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ContinueThe lennox-gastaut syndrome drug market is expected to gain growth at a potential rate of 4.6% in the forecast period of 2021 to 2028 and is likely to reach USD 933.6 million by 2028. The rise in research and development activities is the factor responsible for the market growth.
Lennox-Gastaut syndrome also known as childhood epileptic encephalopathy or pediatric epilepsy syndrome, is a disorder which is characterized by mental retardation, multiple tonic-clonic seizures, reduced intellectual powder and abnormal findings on electroencephalography.
The rapid increase in the population with risk factors for LGS is expected to accelerate the market growth in the forecast period of 2021 to 2028. Likewise, the rise in the prevalence of infectious diseases including encephalitis and meningitis and the high investment of biotechnology and pharmaceutical industries are also predictable to enhance the lennox-gastaut syndrome drug market growth. Furthermore, the various initiatives taken by government and non-governmental organizations for raising awareness amongst people regarding this disorder are also projected to drive the market growth rate.
Read More : https://www.databridgemarketresearch.com/reports/global-lennox-gast...
In addition, the increase in the healthcare expenditure, rise in the R&D initiatives and favorable government support are likely to create various new opportunities that will impact this lennox- gastaut syndrome drug market growth in the forecast period of 2021 to 2028.
However, the various side effects associated with available treatment and high cost of treatment available are expected to act as major restraints towards the growth of the lennox-gastaut syndrome drug market, whereas the lack of availability of essential services in remote areas can further challenge the growth of the target market in the above mentioned forecast period.
Global Lennox-Gastaut Syndrome Drug Market Scope and Market Size
Lennox-gastaut syndrome drug market is segmented on the basis of drug type, therapy, route of administration, distribution channel and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on drug type, the lennox-gastaut syndrome drug market can be segmented into CNS depressants, anticonvulsants, perampanel, cannabidiol, NRP-2945 others. Others have further been segmented into valproic acid, lamotrigine, topiramate, felbamate, zonisamide and vigabtrin.
The therapy segment of the lennox-gastaut syndrome drug market can be segmented into medication, surgery, intravenous immunoglobulin therapy and ketogenic diet products.
On the basis of route of administration, the lennox-gastaut syndrome drug market can be segmented into oral and parenteral.
Based on distribution channel, the lennox-gastaut syndrome drug market can be segmented into hospital pharmacy, retail pharmacy and online pharmacy.
On the basis of end user, the lennox-gastaut syndrome drug market can be segmented into hospitals, homecare, specialty clinics and others.
Lennox-Gastaut Syndrome Drug Market Country Level Analysis
Lennox-gastaut syndrome drug market is analyzed and market size information is provided by country by drug type, therapy, route of administration, distribution channel and end user as referenced above.
The countries covered in the lennox-gastaut syndrome drug market report are U.S., Canada and Mexico in North America, Peru, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America leads the lennox-gastaut syndrome drug market due to the high research and development activities in the neurology field and strong presence of pharmaceutical industries. Asia-Pacific region is expected to expand at a significant growth rate in the forecast period of 2021 to 2028 because of the rise in the government support and increased number of prevalence cases.
The major players covered in the lennox-gastaut syndrome drug market report are Pfizer Inc., Sunovion Pharmaceuticals Inc., Novartis AG, Abbott, Eisai Co., Ltd, INSYS THERAPEUTICS, INC., GW Pharmaceuticals plc, Johnson & Johnson Services, Inc, GlaxoSmithKline plc, Zogenix, H. Lundbeck A/S, Bausch Health Companies Inc., Supernus Pharmaceuticals, Inc., Sanofi, Marinus Pharmaceuticals, Inc., GW Pharmaceuticals plc and Teva Pharmaceutical Industries Ltd., among other domestic and global players. Lennox-gastaut syndrome drug market share data is available for global, North America, South America, Europe, Asia-Pacific (APAC) and Middle East and Africa (MEA) separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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