EPILEPSY DRUGS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Key Takeaways from Analyst
Global epilepsy drugs industry is currently dominated by North America due to high awareness levels and easy accessibility to advanced treatments. However, the Asia Pacific region will emerge as the fastest growing market driven by growing healthcare infrastructure and large patient pool.
The market will be positively impacted by rising prevalence of epilepsy owing to head injuries, brain infections, genetic disorders and other risk factors. Increasing R&D investments from major players to develop novel drug candidates will also stimulate market revenues.
Stringent regulations for drug approvals could dampen revenue growth to some extent. In addition, socio-economic barriers restrict accessibility of high-cost treatments in developing regions such as Asia Pacific. Patent expiries of major drugs will increase generic competition and pricing pressures as well.
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