Autoimmune Disease Treatment Market Driven by Rapid Transformation in Healthcare Sector till 2026 Said By Global Players Pfizer, Inc., Johnson & Johnson, Abbott Laboratories, GlaxoSmithKline plc., Eli Lilly and Company etc.
According to National Institute of Health (NIH), there were approximately 23.5 million American’s suffering from an autoimmune disease in 2012. Moreover, Department of Health and Human Services, in 2017, reported that autoimmune disease (AID) is ranked first in the top ten list of popular health topics. Autoimmune disease has a severe impact on a health, which may lead to various complications in different part of the body, such as heart, brain, kidneys, glands, and nerves. Increasing rate of autoimmune disease is mainly due to genetic and environmental factors, which include dietary components, toxic chemical, and infections. Autoimmune diseases include inflammatory bowel diseases (IBD), rheumatic arthritis (RA), multiple sclerosis (MS), celiac disease (CD), hepatitis, autoimmune thyroiditis (AT), systemic lupus erythematous (SLE) and type 1 diabetes (IDDM). According to International Journal of Celiac Disease, in 2015, stated that the environmental factors are strongly related to cause autoimmune diseases, which include infections, ecology, and nutrition.Diagnosis of AID is challenging due to lack of basic knowledge about disease pattern, to identify treatments, and design clinical trials. Increasing awareness among the population about autoimmune diseases and its complications is expected to contribute towards the growth of autoimmune disease treatment market.
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Advanced approaches for the treatment of AID is expected favor the growth of autoimmune disease treatment market
Innovation in the treatment of AID is expected to augment the autoimmune disease treatment market. For instance, researchers at the Perelman School of Medicine in 2016, found a way to target a specific subset of antibody, which is responsible for the activation of pemphigus vulgaris (PV) autoimmune disease. The researchers designed chimeric autoantibody receptor therapy (CAART) that can be used to treat this disease without harming the healthy immune system.
Moreover, researchers at the Cumming School of Medicine in 2016, developed a new class of Nano-medicine to treat diseases, specifically type 1 diabetes, multiple sclerosis, and rheumatoid arthritis without compromising immunity. This Nano-medicine is currently being developed at Parvus Therapeutics, Inc., and is funded by Innovate Calgary.
Advancements in research are providing new options for treatment of autoimmune diseases. For instance, StemGenex Medical group registered with National Institute of Health (NIH) in June 2017, to provide stem cell therapy for five different diseases, which include multiple sclerosis, Parkinson’s disease, Rheumatoid arthritis, chronic obstructive pulmonary disease, and osteoarthritis. Moreover, the American Autoimmune Related Diseases Association, Inc. (AARDA) in 2016 conducted a study on potential cause of AID and its treatment by using genetic element (reteroelements) as LINE-1. However, the findings of the studies are not confirmed yet.
Key players operating the global autoimmune disease treatment market include,
• Johnson & Johnson
• Abbott Laboratories
• F. Hoffmann-La Roche Ltd.
• Active Biotech
• GlaxoSmithKline plc.
• Eli Lilly and Company
• AutoImmune Inc.
• Pfizer, Inc.
• AstraZeneca plc.
• Lupin Limited
• 4SC AG
• Amgen, Inc.
• Bristol-Myers Squibb
Global Autoimmune Disease Treatment Market Taxonomy –
By Disease Types –
• Systemic
• Organ-specific
By Drug Type –
• Immunosuppressant’s
• Anti-Inflammatory Drugs
• Corticosteroids
• Nonsteroidal anti-inflammatory drugs
• Others
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