Childhood Absence Epilepsy Treatment Market Growing Steadily with Top Key Players like Cavion, Inc., Pfizer, Inc., GlaxoSmithKline Plc, Insys Therapeutics, Inc., AbbVie, Inc., and Teva Pharmaceutical Industries Ltd

Epilepsy is a highly prevalent disorder, especially in emerging economies. The incidence and prevalence of epilepsy in children appears to be lower in developed economies and highest in rural areas of underdeveloped economies. For instance, according to the World Health Organization (WHO), February 2018, around 80% of the people suffering from epilepsy live in low– and middle- income countries. According to the American Academy of Pediatrics in April 2017, epilepsy affects 0.5% to 1% of children, globally and is the most frequent chronic neurologic condition observed in childhood. Only around one-third of children with epilepsy can be assigned to a specific epilepsy type, as defined by the recently proposed system for classification of epilepsy syndrome (ILAE Classification of epilepsies). According to the Society of Neuroscience in 2015, epilepsy affects an estimated 10.5 million children worldwide, and the types and severity of the disorder vary significantly. According to the National Center for Biotechnology Information (NCBI), 2013, around 10% of seizures in children with epilepsy are typical absence seizures.

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Childhood absence epilepsy starts between the ages of 4 to 7 years, rarely the seizures may start under 4 years of age and late as 8 years of age. Manufacturers are engaged in research and development of new drugs for the treatment of childhood absence epilepsy. Furthermore, pipeline of therapeutics for other forms of pediatric epilepsy is strong and epilepsy medications are majorly effective for the treatment of more than one type of seizure. Presence of strong pipeline for overall pediatric epilepsy may result in growth in global childhood absence epilepsy treatment market size. Some of the market players involved in the research and development of drugs for childhood absence epilepsy include INSYS Therapeutics Inc. and Cavion, Inc. The market entry strategy for pipeline drugs is based on initially seeking approval for multiple indications including childhood absence epilepsy. Insys Therapeutics has Cannabidiol oral solution for the treatment of childhood absence epilepsy and various other indications in phase 2 of clinical trials (estimated study completion date is November 2019). Cavion, Inc. has CX-8998 for the treatment of childhood absence epilepsy in phase 2 clinical trials (estimated study completion date is November 25, 2018).

However, side effects associated with these medications are expected to restrain global childhood absence epilepsy treatment market growth to a certain extent. The anti-epileptic drugs show mild neurological adverse effects and at times, it can be fatal. The adverse reactions and risks vary with each medication. Majority of the anti-epileptic drugs have the potential to cause an allergic reaction.

Some of the major players operating in the global childhood absence epilepsy treatment market include Cavion, Inc., Pfizer, Inc., GlaxoSmithKline Plc, Insys Therapeutics, Inc., AbbVie, Inc., and Teva Pharmaceutical Industries Ltd.

Key players in the market are focused on the development of new drugs for the treatment of childhood absence epilepsy. Factors such as increasing prevalence of the disease, increasing accessibility of medications, and presence of drugs in pipeline for childhood absence epilepsy treatment (Insys therapeutics and Cavion, Inc.) are expected to boost the global childhood absence epilepsy treatment market growth. Product launches by generic manufacturers in the U.S. as well as globally is expected to support growth of the market. For instance, Dr. Reddy’s Laboratories launched generic lamotrigine orally disintegrating tablets in the U.S. in 2016. Moreover, a number of manufacturers such as Insys Therapeutics (Cannabidiol) and Cavion, Inc. (CX-8998) have drugs in phase II stage in clinical trials and these therapies are expected to be launched over the forecast period.

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Detailed Segmentation:

Global Childhood Absence Epilepsy Treatment Market, By Drug:
Ethosuximide
Valproate
Lamotrigine
Phase 2 Drugs
Cannabidiol Oral Solution
CX-8998
Global Childhood Absence Epilepsy Treatment Market, By Disease Type:
Typical Absence Seizures
Atypical Absence Seizures
Global Childhood Absence Epilepsy Treatment Market, By Region:
North America
By Drug
Ethosuximide
Valproate
Lamotrigine
Phase 2 Drugs
Cannabidiol Oral Solution
CX-8998
By Disease Type:
Typical Absence Seizures
Atypical Absence Seizures

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