Press release
Lupus Therapeutics Market Size, Share, Industry, Forecast and outlook (2024-2031)
DataM Intelligence
Global Lupus Therapeutics Market Projected to Witness a 9% CAGR Growth by 2031
The global lupus therapeutics market is poised to achieve a compound annual growth rate (CAGR) of 9% during the forecast period spanning from 2024 to 2031, according to a recent market analysis.
Lupus, characterized by autoimmune dysfunction leading to the immune system attacking its tissues and organs, manifests in inflammation impacting various bodily systems including joints, skin, kidneys, blood cells, brain, heart, and lungs.
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Market Dynamics:
The growth of the global lupus therapeutics market is primarily driven by the escalating demand for efficacious therapies and the rising prevalence of lupus worldwide.
Treatment Strategies:
Lupus management primarily focuses on inflammation reduction to safeguard organs and avert flare-ups. Tailored treatment plans, considering the type of lupus, severity of inflammation, and organ damage, are crucial for effective management. Notably, systemic lupus erythematosus (SLE), affecting approximately 1 in 1000 individuals, is a prevalent autoimmune rheumatic disease.
Advancements in therapy, including corticosteroids, immunosuppressants, and antimalarial drugs like hydroxychloroquine, have substantially enhanced the quality of life for lupus patients, addressing key unmet needs.
Challenges:
However, the market faces challenges associated with side effects linked to lupus therapeutics, potentially impeding growth. Common side effects encompass gastrointestinal discomfort and skin reactions, necessitating careful monitoring and dose adjustments.
Segment Analysis:
Systemic Lupus Erythematosus (SLE) emerges as the dominant segmeA approval of Saphnelo (anifrolumab-fnia) by AstraZeneca for treating moderate to severe SLE has significantly contributed to market expansion.
Geographical Insights:
North America leads the global lupus therapeutics market, propelled by rising lupus prevalence and FDA approvals. The Lupus Foundation of America estimates approximately 1.5 million lupus cases in the region, with systemic lupus erythematosus (SLE) affecting 20 to 150 individuals per 100,000.
Competitive Landscape:
The global lupus therapeutics market exhibits moderate competitiveness characterized by mergers, acquisitions, and product launches. Key players including Zydus Cadila, Amneal Pharmaceuticals LLC., AstraZeneca, and Novartis AG are actively contributing to market growth.
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