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Global Autoimmune Drugs Market Size, Share, Growth, Industry Trends and Forecast 2020-2030
The global autoimmune drugs accounted approximate USD 124547.2 billion in 2020 and it is expected to reach USD 182880.0 billion by 2030 with a CAGR of 4% during forecast period.Autoimmune disorder is a condition which results destruction of tissue due to overactive immune response of a body working against its own cells. Moreover, in autoimmune condition abnormal antibodies are produced which attack the own body cells and tissues. Additionally, autoimmune drugs weaken the immune system, they suppress this reaction. This helps reduce the impact of the autoimmune disease on the body.
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Market Dynamics and Factors:
Increase in the prevalence of cancer, arthritis and other chronic and acute disease such as rheumatoid arthritis, joint inflammation driving the demand for autoimmune drugs in the market. Additionally, the rising awareness for the treatment, increasing incidences of autoimmune diseases due to urban lifestyle is driving the market for autoimmune drugs. In addition, increasing investment in R&D by the public and private sector for formulating new drugs are driving the market. Moreover, the availability of biosimilars drugs has created potential opportunities for autoimmune drugs market. However, factors such as lack of standard treatment, safety issues and quality issues regarding autoimmune drugs are likely to restrain the market.
Market Segmentation:
Global Autoimmune Drugs Market – By Product Type
B Cell Inhibitors
T Cell Inhibitors
Tumor Necrosis Factor Inhibitors
Interleukin Inhibitors
Immunosuppressants
Beta Interferons
Insulin
Others
Global Autoimmune Drugs Market – By Application
Graves Disease
Rheumatoid Arthritis
Hashimotos Thyroidtis
Vitiligo
Type 1 Diabetes
Others
Global Autoimmune Drugs Market – By End-User
Hospitals
Pharmacy
Others
Global Autoimmune Drugs Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America is dominating the market and is anticipated to maintain same trend during the forecast period. According to research study, North America accounted for approximate 54% market shares in terms of sales of the global autoimmune drugs market in 2018. Additionally, as per the research report published by the National Institute of Health (NIH), U.S. alone accounted approximate 23.5 million people suffers from autoimmune diseases thereby increasing demand for advanced treatment procedures and devices in the region driving the market growth. North America is followed by the Europe. The region is accounted for approximate 30% market share in terms of sales. Asia Pacific is anticipated to fastest growing market with a CAGR of 12.4% and it is expected to maintain same trend during forecast period.
Competitive Scenario:
Some of the key players in global autoimmune drugs market are Johnson & Johnson Ltd., Abbott Laboratories, Active biotech A.B., AbbVie Inc., Novartis A.G., Pfizer Inc., Amgen Inc., Eli Lilly & Co., AstraZeneca Plc., and UCB S.A.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Autoimmune Drugs industry, although key threats, opportunities and disruptive technologies that could shape the Global Autoimmune Drugs Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Autoimmune Drugs Market most.
The data analysis present in the Global Autoimmune Drugs Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Autoimmune Drugs Market business.
The 2021 Annual Global Autoimmune Drugs Market offers:
100+ charts exploring and analysing the Global Autoimmune Drugs Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Autoimmune Drugs Market type
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