Press release
Hidradenitis Suppurativa Treatment Market 2020:By Clinical Stages,Treatment Type,Route of Administration, End- Users,Distribution Channel,Geography 2026
Global hidradenitis suppurativa treatment market is rising gradually with a substantial CAGR in the forecast period of 2019-2026. The global hidradenitis suppurativa treatment market is supposed to grow faster during the forecast period as a large number of ongoing clinical trial and introduction of new treatment options.This report provides an all-inclusive and accurate research study on the global hidradenitis suppurativa treatment market while chiefly focusing on current and historical market scenarios. The subject matter experts and team of highly-skilled researchers have put in hours of work to collate an authentic research report on the Pharmaceutical industry. The report displays a fresh market research study that explores several significant facets related to hidradenitis suppurativa treatment market covering industry environment, segmentation analysis, and competitive landscape. The economic growth for hidradenitis suppurativa treatment market in the developing countries of Asia-Pacific seems to be quite impressive and these countries are expected to offer ample growth opportunities for the market.
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Few of the major competitors currently working in the global hidradenitis suppurativa treatment market are AbbVie Inc., Novartis AG, TARGET PharmaSolutions, Inc., Eisai Co., Ltd, Abbott, ALLERGAN, AstraZeneca, GlaxoSmithKline plc., Johnson & Johnson Services, Inc., Merck & Co., Inc., Pfizer Inc., Mylan N.V., LEO Pharma A/S, Zydus Cadila, among others.
Key Developments in the Market:
In June 2019, InflaRx reported the outcomes of the international SHINE phase IIb study conducted for safety and efficacy study of IFX-1, a first-in-class anti-human complement factor C5a monoclonal antibody used for the treatment of hidradenitis suppurativa (HS). Approximately more than 150 people are treated with this drug during the clinical study period
In March 2019, AbbVie Inc. and Eisai Co., Ltd received additional approval for Humira, an anti-TNF-? monoclonal antibody for treatment of hidradenitis suppurativa (HS) in Japan. The efficacy and safety studies of humira have shown positive results towards management of hidradenitis suppurativa. With the additional approval, Humira will be the first biological treatment for HS in japan after US and EU
Competitive Analysis:
Global hidradenitis suppurativa treatment 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 global hidradenitis suppurativa treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers
Prevailing cases of various skin disorders will drive the growth of this market
Ongoing clinical trials along with introduction of new treatment options will boost the market growth
Growing investment in R&D activities along with technological advancement can also boost the market growth
Environmental changes due to global warming has increased the skin diseases and is contributing as one of the growth factor
Market Restraints
A weak pipeline of drugs restrains the growth of market as most of drugs are in phase II clinical trials indicating a less chance of approval
High cost of therapy along with chances of side-effects can also hamper the market growth
Development of drug resistance to many agents used for treatment of Hidradenitis suppurativa can impede the growth of this market also disturbs the market growth
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Segmentation: Global Hidradenitis Suppurativa Treatment Market
By Clinical Stages
Hurley stage 1
Hurley stage 2
Hurley stage 3
By Treatment
Medication
Surgery
Others
By Route of Administration
Oral
Topical
Others
By End Users
Hospitals
Homecare
Specialty Clinics
Others
By Distribution Channels
Hospital Pharmacy
Online Pharmacy
Retail Pharmacy
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
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