The Global Dermatomyositis Drug Market size is estimated to be valued at US$ 773.7 million in 2022 and is expected to exhibit a CAGR of 4.3% between 2022 and 2030. Key players in the market are concentrating on R&D for the treatment of dermatomyositis, which is projected to fuel growth during the forecast period, according to key industry trends. For instance, in May 2022, topline results from the PRESIDIO Phase 2 clinical trial of zetomipzomib (KZR-616) in patients with dermatomyositis were released by Kezar Life Sciences, Inc., a clinical-stage biotechnology company discovering and developing ground-breaking treatments for immune-mediated and oncologic disorders (DM).
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Key industry stakeholders were affected by the COVID-19 pandemic’s significant disruptions to clinical trial execution in the United States. Sponsors, CROs, and other drug development-related businesses have transitioned to remote working arrangements. More recently, follow-up investigations conducted in August 2020 have found that the COVID-19 pandemic continues to have an impact, with over 60% saying that the impact is average or larger.
The U.S. FDA recently stated that the impact of COVID-19 may require organisations conducting clinical trials to explore virtual patient visits or implement new processes in lieu of existing protocols. As a result, there are additional possibilities for using remote healthcare, such as running virtual or decentralised studies, using site-less clinical trials, or using other unconventional strategies that do not require in-person visits.
Additionally, rising dermatomyositis prevalence is anticipated to support the expansion of the worldwide dermatomyositis drug market throughout the forecast period. For instance, the National Center for Biotechnology Information reported that estimates for the incidence rates of dermatomyositis (DM) in Africa in 2020 were 7.5/1,000,000 person-years and 1.2/1,000,000 person-years, respectively.
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Due to rising inorganic growth strategies by key companies for the treatment of dermatomyositis, which is anticipated to fuel market growth, the worldwide dermatomyositis medication market is anticipated to reflect a CAGR of 4.3% during the forecast period. A commercial licence option agreement for its IFN Kinoid vaccine to treat lupus and dermatomyositis in China was signed by Neovacs, a pioneer in active immunotherapy for the treatment of autoimmune diseases, and BioSense Global LLC, a biopharmaceutical company. The agreement was valued at up to €65 (US$66) million in upfront and milestone payments, excluding double-digit sales royalties.
Due to the rising hospitalisation rates linked to dermatomyositis, the hospital pharmacy segment is anticipated to have a dominating position in the worldwide dermatomyositis drug market over the forecast period. For instance, the American College of Rheumatology reported in November 2019 that a total of 160,528 individuals with a diagnosis of dermatomyositis were admitted to hospitals in the year 2019. There were 68.7% females and a mean age of 58.0 years.
Due to increased investment for dermatomyositis research, Asia Pacific is predicted to have the highest CAGR among the regions in the global dermatomyositis drug market over the forecast period. For instance, in July 2019, Jenny and Bruce Pryor donated $10 million to the Australian National University to study dermatomyositis.
F.Hoffman-La Roche Ltd., Pfizer Inc., 77Eli Lilly and Co, Teva Pharmaceuticals USA, Inc., Apotex Inc, Hikma Pharmaceuticals PLC, Alkem Laboratories Ltd, Asahi Kasei Corporation, Zydus Cadila, Octapharma USA, and Healthcare Pharmaceuticals Limited are significant market participants in the dermatomyositis drug market.
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Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Drug Type
- Market Snapshot, By Route of Administration
- Market Snapshot, By Distribution Channels
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Regulatory Scenario
- Market Trends
- Key Developments
- Epidemiology
- PEST Analysis
- Collaboration and Acquisition
- Porters Analysis
- Pipeline Analysis
- Market Dynamics
- Global Dermatomyositis Drug Market – Impact of Coronavirus (COVID-19) Pandemic
- Economic Impact
- Impact on Demand and Supply
- COVID-19 Impact Assessments
- Global Dermatomyositis Drug Market, By Drug Type, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Corticosteroids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Immunosuppressive Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Introduction
- Global Dermatomyositis Drug Market, By Route of Administration, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Oral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Topical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Introduction
- Global Dermatomyositis Drug Market, By Distribution Channel, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Hospital Pharmacy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Retail Pharmacy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Online Pharmacy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Introduction
- Global Dermatomyositis Drug Market, By Region, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2030
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Drug Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route of Administration, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Drug Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route of Administration, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Drug Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route of Administration, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Drug Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route of Administration, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Drug Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route of Administration, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Drug Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route of Administration, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017-2030,(US$ Mn)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- Pfizer Inc.*
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Teva Pharmaceuticals USA, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Hikma Pharmaceuticals PLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Asahi Kasei Corporation.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Octapharma USA
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Healthcare Pharmaceuticals Limited.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Zydus Cadila
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Alkem Laboratories Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Apotex Inc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Eli Lilly and Co
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Hoffman-La Roche Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Pfizer Inc.*
- Section
- Research Methodology
- About us
About Coherent Market Insights
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