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The global anticonvulsants market was valued at USD 19.2 billion in 2021 ,and growing at a CAGR of 2.6% from 2022 to 2030, The global anticonvulsants market is expected to reach USD 24.1 billion by 2030. The Asia Pacific is expected to grow the fastest during the forecast period
The varied class of pharmacological medicines known as anticonvulsants is used to treat epileptic seizures. Bipolar illness and borderline personality disorder are two other conditions that anticonvulsants are used to treat more frequently. They appear to have antidepressant and neuropathic pain relief properties. Neurons during seizures fire rapidly and excessively, which is suppressed by anticonvulsants. Anticonvulsants also stop the seizure from spreading inside the brain. Anticonvulsants are also called antiepileptic drugs and are also referred to as antiseizure drugs as they provide relief from the occurring symptoms and do not change the course of epilepsy. Epilepsy is a chronic disease that results in unjustified and repeated seizures. Convulsions are a systematic way to refer to epileptic seizures. Epileptic seizures are primarily treated with anticonvulsants. Most anticonvulsant medications are developed to treat epilepsy, a neurological disorder affecting about 50 million people worldwide. Various molecular targets in the synapse, such as voltage-gated ion channels, voltage-gated GABAA (-aminobutyric acid type A) receptors, and glutamate receptors, reduce the frequency of seizures by suppressing neuronal excitability
Additionally, bipolar disorder, borderline personality disorder, fibromyalgia, and neuropathic pain are all treated with anticonvulsant medications. Anyone at any age can develop epilepsy. According to the Epilepsy Society of the U.K., there are over 20 medications available to treat epilepsy, including barbiturates, carboxamides, carbamates, and GABA analogs. There are also about 25 generic versions of these medications on the market.
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Drivers:
Active government support- The increasing support from government organizations for drug approval drives the market's growth. Furthermore, the rising prevalence of epilepsy globally propels the market's growth. According to the World Health Organization (WHO), around 50 million people worldwide are affected by epilepsy. Moreover, it is estimated that approximately 2.4 million new cases of epilepsy are diagnosed globally. The increasing approval of anticonvulsant drugs by the U.S. Food and Drug Administration (FDA) contributes highly to the market's growth. The FDA approves around 24 anticonvulsant drugs.
Restraints:
Shortage of medicine- Despite increasing incidences of seizures, chronic illness, and epilepsy, there is an increasing rise in the shortage of drugs which restrains the market's growth. Patients stock-pill these medicines to stay safe in emergencies because there is a shortage of drugs. This has raised the alarm among the market producers to increase the supply of drugs. Furthermore, the investigation is being done is also being done to check the loophole in the supply chain to improve the supply of medicine.
Opportunities:
Increasing drug approval- The increasing R&D activities to help manufacture several anticonvulsant drugs provide an opportunity for the market's growth over the forecast period. Furthermore, the growing incidences of epilepsy increase the demand for therapeutically effective medications creating pressure among market players to create anticonvulsants. USFDA is approving several anticonvulsant drugs for the treatment of epilepsy. For instance, the USFDA approved a nasal spray Valtoco for treating epilepsy patients aged six years.
Challenges:
Side effects- Anticonvulsants bring several side effects, such as blisters, sores or ulcers in the mouth, stomach pain and tenderness, fever, excessive bleeding in wounds, and unusual infections, challenging the market's growth over the forecast period. Furthermore, unpredictable side effects such as idiosyncratic can be fatal. This can lead to dropping in white blood cells and platelets, causing liver failure and Aplastic anemia. Apart from this, there are other disadvantages of consuming anticonvulsants drug, which can affect other vitals of the human body. Furthermore, the unavailability and high costs of convenient dosage forms of branded and generic anticonvulsant drugs also challenge the market’s growth.
Regional segmentation analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest market for the global anticonvulsants market, with a 34.8% share of the market revenue in 2021.
North America currently dominates the anticonvulsants market owing to increasing demand for the treatment of epilepsy. Furthermore, the surge in the number of neurological disorders in the region, coupled with increasing investment in healthcare facilities, propels the market's growth in the region. The increase in research and development activities for developing better and improved anticonvulsants drug adds impetus to the market's change. The rising collaboration between governments and pharmaceutical companies significantly contributes to the region's market growth. Europe is expected to grow the fastest during the forecast period, owing to the well-established healthcare infrastructure in the region. In addition, better healthcare reimbursement plans and supportive initiatives by the government and major companies to increase awareness about the proper utilization of anticonvulsants propel the market growth in the region.
North America Region Anticonvulsants Market Share in 2021 - 34.8%
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Product Type segment analysis
The product type segment is divided into barbiturates, succinimides, AMPA, NMDAR, carbamate anticonvulsants, triazine, hydantoins, benzodiazepines, and others. The AMPA segment dominated the market, with a market share of around 11% in 2021. Epilepsy patients widely use AMPA anticonvulsants to treat partial onset seizures. Anticonvulsant drugs block the central nervous system, which binds to the AMPA receptor, which propels the segment's growth.
Application segment analysis
The application segment is divided into migraine, epilepsy, fibromyalgia, anxiety, neuropathic pain, and bipolar disorder. Over the forecast period, the epilepsy segment is expected to grow at the fastest CAGR of 3.3%. Anticonvulsants are widely used for treating epilepsy due to increasing disease cases in people of all ages. Epilepsy can affect people of all ages through drug and alcohol misuse, brain cancer, brain injury, and stroke. Furthermore, the rising awareness about anticonvulsants drug for treating epilepsy also drives the segment's growth.
End-User segment analysis
The end-user segment is divided into hospitals, clinics, and ambulatory surgical clinics. In 2021, the hospital's segment dominated the market, accounting for around 40.8% of global revenue. Anticonvulsants are widely used in hospitals because of better healthcare infrastructure and trained doctors and physicians. Hospitals also have better facilities for treating all kinds of diseases, including neurological disorders, which propel the hospital market growth.
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion), Volume (Kg) |
| Market size value in 2021 | USD 19.2 Billion |
| Market size value in 2030 | USD 24.1 Billion |
| CAGR (2022 to 2030) | 2.6% |
| Historical data | 2019-2020 |
| Base Year | 2021 |
| Forecast | 2022-2030 |
| Segments | End-User segment, Application, Product Type |
| Regional Segments | North America, Asia Pacific, Europe, Latin America, Middle East and Africa |
As per The Brainy Insights, the size of the anticonvulsants market was valued at USD 19.2 billion in 2021 to USD 24.1 billion by 2030.
The global anticonvulsants market is growing at a CAGR of 2.6% during the forecast period 2022-2030.
The global anticonvulsants market has been segmented based on product type, application, end-user, and region. The AMPA will be on the market in 2021. The epilepsy segment led the market in 2021.
North America emerged as the largest market for anticonvulsants.
Key players in the anticonvulsants market are Johnson & Johnson (J&J), Novartis AG, UCB Group, GlaxoSmithKline plc, Pfizer Inc., Abbott Laboratories, Cephalon Inc., Shire plc. Pfizer, Valeant Pharmaceuticals International Inc., Astrazeneca Plc.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By End-User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Active government support
5.3. Restraints
5.3.1. Shortage of medicine
5.4. Opportunities
5.4.1. Increasing drug approval
5.5. Challenges
5.5.1. Side effects
6. Global Anticonvulsants Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Barbiturates
6.3. NMDAR
6.4. AMPA
6.5. Carbamate Anticonvulsants
6.6. Triazine
6.7. Succinimides
6.8. Hydantoins
6.9. Benzodiazepines
6.10. Others
7. Global Anticonvulsants Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Migraine
7.3. Epilepsy
7.4. Fibromyalgia
7.5. Anxiety
7.6. Neuropathic Pain
7.7. Bipolar Disorder
8. Global Anticonvulsants Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Hospitals
8.3. Clinics
8.4. Ambulatory surgical clinics
9. Global Anticonvulsants Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Anticonvulsants Market-Competitive Landscape
10.1. Overview
10.1.1. Market Share of Key Players in the Anticonvulsants Market
10.1.2. Global Company Market Share
10.1.3. North America Company Market Share
10.1.4. Europe Company Market Share
10.1.5. APAC Company Market Share
10.2. Competitive Situations and Trends
10.2.1. Product Launches and Developments
10.2.2. Partnerships, Collaborations, and Agreements
10.2.3. Mergers & Acquisitions
10.2.4. Expansions
11. Company Profiles
11.1. Johnson & Johnson (J&J)
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Component Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Novartis AG
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Component Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. UCB Group
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Component Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. GlaxoSmithKline plc
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Component Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Pfizer Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Component Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Abbott Laboratories
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Component Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Cephalon Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Component Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Shire plc. Pfizer
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Component Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Valeant Pharmaceuticals International, Inc.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Component Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Astrazeneca Plc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Component Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
2. Global Barbiturates Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
3. Global NMDAR Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
4. Global AMPA Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
5. Global Carbamate Anticonvulsants Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
6. Global Triazine Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
7. Global Succinimidese Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
8. Global Hydantoins Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
9. Global Benzodiazepines Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
10. Global Others Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
11. Global Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
12. Global Migraine Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
13. Global Epilepsy Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
14. Global Fibromyalgia Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
15. Global Anxiety Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
16. Global Neuropathic Pain Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
17. Global Bipolar Disorder Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
18. Global Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
19. Global Hospitals Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
20. Global Clinics Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
21. Global Ambulatory surgical clinics Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
22. Global Anticonvulsants Market, By Region, 2019-2030 (USD Billion)
23. North America Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
24. North America Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
25. North America Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
26. U.S. Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
27. U.S. Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
28. U.S. Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
29. Canada Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
30. Canada Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
31. Canada Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
32. Mexico Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
33. Mexico Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
34. Mexico Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
35. Europe Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
36. Europe Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
37. Europe Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
38. Germany Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
39. Germany Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
40. Germany Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
41. France Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
42. France Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
43. France Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
44. U.K. Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
45. U.K. Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
46. U.K. Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
47. Italy Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
48. Italy Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
49. Italy Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
50. Spain Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
51. Spain Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
52. Spain Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
53. Asia Pacific Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
54. Asia Pacific Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
55. Asia Pacific Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
56. Japan Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
57. Japan Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
58. Japan Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
59. China Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
60. China Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
61. China Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
62. India Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
63. India Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
64. India Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
65. South America Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
66. South America Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
67. South America Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
68. Brazil Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
69. Brazil Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
70. Brazil Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
71. The Middle East and Africa Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
72. The Middle East and Africa Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
73. The Middle East and Africa Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
74. UAE Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
75. UAE Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
76. UAE Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
77. South Africa Anticonvulsants Market, By Product Type, 2019-2030 (USD Billion)
78. South Africa Anticonvulsants Market, By Application, 2019-2030 (USD Billion)
79. South Africa Anticonvulsants Market, By End-User, 2019-2030 (USD Billion)
List of Figures
1. Global Anticonvulsants Market Segmentation
2. Anticonvulsants Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Anticonvulsants Market Attractiveness Analysis By Product Type
9. Global Anticonvulsants Market Attractiveness Analysis By Application
10. Global Anticonvulsants Market Attractiveness Analysis By End-User
11. Global Anticonvulsants Market Attractiveness Analysis By Region
12. Global Anticonvulsants Market: Dynamics
13. Global Anticonvulsants Market Share By Product Type (2022 & 2030)
14. Global Anticonvulsants Market Share By Application (2022 & 2030)
15. Global Anticonvulsants Market Share By End-User (2022 & 2030)
16. Global Anticonvulsants Market Share By Regions (2022 & 2030)
17. Global Anticonvulsants Market Share By Company (2021)
This study forecasts global, regional, and country revenue from 2019 to 2030. Brainy Insights has segmented the global Anticonvulsants market based on the below-mentioned segments:
Global Anticonvulsants Market by Product Type:
Global Anticonvulsants Market by Application:
Global Anticonvulsants Market by End-User:
Global Anticonvulsants Market by Region:
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