Idiopathic Pulmonary Fibrosis Treatment Market Report 2022, Generate New challenges and Opportunities with Top Company Profiles – Biogen, Boehringer Ingelheim, Bristol-Myers Squibb, Cipla

Idiopathic pulmonary fibrosis (IPF) is a chronic lung disease characterized by a progressive and irreversible decrease in lung function, in which the walls of the air sacs (called alveoli) become thickened and damaged. Common symptoms count fatigue, sticky nails shortness of breath, and dry cough. Some other symptoms are joint pain, muscle pain, and weight loss. Further complications count pneumonia, pulmonary embolism, heart failure, and high blood pressure.

Some of the key factors that can cause lung damage count charcoal dust, hard metal dust, asbestos fibres, environmental factors such as silica dust, Epstein-Barr virus, herpes zoster virus, and gastrointestinal acid reflux. Treatments for idiopathic pulmonary fibrosis (IPF) count lung transplantation, symptom management, pulmonary rehabilitation, and oxygen therapy. Prescribed antifibrotic drugs are nintendetinib and pirfenidone.

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Market Drivers:

The growing geriatric population is likely to significantly increase the size of the global idiopathic pulmonary fibrosis treatment market. According to a 2015 report by the National Institutes of Health (NIH), symptoms of IPF appear in the U.S. between the ages of 50 and 70. Furthermore, the increasing prevalence of idiopathic pulmonary fibrosis is also likely to drive market growth. The incidence of idiopathic pulmonary fibrosis is 13-20 per 100,000 people worldwide, according to NIH 2015 estimates.

Smoking is thought to be another reason of idiopathic pulmonary fibrosis. According to the Centres for Disease Control and Prevention (CDCP), in 2017, there were approximately 1 billion smokers worldwide. The availability of antifibrotic drugs like Pirfenidone (Esbriet) and Nintedanib (Ofev) IPF is likely to increase the revenue of the global idiopathic pulmonary fibrosis treatment market significantly. Esbriet’s worldwide sales in 2016 were US $ 753 million, according to F. Hoffmann-La Roche AG’s annual report.

Market Restraints:

Lack of availability and awareness of appropriate treatment is likely to obstruct the growth of idiopathic pulmonary fibrosis market. 54% of patients in Europe do not receive any antifibrotic treatment, according to a 2017 report by the National Center for Biotechnology Information (NCBI).

Furthermore, the misdiagnosis of IPF is likely to hamper the size of the global idiopathic pulmonary fibrosis treatment market. For example, according to Multidisciplinary Respiratory Medicines (MRM), about 50% of IPF cases misdiagnosed for other lung diseases in 2012 in the U.S. High costs linked with the treatment of idiopathic pulmonary fibrosis are also likely to obstruct growth of market. For example, the treatment for idiopathic pulmonary fibrosis costs US $ 100,000 annually, according to data published in the American Journal of Managed Care (AJMC) in 2014.

Regional Analysis:

Due to the increasing incidence of idiopathic pulmonary fibrosis, North America dominated the idiopathic pulmonary fibrosis market in 2017. According to the NIH, 2015, about 100,000 people are affected by IPF and the U.S. About 30,000 to 40,000 new patients are diagnosed with the disease each year. Furthermore, the increasing approval of new drugs is likely to boost the global idiopathic pulmonary fibrosis treatment market in this area. For example, in 2015, Prometic Life Sciences Inc. To U.S. The first orphan drug for PBI-4050 was approved by the Food and Drug Administration (FDA). Similarly, in 2017, plasminogen (Riplasim) was introduced in the U.S. It was approved by the FDA as an orphan drug.

Europe was the second largest region in the global idiopathic pulmonary fibrosis treatment market in 2017, due to the growing coverage of IPF in the region. In 2015, for example, the European Pulmonary Fibrosis Patient Charter registered about 80,000 to 111,000 people suffering from IPF, and 30,000 to 35,000 patients are diagnosed with the disease each year in Europe. The Asia-Pacific Idiopathic Pulmonary Fibrosis market is likely to grow significantly in the forecast period, as the number of people addicted to smoking in the region continues to grow. In 2017, for example, more than 30% of the world’s smokers were reported in Asia Pacific, according to World Bank figures.

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Market Segmentation:

On the basis of Drug Type:

• Nintedanib
• Pirfenidone

On the basis of Formulation:

• Soft Capsules
• Tablets

On the basis of Distribution Channel:

• Online Pharmacy
• Retail Pharmacy
• Hospital Pharmacy

On the basis of Region:

• Africa
• Middle East
• Asia Pacific
• Europe
• Latin America
• North America

Competitive Landscape:

Key players performing in the global idiopathic pulmonary fibrosis treatment market are Prometic Life Sciences Inc., Promedior, Inc., Merck & Co., Inc., MediciNova, Inc., Galapagos NV, FibroGen, Inc., F. Hoffmann-La Roche, Cipla, Bristol-Myers Squibb Company, Boehringer Ingelheim, and Biogen.

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➡Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region .

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Idiopathic Pulmonary Fibrosis Treatment Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Idiopathic Pulmonary Fibrosis Treatment Industry Impact

Chapter 2 Global Idiopathic Pulmonary Fibrosis Treatment Competition by Types, Applications, and Top Regions and Countries
2.1 Global Idiopathic Pulmonary Fibrosis Treatment (Volume and Value) by Type
2.3 Global Idiopathic Pulmonary Fibrosis Treatment (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Idiopathic Pulmonary Fibrosis Treatment Sales, Consumption, Export, Import by Regions
Chapter 5 North America Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 6 East Asia Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 7 Europe Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 8 South Asia Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 9 Southeast Asia Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 10 Middle East Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 11 Africa Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 12 Oceania Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 13 South America Idiopathic Pulmonary Fibrosis Treatment Market Analysis
Chapter 14 Company Profiles and Key Figures in Idiopathic Pulmonary Fibrosis Treatment Business
Chapter 15 Global Idiopathic Pulmonary Fibrosis Treatment Market Forecast (2021-2028)
Chapter 16 Conclusions
Research Methodology….

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