Press release
Immunosuppressant Drugs Market Includes Key Players Like Novartis AG, Accord Healthcare, AstellaPharma, Watson Pharmaceuticals, Genzyme Co., Bristol-Myers Squibb
Immunosuppressant drugs are used to reduce or suppress the strength of body’s immune system. Immunosuppressant drugs are mostly used in organ transplantation procedures and also to treat some autoimmune diseases such as rheumatoid arthritis, psoriasis, multiple sclerosis, and others. Immunosuppressant drugs used in organ transplantation procedure are called as anti-rejection drugs. When an organ is transplanted, the person’s body identifies the transplanted organ as a foreign mass and the immune system will attack it, which, in turn, leads to organ rejection. In order to avoid such situations, immunosuppressant drugs are used to weaken the reaction against foreign organs. Regular blood tests are necessary to monitor the drug’s action on body. Immunosuppressant drugs are very powerful and might cause side effects such as kidney problems, high blood pressure, and liver disorders.Get The Holistic SAMPLE With Research Methodology:
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Rising cases of organ failure and the requirement of organ transplantation are the major factors driving the growth of immunosuppressant drugs market. According to the data published by ONT-WHO Global Observatory On donation and Transplantation, in 2014, around 119,873 organs were transplanted globally and an increase of 1.8% was observed from 2013. Advancements in tissue engineering and transplantation procedures are fuelling the growth of immunosuppressant drugs market. The increase in rate of autoimmune diseases is also one of the important factors contributing to the growth of immunosuppressant drugs market. According to the American Autoimmune Related Disease Association (AARDA), in 2016, there were 50 million people suffering from autoimmune diseases in the United States. Immunosuppressant drugs have proven to be effective for the treatment of autoimmune diseases.
However, some of the major restraints that are expected to hamper the growth of immunosuppressant drugs market include the uncertainty of immunosuppressant drugs action on complex organ transplantations and lack of awareness about these drugs among the patients. Advanced therapies such as stem cell therapy that are used as a substitute for organ transplantation are also projected to hinder the growth of immunosuppressant drugs market over the forecast period.
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