Friday 3 October 2014, Amsterdam
The global epilepsy market was valued at an estimated $4.2 billion in 2012. GlobalData expects the market to grow to $5.35 billion by 2022, with more than 50% of sales coming from the US. Major drivers of market growth over this forecast period will include:
- Introduction of novel antiepileptic drugs (AEDs) with higher prices in the US and European Union (EU)
- Introduction of the newer drugs into the Asian market, particularly in Japan
- Increasing access to epilepsy pharmacotherapy by the populations of India and China
Major barriers to the growth of the epilepsy market will include:
- A crowded marketplace, which currently comprises more than 20 AEDs, many of which are available in generic form, resulting in individual drugs struggling to distinguish themselves
- Concerns over decreasing healthcare costs as part of government austerity measures, which will impede market growth, particularly in Europe
- Generic erosion of branded drug sales following small-molecule patent and marketing exclusivity expiries, particularly affecting Vimpat (lacosamide) and Lyrica (pregabalin)
ASDReports.com contact: S. Koomen
ASDReports.com / ASDMedia BV - Veemkade 356 - 1019HD Amsterdam - The Netherlands
P : +31(0)20 486 1286 - F : +31(0)20 486 0216
back to News