Press release
Global Myositis Treatment Market 2020 Ongoing Trends and Recent Developments| Corbus Pharmaceuticals Holdings, Inc., Milo Biotechnology, CytRx Corporation, Pfizer Inc., Novartis AG, IDERA, Inc., Genentech, Inc.,., Merck & Co., Inc., AbbVie Inc
Global myositis treatment market is rising gradually with a substantial CAGR of 8.1% in the forecast period of 2019-2026. High prevalence of myositis and rising awareness about the disease and its available treatment options are some factors that are expected to drive the market growth.The myositis treatment report achieves thorough analysis of the potential of the market in the present and the future prospects from various angles. With this market report, businesses can achieve key statistics on the market status of regional and global manufacturers along with precious guidance and direction to drive the business towards the growth and success. By understanding this, the market report is provided that have complete overview of the market, covering various aspects such as product definition, market segmentation based on various parameters, and the customary vendor landscape.
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Key Market Players:
Few of the major competitors currently working in the global myositis treatment market are Corbus Pharmaceuticals Holdings, Inc., Milo Biotechnology, CytRx Corporation, Pfizer Inc., Novartis AG, IDERA, Inc., Genentech, Inc.,., Merck & Co., Inc., AbbVie Inc., GlaxoSmithKline plc., Mallinckrodt, Bausch Health, Akorn, Sanofi, Promega , AstraZeneca, Amgen Inc. among others.
Key Developments in the Market:
In July 2018, Corbus Pharmaceuticals Holdings, Inc. received the Orphan Drug designation from the U. S. FDA for lenabasum, its novel endocannabinoidmimetic drug used for treatment of patients with dermatomyositis. This grant gives special status and a seven-year marketing exclusivity to the drug for treatment of the rare diseases such as dermatomyositis
In October 2016, Milo Biotechnology received the Orphan Drug designation from the U. S. FDA for AAV1-FS344, a follistatin protein product used for treatment of patients with inclusion body myositis by increasing muscle strength and function. A special status is benefited to the company for a seven years marketing exclusivity
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Myositis Treatment Market Landscape
Part 04: Global Myositis Treatment Market Sizing
Part 05: Global Myositis Treatment Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Segmentation: Global Myositis Treatment Market
By Type
(Inclusion-Body Myositis, Polymyositis, Dermatomyositis, Others),
Diagnosis
(Muscle Biopsy, Electromyography, Myositis Specific Antibody Panel Blood Test, Genetic Testing, Others),
Therapy Type
(Exercise and Physiotherapy, Steroid Medication, Intravenous Immunoglobulin Therapy, Others),
Route of Administration
(Oral, Injectable and Others),
End Users
(Hospitals, Homecare, Specialty Clinics, Others),
Distribution Channel
(Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others),
Geography
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Market Drivers
Rising geriatric population and emerging cases of muscle inflammation acts as a market driver
Rising awareness about the disease and available treatments and therapies contributes in market growth
Strong pipeline of novel drugs will also boost the growth of market
Market Restraints
Unavailability of effective treatments for different types of myositis such as inclusion body myositis (IBM) can hinder the market growth
High cost associated with treatment of myositis also acts as a market restraint
Lack of healthcare budget in some middle income countries is a factor restricting the market growth
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