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Systemic Lupus Erythematosus Treatment Market 2023-2032 Future Outlook, Global Trends, Industry Share And Major Platers | GlaxoSmithKline PLC, Aurinia Pharmaceuticals, Pfizer, Merck & Co, Anthera Pharmaceuticals
Systemic Lupus Erythematosus Treatment Market
The Business Research Company's Systemic Lupus Erythematosus Treatment Global Market Report 2023 identifies rising number of autoimmune disordersas the major driver for the Systemic Lupus Erythematosus Treatment Market's growth in the forecast period. An autoimmune disease refers to a condition in which a patient's immune system attacks his or her body. An autoimmune disease occurs when the immune system mistakes parts of the body as foreign. The body releases proteins called autoantibodies that attack healthy cells. Systemic lupus erythematosus refers to an autoimmune disease that causes the immune system to attack its tissues, causing widespread inflammation and tissue damage in the affected organs. It affects the joints, skin, brain, lungs, kidneys, and blood vessels.
The global systemic lupus erythematosus treatment market size is expected to grow from $2.50 billion in 2023 to $2.74 billion in 2023 at a compound annual growth rate (CAGR) of 9.54%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global systemic lupus erythematosus treatment market size is expected to reach $3.98 billion in 2027 at a CAGR of 9.84%.
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Major competitors in the systemic lupus erythematosus treatment market are GlaxoSmithKline PLC, Aurinia Pharmaceuticals, Pfizer, Merck & Co, Anthera Pharmaceuticals, AstraZeneca, Bristol-Myers Squibb Company, Inc., F. Hoffmann-La Roche Ltd., ImmuPharma PLC, Sanofi, Eli Lilly, Amgen, Inc., Johnson & Johnson Services, Inc., Lycera Corporation and Mylan NV.
A key trend in the Systemic Lupus Erythematosus Treatment Market includes introduction of improved biologic agents. A biologic agent refers to a substance that is made from a living organism or its products and is used for the prevention, diagnosis, or treatment of cancer and other diseases. Major companies operating in the market are advancing toward the development of biologic agents that would be used to treat systemic lupus erythematosus in various age groups. For instance, in December 2020, GlaxoSmithKline plc, a UK-based pharmaceutical and biotechnology company, announced the approval of BENLYSTA (belimumab) by the US Food and Drug Administration (FDA) for treating adult patients with active lupus nephritis (LN). Systemic lupus erythematosus (SLE) causes lupus nephritis, an inflammation of the kidneys. Benlysta is used for treating both SLE and LN. This approval also includes SLE and LN with both intravenous and subcutaneous formulations.
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The Systemic Lupus Erythematosus Treatment Market is segmented -
By Drug: Antimalarial Drugs, Non-Steroidal Anti-Inflammatory Drugs (NSAIDS), Corticosteroids, Immunosuppressive Drugs
By Route Of Administration: Sub-Cutaneous, Oral, Intravenous
By Application: Hospital Pharmacies, Retail Pharmacies, Online Sales
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Systemic Lupus Erythematosus Treatment Market.
The Business Research Company's "Global Systemic Lupus Erythematosus Treatment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Systemic Lupus Erythematosus Treatment Market Include:
1. Executive Summary
2. Systemic Lupus Erythematosus Treatment Market Characteristics
3. Systemic Lupus Erythematosus Treatment Market Trends And Strategies
4. Systemic Lupus Erythematosus Treatment Market - Macro Economic Scenario
5. Systemic Lupus Erythematosus Treatment Market Size And Growth
……
26. Africa Systemic Lupus Erythematosus Treatment Market
27. Systemic Lupus Erythematosus Treatment Market Competitive Landscape And Company
Profiles
28. Key Mergers And Acquisitions In The Systemic Lupus Erythematosus Treatment Market
29. Systemic Lupus Erythematosus Treatment Market Future Outlook and Potential Analysis
30. Appendix
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