The 7 major Dravet syndrome markets reached a value of US$ 375.8 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 796.3 Million by 2034, exhibiting a growth rate (CAGR) of 7.07% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 375.8 Million |
Market Forecast in 2034
|
US$ 796.3 Million |
Market Growth Rate 2024-2034
|
7.07% |
The Dravet syndrome market has been comprehensively analyzed in IMARC's new report titled "Dravet Syndrome Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Dravet syndrome, also referred to as severe myoclonic epilepsy of infancy (SMEI), is an autosomal dominant genetic disease that causes a severe form of epilepsy. The condition is caused by a mutation in the SCN1A gene that affects the function of ion channels in the brain, leading to abnormal electrical activity and seizures. The disease is characterized by prolonged febrile and non-febrile convulsions, along with behavioral disorders, cognitive impairment, and motor deficits. The onset of this condition is usually before one year of age and can include a range of symptoms from mild to severe. Lagged development of motor skills and language, aggression, sleep difficulties, sudden muscle jerking, hyperactivity, difficulty relating to others, growth and balance issues, etc., are common indications of Dravet syndrome. The diagnosis of this ailment typically involves a review of the patient's symptoms, medical history, and imaging scans. The doctor evaluates the age of onset, the type and frequency of seizures, and the presence of developmental delays or cognitive impairment in order to determine whether a patient meets the diagnostic criteria for Dravet syndrome. Magnetic resonance imaging (MRI) and electroencephalogram (EEG) tests are primarily performed to confirm a diagnosis. The healthcare professional may also recommend blood or genetic testing to identify gene mutations associated with Dravet syndrome.
The increasing prevalence of genetic mutations and the rising demand for novel therapies that can effectively control seizures and improve the quality of life for patients are primarily driving the Dravet syndrome market. Furthermore, the escalating utilization of medications, including anticonvulsants and benzodiazepines, to help reduce the incidence and severity of seizures while providing immediate symptom relief is also bolstering the market growth. Besides this, the widespread adoption of vagus nerve stimulation (VNS) as a treatment option for Dravet syndrome, since it assists in the electrical stimulation of the vagus nerve and provides long-term well-being and resilience, is further creating a positive outlook for the market. Additionally, numerous key players are making extensive investments in R&D activities to introduce novel therapies that can improve focal refractory epilepsy among patients. This, in turn, is acting as another significant growth-inducing factor. Moreover, the emerging popularity of cognitive rehabilitation through speech and psychomotor therapy that enhances the balance between the mind and body, thereby easing the physical and developmental limitations, is also augmenting the market growth. Apart from this, the introduction of CBD-based drugs, which work by reducing neuronal excitability and inflammation in the brain, for the treatment of seizures associated with the disease is expected to drive the Dravet syndrome market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the Dravet syndrome market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for Dravet syndrome and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the Dravet syndrome market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current Dravet syndrome marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Epidiolex (Cannabidiol) | GW Pharmaceuticals |
Diacomit (Stiripentol) | Biocodex |
Fintepla (Fenfluramine) | Zogenix |
STK-001 | Stoke Therapeutics |
Soticlestat | Takeda |
Lorcaserin | Eisai Inc |
EPX-100 | Epygenix Therapeutics |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Dravet Syndrome: Current Treatment Scenario, Marketed Drugs and Emerging Therapies