Press release
The Global Sarcoidosis Market is projected to experience substantial growth, reaching a market value of USD 56.01 Bn by 2029 from USD 22.66 Bn in 2022, at a CAGR of 13.8 percent during the forecast period.
Sarcoidosis Market Report Scope and Research Methodology:Sarcoidosis is an inflammatory disease characterized by the formation of small nodules called granulomas in various organs, including the lungs and lymph nodes. The severity of symptoms varies depending on the affected organs, with common signs including fever, fatigue, joint pain, and muscle aches. Despite extensive research, the exact cause of sarcoidosis remains unknown.
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The global incidence and mortality of sarcoidosis were reported at 25.2 Mn in 2022, indicating a significant demand for effective treatments and driving the growth of the sarcoidosis market. Notably, organizations such as the Foundation for Sarcoidosis Research (FSR) play a vital role in supporting market growth through research funding and initiatives. The FSR recently conducted a training program to collaborate with the FSR Global Sarcoidosis Clinic Alliance Members (FSR-GSCA) to raise awareness, provide education, and advocate for improved therapies and patient outcomes. Additionally, advancements in healthcare systems, life science technologies, and personalized medicine contribute to the market's expansion.
Sarcoidosis Market Dynamics:
The sarcoidosis market is driven by several factors. The rising prevalence of cardiovascular diseases and obesity among the younger population contributes to the increased demand for sarcoidosis treatments. Moreover, the growing number of health-conscious individuals worldwide, coupled with the trend of regular health check-ups, fuels the expansion of the sarcoidosis industry. Continuous research and development in the medical field, along with increased healthcare infrastructure investments by developed nations and lucrative opportunities in developing economies, further drive market growth.
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Despite the positive growth trajectory, the sarcoidosis market faces certain limitations. The lack of awareness among the general population and the complexities in treatment pose challenges to market growth. Furthermore, the unknown cause of sarcoidosis hampers the development of targeted therapies. However, the comprehensive market report provides valuable insights and solutions to address these limitations, supporting both new entrants and existing key players in the sarcoidosis industry.
Sarcoidosis Market Regional Insights:
North America is expected to witness the highest CAGR of 13.9 percent in the sarcoidosis market during the forecast period. The region's robust growth can be attributed to substantial investments in research and development by major market players. Additionally, the presence of prominent key players and the growing trend of regular health check-ups due to increased health awareness contribute to market expansion. In the United States alone, there are approximately less than 200,000 new cases of sarcoidosis reported each year, with a higher prevalence observed among rescue workers involved in the World Trade Center disaster.
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Sarcoidosis Market Segmentation:
By Type:
Pulmonary Sarcoidosis
Ocular Sarcoidosis
Neurosarcoidosis
Cardiac Sarcoidosis
Musculoskeletal Sarcoidosis
Cutaneous Sarcoidosis
Renal Sarcoidosis
Hepatic Sarcoidosis
Sarcoidosis of the Spleen and Bone Marrow
By Mechanism of Action:
Corticosteroid
Immunosuppressants
Antimalarial
Tumor Necrosis Factor-alpha (TNF-Alpha) Inhibitors
By Drug Type:
Corticosteroids
Chloroquine
Colchicine
Prednisone
Methotrexate
Hydroxychloroquine
Azathioprine
Deltasone
By End Uses:
Hospitals & Clinics
Surgical Centers
Diagnostic Centers
Others
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Sarcoidosis Market Key Competitors include:
1. Relief Therapeutics Holding SA
2. Firststring Research
3. Bellus Health
4. Araim Pharmaceuticals Inc.
5. Merck & Co. Inc.
6. Novartis AG
7. Pharmain Corp
8. Adaptimmune Therapeutics Plc
9. Epizyme, Inc
10.Advenchen Laboratories, LLC
11.Hikma Pharmaceuticals PLC
12.Mylan N.V.
13.Amneal Pharmaceuticals LLC.
14.Mallinckrodt
15.AbbVie Inc.
16.Pfizer Inc.
17.Sandoz International GmbH
18.Teva Pharmaceuticals USA, INC.
19.F. Hoffmann-La Roche Ltd
20.sanofi-aventis U.S. LLC
21.Zydus Pharmaceuticals, Inc.
22.Fresenius Kabi USA
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Table of Content for Sarcoidosis Market
1. Global Sarcoidosis Market: Research Methodology
2. Global Sarcoidosis Market: Executive Summary
• Market Overview and Definitions
• Introduction to Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Sarcoidosis Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Sarcoidosis Market Segmentation
• Global Market, by Type (2022-2029)
• Global Market, by Mechanism of Action (2022-2029)
• Global Market, by Drug Type (2022-2029)
• Global Market, by End Uses (2022-2029)
5. Regional Sarcoidosis Market (2022-2029)
• Regional Market, by Type (2022-2029)
• Regional Market, by Mechanism of Action (2022-2029)
• Regional Market, by Drug Type (2022-2029)
• Regional Market, by End Uses (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Type, Mechanism of Action, Drug Type and End Uses
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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