West Syndrome Market size was over USD 1.05 Billion in 2023 and is likely to reach USD 2.03 Billion by the end of 2036, witnessing around 5.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of west syndrome is assessed at USD 1.1 Billion. The growth of the market can be attributed to the rising prevalence of epilepsy. The World Health Organization (WHO) provided a report stating that nearly 5 million individuals are diagnosed with epilepsy every year worldwide. Epilepsy is one of the most common chronic disorders across the world. It is a non-communicable disease that affects the central nervous system and causes physical impairment of the body. The recurrent seizures cause discomfort in movement eventually leading to paralysis. It is mainly caused by brain damage, head injury, absence of oxygen, brain infection, brain tumor, meningitis, encephalitis, and neurocysticercosis.
Global west syndrome market trends such as growing awareness of west syndrome in the global population and rising healthcare expenditure are projected to influence the growth of the market positively over the forecast period. In a report published by the World Bank, it was stated that in 2019, the healthcare expenditure reached 1,121.9 per capita. West syndrome is a serious medical condition with a drastically irregular pattern of brain waves which is also known as hypsarrhythmia. West syndrome also includes features such as infantile spasms and loss of developmental milestones. Moreover, spiking R&D spending on neurological illnesses and the rising inclination of the global population toward novel therapies are further anticipated to propel the growth of the market over the forecast period.
Author Credits: Radhika Pawar
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