Press release
Autoimmune Disease Treatment Market Outlook by 2023 | Along With Abbott Laboratories, Amgen Inc., Genentech Inc., Bayer, Etc Top Players
Analysis Showing that the Autoimmune Disease Treatment Market is expected to grow at a CAGR 11.2% during the forecast period of 2017-2023. An autoimmune disorder occurs when the body’s immune system is unable to differentiate between own cells and foreign cells, which causes the body to mistakenly attack normal cells. The most common autoimmune disease symptoms include abdominal pain, recurring fever, swollen glands, fatigue, and joint pain, swelling, and skin problems.Various other factors such as technological advancements, unmet medical needs, increasing government assistance, rising prevalence of co-existing disorders, improving regulatory framework, improving funding and reimbursement policies, and increasing adoption rate, are continuously contributing towards the growth of the global autoimmune disease treatment market.
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Key Players of Autoimmune Disease Treatment Market
Some of key the players in the Global Autoimmune Disease Treatment Market are Abbott Laboratories, Amgen Inc., Genentech Inc., Bayer Schering Pharma AG, Biogen Idec Inc., Bio-Rad, Chugai Pharmaceutical Co. Ltd., Danaher, Elan Corporation Plc, Eli Lilly and Company, F. Hoffmann-La Roche AG, GlaxoSmithKline Plc, HYCOR Biomedical, Johnson & Johnson Inc., Merck & Co. Inc., Siemens, Squibb Company, Thermo Fisher Scientific, and others.
Segmentation of Autoimmune Disease Treatment Market
The Global Autoimmune Disease Treatment Market is segmented on the basis of disease type, diagnosis, therapeutic products, and distribution channels.
On the basis of the disease type, the market is classified as localized, and systemic. The localized segment is further classified into multiple sclerosis, inflammatory bowel disease, diabetes, and other. The systemic segment is further classified into rheumatoid arthritis, psoriasis, lupus, and others.
On the basis of the diagnosis, the market is classified as ELISA, dot blot, line blot, agglutination, double immune diffusion, western blotting, multiplex immunoassay, and others.
On the basis of the therapeutic products, the market is classified as drugs, and therapeutic and monitoring equipment. The drugs segment is further segmented into biologics, immunosuppressant, anti-inflammatory drugs, corticosteroids, and non-steroidal anti-inflammatory drugs.
On the basis of the distribution channel, the market is segmented into hospitals & clinics, diagnostic centers, drug stores, pharmacies, and others.
Regional Analysis of Autoimmune Disease Treatment Market
The Americas dominate the Autoimmune Disease Treatment Market owing to the rising cases of autoimmune diseases, and high healthcare expenditure. As per the data suggested by Centers for Disease Control and Prevention in 2015, the total healthcare expenditure in the U.S. was reported to be USD 3.2 trillion, whereas, hospital care accounted for a share of 32.3%.
Europe holds the second position in the autoimmune disease treatment market. It is expected that the financial support provided by the government bodies for research & development and amendments in reimbursement policies in the healthcare is likely to drive the European market Owing to a huge patient pool and developing healthcare technology.
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Asia Pacific is the fastest growing Autoimmune Disease Treatment Market. Healthcare expenditure is also found to be escalating in various Asia Pacific countries.
The Middle East & Africa holds the lowest market due to poor medical facilities, and lack of technical knowledge.
Some Brief Table Of Contents
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
TOC Continued…
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