Antiepileptic Drugs Market Growth Overview, Size, Future Trends, Share, Opportunities and Forecast to 2028

The global antiepileptic drugs (AED) market size was USD 16.56 billion in 2018 and is projected to reach USD 20.33 billion by 2026, exhibiting a CAGR of 2.4% during the forecast period.

The Antiepileptic Drugs Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the The Antiepileptic Drugs Market by region.

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Despite the availability of AEDs in the market, one-third of the population faces intolerability for drugs. Countless efforts are in line by the manufacturers to diminish this problem. R&D has now been focused on the development of target-specific drugs concerning the neurobiology of the disease condition. Growing prevalence of epilepsy demanding for therapeutically effective medications is creating a pressure among the market players to introduce AEDs. The key decision of USFDA is providing confidence among the players for improving R&D and is also benefiting the patient population. Recently, in January 2020, the USFDA approved Valtoco, a nasal spray for the treatment of epilepsy in patients aged 6 years and older. Also, In June 2018, the USFDA approved Epidiolex for the treatment of rare forms of epilepsy in patients. This is the first drug comprising of active ingredient derived from marijuana. Such decisions taken by the approval committee is helping the manufacturers in providing potential therapies for the epileptic patients.

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Pre-Post COVID-19 Impact on Global Antiepileptic Drugs Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Antiepileptic Drugs Market, since end-user industries were still not operating at their full capacity.

Who are the Major Antiepileptic Drugs Market Vendors?

• UCB S.A.
• Pfizer Inc.
• GlaxoSmithKline plc.
• H. Lundbeck A/S
• Eisai Co., Ltd.
• Sanofi
• Sunovion Pharmaceuticals Inc.
• GW Pharmaceuticals plc.
• Other Prominent Players

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Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the Antiepileptic Drugs Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

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