The latest market report published by Credence Research Ltd. “ Autoimmune treatment market – Growth, Sharing, chances Pipeline Analysis, Competitive Analysis and Forecast, 2016 – 2022″, the autoimmune disease treatment market was evaluated in 2015 to USD 40,944.9 Mn and is expected USD 52,456.3 Mn of 2022, expanding at a CAGR of 3.53% from 2016 to 2022 to achieve.
Market Insights:
After American Autoimmune Related Diseases Association (AARDA), autoimmune diseases are caused by functional turbulence caused immune system. Autoimmune reactions occur when the immune system produces autoantibodies that attack and destroy healthy tissue in the body rather than pathogens. These autoantibodies cause inflammation, pain and organ damage.
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Autoimmune disease is one of the top 10 leading causes of death among girls and women in all age groups up to 64 years. A close genetic relationship between autoimmune disease, explains clustering in individuals and families, as well as a common way the disease. The currently available treatment includes chemical-based drugs such as immunosuppressant corticosteroids and NSAIDs. Biological drugs are called the most developing segment of autoimmune diseases treatment market due to target-specific activity, fewer side effects and a high patient compliance considered chemicals compared to based drugs. Among the main factors supporting the development of autoimmune diseases treatment market increasing prevalence of autoimmune diseases associated with growing public awareness that health spending in the developed and the developing regions are rising and developing technology laboratories rapidly lead to diagnosis of autoimmune diseases. On the other hand, not enough funds in the emerging markets and the high costs in the treatment of the disease involved, hindering the market growth of autoimmune diseases treatment.
Pipeline Analysis :
Pipeline of autoimmune diseases is dense and consists of a combination of chemical-based and biological drugs. However, the number is. Of biological molecules is in Phase III clinical trials compared to chemically-based drugs. There are more than 80 types of clinical various autoimmune diseases. Some of the most common types of autoimmune diseases are Hashimoto’s thyroiditis, type I diabetes, Crohn’s disease, multiple sclerosis, rheumatoid arthritis, ankylosing spondylitis, systemic lupus erythematosus and psoriasis. We sales on the type (chemical or biological basis), the prevalence of the disease, a sponsor based on very specific molecules have estimated represented by leading market experts and other factors peak sales.
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Key market movements:
rising prevalence of autoimmune diseases in developed and developing countries
Age plays crucial role in autoimmune diseases and aging of the population in developed countries is expected that the market increase
is high public awareness to support the autoimmune disease diagnostics market and finally the treatment market
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