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Exploring the Growth Prospects of the Global Idiopathic Pulmonary Fibrosis Market: Trends, Forecast and Opportunities 2030 | CAGR of 7.0%

01-20-2023 08:14 AM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

idiopathic-pulmonary-fibrosis-market

idiopathic-pulmonary-fibrosis-market

Idiopathic Pulmonary Fibrosis is a disease in which lung tissues become thick and stiff over time, which results in reducing the oxygen carrying capacity of the tissues. It is a type of chronic scarring lung disease characterized by a progressive and irreversible decline in lung function. The tissue in the lungs becomes thick and stiff, which affects the tissue that surrounds the air sacs in the lungs. The most common signs and symptoms of idiopathic pulmonary fibrosis are shortness of breath and a persistent dry, hacking cough. Many affected individuals also experience a loss of appetite and gradual weight loss. Some people with idiopathic pulmonary fibrosis develop widened and rounded tips of the fingers and toes (clubbing) resulting from a shortage of oxygen

๐€๐œ๐œ๐จ๐ซ๐๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ " ๐ˆ๐๐ข๐จ๐ฉ๐š๐ญ๐ก๐ข๐œ ๐๐ฎ๐ฅ๐ฆ๐จ๐ง๐š๐ซ๐ฒ ๐…๐ข๐›๐ซ๐จ๐ฌ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ‘.๐Ÿ๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ, ๐š๐ง๐ ๐ข๐ฌ ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐†๐š๐ซ๐ง๐ž๐ซ ๐”๐’๐ƒ ๐Ÿ”.๐Ÿ๐Ÿ” ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ, ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ•.๐ŸŽ% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ. Due To Increase in incidences of cancer worldwide, favorable reimbursement policies provided by manufacturers & insurance providers, and rise in cigarette smoking drive the growth of the global idiopathic pulmonary fibrosis market. However, the unavailability of the proper treatment options restrains the market growth. On the other hand, rise in number of pipeline drugs and untapped potential in developing countries present new opportunities in the coming years.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž:
https://www.alliedmarketresearch.com/request-sample/4407

๐“๐จ๐ฉ ๐ˆ๐๐ข๐จ๐ฉ๐š๐ญ๐ก๐ข๐œ ๐๐ฎ๐ฅ๐ฆ๐จ๐ง๐š๐ซ๐ฒ ๐…๐ข๐›๐ซ๐จ๐ฌ๐ข๐ฌ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:

AstraZeneca Plc

Biogen Inc.

Boehringer Ingelheim

F. Hoffmann-La Roche

FibroGen, Inc.

Mission Therapeutics

GNI Group Ltd.

Galapagos NV

Biogen

Bristol-Myers Squibb Company

Shiongi Co. Ltd.

Idiopathic Pulmonary Fibrosis Market Segmentation:-

Based on drug type, the pirfenidone segment accounted for the highest share in 2020, holding around three-fourths of the global idiopathic pulmonary fibrosis market, and is expected to continue its leadership status during the forecast period. Moreover, this segment is projected to manifest the highest CAGR of 7.2% from 2021 to 2030. This is due to rise in adoption of pirfenidone drugs such as Esbriet and Pirespa across the world. The research also analyzes the nintedanib segment.

Based on distribution channel, the retail pharmacies segment accounted for the highest share in 2020, contributing to nearly half of the global idiopathic pulmonary fibrosis market, and is estimated to continue its lead position during the forecast period. This is attributed to rapid increase in rate of idiopathic pulmonary fibrosis among the geriatric population, technological advancements, and lifestyle changes worldwide. However, the online providers segment is expected to portray the largest CAGR of 8.5% from 2021 to 2030. This is due to offers and discounts offered by providers and the availability of different types of drugs under a single platform.

Based on region, North America contributed to the highest market share in 2020, holding more than two-fifths of the global idiopathic pulmonary fibrosis market, and is projected to continue its lead in terms of revenue by 2030. This is attributed to high expenditure on R&D activities, presence of major players & their product availability, and well-established healthcare infrastructure in the region. However, Asia-Pacific is expected to manifest the fastest CAGR of 8.9% during the forecast period, owing to improvement in R&D facilities and rapidly developing economic conditions.

Purchase the Report: https://www.alliedmarketresearch.com/purchase-enquiry/4407

Key Benefits For Stakeholders

This report provides a detailed quantitative analysis of the current idiopathic pulmonary fibrosis market trends and forecast estimations from 2020 to 2030, which assists to identify the prevailing market opportunities.

An in-depth idiopathic pulmonary fibrosis market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.

A comprehensive analysis of factors that drive and restrain the growth of the global is provided.

The projections in this report are made by analyzing the current trends and future idiopathic pulmonary fibrosis market potential from 2021 to 2030, in terms of value.

An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.

Key market players within the idiopathic pulmonary fibrosis market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the idiopathic pulmonary fibrosis market.

By Region Outlook

North America

โฆ U.S.

โฆ Canada

โฆ Mexico

Europe

โฆ UK

โฆ Germany

โฆ France

โฆ Italy

โฆ Russia

โฆ Rest of Europe

Asia-Pacific

โฆ China

โฆ Japan

โฆ India

โฆ Australia

โฆ Rest of Asia-Pacific

LAMEA

โฆ Brazil

โฆ UAE

โฆ Turkey

โฆ Saudi Arabia

โฆ Rest of LAMEA

Get the Full Report: https://www.alliedmarketresearch.com/idiopathic-pulmonary-fibrosis-market

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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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