Press release
Global Sarcoidosis Drug Market 2019 Analysis: Merck & Co., Inc, Novartis AG, PharmaIN, Corp., Adaptimmune Therapeutics plc., Epizyme, Inc., Advenchen Laboratories, LLC
Sarcoidosis Drug Market
Global Sarcoidosis Drug Market By Type (Pulmonary Sarcoidosis, Ocular Sarcoidosis, Neurosarcoidosis, Cardiac sarcoidosis, Musculoskeletal Sarcoidosis, Cutaneous Sarcoidosis, Renal Sarcoidosis, Hepatic Sarcoidosis, Sarcoidosis of the Spleen and Bone Marrow), Mechanism of Action (Corticosteroids, Immunosuppressants, Antimalarial, Tumor Necrosis Factor-Alpha (TNF-alpha) Inhibitors), Drug Type, End- Users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends & Forecast to 2026
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Global sarcoidosis drug market is rising gradually registering a CAGR of 4.1% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of patients, growing prevalence of sarcoidosis and number of research undertaking and funding to control the rising prevalence of this disease, changing lifestyle, advancements in the health care industry and rising per capita income in emerging markets.
Some of the major players operating in global sarcoidosis drug market are Relief therapeutics holding SA, Firststring research, Bellus health, Araim Pharmaceuticals, Inc., Merck & Co., Inc, Novartis AG, PharmaIN, Corp., Adaptimmune Therapeutics plc., Epizyme, Inc., Advenchen Laboratories, LLC, Fresenius Umwelttechnik GmbH, Horizon Therapeutics plc, Johnson & Johnson Services, Inc, Pfizer Inc, Mallinckrodt LLC are some key market players.
Market Definition:
Sarcoidosis is a rare inflammatory disease that causes small granulomas in the multiple organs of the body mainly lungs, lymph nodes and skin where the nodules are filled with inflammatory cells. The person with sarcoidosis initially experiences fatigue, swollen lymph nodes, weight loss, pain and swelling in joints, reddish bumps or patches on the skin or under the skin.
According to the America’s population based study in the year 2010-2013, around 29,372 adult patients with sarcoidosis were reported. 14,700 of these were 55 years of age at the time of diagnosis. For African Americans the incidence rate is higher, 17.8 and 141.4 per 100,000 respectively, for Asians (3.2 and 18.9), white peoples (8.1 and 49.8) OR Hispanics (4.3 and 21.7). The incidence rate of having sarcoidosis in women is two times higher than men. Afro-American women have the highest sarcoidosis prevalence of 178.5.
Market Drivers
The increasing awareness and concerns regarding the health of patients is driving the market growth
Growing prevalence of sarcoidosis is acting as a catalyst for the market growth
Number of research undertaking and funding to control the rising prevalence of this disease is encouraging its market growth
Advancements in the health care industry and rising per capita income in emerging markets is accelerating the market growth
Market Restraints
Large number of side effects of available drugs is hindering the market growth
Effective treatment is either unavailable or unaffordable is hampering the market growth
Lack of awareness among the patient and physician about sarcoidosis is restraining the market growth
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Segmentation:
By Type
Pulmonary sarcoidosis
Ocular sarcoidosis
Neurosarcoidosis
Cardiac sarcoidosis
Musculoskeletal sarcoidosis
Cutaneous sarcoidosis
Renal sarcoidosis
Hepatic sarcoidosis
Sarcoidosis of the spleen and bone marrow
By Mechanism of Action Type
Corticosteroid
Immunosuppressants
Antimalarial
Tumor necrosis factor-alpha (TNF-alpha) inhibitors
By Drug Type
Corticotropin
Chloroquine
Dexamethasone
Colchicine
Prednisoe
Methotrexate
Hydroxychloroquine
Azathioprine
Deltason
By Stages Type
Stage 0 (no pulmonary sarcoidosis): no sign of granulomas in the lungs or lymph nodes
Stage 1 (lymphadenopathy): granulomas present in the lymph nodes only
Stage 2 (lymphadenopathy and pulmonary infiltrates): granulomas present in both the lymph nodes and lung
Stage 3 (pulmonary infiltrates): granulomas present in the lungs only
Stage 4 (pulmonary fibrosis): scarring of the lung tissue and permanent damage
By Route of Administration
Oral
Inhaled
Intravenous
Subcutaneous
By End users
Hospitals
Homecare
Specialty Clinics
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In December 2018, aTyr Pharma, Inc. announced that ATYR1923 drug which is designed to evaluate safety, tolerability and immunogenicity is under Phase 1b/2a of clinical trial for the treatment of pulmonary sarcoidosis and improving care for sarcoidosis patients.
In July 2016, Abbvie Inc. received approval for the drug Humira (adalimumab) which is efficient in minimizing the symptoms of sarcoidosis. Humaira is injected subcutaneously and it can be used to treat patients who cannot be treated with other sarcoidosis treatments
Competitive Analysis:
Global sarcoidosis drug market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sarcoidosis market for global Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Questions Answered:
• What is the market size and growth rate of the global and regional market by various segments?
• What is the market size and growth rate of the market for selective countries?
• Which region or sub-segment is expected to drive the market in the forecast period?
• What Factors are estimated to drive and restrain the market growth?
• What are the key technological and market trends shaping the market?
• What are the key opportunities in the market?
• What are the key companies operating in the market?
• Which company accounted for the highest market share?
• Why Choose Fortune Business Insights?
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Contact:
Data Bridge Market Research
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UK: +44 208 089 1725
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Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research
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