Grand Mal Seizure Treatment Market is Estimated to be US$ 3.2 Billion with a CAGR of 4.5% by 2033

According to Fact.MR, a market research and competitive intelligence service, the global grand mal seizure therapy market is worth $2 billion in 2023 and is expected to grow to $3.2 billion by 2033.

The grand mal seizure therapy market is likely to be driven by the rising frequency of epilepsy and other neurological illnesses, as well as advances in medical technologies and seizure research.

Antiepileptic medications (AEDs) are the main treatment for grand mal seizures. There are a variety of medications available for seizure treatment.

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Grand mal seizures, also known as generalized tonic-clonic seizures, are marked by rapid and severe convulsions that impact the entire body and can result in unconsciousness.

According to the National Center for Biotechnology Information, around 12 million individuals in India suffer from epilepsy, making it the country with the highest prevalence.
This illness is frequently linked to epilepsy, a neurological disorder that affects some 50 million people worldwide, according to the World Health Organization.
Healthcare providers are increasingly looking for therapy solutions that can successfully manage seizures while minimizing the risk of adverse consequences. This has resulted in the creation of newer AEDs and other drugs that are more effective and well tolerated than older treatments. Wearable gadgets are also expected to have a significant impact on the condition's treatment.

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Key Takeaways from Market Study

Sales of grand mal seizure treatment options are predicted to grow at a CAGR of 4.5% between 2023 and 2033.
The global grand mal seizure therapy market is expected to reach $3.2 billion by the end of 2033.
North America dominates the global market due to the high prevalence of epilepsy and the presence of important market participants in the area.
The European market is growing fast due to the existence of well-established healthcare facilities and increased medical tourism in the region.
With the emergence of new wearable technology that can capture enhanced information on seizure attacks, the grand mal seizure therapy market is becoming more prominent, says a Fact.MR analyst.

Recent Market Developments

Top companies in the grand mal seizure treatment industry are investing heavily in R&D activities to create unique and cutting-edge grand mal seizure drugs. This increases their competitiveness and drives revenue growth.

The United States Food and Drug Administration approved Lupin's abbreviated new drug application (ANDA) for Vigabatrin in March 2022. It is an anti-epileptic medicine available as a 500 mg oral solution USP.
Marinus Pharmaceuticals' drug Ztalmy was approved by the United States Food and Drug Administration in March 2022 to treat seizures in persons with CDKL5 deficiency, a genetic cause of epilepsy.

Key Segments of Grand Mal Seizure Treatment Industry Research

By Drug Generation:
First
Second
Third
By Drug Class:
Barbiturates
Hydantoin
Phenyltriazine
Iminostilbenes
Benzodiazepines
Aliphatic Carboxylic Acids
By Diagnosis:
Magnetic Resonance Imaging
Electroencephalogram
Blood Tests
Computed Tomography
By End User:
Hospitals
Clinics
Academic and Research Centers

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global grand mal seizure treatment market, presenting historical demand data (2018 to 2022) and forecast statistics for the period (2023 to 2033).

The study divulges essential insights on the market based on drug generation (first, second, third), drug class (barbiturates, hydantoin, phenyltriazine, iminostilbenes, benzodiazepines, aliphatic carboxylic acids), diagnosis (magnetic resonance imaging, electroencephalogram, blood tests, computed tomography), and end user (hospitals, clinics, academic and research centers), across five major regions of the world.

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This release was published on openPR.