The global anticonvulsants market size was USD 18.16 Billion in 2021 and is expected to register a revenue CAGR of 2.3% during the forecast period, according to latest analysis by Emergen Research. Rising high-value investments in the healthcare sector along with increasing Research & Development (R&D) initiative by various major pharmaceutical companies for improvement in anticonvulsant therapy tolerability and drugs are major factors driving market revenue growth. In addition, rising incidences of epilepsy and various neurological disorders along with growing need for pain management caused by migraines are contributing to growth of the anticonvulsants market.
There has been numerous research and development activities are underway to enhance Anticonvulsants products and new innovative technologies. The report deals with numerous research objectives, investments plans, business strategies, import-export scenario, and supply-demand scenario. To help in strategic planning, key stakeholders can use the tables and figures from this report to gather statistics. It provides insights into key production, revenue and consumption trends for players in order to increase sales and growth within the global Anticonvulsants Market.
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Anticonvulsants Market Report 2022 is one of a series of new reports from The Emergen Research Company that provides plant factory industry overview, Anticonvulsants market analysis and forecasts market size and growth for the global plant factory market, Anticonvulsants market segments and geographies, Anticonvulsants market players, Anticonvulsants market leading competitor revenues, profiles and market shares. The plant factory market research report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
Anticonvulsants Market: Analysis by focusing on Competitive landscape and Key Developments
GSK Group of Companies, Novartis AG, Pfizer Inc., UCB S.A, Johnson & Johnson Services, Inc., Abbott, Sunovion Pharmaceuticals Inc., Jazz Pharmaceuticals, Inc., Eisai Co., Ltd., and Sanofi.
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The research then uncovers market opportunities that are simple and gives the business valuable information that will help it thrive in the global Anticonvulsants market. The report contains detailed information on the factors that will increase the market’s growth over the next few years, from 2022-2030. The report discusses market segmentation, key players and types of applications, as well as rapid growth in key markets.
key findings from the report suggest
- The AMPA segment accounted for largest revenue share in 2021. AMPA is utilized in treatment of partial on-set seizures in patients suffering from epilepsy as drugs bind to AMPA receptor present in Central Nervous System (CNS) and block the receptor, which is one of the key factors driving revenue growth of this segment. Two major subtypes of AMPARs, calcium-permeable (CP-AMPARs) and calcium-impermeable (CI-AMPARs) offer different roles in the maintenance of balance in excitation-inhibition of brain.
- Better efficacy, fewer side effects, and greater tolerance of second-generation anticonvulsant medications are major factors driving revenue growth of this segment. Moreover, non-requirement of blood level monitoring is increasing demand for second-generation drugs. High demand for anticonvulsant drugs for monotherapy or supplementary therapy is contributing to growth of this segment as well.
- The hospital pharmacies segment accounted for a significant revenue share in 2021. Increasing number of hospital pharmacies for neurological disorder, in addition to presence of doctors and medical professionals in both developed as well as emerging countries, are a few key factors driving revenue growth of this segment. Increasing healthcare infrastructure with proper medical supplies and facilities along with high-value funding for development of innovative drugs are contributing to growth of this segment.
The report further divides the Anticonvulsants market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Anticonvulsants market.
Emergen Research has segmented the global anticonvulsants market based on drug type, drug generation, distribution channel, and region:
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Drug Type Outlook (Revenue, USD Billion; 2019-2030)
- α-Amino-3-Hydroxy-5-Methyl-4-isoxazolepropionic Acid (AMPA)
- N-Methyl-D-Aspartate Receptor (NMDAR)
- Carbamate Anticonvulsants
- Barbiturate
- Carbonic Anhydrase Inhibitor
- Triazine
- Others
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Drug Generation Outlook (Revenue, USD Billion; 2019-2030)
- First Generation
- Second Generation
- Third Generation
-
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Online Pharmacies
- Retail Pharmacies
- Hospital Pharmacies
The study segments the Anticonvulsants industry in light of major classification such as product type, potential markets, application, and end-user. This industry assessment for the forecast period, 2021 – 2028 incorporates projections pertaining to the investment feasibility, gross margin, profits, consumption volume, production capability and major market vendors. Likewise, statistics associated with the competitive landscape, shifting consumer behaviour and spending power is showcased and well-explained with the help of treasured resources such as charts, graphs and graphic images, which can be easily incorporated in the business or corporate presentations.
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Key point summary of the report:
- The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
- It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
- The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
- It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
- The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
- The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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