Epileptic Seizures Treatment Market: Status Epilepticus to Dominate Market
Development of New Vaccines and Drugs to Increase Adoption of Existing Epileptic Seizures Treatment
Epilepsy is categorized as a chronic disease of the brain and continues to affect millions of individuals worldwide. Although the prevalence of epilepsy is marginally higher in men compared to women, it affects individuals from all age groups. The prevalence of focal seizures is higher than that of generalized seizures in both, children as well as adults. The prevalence of epileptic seizures is higher in low to middle-income countries due to which, the demand for epileptic seizure treatment is high from developing regions. Some of the major factors responsible for the high prevalence of epileptic seizures in developing regions include acute symptomatic seizures, misdiagnosis, and lack of advanced medical infrastructure.
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As epilepsy continues to emerge as a critical cause of mortality and disability around the world, considerable attention has been given to the development and discovery of new epileptic seizures treatment– a factor that is expected to drive the epileptic seizures treatment market during the forecast period. At present, players involved in the current epileptic seizures treatment market are increasingly focusing on reducing the burden of epileptic seizures, improving the access to the existing epileptic seizures treatments, and development of new vaccines and drugs particularly in the low/middle-income countries.
At the back of these factors, along with considerable rise in the number of research and development activities, the global epileptic seizures treatment market is on course to surpass the US$ 1.8 Bn mark by the end of 2030.
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Increasing Focus on Providing Seizure-free Life to Fuel Innovations
Over the past few decades, apart from conventional strategies deployed to treat epileptic seizures, including medicine and surgery, a number of alternative treatment options such as deep brain stimulation, vague nerve stimulation, and adoption of ketogenic diet have emerged. As the focus on providing a seizure-free life continues to remain high, considerable improvements have been made in epilepsy diagnosis and treatment. For instance, a range of wearable seizure detectors have been developed that play a key role in tracking the seizure activities of individuals. These devices are likely to minimize unexpected deaths caused by uncontrolled seizures and thereby, increase the demand for epileptic seizures treatment.
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Due to the increasing demand for minimally invasive surgeries, a number of new treatment alternatives have gained considerable momentum in recent years. For instance, stereotactic radiosurgery has gradually gained considerable spotlight as a feasible, effective, and an ideal minimally invasive epileptic seizures treatment– a factor that will continue to drive the growth of the global epileptic seizures treatment market in the upcoming years. Furthermore, MRI-guided laser ablation is another treatment alternative that is expected to gain noteworthy adoption in the upcoming years and provide a considerable boost to the growth of the market for epileptic seizures treatment.
While advancements at the surgical front are expected to remain steady throughout the forecast period, considerable progress has been made in the drug-based treatment sphere. A number of researchers and medical experts is increasingly collaborating with each other to improve the current state of epileptic seizures treatment– a factor that is likely to boost market growth.
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Adoption of Telemedicine Services to Grow amid COVID-19 Pandemic
The advent of the novel COVID-19 pandemic is projected to have a low impact on the overall growth of the global epileptic seizures treatment market in 2020. Research and development activities in the epileptic seizures treatment market continue to explore the potential risk of contracting the COVID-19 infection among epileptic patients. Some research findings suggest that epileptic patients are at a higher risk of contracting the novel coronavirus disease due to which, the demand for telemedicine services continues to grow within the epileptic seizures treatment market. The increasing demand for telemedicine epileptic seizures treatment during the ongoing pandemic is projected to provide a considerable boost to the growth of the global epileptic seizures treatment market in 2020.
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