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Emerging Trends to Drive Grand Mal Seizure Treatment Market Growth at 5.5% CAGR Through 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Grand Mal Seizure Treatment Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, a steady expansion has been seen in the market size for grand mal seizure treatment. The growth is expected to rise from $2 billion in 2024 up to $2.08 billion by 2025, with a 4.3% compound annual growth rate (CAGR). The spurt of growth seen in the historical period is a result of enhanced neurological comprehension, advancements in medical techniques, progress in medication creation, the evolution of seizure categorization, and both legal and social advocacies.
How Will the Grand Mal Seizure Treatment Market Size Evolve and Grow by 2029?
Expectations are set for the grand mal seizure treatment market to experience robust expansion in the coming years. The predicted growth rate is about 5.5% per annum, with the market projected to reach a worth of $2.58 billion by 2029. Factors fueling this anticipated expansion during the projection period include advancements in genetic research and precision medicine, the utilization of telemedicine for decentralised healthcare, changes in regulatory policies improving accessibility, improved brain imaging methodologies and an all-encompassing treatment approach. Furthermore, prominent trends for this timeframe comprise worldwide promotion of epilepsy comprehension, patient-focused healthcare models, broadened investigation into seizure genetics, the emergence of community aid systems, and the utilization of non-drug treatment methods.
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What Drivers Are Propelling the Growth of Grand Mal Seizure Treatment Market Forward?
The considerable incidence of epilepsy is anticipated to spur the advancement of the grand mal seizure treatment market in the future. Epilepsy, a neurological condition characterized by repeated seizures, often results in grand mal seizures known for their violent nature. As prevalence increases, there is a concurrent demand for more effective treatment offered by grand mal seizure interventions. To illustrate, in February 2023, the World Health Organization, a Switzerland-based UN public health establishment, estimated around 50 million global individuals were afflicted with epilepsy, making it one of the most common neurological disorders globally. Each year sees an additional 5 million people diagnosed with epilepsy. Thus, the significant incidence of epilepsy is fueling the grand mal seizure treatment market's expansion.
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Which Fast-Growing Trends Are Poised to Disrupt the Grand Mal Seizure Treatment Market?
To gain a competitive advantage in the grand mal seizure treatment market, major firms are focusing on the development of new products like anti-epilepsy drugs. Also referred to as antiepileptic drugs (AEDs) or anticonvulsants, these are a specific category of drugs created to manage and treat epileptic seizures and associated conditions. For example, Zydus Lifesciences Limited, a pharmaceutical company from India, introduced Topiramate extended-release capsules in the U.S. market in January 2023. This generic anti-epilepsy medication, the first to obtain final approval and introduction in dosages of USP 25 mg, 50 mg, and 100 mg by Zydus, is prescribed for epilepsy treatment, specifically as the first-line treatment for patients aged six and above suffering from partial-onset or primary generalized tonic-clonic seizures, and also for preventing migraines in patients aged 12 and above.
What Are the Key Segments in the Grand Mal Seizure Treatment Market?
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, ket*ogenic Diet, Other Treatments
4) By End Users: Academic And Research Centers, Neurological Centers, Hospitals, Other End Users
Subsegments:
1) By Barbiturates: Phenobarbital, Primidone
2) By Hydantoins: Phenytoin
3) By Phenyltriazines: Lamotrigine
4) By Iminostilbenes: Carbamazepine, Oxcabazepine
5) By Benzodiazepines: Clonazepam, Diazepam, Lorazepam
6) By Aliphatic Carboxylic Acids: Valproic Acid, Divalproex Sodium
7) By Other Types: Levetiracetam, Topiramate, Zonisamide
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Who Are the Key Players Shaping the Grand Mal Seizure Treatment Market's Competitive Landscape?
Major companies operating in the grand mal seizure treatment market include 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
What Geographic Markets Are Powering Growth in the Grand Mal Seizure Treatment Market?
North America was the largest region in the grand mal seizure treatment market in 2024. 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
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