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Microscopic Polyangiitis Market Huge Growth in Future Scope 2021-2028 | Medtronic PLC, Olympus Corporation, Conmed Corporation, B. Braun Melsungen AG

10-27-2021 04:14 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Microscopic Polyangiitis

Microscopic Polyangiitis

Global Microscopic Polyangiitis Market

Microscopic polyangiitis (MPA) occurs due to the inflammation of blood vessels resulting in damage to other organs, mostly kidney, lungs, nerves, skin, and joints. MPA is an immune system mediated disorder, however the exact reason leading to immune system dysfunction is unknown. Since MPA affects multiple organs, various symptoms such as illness, fatigue, fever, loss of weight and appetite, coughing blood in case of lungs, and loss of sensation in case of nerves can be seen. Diagnosis involves blood test for antineutrophil cytoplasmic antibodies (ANCA), urine test for detection of red blood cells (RBCs), and imaging techniques such as computed tomography (CT), magnetic resonance (MR) scan, and X-rays. If results of these tests are positive for presence of MPA, biopsy (tissue sample testing) is performed for confirmation of the presence of MPA.

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Microscopic Polyangiitis Market Dynamics

In the recent past, several regulatory bodies, such as European Medicines Agency (EMA), U.S. Food and Drug Administration (FDA), Medicines and Healthcare products Regulatory Agency (MHRA), and many others, have granted treatment-related approvals. Such treatment approvals are expected to propel the global microscopic polyangiitis market growth over the forecast period. For instance, in October 2018, Genentech, Inc., a San Francisco-based biotechnology company, received approval from the U.S. Food and Drug Administration (FDA) to update the Rituxan label to include the follow-up treatment information of adult patients suffering from granulomatosis with polyangiitis and microscopic polyangiitis, who had shown improvement in medical condition with the glucocorticoid and cyclophosphamide induction treatment.

Launch of new treatment methods by the key market players is expected to drive the global microscopic polyangiitis market growth over the forecast period. For instance, in July 2018, InflaRx N.V., a German clinical stage bio-pharmaceutical company, received an approval from the U.S. Food and Drug Administration (FDA) for conducting phase-2 clinical trials to assess the safety and effectiveness of IFX-1 for treatment of anti-neutrophil cytoplasmic autoantibody (ANCA) vasculitis, presence of which indicates that the patient is suffering from microscopic polyangiitis. IFX-1 is an inhibitor of the complement system (a component of immune system) and neutralizes C5a component without affecting the normal immune functions. These factors are expected to drive the global microscopic polyangiitis market growth over the forecast timeframe.

The corticosteroids have certain side effects, such as skin thinning and intense pain. The monoclonal antibody production involves costly and time consuming research. Azathioprine involves side effects such as diarrhea, joint pain, loss of coordination, seizure, and vision changes. These factors are hence expected to restrain the global microscopic polyangiitis market growth in the foreseeable future.

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Global Microscopic Polyangiitis Market - Regional Analysis

The microscopic polyangiitis market in Europe is expected to witness significant growth over the forecast period, owing to proposed product launches. For instance, Bristol-Myers Squibb Company is conducting phase 3 clinical trials for Abatacept (Orencia), which is expected to be completed by September 2022. Orencia is a recombinant protein, which inhibits the T lymphocyte activation pathway, thereby suppressing the immune system.

In March 2018, Amerigen Pharmaceuticals Limited, a China-based generic pharmaceuticals company, was granted approval for its Abbreviated New Drug Application (‘ANDA’), by the U.S. FDA, for its cyclophosphamide capsules 25mg and 50mg. Cyclophosphamide is an immunosuppressive agent used for the treatment of microscopic polyangiitis in the years to come.

Global Microscopic Polyangiitis Market – Leading Players

Some of the key players operating in the global microscopic polyangiitis market include Genentech, Inc., Celltrion, Inc., InflaRx N.V., ChemoCentryx Inc., Bristol-Myers Squibb Company, Teijin Pharma Ltd, Amerigen Pharmaceuticals Limited, Sandoz International GmbH (Novartis Division), and TTY Biopharm Company Ltd.

Market Taxonomy

By Drug,
• Rituximab
• Azathioprine
• Cyclophosphamide
• Prednisone
• Pipeline drugs
o Abatacept
o IFX 1
• Others

By Route of Administration,
• Oral
• Injectable

By Distribution Channel,
• Hospital pharmacies
• Retail pharmacies
• Online pharmacies

By Region,
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

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Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
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Japan: +050-5539-1737
India: +91-848-285-0837

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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