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Global Vasculitis Treatment Market Revenue, Key Players, Profit, Growth Factors, Regions And Applications, Industry Forecast By 2027 | Celgene Corporation, Ablynx, Gilead, Novartis AG, Bristol-Myers Squibb Company
Global Vasculitis Treatment Market
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Biologics are leading the drug class segment due to better clinical outcomes in patients suffering with ANCA associated vasculitis and promising biological drugs in the pipeline with enhanced drug safety and efficacy. Cyclophosphamide is still the drug of choice for the treatment of vasculitis used in combination with prednisolone globally, highly recommended in patients showing resistance to rituximab treatment.
The major factors that contribute to the growth of the vasculitis treatment market include increasing prevalence of chronic diseases due to sedentary lifestyles, rise in geriatric population who are more prone to cardiovascular diseases, high demand for minimally invasive procedures, better healthcare infrastructure, and technological advancements & innovations that lead to intense competition among key players. However, lack of trained professionals and stringent governmental regulations for these drugs restrict the market growth. Recent innovations, which embed the introduction of innovative ideas such as use of sequential magnetic resonance imaging magnetic resonance angiography (MRIMRA) will provide better results to the physicians and allow them to work more efficiently, thus fostering the market growth.
Large vessel vasculitis dominated the disease type segment in 2017 on account of increasing number of immunocompromised patients suffering with large vessel vasculitis and rising prevalence of CD4 T cell mediated Takayasu vasculitis in the Caucasian population. Small vessel vasculitis is anticipated to showcase impressive growth in the near future due to rising prevalence of ANCA associated small vessel vasculitis in the Mongolian population and rise in the occurrence of leukocytoclastic vasculitis with palpable purpura due to post viral syndromes and drugs.
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Key Benefits
The study provides an in-depth analysis of the global vasculitis treatment market with current trends and future estimations to elucidate imminent investment pockets.
The report provides information about the current and upcoming trends in the global vasculitis treatment market from 2016 to 2023, which helps determine prevailing opportunities.
Comprehensive analysis of factors that drive and restrict the growth of the global vasculitis treatment market has been provided.
Identification of factors that are instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global and regional scale have been provided.
Key market players within the market have been profiled in this report and their strategies thoroughly analyzed, which help understand the competitive outlook of the global vasculitis treatment market.
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.
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