Press release
Seizing Hope: 2024 Insights on Grand Mal Seizure Treatment Market
Grand Mal Seizure Treatment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $2.48 billion In 2028 At A CAGR Of 5.2%.
The grand mal seizure treatment market size has grown strongly in recent years. It will grow from $1.91 billion in 2023 to $2.02 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to neurological understanding, medical advancement, medication development, development of seizure classification, legal and social advocacy.
The grand mal seizure treatment market size is expected to see strong growth in the next few years. It will grow to $2.48 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to genetic research and precision medicine, telemedicine for remote care, regulatory changes in accessibility, enhanced brain imaging techniques, holistic approach in treatment. Major trends in the forecast period include global advocacy for epilepsy awarenes, patient-centered care models, expanded research in seizure genetics, community support networks, non-pharmacological treatment approaches.
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Grand Mal Seizure Treatment Market Major Segments
The grand mal seizure treatment market covered in this report is segmented -
1) By Type: Barbiturates, Hydantoin, Phenyltriazine, Iminostilbenes, Benzodiazepines, Aliphatic Carboxylic Acids, Other Types
2) By Diagnosis: Magnetic Resonance Imaging (MRI), Electroencephalogram (EEG), Blood Tests, Computed Tomography (CT), Other Diagnosis
3) By Treatment: Antiepileptic Drugs, Surgery, Vagus Nerve Stimulation, Other Treatments
4) By End Users: Academic And Research Centers, Neurological Centers, Hospitals, Other End Users
Key Driver - Rising Prevalence Of Epilepsy To Drive Market Growth
The high prevalence of epilepsy is expected to propel the growth of the grand mal seizure treatment market going forward. Epilepsy is a neurological disorder in which the patient suffers from recurring seizures. Grand mal seizures are often caused by epilepsy and produce violent seizures. Increasing prevalence increases the need for better treatment, which can be achieved using grand mal seizure treatment. For instance, in February 2023, according to the World Health Organization, a Switzerland-based public health agency of the United Nations, approximately 50 million people in the world were suffering from epilepsy, making it one of the most prevalent neurological conditions worldwide. Every year, about 5 million people are diagnosed with epilepsy. Therefore, the high prevalence of epilepsy is driving the growth of the grand mal seizure treatment market.
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Prominent Trend - Product Innovations Transforming The Grand Mal Seizure Treatment Market
Major companies operating in the grand mal seizure treatment market are developing new products such as anti-epilepsy medications to gain a competitive edge in the market. Anti-epilepsy medications, also known as antiepileptic drugs (AEDs) or anticonvulsants, are a class of pharmaceuticals designed to manage and treat epileptic seizures and related disorders. For instance, in January 2023, Zydus Lifesciences Limited, an India-based pharmaceutical company, launched the Topiramate extended-release capsules in the U.S. market. The generic anti-epilepsy medication is available in strengths of USP 25 mg, 50 mg, and 100 mg, making Zydus the first company to receive final approval and introduce the product in these strengths. The capsules are indicated for epilepsy treatment, specifically as initial monotherapy for patients aged six and older with partial-onset or primary generalized tonic-clonic seizures, as well as for migraine prophylaxis in patients aged 12 and older.
Grand Mal Seizure Treatment Market Players
Major companies operating in the grand mal seizure treatment market report are Pfizer Inc., Johnson & Johnson Inc., Novartis AG, Sanofi S.A., GlaxoSmithKline PLC, Takeda Pharmaceuticals Inc., Mylan N.V., UCB Celltech Ltd., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Aurobindo Pharma Limited, Lupin Pharmaceuticals Inc., Dr. Reddy's Laboratories Ltd., Cipla Inc., Apotex Inc., Hikma Pharmaceuticals PLC, Alkem Laboratories Ltd., Jubilant Life Sciences Limited, Torrent Pharmaceuticals Ltd., Zydus Cadila, Strides Pharma Science Limited, Glenmark Pharmaceuticals Ltd., Wockhardt Ltd., Macleods Pharmaceuticals Ltd., Intas Pharmaceuticals Ltd., Alembic Pharmaceuticals Limited, Indoco Remedies Limited, Spectrum Chemical Mfg. Corp.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the grand mal seizure treatment market in 2023. The regions covered in the grand mal seizure treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Grand Mal Seizure Treatment Market Report Structure
3. Grand Mal Seizure Treatment Market Trends And Strategies
4. Grand Mal Seizure Treatment Market - Macro Economic Scenario
5. Grand Mal Seizure Treatment Market Size And Growth
…..
27. Grand Mal Seizure Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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