of the world includes Middle East & Africa and Latin America. North America is expected to be the fastest-growing region during the prediction period, owing to the factors such well-established healthcare infrastructure in the region, increasing government initiatives and high expenditure on research & development.

Divalproex Sodium Market Key Players:

Some of the key participants in the divalproex sodium market are Zydus Pharmaceuticals, Inc, AbbVie Inc, Mylan N.V, Aurobindo Pharma, Dr. Reddy’s Laboratories Ltd, LUPIN, Orchid Chemicals & Pharamaceuticals Ltd, Sun Pharmaceutical Industries Ltd, Teva Pharmaceutical Industries Ltd, Abbott, etc. Furthermore, expansions, mergers and partnership are the strategies implemented by key market players to expand their R&D competencies and geographic presence in the global market.

Key Questions Answered in Report:
•What are the future scope of global divalproex sodium market up to 2024
•What are the challenges to market growth?
•Who are the key vendors in the global divalproex sodium market?
•What will the market size and the growth rate be in 2024?
•What are the key market trends impacting the growth of the global divalproex sodium market?

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