"An impactful Hydantoin anticonvulsants Market research report provides a comprehensive overview of the market, taking into consideration factors such as product definition, vendor landscape, and market segmentation. Currently, businesses heavily rely on the diverse segments covered in the market research report, gaining valuable insights to steer their operations in the right direction. The competitive analysis sheds light on market share and actions taken by key industry players, empowering businesses to make informed decisions on strategies that yield maximum return on investment (ROI).
This steadfast Hydantoin anticonvulsants Market research report imparts knowledge on all the aforementioned factors through a transparent, extensive, and high-quality market study. To achieve this, every crucial aspect of the market research analysis—ranging from market definition, segmentation, competitive analysis, major market developments, to top-notch research methodology—has been meticulously considered in formulating this report. Moreover, the Hydantoin anticonvulsants Market business report is the result of the dedicated efforts of an innovative, enthusiastic, knowledgeable, and experienced team of analysts, researchers, industry experts, and forecasters.
Data Bridge Market Research analyses that the hydantoin anticonvulsants? market was valued at USD 208.058 million in 2021 and is expected to reach USD 280.39 million by 2029, registering a CAGR of 3.80% during the forecast period of 2022 to 2029.
Explore Further Details about This Research Hydantoin anticonvulsants Market Report https://www.databridgemarketresearch.com/reports/global-hydantoin-anticonvulsants-market
Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 - 2014) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Drug (Mephenytoin, Fosphenytoin, Ethotoin, Phenytoin, Other), Application (Epilepsy, Neurosurgery, Seizure Prevention, Seizure Prophylaxis During or Following Neurosurgery, Seizures, Status Epilepticus), Dosage (Powder, Injection, Others), Route of Administration (Enteral, Parenteral, Topical, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Merck KGaA (Germany), Eisai Co., Ltd. (Japan), AstraZeneca (UK), Sanofi (France), Novartis AG (Switzerland), Abbott (US), F. Hoffmann-La Roche Ltd. (Switzerland), Teva Pharmaceutical Industries Ltd. (Ireland), Pfizer Inc. (US), GlaxoSmithKline plc (UK), WOCKHARDT (Mumbai), Novo Nordisk A/S (Denmark), Glenmark Pharmaceuticals Limited (India), Cipla Inc. (US), Bausch Health Companies Inc. (Canada), Otsuka America Pharmaceutical, Inc. (US), Johnson Johnson Private Limited (US), Takeda Pharmaceutical Company Limited (Japan), Sumitomo Corporation (Japan), Biocon (India) |
Market Opportunities |
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Market Definition
The pharmacological class hydantoins is mostly used to treat seizures (anticonvulsant or antiepileptic drugs). Hydantoins work by blocking the sodium channel, which is found throughout the nervous system. Sodium channels are activated, resulting in the transmission of electrical impulses and the release of neurotransmitters. Barbiturates are structurally similar to hydantoin anticonvulsants. They have a heterocyclic allantoin base.
Hydantoin Anticonvulsants Market Dynamics
Drivers
- Increasing prevalence of epilepsy
The rising prevalence of epilepsy is anticipated to influence the hydantoin anticonvulsants? market's growth. Epilepsy affects roughly 50 million people globally, according to a report released by the World Health Organization (WHO) in January 2019. Furthermore, it is predicted that 2.4 million new cases of epilepsy are diagnosed each year around the world.
- Rising approval of anticonvulsant drugs
The increasing approval of anticonvulsant medicine approvals is expected to flourish the market’s growth rate during the forecast period of 2022-2029. Anticonvulsant medicine approvals from the US Food and Drug Administration (FDA) are increasing, which is boosting the hydantoin anticonvulsant market income. The FDA has authorized approximately 24 anticonvulsant medicines. The first medicine containing an active ingredient derived from marijuana was approved by the FDA in 2018 to treat rare, severe forms of epilepsy such Lennox-Gastaut syndrome and Dravet syndrome.
Furthermore, rising initiatives by public and private organizations to spread awareness will expand the hydantoin anticonvulsants? market. Additionally, rising healthcare expenditure and changing lifestyle of people will result in the expansion of hydantoin anticonvulsants? market. Along with this, rising geriatric population and favourable reimbursement policies will enhance the growth rate of the market.
Opportunities
- Increase in the number of research and development activities
Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the hydantoin anticonvulsants? market growth. Along with this, rising drug approvals and launches will further propel the market’s growth rate.
Moreover, rising investment for the development of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the hydantoin anticonvulsants? market growth during the forecast period.
Report Investment: Know the Pros
- Besides assessing real time developments and triggers, this section of the report also presents notable past highlights that accelerated growth in this Hydantoin anticonvulsants Market
- A well scouted presentation of all the crucial segments that collectively harness maximum profit building in global Hydantoin anticonvulsants Market
- A detailed account of crucial Hydantoin anticonvulsants Market developments, potential investment bays as well as evaluation of successful business decisions that guide profitable business outcome
- A clear depiction of Hydantoin anticonvulsants Market specific dynamics, competitor analysis as well as gauging competition intensity
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