Anticonvulsants Market [+CAGR of 2.4%] | Company Profile, Opportunity and Challenge by 2031
Pune, Maharashtra, India, September 19 2022 (Wiredrelease) Prudour Pvt. Ltd –:The global anticonvulsants market size was USD 18.19 Billion in 2021 and is expected to register a revenue CAGR of 2.4% during the forecast period,
An array of pharmacology agents are used to treat epileptic seizures. Anticonvulsants are also known as antiepileptic drugs and antiseizure medications. Epilepsy can be described as a chronic disorder that causes repeated, unprovoked seizures. Convulsions are a common term for epileptic seizures. The main purpose of anticonvulsants is to treat epileptic seizures.
Anticonvulsants are a diverse class of pharmacological agents that are used to treat epileptic seizures. They are increasingly being used to treat bipolar disorder and borderline personality disorders. They are used to treat neuropathic pain and mood stabilization. Anticonvulsants reduce seizures’ rapid and excessive neuronal firing. Anticonvulsants can also stop the spread of seizures within the brain.
Epilepsy Society of U.K. data 2019 shows that over 20 medications are available to treat epilepsy, including barbiturates and carboxamides. Carboxamides, carbamates and GABA analogs. There are also around 25 generics on the market.
Anticonvulsants Market: Drivers & Restraints
The global anticonvulsants industry is experiencing significant growth due to increased awareness and the expiration of patents on many of the blockbuster drugs. The FDA has approved 24 antiepileptic drugs (AEDs), for epilepsy treatment in the US. Three trends that involve the consumption of AEDs are clinically important and should be considered by anyone who treats epilepsy patients.
These issues include a generic substitution of AEDs and pharmacogenomics that predict serious adverse events in specific ethnic groups. There is also the issue of suicide risk for all AED classes. The market is still reliant on the availability of generic and brand anticonvulsants in convenient dosage forms.
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Anticonvulsants Market – Competitive Landscape
Johnson & Johnson (J&J)
Novartis AG
UCB Group
GlaxoSmithKline plc.
Pfizer Inc.
Abbott Laboratories
Cephalon Inc.
Shire plc.
Competitive Benchmarking
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Anticonvulsants Market Segmentation
Based on the type, the Anticonvulsants market is segmented into
Epilepsy
Fibromyalgia
Migraine
Neuropathic pain
Bipolar disorder
Anxiety
Borderline personality disorder
Based on the application, the Anticonvulsants market is segmented into
Hospital
Clinic
Home Care
Market Breakup by Region:
– North America (United States, Canada)
– Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
– Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
– Latin America (Brazil, Mexico, Others)
– The Middle East and Africa
Market Report Coverage and Deliverables will help you to understand:
1. Company revenue shares | revenue (US$ Mn)
2. Upcoming Regional opportunities
3. Latest trends & Market dynamics
4. Competitive benchmarking
5. Key Financial Charts
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Key Questions Answered in This Report:
Q1. What is the market size of Anticonvulsants?
Q2. What are the elements of retail Anticonvulsants?
Q3. What are the key decision drivers for service buyers?
Q4. How can we accelerate our bidding process?
Q5. What is the potential of the Anticonvulsants Market?
Q6. Who are the prominent players in Anticonvulsants Market?
Q7. What are the different types of Anticonvulsants market?
Q8. What are the top strategies that companies adopt in Anticonvulsants Market?
Q9. What is the future of Anticonvulsants?
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