Epileptic Seizures Treatment Market Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Epileptic Seizures Treatment Market |
Epilepsy is a brain condition that affects people of all ages and is a chronic non-communicable disease. Epilepsy can strike at any age, however it most commonly strikes children or persons over the age of 60. Seizures have varying effects on people depending on which section of the brain is engaged. Uncontrollable jerking and shaking, known as a 'fit,' loss of awareness and staring blankly into space, stiffness, peculiar feelings in the stomach, unusual smell or taste, tingling sensation in the arms or legs, and collapse are all possible epilepsy symptoms. Anti-epileptic medication therapy, brain surgery, vagus nerve stimulation, deep brain stimulation, and the ketogenic diet are the most prevalent treatments for epileptic seizures.
The need for epilepsy therapy remained unchanged during the
COVID-19 pandemic, despite the fact that epilepsy and COVID-19 infection do not
appear to be linked. There is no concrete proof that a coronavirus infection
causes epilepsy, according to the International League Against Epilepsy.
Infected people who are prone to epilepsy may experience breakthrough episodes,
much as most illnesses can induce high fevers, breathing difficulties, and other
issues with regular functioning. Although medication supply disruptions have
had a little detrimental influence on the epileptic seizures treatment
industry.
According to Coherent
Market Insights, The Epileptic
Seizures Treatment Market is estimated to be valued at US$ 3.0
billion in 2020 and is expected to exhibit a CAGR of 5.4% during the forecast
period (2020-2027).
Over the projected period, rising clinical trials for novel
drugs to treat epileptic seizures are likely to propel the epileptic seizures
treatment market forward. For example, Xenon Pharmaceuticals Inc., in
conjunction with NCGS, Inc., began a clinical trial on the medication XEN1101
for the treatment of focal epilepsy in January 2019. The goal of the study is
to assess the clinical effectiveness, safety, and tolerability of XEN1101 when
used as an adjunctive therapy in adult patients with focal epilepsy aged 18 to
75 years. In this study, 300 patients are randomised to receive either XEN1101
or placebo capsules. This clinical trial is now in phase 2 and will be
completed in June 2022.
Furthermore, the worldwide epileptic seizures treatment
market is predicted to develop due to an increase in pharmacological approvals
and launches for the treatment of epileptic seizures. For example, Eisai Co.,
Ltd. recently received a New Drug Approval from the China National Medical
Products Administration (NMPA) for its in-house discovered and developed
anti-epileptic drug (AED) Fycompa (perampanel) for use in the adjunctive
treatment of partial onset seizures (with or without secondary generalised
seizures) in epilepsy patients 12 years of age and older. As a result, such
approvals are projected to have a beneficial influence on the growth of the
worldwide epileptic seizures therapy market.
Anti-epileptic medicines can cause minor or severe neurological side effects, but they can also be lethal. Each drug has its own set of side effects and hazards. Antiepileptic medications, in general, have the potential to trigger an allergic response. These medicines enhance the likelihood of diseases including violent behaviour and depression in an indirect way. Anti-epileptic medicines can damage the baby in pregnant women. The Journal of Family Practice lists the following anti-epileptic medication negative effects: Phenytoin produces the Fetal Hydantoin Syndrome (FHS), which is characterised by varying degrees of hypoplasia and ossification of the distal phalanges, as well as craniofacial abnormalities.
Anticonvulsants, especially hydantoins and barbiturates,
have also been linked to hemorrhagic disorders in babies. As a result, the
market for epileptic seizures therapy is projected to be hampered by such
severe side effects throughout the forecast period.
Major companies
Covered are- Novartis AG, GlaxoSmithKline Plc, Johnson & Johnson
Service, Inc., Teva Pharmaceutical Industries Ltd., Pfizer, Inc., Sanofi S.A.,
Mylan N.V., Bausch Health Companies Inc., UCB S.A., Eisai Co. Ltd., Abbott
Laboratories, Sumitomo Dainippon Pharma Co., Ltd., GW Pharmaceuticals Plc,
Marinus Pharmaceuticals, Inc., H. Lundbeck A/S, and Takeda Pharmaceutical Co.,
Ltd.
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