Research Nester published a report titled “West Syndrome Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers a detailed overview of the global west syndrome marketin terms of market segmentation by product type, administration route, treatment, distribution channel, end-user, by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market.

The global west syndrome market is projected to grow at a CAGR of ~5% by attaining robust revenue during the forecast period, i.e., 2023 – 2033. Rising cases of epilepsy are anticipated to propel the growth of the market during the forecast period. Based on the data provided by the World Health Organization (WHO), it was observed that about 5 million people are diagnosed with epilepsy annually. Additionally, the increasing prevalence of drug seizures is further estimated to propel the market growth over the forecast period. For instance, around 5500 drug seizures occurred per million inhabitants in 2022-21 solely in London.

Additionally, by product type, the global west syndrome market is segmented into solid dosage (tablet and capsule), and liquid dosage (injectable and others). Out of these sub-segments, the solid dosage segment is estimated to obtain the largest share in the market during the forecast period. The growth of the segment can be accounted to the growing consumption of medicine worldwide. As of 2021, the total spending on medicine was estimated to be around USD 1 trillion. 

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Furthermore, the global west syndrome market, by region, is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Out of these regions, the market in the North America region is estimated to grow at a rapid pace over the forecast period on the back of the spiking number of people living with traumatic brain injuries. In 2020, traumatic brain injuries accounted to cause over 60,000 deaths in the United States.

The research is global in nature and covers a detailed analysis of the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.

Increment in the Traumatic Brain Injuries Cases to Foster the Growth of the Market

In 2019, approximately 200,000 people were hospitalized while about 62,000 people lost their lives on account of traumatic injuries.

Traumatic brain injury (TBI) is a condition that can affect brain functionality negatively in various ways. These injuries are divided into two categories, closed and penetrating brain injuries. Traumatic brain injury (TBI) is also considered to be a major cause of death in the United States. Therefore, such factors are anticipated to propel the growth of the market during the forecast period.

However, the shortage of requisite equipment and skilled medical professionals is expected to operate as a key restraint to the growth of the global west syndrome market over the forecast period.

This report also provides the existing competitive scenario of some of the key players in the global west syndrome market which includes company profiling of Marinus Pharmaceuticals, Inc., SK Biopharmaceuticals Co., Ltd., Alkem Laboratories Ltd., Supernus Pharmaceuticals, Inc., Eisai Co., Ltd., Abbott Laboratories, Upsher-Smith Laboratories, LLC., Pfizer Inc., H. Lundbeck A/S, UCB S.A. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global west syndrome market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.     

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