Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Immune-Mediated Inflammatory Diseases Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.
Moreover, this Immune-Mediated Inflammatory Diseases market report gives information about historic data, present market trends, environment, technological innovation, forthcoming technologies and the technical progress in the related industry. All this data aids Immune-Mediated Inflammatory Diseases industry to take better steps to get their strategies better to trade goods and services. All this information, facts, and statistics lead to an actionable ideas, improved decision-making and better deciding business strategies. The report provides in detail information about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology. Competitive intelligence included in the report is a further very important aspect that assists businesses top the market.
Data Bridge Market Research analyses a growth rate in the global immune-mediated inflammatory diseases market in the forecast period 2022-2029. The expected CAGR of global immune-mediated inflammatory diseases market tend to be around 6.50% in the mentioned forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The global immune-mediated inflammatory diseases market is expected to witness significant growth during the forecast period. Wide availability of advanced treatment facilities at quite low prices in developing countries, such as India and China, as compared to that in the West is a primary factor boosting the immune-mediated inflammatory disease treatment market in Asia-Pacific. Cardiovascular and respiratory diseases have affected many individuals worldwide, and are the top cause of death among the global population. COVID-19 also had left a major impact on the population and the market growth.
Key Growth Drivers:
- High Prevalence of Arthritis
Its been witnessed that more than 350 million people have arthritis all over the globe. In the U.S., 1 in 4 adults have been reported with arthritis in 2020. It’s estimated to be 78 million by the year 2040. This boosts the market growth.
- Rising Healthcare Expenditure
Since the last few decades, it has been witnessed that global per capita healthcare spending has improved considerably due to the rising rate of awareness associated with the availability of treatments and diagnostic methods for treating various diseases. More and more healthcare spending is likely to result in increasing demand for better diagnostic methods, which in turn, create high growth opportunities for market players operating in treating allergic and asthmatic conditions in the market.
The report outlines the involvement of key players, including:
Pfizer Inc. (U.S.), Abbvie Inc. (U.S.), Novartis AG (Switzerland), Amgen Inc. (U.S.), Boehringer Ingelheim International GmbH. (Germany), Merck & Co Inc. (U.S.), Sun Pharmaceutical Industries Ltd. (India), Teva Pharmaceuticals Industries Ltd. (Israel), AstraZeneca (U.K.), Ampio Pharmaceuticals Inc. (U.S.), Lilly (U.S.), Zydus Group (India), Akorn, Incorporated (U.S.), DAIICHI SANKYO COMPANY, LIMITED (Japan)
Key Market Segmentation
Treatment Type (Traditional Drugs, Biologic Therapies, Novel Therapies), Indication (Asthma, Chronic Obstructive Pulmonary Diseases (COPD), Inflammatory Bowel Disease (IBD), Systemic Lupus Erythematosus (SLE), Rheumatoid Arthritis (RA), Psoriasis, Others), End-Users (Hospitals, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Others)
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