Global Dravet Syndrome Treatment Market 2018-2022 - Advances in Biomedical Sciences to Boost Demand - Technavio

October 4, 2018

LONDON--(BUSINESS WIRE)--Oct 4, 2018-- analysts forecast the global Dravet syndrome treatment market to grow at a CAGR of over 8% during the forecast period, according to their latest market research report.

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Technavio analysts forecast the global Dravet syndrome treatment market to grow at a CAGR of over 8% by 2022. (Photo: Business Wire)

The advances in biomedical sciences are one of the major trends being witnessed in the . The advances in science and the introduction of nanotechnologies in the global pharmaceutical market have revolutionized the development of medicines. The better understanding of the pathogenesis of disease at genetic and molecular level led to the discovery of new targets for therapy, thus producing disease-modifying drugs.

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According to Technavio analysts, one of the key factors contributing to the growth of the global Dravet syndrome treatment market is the rising strategic alliances:

Global Dravet syndrome treatment market: Rising strategic alliances

Several pharmaceutical companies are working together to develop the drugs for the treatment of the Dravet syndrome. For instance, in January 2017, Takeda Pharmaceutical and Ovid Therapeutics formed a global collaboration to focus on the clinical development and commercialization of Takeda Pharmaceutical’s TAK-935, a novel, and selective CH24H inhibitor, for rare pediatric epilepsies including Dravet syndrome.

According to a senior analyst at Technavio, “Takeda pharmaceutical will lead the commercialization in Japan and has the option to lead in Asia and other selected countries. Ovide Therapeutics will drive the clinical development and commercialization of TAK-935 in the US, Europe, Canada, and Israel. Such alliances help companies to consolidate their position, extend their geographical reach, and extend their product line offerings.”

Global Dravet syndrome treatment market: Segmentation analysis

The global Dravet syndrome treatment market research report provides market segmentation by product (second-generation drug (SGD), third-generation drug (TGD), and first-generation drug (FGD)) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the major products, the second-generation drug segment held the largest market share in 2017, contributing to over 44% of the market. This product segment will dominate the global market throughout the forecast period.

The Americas held the largest share of the market in 2017, accounting for close to 49% share, followed by EMEA and APAC respectively. The dominance of the region can be due to the product approvals in the US and an increase in funding from various organizations for the development of new drugs.

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Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

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SOURCE: Technavio Research

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