Press release
Lamotrigine Market Worldwide Industry Analysis, Future Demand and Forecast till 2029
According to the National Institute of Mental Health (NIMH), bipolar disorder affects approximately 5.7 million adults or about 2.6% of the population age 18 and older every year in the US. Additionally, the median age for bipolar disorder is 25 years, however, the illness can also start in early childhood or as late as 40-50 years of age. Further, as per the World Health Organization (WHO), epilepsy is one of the most common neurological diseases globally with around 50 million people diagnosed with it. Hence the rising prevalence of epilepsy and bipolar disorder is driving the demand for lamotrigine which in turn is boosting the market growth.
According to the National Institute of Mental Health (NIMH), bipolar disorder affects approximately 5.7 million adults or about 2.6% of the population age 18 and older every year in the US. Additionally, the median age for bipolar disorder is 25 years, however, the illness can also start in early childhood or as late as 40-50 years of age. Further, as per the World Health Organization (WHO), epilepsy is one of the most common neurological diseases globally with around 50 million people diagnosed with it. Hence the rising prevalence of epilepsy and bipolar disorder is driving the demand for lamotrigine which in turn is boosting the market growth.
Some major players in the market include GlaxoSmithKline plc, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in June 2019, GlaxoSmithKline plc announced the launch of its dispersible tablet formulation of Lamictal (lamotrigine dispersible tablet) drug for the treatment of epilepsy in the Chinese market.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape-GlaxoSmithKline plc, among others
A full Report of Lamotrigine Market is Available at: https://www.omrglobal.com/industry-reports/lamotrigine-market
Lamotrigine Market Report by Segment
By Type
Purity98%-99%
Purity 99%
By Application
Epilepsy
Bipolar Disorder
Global Lamotrigine Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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