The global anticonvulsants market size is calculated at USD 25,810 million in 2024 and is predicted to reach around USD 33,040 million by 2034, expanding at a CAGR of 2.5% from 2024 to 2034.
The anticonvulsants market involves the synthesis and distribution of anticonvulsants, also known as anti-seizure medications, which are a diverse group of pharmacological agents used to treat seizures or convulsions by regulating abnormal electrical activity in the brain. The convulsions are monitored due to symptoms involving headache, numbness in the body, and racing thoughts. People with epilepsy adhere meticulously to their medication regimes to prevent these detrimental outcomes. Anticonvulsant drugs are in high requisition due to the greater occurrence of epileptic seizures among patients. Treatment of epileptic seizures has led to the market growth. Growing investment in biomedical research and healthcare technology is leading to new innovations in drug therapies, such as advanced barbiturates and other antiepileptic drugs. These are fuelling growth in the anticonvulsants market.
Increasing healthcare budgets and increasing investment in healthcare infrastructure are anticipated to push the growth of the market. As emerging economies develop, they invest larger portions of their budget into healthcare expenditures. Global growth has led to more resources assigned to the treatment of neurological disorders, including epilepsy. In addition, private funding initiatives for medication and health check-ups through programs that promote corporate social responsibility are facilitating patients, further contributing to market growth. Factors mentioned above, such as an increase in healthcare expenditure and advancements in healthcare infrastructure, are expected to drive the growth of the anticonvulsants market in the coming years.
Published by Laxmi Narayan
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| Stats ID: | 7832 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Stats ID: | 7832 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
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