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Vasculitis Treatment Market Size to Experience Massive Growth with Huge CAGR | 2019-2026

03-11-2020 02:09 PM CET | Health & Medicine

Press release from: Allied Market Research

A group of disorder caused by the inflammation of blood vessels is known as vasculitis (plural: vasculitides), also called angiitis. Vasculitis includes inflammation of arteries, veins, and/or capillaries. The disease can affect both males and females equally without any age specifications. Quite a few forms of vasculitis are present, and their scientific characteristics can vary considerably in terms of severity, symptoms, as well as the duration of disease. It depends on the types of blood vessels that are affected by the disease. Vasculitis is a disease which involves the immune system. Here, the immune system stops offering defense aligned with infection and, consequently it fights itself. The precise root of vasculitis is unknown; however, factors triggering the disease include genetic makeup of an individual, blood cancers, immune system diseases (e.g. rheumatoid arthritis), infections (e.g. hepatitis B), and response to certain drugs. Inflammation of blood vessels may lead to several complications. It may block the path of blood flow thereby causing organs to dysfunction.

According to Vasculitis UK, major cause of vasculitis may be hereditary or environmental. Moreover, there is a lack of approved treatment from the regulatory bodies. According to National Center for Biotechnology Information, in 2011, the therapy rituximab (Biogen Idec/Genentech, Rituxan) happened to be the earliest and only FDA-approved possibility for the treatment of vasculitis. This has encouraged the governments and the manufacturers alike, for development of new drugs for vasculitis treatment. Moreover, early detection is one of the key factors for the treatment of the disease. Advent of technology and advanced diagnosis along with support from governments and regulatory bodies around the world will fuel the growth of the global vasculitis treatment market.

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Better Clinical Outcomes in Vasculitis Treatment Will Contribute To the Biologics Segment Growth

Currently biologics are leading the market by drug class segment and will continue to showcase excellent growth during the forecast period. In 2010, USFDA gave approval to rituximab for the treatment of vasculitis disease in combination with prednisolone. The dosage regimen currently postulated for rituximab throughout the globe is 4+2 protocol. In 2017, Biologics comprised of 38.98% share in the drug class segment on account of better drug safety & efficacy and rising prevalence of antineutrophil cytoplasmic autoantibodies (ANCA) associated renal vasculitis in elderly population. The only limitation of using rituximab therapy is its high cost, which hinders treatment in poor nations. Cyclophosphamide are used in patients showing resistance to rituximab therapy and its relatively low treatment cost contributes to its market growth in developing nations.

Accurate Diagnosis of Small Vessel Vasculitis to Record Highest Double Digit CAGR during the Forecast Period

The challenge that usually occur during the diagnosis of vasculitis is its overlapping symptoms with other inflammatory diseases such as rheumatoid arthritis, psoriatic arthritis, etc. The ambiguity occurs due to non-specificity of serological markers and irrational tissue biopsy. The chief inflammatory mediator that occurs in the vasculitis disease onset is leucocytes. The factors responsible for the accurate diagnosis of vasculitis is the technological advancement in the diagnostic kits and availability of skilled workforce to perform the diagnosis. In 2017, large vessel vasculitis occupied 45% share in the overall vasculitis disease epidemiology. The key attributes favoring the dominance of large vessel vasculitis are the rising prevalence of immunocompromised patients and medicines related adverse events encountered in the Caucasian populations. Small vessel vasculitis will be showcasing impressive growth during the forecast period owing to the increasing number of blood vessel aneurysm cases encountered in the Mongolian population and rampant growth in the reported cases of small vessel vasculitis initiated due to pesticide and chemical exposure.

Increasing public health awareness in Asia Pacific to set the stage for swift growth during the forecast period

In 2017, North America occupied XX% of the global market share for vasculitis treatment. The key factors responsible for the North America market growth are rising prevalence of large vessel vasculitis, presence of key players such as Bristol Myers Squibb Company, Celgene Corporation etc., and existence of advanced healthcare facilities. Asia Pacific will be the fastest growing market on account of large geriatric population suffering with small vessel vasculitis, enhanced funding by the pharmaceutical companies in the R&D segment and rising public health awareness resulting in early diagnosis and treatment.

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The key players that operate in this market include GlaxoSmithKline plc, F. Hoffmann-La Roche AG, Celgene Corporation, Ablynx, Gilead, Novartis AG, Bristol-Myers Squibb Company, Novo Nordisk A/S, Eli Lilly and Company, and Merck & Co., Inc.

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Table Of Content

Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER'S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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