Acute Repetitive Seizures Market
Acute Repetitive Seizures Market - Global Industry Assessment & Forecast
- By Product USL-261, NRL-1, AZ-002, Diastat Rectal Gel, Others
- By Region North America, Latin America, Europe, Asia Pacific, Middle East & Africa
|Forecast Years:||2023 - 2030|
|Historical Years:||2017 - 2021|
|Revenue 2022:||USD 296.07 Million|
|Revenue 2030:||USD 6561.67 Million|
|Revenue CAGR (2023 - 2030):||47.30%|
|Fastest Growing Region (2023 - 2030)||Asia Pacific|
|Largest Region (2022):||North America|
- Cross-segment Market Size and Analysis for Mentioned Segments
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- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
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Global Acute Repetitive Seizures Market is valued at USD 296.07 Million in 2022 and is projected to attain a value of USD 6561.67 Million by 2030 at a CAGR of 47.30% during the forecast period, 2022–2028. High unmet clinical needs for patients and caregivers, as well as the availability of an advanced product pipeline, are projected to drive market growth. The majority of people with cluster seizures respond well to drug therapy. Outpatient care options, such as clinics and home healthcare, are being used by governments around the world to reduce hospital stays and on-site patient treatment costs in an effort to reduce healthcare spending. These healthcare reforms are increasingly being implemented in emerging economies such as India and China. The market for Acute Repetitive Seizures is predicted to expand as a result of this factor.
Acute Repetitive Seizures Market Size, 2022 To 2030 (USD Million)
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Patients prefer the intranasal route over other types of pharmaceutical administration, such as buccal, rectal, and intramuscular routes. Outpatient treatment with parenteral drugs has proven to be the best option. Caregivers are not qualified to administer parenteral drugs in several countries, such as the Netherlands.
Rising Number of Clinical Studies
The expanding number of clinical trials, increased emphasis on the launch of novel medications, and strong demand for nasal sprays for the treatment of epilepsy are all driving revenue growth in the global Acute Repetitive Seizures market. Furthermore, during the projection period, the Acute Repetitive Seizures market is expected to rise due to a rising number of supervisory approvals and promising treatments in the pipeline.
In addition, governments are consistently seeking to reduce hospital stays and on-site treatment expenses through outpatient care models such as home healthcare and clinics in order to cut healthcare spending. Developing nations, such as China, are rapidly implementing such healthcare reforms, which is projected to fuel the Acute Repetitive Seizures market's rise in the near future.
Lack of Knowledge of Seizures
Several negative aspects are hampering the growth of the worldwide Acute Repetitive Seizures market. The dearth of understanding about seizures is one of the most significant treatment problems. The absence of competent health care services, more expensive treatment alternatives, the lack of emergency treatment, and the distance between health care facilities all compound the problem. Furthermore, patients prefer intranasal administration to other methods of pharmacological administration, such as buccal, rectal, and intramuscular. The best treatment option has found to be outpatient treatment with parenteral medicines. Furthermore, in some countries, healthcare staff are not qualified to administer parenteral medications. Furthermore, those who suffer from neurological illnesses are often ignorant of new treatments. Above mentioned factors might hamper the Acute Repetitive Seizures market growth.
The Global Acute Repetitive Seizures Market can be segmented by product type, into USL-261, NRL-1, AZ-002, Diastat Rectal Gel and Others. Based on Region, the Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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Due to its efficacy and the absence of FDA-approved medications on the market, Diastat Rectal Gel lead the product segment in 2020. It is the only FDA-approved medication, and generic versions were released in 2010. Over the projected period, NRL-1 is expected to be the fastest-growing segment. It is a Neurelis-developed experimental medication for adolescents, children, and adults. In September 2018, the business submitted an NDA to the FDA. The market for USL-261, which is specifically intended for intranasal administration for outpatient usage, is likely to increase significantly over the next few years.
North America to Continue Dominating the Acute Repetitive Seizures Market
With the biggest revenue share among regional markets in 2020, North America emerged as the largest market for Acute Repetitive Seizures. The presence of a big target audience for epilepsy drugs is primarily responsible for the Acute Repetitive Seizures market's revenue growth in North America. Because of increased investment in neurology research and development and rising demand for epilepsy medications, the Acute Repetitive Seizures market in Europe is expected to rise strongly in terms of value over the forecast period. In addition, breakthroughs in the scientific, therapeutic, and medical fields would help to increase growth. Simultaneously, government efforts aiming at enhancing quality of life and raising disease awareness, as well as the promotion of better healthcare facilities, are being implemented.
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Some of the players are Alexza Pharmaceuticals, Bausch Health, Neurelis, Pfizer Inc., Sanofi, UCB S.A.,Valeant Pharmaceuticals North America LLC., Veriton Pharma.
Acute Repetitive Seizures Market is segmented as follows:
Regions & Countries Covered
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
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Acute Repetitive Seizures Market is tabulated as follows:
Frequently Asked Question
What is the global demand for Acute Repetitive Seizures in terms of revenue?
The global Acute Repetitive Seizures valued at USD 296.07 Million in 2022 and is expected to reach USD 6561.67 Million in 2030 growing at a CAGR of 47.30%.
Which are the prominent players in the market?
The prominent players in the market are Alexza Pharmaceuticals, Bausch Health, Neurelis, Pfizer Inc., Sanofi, UCB S.A.,Valeant Pharmaceuticals North America LLC., Veriton Pharma.
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 47.30% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
The driving factors of the Acute Repetitive Seizures include
- Rising Number of Clinical Studies
Which region accounted for the largest share in the market?
North America was the leading regional segment of the Acute Repetitive Seizures in 2022.