Rise in autoimmune disorders, and increase in demand for organ transplantation propels the growth of the global immunosuppressant market. North America held the highest share in 2018.
As per the report published by Allied Market Research, the global Immunosuppressants industry was estimated at $13.89 billion in 2018 and is expected to hit $42.51 billion by 2026, registering a CAGR of 14.7% from 2019 to 2026. The report offers an extensive analysis of top winning strategies, drivers & opportunities, key investment pockets, market size & share, key segments, and competitive landscape.
Rise in autoimmune disorders, and increase in demand for organ transplantation propels the growth of the global immunosuppressant market. On the other hand, lack of awareness toward organ transplantation hampers the growth to certain extent. However, various growth prospects in emerging economies are expected to provide opportunities for the key players in the industry.
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On the basis of drug class, the calcineurin inhibitors segment accounted for nearly one-third of the global immunosuppressant market share in 2018, and is expected to dominate throughout the study period. In addition, the segment is also anticipated to grow at the fastest CAGR of 16.2% by 2026. This is attributed to increased adoption of these drugs during organ transplantation.
Based on indication, the autoimmune disorders segment contributed to nearly half of the global immunosuppressant market revenue in 2018, and is expected to rule the roost from 2019 to 2026. This is due to rise in prevalence of autoimmune disorders such as arthritis. On the other hand, the organ transplantation segment would manifest the fastest CAGR of 15.5% by 2026. Rise in use of these drugs during organ transplantation has boosted the growth of the segment.
Based on geography, North America held the highest share in 2018, generating more than two-fifths of the global immunosuppressant market. This is due to increase in incidence of auto-immune disorders in this region. However, the region across LAMEA would cite the fastest CAGR of 16.7% during the estimated period. Increase in healthcare expenditure, rise in disposable incomes, and government regulations toward making immunosuppressant drugs available for patients contribute to the market growth.
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Scope of the Report:
|Market size available for years||2019 – 2026|
|Base year considered||2020|
|Forecast period||2019 – 2026|
|Forecast units||Value (USD)|
|Segments covered||By Drug class, By Indication, By Distribution Channel, By Region|
|Geographies covered||North America, Europe, Asia-Pacific, LAMEA|
The key market players discussed in the research include GlaxoSmithKline Plc., Pfizer, Astellas Pharma, Inc., Intas Pharmaceuticals Ltd., Johnson & Johnson, Bristol Myers Squibb, Mylan Laboratories Inc., F. Hoffmann La Roche Ltd, Sanofi S.A, Novartis AG, Inc.
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