Antiepileptic Drug Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

Epilepsy is a neurological disorder in which brain activity becomes abnormal, causing seizures or periods of unusual behavior, sensations, and sometimes loss of awareness.     Anti-epileptic drugs (AEDs) work by changing the levels of chemicals in your brain. They do not cure epilepsy but can stop seizures from happening. Thus, a growing development of the new drugs coupled with the increasing efforts in the research and development of more specific and effective drugs is driving the global antiepileptic drug market. Furthermore, as per the World Health Organization (WHO), around 50 million people worldwide have epilepsy, making it one of the most common neurological diseases globally. Additionally, increasing incidences of other neurological disorder and prenatal injuries are the factors that contribute to the surging epileptic cases and induces the demand for better antiepileptic treatments.

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According to UnivDatos Market Insights (UMI)’ research report “Global Antiepileptic Drug Market Analysis, 2021”, the market is projected to grow at a CAGR of ~2% during 2021-27F.

Based on the drug class, the market is segmented into the first generation, second generation, and third generation. Second-generation drugs held a significant share in the antiepileptic drug market in 2020. This is due to their effectiveness in dealing with the slowing brain impulse and controlling the seizures. Furthermore, the growing approval and launch of new and improved drugs are further driving the market. 

Based on the distribution channel, the market is segmented into retail pharmacies, hospital pharmacies, and online pharmacies. The online pharmacy segment is expected to witness significant CAGR owing to the growing penetration of e-pharmacy platforms across the world coupled with increasing awareness regarding services offered by e-pharmacy. Furthermore, the growing focus on digitization and rising internet penetration in developing are some other key factors driving the market.

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North America to Grab Lion’s Share, and witnessed Explicit Growth

For a better understanding of the market adoption of the antiepileptic drug market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the antiepileptic drug industry owing to the increasing prevalence of epilepsy. It's estimated that about 1.2 percent of U.S. people have active epilepsy. Furthermore, the presence of well-established market players and a developed healthcare ecosystem is expected to contribute significantly region’s steady growth during the forecast period. North America is expected to skyrocket with a steady CAGR during the forecast period as stated in UnivDatos Market Insights (UMI)’ research report “Global Antiepileptic Drug Market Analysis, 2021”. 

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Antiepileptic Drug Market include Novartis  AG, GlaxoSmithKline Plc, Johnson & Johnson Service, Inc., Teva Pharmaceutical Industries Ltd., Pfizer Inc., Zogenix, Dr. Reddy's Laboratories Ltd., Alkem Labs, SK Biopharmaceuticals, and Eisai Co., among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.  

“Global Antiepileptic Drug Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Antiepileptic Drug providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.

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Market Segmentation:

1.      By Drug Class (First Generation, Second Generation, and Third Generation)

2.      By Distribution Channel (Retail Pharmacies, Hospital Pharmacies, and Online Pharmacies)

3.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.      By Company (Novartis  AG, GlaxoSmithKline Plc, Johnson & Johnson Service, Inc., Teva Pharmaceutical Industries Ltd., Pfizer Inc., Zogenix, Dr. Reddy's Laboratories Ltd., Alkem Labs, SK Biopharmaceuticals, and Eisai Co.)

Key questions answered in the study:

1.      What are the current and future trends of the Antiepileptic Drug industry?

2.      How the industry has been evolving in terms of drug class and distribution channel?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the Antiepileptic Drug industry?

5.      What are the customer orientation, purchase behavior, and expectations from the Antiepileptic Drug firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL ANTIEPILEPTIC DRUG MARKET COVID-19 IMPACT

6 GLOBAL ANTIEPILEPTIC DRUG MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY DRUG CLASS

8 MARKET INSIGHTS BY DISTRIBUTION CHANNEL

9 MARKET INSIGHTS BY REGION

10 ANTIEPILEPTIC DRUG MARKET DYNAMICS

11 ANTIEPILEPTIC DRUG MARKET OPPORTUNITIES

12 ANTIEPILEPTIC DRUG MARKET TRENDS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY-SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER

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