Autoimmune Disease Therapeutics Market is expected to experience a significant growth in the coming years

The Autoimmune Disease Therapeutics Market is expected to experience a significant growth in the coming years due to the increasing prevalence of autoimmune diseases and the emergence of novel therapeutics. Autoimmune diseases are caused by an abnormal response from the body's immune system, resulting in inflammation and tissue damage. The development of new therapies has been driven by advances in understanding of disease pathogenesis, improved diagnosis and prognosis, as well as technological advances. This has led to increased demand for autoimmune disease therapeutics, driving growth in this market.

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Increase in adoption of autoimmune disease therapeutics, surge in wide availability of advanced therapeutics, and rise in number of research and development activities drive the growth in the market. However, high initial costs related to advanced therapeutics restrain the market growth. On the other hand, strong presence of pipeline drugs and opportunities in emerging economies create new pathways in the industry.

Drug stores & retail pharmacies to maintain its dominant position by 2025

Drug stores & retail pharmacies accounted for nearly three-fifths of the total share in 2017 and will maintain its dominant position by 2025, owing to ease in availability offered by them and presence of large number of stores. However, online stores would grow at the fastest rate, registering a CAGR of 6.8% from 2018 to 2025, owing to rise in preference for online channels and advantages such as less expenses, enhanced convenience, and easy access to reviews of other patients.

Drug stores & retail pharmacies to maintain its dominant position by 2025

Drug stores & retail pharmacies accounted for nearly three-fifths of the total share in 2017 and will maintain its dominant position by 2025, owing to ease in availability offered by them and presence of large number of stores. However, online stores would grow at the fastest rate, registering a CAGR of 6.8% from 2018 to 2025, owing to rise in preference for online channels and advantages such as less expenses, enhanced convenience, and easy access to reviews of other patients.

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Recent launch of advanced therapeutics plays a major role in the growth of the autoimmune disease therapeutics market. Furthermore, increase in prevalence of autoimmune disease and strong presence of late stage pipeline drugs are expected to boost the market growth in the coming years.

Leading market players

Bristol-Myers Squibb Company
AstraZeneca plc.
Johnson & Johnson
F. Hoffmann-La Roche AG
Pfizer Inc.
Novartis AG
UCB S.A.

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