Epilepsy Drugs Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Epilepsy Drugs Market is Segmented by Drugs (First Generation Anti-epileptics, Second Generation Anti-epileptics, Third Generation Anti-epileptics), By Distribution Channel (Hospital Pharmacy, Pharmacy Stores, Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments.

Epilepsy Drugs Market Snapshot

Epilepsy Drugs Market Summary
Study Period: 2019-2027
Base Year: 2021
Fastest Growing Market: Europe
Largest Market: North America
CAGR: 3.5 %
Epilepsy Drugs Market Major Players

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Market Overview

The epilepsy drugs market is projected to register a CAGR of 3.5% during the forecast period (2022-2027).

The COVID-19 outbreak has had a significant impact on the market's growth as several neurology activities, such as medical training and research, were disrupted due to the pandemic. The outbreak not only impacted the epilepsy patients but also had an adverse impact on the epilepsy treatment centers. Patients' access to healthcare facilities was severely restricted due to the risk of SARS-CoV-2 transmission from patient to patient or from a healthcare provider to patient. Furthermore, due to concerns about patient-to-patient transmission, standby admissions in hospitals with COVID-19 inpatients or areas with widespread COVID-19 infection were reduced. For instance, according to an article published in March 2020 titled "Epilepsy and COVID-19: Updated Evidence and Narrative Review," a survey of 212 pediatric neurologists from 49 countries found that in-person outpatient visits have decreased, and telemedicine use was increased during the pandemic. Thus, COVID-19 has a significant impact on the growth of the market in the initial phase. However, owing to the resumption of several elective procedures and surgeries across the globe, the market is anticipated to gain traction over the coming years.

Significant factors contributing to the growth of the epilepsy drugs market include the rise in new drug approvals over the past few years and increasing cases of epilepsy across the globe. As per the World Health Organization's update of February 2022, around 50 million people worldwide have epilepsy, making it one of the most common neurological diseases globally. In high-income countries, there are an estimated 49 per 100,000 patients that are diagnosed with epilepsy each year. In low- and middle-income countries, this figure can be as high as 139 per 100,000. Such a high burden of epilepsy creates the need for treatment and thus drives the growth of the market.

Additionally, the increasing launch of drugs for the treatment of epilepsy by market players at affordable prices is also contributing to the growth of the market. For instance, in March 2021, India-based Alkem Laboratories launched Brivasure, an affordable anti-epileptic drug for treating epilepsy in India. Also in February 2021, Sun Pharmaceutical Industries reported its plans to introduce a complete range of anti-epilepsy drugs, including Brivaracetam, in India at an affordable price.

Furthermore, rising awareness levels about epilepsy and strategic alliances are also anticipated to stimulate market growth. For instance, in November 2021, in the United States, November is celebrated as National Epilepsy Awareness Month (NEAM). Every year, the Epilepsy Foundation, in collaboration with the Epilepsy Foundation, launches the #RemoveTheFilter social media campaign to reduce fear surrounding epilepsy and bring hope to those facing challenges. Such awareness campaigns are also expected to contribute to the growth of the market.

Thus, owing to the abovementioned factors, the market's growth is expected to accelerate over the coming years. However, side effects associated with drugs and the recent expiration of patents on major drugs may impede the growth of the market.

Scope of the Report

As per the scope of this report, epilepsy is a central nervous system (neurological) disorder in which brain activity becomes abnormal, causing seizures or periods of unusual behavior, sensations, and sometimes loss of awareness. The epilepsy drugs do not cure epilepsy but help to control seizures. The drugs are classified into three major segments first generation, second generation, and third generation. The Epilepsy Drugs Market is Segmented by Drugs (First Generation Anti-epileptics, Second Generation Anti-epileptics, Third Generation Anti-epileptics), By Distribution Channel (Hospital Pharmacy, Pharmacy Stores, Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (USD million) for the above segments.

By Drugs
First Generation Anti-epileptics
Second Generation Anti-epileptics
Third Generation Anti-epileptics
By Distribution Channel
Hospital Pharmacy
Pharmacy Stores
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Second Generation Anti-epileptics is the Segment by Drugs Expected to Hold a Large Market Share Over the Forecast Period

Second-generation anti-epileptics drugs are expected to hold the largest market share owing to several significant advantages, such as reduced drug-drug interactions, fewer life-threatening adverse events, and a less negative impact on cognitive functions. Also, the rising cases of epilepsy will boost the demand for drugs in the market segment.

Additionally, the launch of second-line drugs for the treatment of epilepsy by the various market players is propelling the growth of the segment. Also, in February 2021, Dr. Reddy’s Laboratories launched Vigabatrin tablets, an antiepileptic drug, in the United States market after receiving approval from the United States Food and Drug Administration.

Besides, the market players are also acquiring other firms to expand their product portfolio. For instance, in January 2022, UCB acquired Zogenix for USD 1.9 billion to bolster its epilepsy portfolio by adding Fintepla (fenfluramine), a marketed drug for treating seizures associated with Dravet syndrome, a rare form of childhood epilepsy. Having gained a newly marketed product for patients with rare and difficult-to-treat pediatric orphan epilepsy syndromes, this deal continues to expand UCB’s extensive therapeutic offering in the epilepsy market.

Hence, owing to the new product launches and acceptance of second-generation epilepsy drugs, the segment is expected to witness high growth over the forecast period.

Epilepsy Drugs Market: Number of Clinical Trials For Epilepsy, By Phase, Global, As of 5th August 2022

North America is Expected to Hold Largest Market Share over the Forecast Period

The North American region is expected to show significant growth over the forecast period owing to the increasing burden of epilepsy coupled with the strategic initiatives, awareness campaigns, and launches of new products by the market players.

Additionally, the approval of drugs for different aged populations is also boosting the growth of the market. For instance, in August 2021, UCB received United States Food and Drug Administration (FDA) approval for an expanded indication for BRIVIACT (brivaracetam) CV tablets, oral solution, and injection to treat partial-onset seizures in patients as young as one month of age. This is the first time that the IV formulation of BRIVIACT will be available for pediatric patients when oral administration is not feasible. It is one of the first IV formulations approved to treat partial-onset seizures in children one month of age and older (nearly 7 years).

Furthermore, various organizations are raising awareness about epilepsy in the United States. For instance, Epilepsy Awareness Day, or Purple Day, is celebrated annually on the 26th of March to increase the public’s understanding of this brain disorder and to eliminate the fear and stigma surrounding it.

Thus, owing to the abovementioned factors, the market is expected to show growth over the forecast period.

Epilepsy Drugs Market - Growth Rate by Region

Competitive Landscape

The market studied is a consolidated market owing to the presence of a few major market players. Therefore, most of the key players are found focusing on the expansion of their businesses to increase their market share. They are also adopting specific strategies, such as new product development, mergers, and acquisitions. Some players operating in the market are Abbott Laboratories, GlaxoSmithKline PLC, Johnson & Johnson, Novartis AG, Pfizer, Inc., Sanofi SA, Sunovion Pharmaceuticals Inc., Takeda Pharmaceutical Company Limited, and UCB S.A.

Major Players

  1. Abbott Laboratories

  2. GlaxoSmithKline PLC

  3. Johnson & Johnson Health Care Systems Inc.

  4. Novartis AG

  5. UCB S.A.

Epilepsy Drugs Market Concentration

Recent Developments

  • In March 2022, Lupin received approval from the United States Food and Drug Administration for its abbreviated new drug application (ANDA) for Vigabatrin. It is an anti-epileptic drug that will be available in the form of an oral solution USP (500 mg).
  • In March 2022, Marinus Pharmaceuticals' drug Ztalmy also received approval from the United States Food and Drug Administration for treating seizures in patients who have CDKL5 deficiency, an inherited form of epilepsy.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rise in the New Drug Approvals over the Past Few Years

      2. 4.2.2 Increase in the Cases of Epilepsy

    3. 4.3 Market Restraints

      1. 4.3.1 Side Effects Associated With the Drugs

      2. 4.3.2 Recent Patent Expiration of Major Brands

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value – USD million)

    1. 5.1 By Drugs

      1. 5.1.1 First Generation Anti-epileptics

      2. 5.1.2 Second Generation Anti-epileptics

      3. 5.1.3 Third Generation Anti-epileptics

    2. 5.2 By Distribution Channel

      1. 5.2.1 Hospital Pharmacy

      2. 5.2.2 Pharmacy Stores

      3. 5.2.3 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle-East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Abbott Laboratories

      2. 6.1.2 GlaxoSmithKline PLC

      3. 6.1.3 Johnson & Johnson

      4. 6.1.4 Novartis AG

      5. 6.1.5 Pfizer, Inc.

      6. 6.1.6 Sanofi SA

      7. 6.1.7 Sunovion Pharmaceuticals Inc.

      8. 6.1.8 Takeda Pharmaceutical Company Limited

      9. 6.1.9 UCB S.A.,

      10. 6.1.10 Sun Pharmaceutical Industries Limited

      11. 6.1.11 GW Pharmaceuticals plc

      12. 6.1.12 H. Lundbeck A/S

      13. 6.1.13 Alkem Labs.

      14. 6.1.14 Eisai Co., Ltd.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Frequently Asked Questions

The Global Epilepsy Drugs Market market is studied from 2019 - 2027.

The Global Epilepsy Drugs Market is growing at a CAGR of 3.5% over the next 5 years.

Europe is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Abbott Laboratories, GlaxoSmithKline PLC, Johnson & Johnson Health Care Systems Inc., Novartis AG, UCB S.A. are the major companies operating in Global Epilepsy Drugs Market.

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