In industrialized and growing nations, the growth of hospital pharmacies for neurology, cardiology, and other illnesses is drawing a huge patient pool suffering from chronic and acute disorders. The pool consists primarily of people suffering from illnesses treated at hospitals with modern infrastructure and suitable resources. The hospital pharmacy category is expected to hold a leading market share. A growing number of hospitals, as well as sufficient reimbursement policies given by these facilities, are some of the key factors responsible for a rising proportion of epilepsy patients being treated in these settings.
This is ultimately responsible for the widespread uptake of antiepileptic drugs by hospital pharmacists. Because of the increased acceptance of epilepsy drugs by these facilities, retail pharmacies are expected to be the fastest-growing category. The availability of epilepsy drugs in pharmacies that are easily accessible to patients will drive Anti-epileptic Drugs Market segmental expansion throughout the projection period.
Lyrica has offered physiologically significant advantages in treating epileptic patients, resulting in rising demand over time and contributing to Pfizer Inc.'s supremacy. Nevertheless, due to the patent expiry of Lyrica in 2019, its share is projected to drop fast since other important competitors have developed Lyrica generics. Several market participants, such as UCB S.A. and Eisai Co., Ltd., have released innovative drugs that have been therapeutically beneficial in managing epilepsy.
When significant medicine patents expire in the future, industry companies are focusing on R&D to produce new as well as generic solutions in the Anti-epileptic Drugs Market. This is expected to benefit the worldwide market since these firms are expected to earn greater market share throughout the forecast period.
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