Press release
Epilepsy Treatment Market to Reach USD 7.04 Billion by 2030, Growing at 7.3% CAGR
๐๐ฉ๐ข๐ฅ๐๐ฉ๐ฌ๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐กThe global epilepsy treatment market is experiencing substantial growth, with projections indicating a rise from USD 4.30 billion in 2023 to USD 7.04 billion by 2030, reflecting a compound annual growth rate (CAGR) of 7.3% during the forecast period (2024-2030).
๐๐ฉ๐ข๐ฅ๐๐ฉ๐ฌ๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Epilepsy, a chronic neurological disorder characterized by recurrent seizures, affects approximately 50 million individuals worldwide, according to the World Health Organization (WHO). In the United States alone, about 3.5 million people are living with epilepsy, as reported by the Centers for Disease Control and Prevention (CDC). The increasing prevalence of epilepsy, coupled with advancements in treatment options, is driving the market's expansion.
๐๐จ ๐๐๐ฅ๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/124423/
๐๐ฉ๐ข๐ฅ๐๐ฉ๐ฌ๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam is witnessing a growing demand for epilepsy treatments due to an increasing awareness of neurological disorders and improved healthcare infrastructure. The government's initiatives to enhance medical facilities and access to essential medications are expected to create significant opportunities for market players in the region.
๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Thailand's healthcare sector is experiencing a surge in the adoption of advanced epilepsy treatment methodologies. The integration of modern diagnostic tools and therapeutic approaches is contributing to better patient outcomes, positioning Thailand as a promising market for epilepsy treatment innovations.
๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ฑ๐๐๐๐
Japan's well-established healthcare system and focus on research and development have facilitated the introduction of novel epilepsy treatments. The country's aging population, which is more susceptible to neurological disorders, further underscores the need for effective epilepsy management solutions.
๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
South Korea is experiencing consolidation in its epilepsy treatment market, with key players engaging in mergers and acquisitions to strengthen their market presence. This trend is expected to enhance the availability and quality of epilepsy treatments across the country.
๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
Singapore is at the forefront of adopting cutting-edge epilepsy treatments, supported by its robust healthcare infrastructure and emphasis on medical innovation. The nation's commitment to continuous improvement in healthcare services ensures the availability of the latest treatment options for epilepsy patients.
๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐
The United States remains a significant market for epilepsy treatments, driven by ongoing research and development activities and a high prevalence of the disorder. Recent mergers and acquisitions, such as ๐๐ฎ๐ง๐๐๐๐๐ค'๐ฌ acquisition of Longboard Pharmaceuticals for $2.6 billion, highlight the strategic efforts to expand treatment portfolios and address unmet medical needs.
๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐จ๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐
China is witnessing rapid advancements in epilepsy treatment, fueled by increased healthcare spending and a focus on improving neurological care. The government's supportive policies and growing investments in healthcare infrastructure are expected to drive market growth in the coming years.
๐ฌ๐๐๐๐๐๐๐ ๐ป๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฌ๐๐๐๐๐
Europe's epilepsy treatment market is characterized by significant developments, including the introduction of new antiepileptic drugs and surgical interventions. Collaborative efforts among European nations to enhance research and share best practices are contributing to improved patient care across the continent.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
In October 2024, ๐๐ฎ๐ง๐๐๐๐๐ค, a Danish pharmaceutical company, announced its acquisition of ๐๐จ๐ง๐ ๐๐จ๐๐ซ๐ ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ๐ฌ for $2.6 billion. This strategic move aims to bolster Lundbeck's portfolio with Longboard's promising epilepsy drug, bexicaserin, which is in late-stage development for treating seizures associated with developmental and epileptic encephalopathies.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐ญ๐๐ค๐ ๐ ๐ฌ๐ง๐๐๐ค ๐ฉ๐๐๐ค? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐๐ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐: https://www.maximizemarketresearch.com/request-sample/124423/
๐๐ฉ๐ข๐ฅ๐๐ฉ๐ฌ๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฎ ๐๐ง๐ค๐๐ช๐๐ฉ ๐๐ฎ๐ฅ๐
First Generation Anti-epileptic drug
Second Generation Anti-epileptic drug
Third Generation Anti-epileptic drug
The market for epilepsy treatments is divided into three segments based on the kind of product: first-generation anti-epileptic drugs, second-generation anti-epileptic drugs, and third-generation anti-epileptic drugs. In 2023, the second-generation anti-epileptic medication sector had the biggest market share, at 45%. because of the drug's unique mode of action, which contributes to its excellent efficacy, tolerability, and high prescription rate. With a compound annual growth rate (CAGR) of more than 4% during the projection period, third-generation anti-epileptic drugs are anticipated to expand at the quickest rate. The introduction of highly effective new medications with enhanced mechanisms of action is the primary driver of this segment's growth.
๐๐ฎ ๐พ๐ค๐ฃ๐๐๐ฉ๐๐ค๐ฃ
Epilepsy Drug resistant
Intractable Drug Epilepsy
Other
The market for epilepsy treatments is divided into three segments based on the condition: drug-resistant epilepsy, intractable drug epilepsy, and other. Over the course of the projection period, the epilepsy drug-resistant segment is anticipated to reach a value of USD 2.93 billion. The market for epilepsy is anticipated to generate significant revenue due to the introduction of rational polytherapy, which treats the condition with few adverse effects.
๐๐ฎ ๐๐ฃ๐-๐๐จ๐๐ง
Hospital
Clinics
Other
The market for epilepsy treatment is divided into hospitals, clinics, diagnostic centres, and other categories based on the end user. In 2023, the hospital segment had the biggest market share. Even over the predicting period, this segment is anticipated to maintain its dominance. due to advancements in medication development technologies and the growth of the healthcare infrastructure. These elements are linked to the expansion of the market for epilepsy treatments.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ? ๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ค๐๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/124423/
๐๐ฉ๐ข๐ฅ๐๐ฉ๐ฌ๐ฒ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐:
1. LivaNova PLC
2. GlaxoSmithKline PLC
3. Eisai Co. Ltd.
4. Pfizer Inc.
5. Medtronic PLC
6. UCB SA
7. NeuroPace Inc.
8. GW Pharmaceuticals PLC
9. Novartis AG
10.Johnson & Johnson Services Inc.
11.Abbott Laboratories
12.DiaGenic ASA
13.Quanterix
14.Merck KGaA
15.Neurelis
16.Teva Pharmaceutical Industries Ltd.
17.Sumitomo Dainippon Pharma Co. Ltd
18.Bausch Health
19.Sanofi
20.Takeda Pharmaceutical Company Limited
21.Marinus Pharmaceuticals Inc.
22.Upsher-Smith Laboratories LLC
23.SK BIOPHARMACEUTICALS
24.Vertex Pharmaceuticals Incorporated
25.ESTEVE
26.Zogenix Inc.
27.Lundbeck
28.Supernus Pharmaceuticals Inc
29.DAIICHI SANKYO COMPANY LIMITED
๐๐จ๐จ๐ค ๐๐ญ ๐๐จ๐๐๐ฒ'๐ฌ ๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ฌ:
Global Healthcare Biosensors IoT Market https://www.maximizemarketresearch.com/market-report/global-healthcare-biosensors-iot-market/10631/
Global Giant Cell Arteritis Therapeutics Market https://www.maximizemarketresearch.com/market-report/global-giant-cell-arteritis-therapeutics-market/86445/
Global Fecal Microbiota Transplantation (FMT) Market https://www.maximizemarketresearch.com/market-report/global-fecal-microbiota-transplantation-fmt-market/91371/
Global Ultrasonic Dental Scalers Market https://www.maximizemarketresearch.com/market-report/global-ultrasonic-dental-scalers-market/82873/
Global Tremor Proof Devices Market https://www.maximizemarketresearch.com/market-report/global-tremor-proof-devices-market/84520/
Latin America Ventilator Market https://www.maximizemarketresearch.com/market-report/ventilator-market-latin-america/1970/
Global Band Ligators Market https://www.maximizemarketresearch.com/market-report/global-band-ligators-market/87188/
BRICS Diabetes Drugs Market https://www.maximizemarketresearch.com/market-report/brics-diabetes-drugs-market/356/
Dementia Care Products Market https://www.maximizemarketresearch.com/market-report/global-dementia-care-products-market/24987/
Global Pressure Relief Devices Market https://www.maximizemarketresearch.com/market-report/global-pressure-relief-devices-market/28903/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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