Infantile Spasms Therapeutics Market by Therapeutic Class (Anticonvulsants, Corticosteroids, and Others), Drug Type ( Vigabatrin, Adrenocorticotropic Hormone, and Others (Phase III)), Dosage (Solid, Liquid), Route of Administration (Oral, Parenteral, and Others), Distribution Channel ( Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), End User ( Hospitals, Clinics, and Others), and Region 2023-2028
The global infantile spasms therapeutics market size reached US$ 3.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028. The rising prevalence of seizures in infants, increasing health consciousness among the masses resulting in early diagnosis, and the growing number of product approvals and presence of strong pipelines drugs represent some of the key factors driving the market.
Infantile spasms therapeutics refer to the treatment procedures used for treating seizures or an epilepsy syndrome in young children, usually aged between four months and a year of age. An episode of spasm is characterized by the body stiffening suddenly, arms, legs, and head bending forward, the back arching, and short, subtle seizures. Infantile spasm can be caused by brain tumors, birth injuries, infection of the brain, and genetic changes. There are a number of therapeutic options that are available for infantile spams, including steroids, hormone therapy with corticotropin injection gel and glucocorticoids, as well as antiseizure medications. Infantile spasms therapeutics are more likely to provide sustained results if they are implemented within three weeks after the spasms occur, and treatment can be done by monotherapy or combination therapy. Infantile spasms are diagnosed by physical examination, neurological examination, MRI of the brain, and blood and urine examinations.
Infantile Spasms Therapeutics Market Trends:
The increasing prevalence of infantile spasms among newborn babies is a significant factor driving the growth of the market. This can be attributed to a considerable rise in the birth rates across the globe. In line with this, the growing number of product approvals and presence of strong pipelines drugs are impacting the market positively. Continual technological advancements in the treatment of infantile spasms, such as the introduction of seizure alert device for detecting seizures and alerting the caregivers, are providing an impetus to the market. Also, the widespread awareness regarding early diagnosis and treatment is enhancing the penetration rate of infantile spasm drugs, thereby fueling the market growth. However, various factors, such as lesser treatment success rates, high cost of treatment, strict regulations for drug approval, and the augmenting undiagnosed patient pool, are impeding the growth of the infantile spasms therapeutics market. On the contrary, favorable initiatives and programs conducted by the government and private organizations of several countries for promoting awareness regarding the medical condition is creating a positive market outlook. The market is further driven by the extensive research and development (R&D) activities conducted by the key market players focusing on the development of innovative drugs with higher success rates. Some of the other factors contributing to the market include the expanding healthcare expenditure, rising number of collaborations, partnerships and merger and acquisitions (M&As), rapid urbanization, and inflating disposable income levels.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global infantile spasms therapeutics market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on therapeutic class, drug type, dosage, route of administration, distribution channel, and end user.
Therapeutic Class Insights:
Anticonvulsants
Corticosteroids
Others
The report has provided a detailed breakup and analysis of the infantile spasms therapeutics market based on the therapeutic class. This includes anticonvulsants, corticosteroids, and others. According to the report, anticonvulsants represented the largest segment.
Drug Type Insights:
Vigabatrin
Adrenocorticotropic Hormone
Others (Phase III)
The report has provided a detailed breakup and analysis of the infantile spasms therapeutics market based on the drug type. This includes vigabatrin, adrenocorticotropic hormone, and others (phase III). According to the report, adrenocorticotropic hormone represented the largest segment.
Dosage Insights:
Solid
Liquid
The report has provided a detailed breakup and analysis of the infantile spasms therapeutics market based on the dosage. This includes solid and liquid. According to the report, liquid represented the largest segment.
Route of Administration Insights:
Oral
Parenteral
Others
The report has provided a detailed breakup and analysis of the infantile spasms therapeutics market based on the route of administration. This includes oral, parenteral, and others. According to the report, parenteral represented the largest segment.
Distribution Channel Insights:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
The report has provided a detailed breakup and analysis of the infantile spasms therapeutics market based on the route of administration. This includes hospital pharmacy, retail pharmacy, and online pharmacy. According to the report, hospital pharmacy represented the largest segment.
End User Insights:
Hospitals
Clinics
Others
A detailed breakup and analysis of the infantile spasms therapeutics market based on the distribution channel has also been provided in the report. This includes hospitals, clinics, and others. According to the report, hospitals accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for infantile spasms therapeutics. Some of the factors driving the North America infantile spasms therapeutics market include the presence of several key players, inflating disposable income levels, and the widespread awareness regarding early disease diagnosis and prevention.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global infantile spasms therapeutics market. Detailed profiles of all major companies have also been provided. Some of the companies covered include H. Lundbeck A/S, Mallinckrodt plc, ORPHELIA Pharma, Teva Pharmaceuticals USA Inc. (Teva Pharmaceutical Industries Ltd.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global infantile spasms therapeutics market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global infantile spasms therapeutics market?
What are the key regional markets?
Which countries represent the most attractive infantile spasms therapeutics markets?
What is the breakup of the market based on the therapeutic class?
What is the breakup of the market based on the drug type?
What is the breakup of the market based on the dosage?
What is the breakup of the market based on the route of administration?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end user?
What is the competitive structure of the global infantile spasms therapeutics market?
Who are the key players/companies in the global infantile spasms therapeutics market?
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