(MENAFN- EIN Presswire) EINPresswire/ -- How Much Is The Anticonvulsants Market Worth?
The market size for anticonvulsants has consistently expanded over the recent few years. The market value is projected to rise from $18.85 billion in 2024 to $19.25 billion in 2025, with a compound annual growth rate (CAGR) of 2.1%. Factors such as the growing occurrence of epilepsy, advancements in diagnostic techniques, broadening indications, emphasis on personalized healthcare, as well as heightened awareness and education have contributed to the growth experienced in the historical period.

It is anticipated that the anticonvulsants market will experience consistent growth in the forthcoming years, escalating to ""$22.29 billion in 2029 with a 3.7% Compound Annual Growth Rate (CAGR). Factors contributing to this growth during the forecast period include a consistent surge in epilepsy instances, wider application in the field of neuropsychiatry, the creation of new anticonvulsant drugs, heightened focus on mental health, and worldwide health initiatives. The forecast period also highlights trends such as the use in pediatric treatments and formulations, a shift towards extended-release formulations, an increase in the acceptance of generic versions, merging with digital health solutions, and ongoing research into neuroprotective effects.

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What Are The Factors Driving The Anticonvulsants Market?
The escalation in epilepsy incidents is predicted to drive the expansion of the anticonvulsants market. Epilepsy, a prevalent condition that impacts the brain, often leads to seizures. It's a long-term, non-communicable neurological disorder that can affect individuals of all age groups. Medications referred to as anticonvulsants are commonly employed to mitigate seizures in individuals living with epilepsy. These drugs work by inhibiting the unusual electrical activity in the brain which triggers seizures, though they don't necessarily provide a cure for the disorder. For example, the World Health Organization, a Switzerland-based United Nations agency charged with global public health, reported in February 2023 that approximately 5 million people worldwide receive a diagnosis of epilepsy each year. Concurrently, high-income countries tally up an estimated 49 epilepsy diagnoses per 0.1 million persons annually, with the rate as high as 139 per 0.1 million in low and middle-income countries. As a result, the mounting incidence of epilepsy is fueling the growth of the anticonvulsants market.

Who Are The Major Players In The Anticonvulsants Market?
Major players in the Anticonvulsants include:
. Eisai Co Ltd.
. GlaxoSmithKline plc
. Pfizer Inc.
. Johnson & Johnson Services Inc.
. Novartis AG
. Jazz Pharmaceuticals Inc.
. UCB SA
. Teva Pharmaceutical Industries Ltd.
. Sunovion Pharmaceuticals Inc.
. Sanofi SA

What Are The Key Trends And Market Opportunities In The Anticonvulsants Sector?
Innovation in product development is a trending strategy being adopted in the anticonvulsants sector. Key corporations in this market are keen on forging novel solutions to consolidate their foothold and outshine their rivals. As an illustration, Lupin Limited, a top-tier pharmaceutical organization based in India, in December 2022, initiated an abbreviated new drug application, Rufinamide tablets USP, 200 mg and 400 mg, a medication for seizures. Rufinamide is used alongside other treatments for managing seizures in those individuals suffering from a severe variety of epilepsy known as Lennox-Gastaut syndrome. This syndrome emerges during childhood, triggering various types of seizures, behavioral disruptions and developmental lags in the person affected.

Which Segment Accounted For The Largest Anticonvulsants Market Share?
The anticonvulsants market covered in this report is segmented –
1) By Type: Pyrimidinediones, Benzodiazepines, Fructose Derivatives, Aromatic Allylic Alcohols, Valproylamides, Carboxamides, Bromides, Other Types
2) By Drug Generation: First Generation, Second Generation, Third Generation
3) By Dosage: Capsule, Tablet, Cream, Liquid, Rectal Gel, Other Dosages
4) By Application: Migraine, Epilepsy, Neuropathic Pain, Anxiety, Fibromyalgia, Bipolar Disorder, Borderline Personality Disorder
5) By End-User: Hospitals, Clinics, Other End-Users

Subsegments:
1) By Pyrimidinediones: Stiripentol
2) By Benzodiazepines: Clonazepam, Diazepam, Lorazepam
3) By Fructose Derivatives: S-licarbazepine, Other Fructose Derivatives
4) By Aromatic Allylic Alcohols: Felbamate, Other Aromatic Allylic Alcohols
5) By Valproylamides: Valproic Acid, Divalproex Sodium
6) By Carboxamides: Lamotrigine, Other Carboxamides
7) By Bromides: Potassium Bromide, Sodium Bromide
8) By Other Types: Topiramate, Zonisamide, Ethosuximide

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What Are The Regional Trends In The Anticonvulsants Market?
In 2024, North America dominated the anticonvulsants market. It is projected that the quickest escalating region in the worldwide anticonvulsants market during the forecast span will be Asia-Pacific. The report encompasses various regions, which include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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