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Infantile Spasm Treatment Market Analysis By Product Type (Vigabatrin, Adrenocorticotropic Hormone, Phase III), By Route of Administration(Oral, Parenteral, Others) & Forecast

  • PUBLISHED ON
  • 24/03/2023
  • NO OF PAGES
  • 265
  • CATEGORY
  • Healthcare & Life Sciences
Market Overview:
The global infantile spasm treatment market size was valued at USD 150 million in 2021 and is projected to reach around USD 200 million in 2030 exhibiting a CAGR of 3.0% in the forecasted period. The key factors impacting the industrial growth include the increase in the prevalence of infantile spasms, product innovation, growing number of births, advancement in technology, growing healthcare expenditure and growing government initiatives which would benefit the market grow considerably during the forecasted period. Moreover, upsurge in the research and development activities and pipelines drugs will offer favourable opportunities for the infantile spasms treatment market in the forecasted period. However, the high cost of treatment, lack of proper diagnosis, complications associated with the disease and strict regulations for drug approval may obstruct the industrial growth in the commenced period.
An infantile spasm, also called as a West syndrome, is an unusual seizure disorder that happens in an epilepsy syndrome of infancy and childhood. The beginning of infantile spasm usually happens in the first year of life between four months and eight months of age. The illness is usually witnessed in 2% of childhood epilepsies and 25% of epilepsies that start in the first year of life. Nearly 2,000-4,000 new cases are recognized in the U.S. yearly. Approximately 50%-70% of infantile spasms patients are impacted by other types of seizures, although almost 18%-50% grow either Lennox-Gastaut syndrome or other forms of symptomatic generalized epilepsy. There are only two FDA-approved medical treatment options accessible in the market-adrenocorticotropic hormone and vigabatrin.

The growing scientific advancements in the treatment for infantile spasms are the major factor that contributes to the market growth. For instance, due to advancements in technology, a seizure alert device has been developed that helps discover seizures and warns the physician through phone calls, alarms, or text messages. These innovations aid in early diagnosis by physicians, which surges the life expectation of patients. Exact diagnosis of infantile spasms benefits the physician make precise decisions to recommend a suitable treatment regimen, thus enlightening the efficacy of the treatment. These innovative technologies also help reduce the undiagnosed population, thereby enhancing the penetration rate of infantile spasm drugs. Furthermore, there are various awareness programs conducted by the government and private organizations to decrease the number of undiagnosed cases. Nevertheless, factors such as low success rate could hinder the growth of the infantile spasms treatment market.
The coronavirus (COVID-19) pandemic has diseased nearly every business in the world, containing machinery manufacturing. Numerous countries such as India, Italy, and China have enforced national lockdowns to combat the COVID-19 pandemic, enabling it in stages and over industry. This has ensured a major consequence on machinery manufacturing, as factories all across the world have been momentarily shut down.

Route of Administration Insights
Based on the route of administration, the global infantile spasm treatment market is bifurcated into oral, parenteral, others. The parenteral segment accounted for the maximum market share throughout the forecasted period and will continue to dominate the infantile spasms therapeutics market. The key provider to this governance is the inclination of this method of drug administration by physicians when continued action of the drug is necessary. In the parenteral ROA, the drugs are usually managed via subcutaneous, intravenous, intrathecal, or intramuscular routes; drugs provided via this route are immersed rapidly, and the onset of action is fast. This factor will upsurge the infantile spasms treatment market size.

Region Insights
North America holds important position in the global infantile spasm treatment market, owing to growing adoption of infantile spasms treatment procedures and large scale research and development activities in this area. For instance, INSYS Therapeutics developed Cannabidiol, Oral Solution for infantile spasm that is in phase III clinical trial. The reoccurrence of infantile spasm is a major part that upsurges the market growth.
Asia-Pacific is anticipated to grow during the forecast period owing to the growing research and development investments, increasing investment in the healthcare sector, existence of large target patient pool, upsurge in the disposable income and increasing government support.

Key Companies Insights
The market for infantile spasm treatment is moderately competitive. With the rising applications of infantile spasm treatment, new players are considering to enter the market. The companies are also involved in events like acquisitions, joint ventures, partnerships, mergers, and collaborations. These activities aid in growing the effect of the players in the infantile spasm treatment market, ultimately boosting the market growth.

Some of the key companies working in the global infantile spasm treatment market include:
• H. Lundbeck A/S
• Mallinckrodt Pharmaceuticals
• Catalyst Pharmaceuticals
• GW Pharmaceuticals plc
• Retrophin, Inc.
• Valerion Therapeutics
• Orphelia Pharma SA
• Insys Therapeutics, Inc.
• Anavex Life Sciences Corp.
• Other players

Some of the Recent Developments:
• In October 2012, INSYS Therapeutics manufactured Cannabidiol, Oral Solution for infantile spasm, which is under phase III clinical trial. The reoccurrence of infantile spasm is a major feature that boosts the market growth.

Segments
By Product Type
• Vigabatrin
• Adrenocorticotropic Hormone
• Phase III

By Route of Administration
• Oral
• Parenteral
• Others

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt

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