Epilepsy Market to grow 7.20% CAGR during the Forecast Period 2023 to 2032

Overview

The global epilepsy market, during the forecast period 2023 to 2032, will register growth at a CAGR of 7.20%. The market for epilepsy is set to reach US$ 1.10 Billion by 2032. As per epilepsy market analysts, the global market is anticipated to witness growth owing to the factors such as increasing incidence of PTE as well as the high sensitivity risk of elderly epilepsy. However, the epilepsy market will face challenges and restraints due to the rise in medication costs and time-consuming prescription approval process during the forecast period 2023 to 2032.

The development of experimental medicines in the epilepsy market is set to play a key role in determining the growth potential during 2022 to 2030 years. Analysts have also studied the epilepsy market to understand potential threats and challenges the epilepsy market companies could face. Although the epilepsy market is poised to grow at a fast pace across diagnosis & care, disorder, and end-use segments, factors such as lack of infrastructure could slow down the epilepsy market's growth worldwide.

Market Segmentation 

The epilepsy market has been segmented into diagnosis & care, disorder, and end-use. Based on the segment which is diagnosis & care, the market is categorized on the basis of diagnosis and treatment. The global market for epilepsy is further segmented based on disorder into epilepsy drug-resistant/intractable epilepsy and others. Furthermore, the market, on the basis of end-use is segmented into ambulatory surgical centers, clinics, diagnostic centers, hospitals, and others.

The global epilepsy market research report covers all the aspects of the epilepsy market based on the segmental analysis of these diagnosis & care, disorder, and end-use segments. Analysts have also studied the global epilepsy market's regional markets spread across many continents and countries. The diagnosis & care, disorder, and end-use segments along with their sub-segments have been analyzed and companies functioning in the epilepsy market across these segments are profiled and analyzed based on input and feedback from epilepsy market based decision makers as well as primary and secondary sources. The epilepsy market research report presents analysis based information for companies functioning in the epilepsy market.

Regional Overview

The rising medication costs may hinder the epilepsy market growth. The market research report suggests that companies in the epilepsy market could be supported by brain damage that can cause post-traumatic epilepsy (PTE) as well as the arrival of new drugs in developed regions during the forecast period. The epilepsy market is set to register growth at a high CAGR owing to these key factors. The epilepsy market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global epilepsy market research report reveals that APAC, North America, and Europe regional epilepsy markets will dominate the global market for epilepsy during the forecast period 2022 to 2030. As per epilepsy market analysts, the market is set to witness tremendous growth across diagnosis and treatment and hospital segments in North America which covers epilepsy markets across the United States, Canada, Mexico and several other regional markets. Companies active in the epilepsy market are also analyzed and studied in the epilepsy market research report.

The epilepsy market for Europe covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the epilepsy market research report covers the Asia-Pacific region covering epilepsy markets from India, China, Japan, Australia, and others. The epilepsy market is also spread across the rest of the world. The epilepsy market report covers all such regions including the Middle East, Africa, Brazil, and others.

Competitive Landscape

Epilepsy has seen increased demand over the years, due to post-traumatic seizures (PTS) and the prevalence of neurological disorders. Companies functioning in the global epilepsy market are also being challenged due to the low awareness about the challenges of epilepsy and slow approval process. Mergers and acquisitions by epilepsy market companies are anticipated to help the market during the forecast period 2022 to 2030. As the epilepsy market is set to register a high CAGR of 7.20% and is also anticipated to reach a US$590.2 million by 2030, the report highlights key areas companies need to focus on. The report suggests that the epilepsy market will see a healthy growth in the long run till 2030. Based on SWOT analysis and epilepsy market’s analysis based on Porters’ Five Force Model presented in the epilepsy market report. Mergers and acquisitions by epilepsy market companies are anticipated to help the market during the forecast period 2022 to 2030. 

Industry News
Jazz Pharmaceuticals plc will pay $7.2 billion to buy GW Pharmaceuticals plc, according to a recent deal. The deal could be completed in the second quarter of 2021. The new organisation will have a pro-forma portfolio of 19 clinical research projects in neuroscience and oncology, including sleep, epilepsy, movement disorders, psychology, haematology, and solid tumours, after the deal is completed. The merged portfolio would contain assets that are widely differentiated and meet major unmet patient needs.

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Epilepsy Market Research Report