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Interleukin Inhibitors Market 2024 - Consumption Analysis, Business Overview And Upcoming Trends 2033

06-05-2024 07:45 AM CET | Health & Medicine

Press release from: The Business research company

Interleukin Inhibitors Market

Interleukin Inhibitors Market

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Interleukin Inhibitors Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $96.66 billion In 2028 At A CAGR Of 18.0% :

The interleukin inhibitors market size has grown rapidly in recent years. It will grow from $42.93 billion in 2023 to $49.84 billion in 2024 at a compound annual growth rate (CAGR) of 16.1%. The growth in the historic period can be attributed to rising prevalence of autoimmune diseases, increasing awareness of interleukin inhibitors, growing demand for personalized medicine, growing elderly population, growing popularity of biosimilars.

The interleukin inhibitors market size is expected to see rapidly grown in the next few years. It will grow to $96.66 billion in 2028 at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast period can be attributed to emerging therapeutic indications, global aging population, immunotherapy combinations, increasing investment in research and development. Major trends in the forecast period include oral interleukin inhibitors, next-generation therapies, pediatric indications, expanded access, patient-centric care.

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Interleukin Inhibitors Market Major Segments
The interleukin inhibitors market covered in this report is segmented -

1) By Type: IL-17, IL-23, IL-1, IL-5, IL-6, Other Types
2) By Application: Psoriasis, Psoriatic Arthritis, Rheumatoid Arthritis, Asthma, Inflammatory Bowel Disease, Other Applications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Key Driver - Rising Investigational Drugs For Inflammatory Diseases To Propel Interleukin Inhibitors Market

An increase in the number of investigational drugs for inflammatory diseases such as psoriasis, arthritis, and inflammatory bowel disease will drive the interleukin inhibitors market. Inhibitors of interleukin decrease the actions of the inflammatory cytokines, stimulate innate immune responses to prevent damage to the host, and maintain normal tissue homeostasis. There are 48 molecules under investigation for the treatment of inflammatory diseases such as psoriasis and psoriatic arthritis. Among these, 20 molecules are in Phase III clinical trials. These growing numbers of pipeline drugs will drive the interleukin inhibitors market upon approval.

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Prominent Trend - Rising Opportunity For Interleukin Inhibitor Biosimilars In The Post-Patent

The patent expiration of biologic drugs creates opportunities for biosimilar drugs, which are a less expensive alternative. Major companies in the interleukin sector are focusing on developing biosimilars for interleukin inhibitors. For instance, biosimilars for IL inhibitors such as canakinumab (Ilaris), ustekinumab (Stelara), tocilizumab (Actemra), and secukinumab (Cosentyx), among others, are in development by Mabpharm, NeuClone Pharmaceuticals Ltd., Gedeon Richter, and Bio-Thera Solutions, respectively. Despite the clinical benefits associated with the use of biologics in psoriasis and other autoimmune diseases, many patients are not treated with biological therapy, and access to treatment may be limited for several reasons, including higher treatment costs. This factor, coupled with rapid advances in biotechnology and analytical sciences that ensure comparability of biosimilars to biological drugs, drives the trend for biosimilars.

Interleukin Inhibitors Market Players
Major companies operating in the interleukin inhibitors market include Sanofi S.A., GlaxoSmithKline plc, Novartis International AG, Johnson & Johnson Services Inc., F. Hoffmann-La Roche Ltd., Eli Lilly and Company, AstraZeneca plc, Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., Bausch Health Companies Inc., AbbVie Inc., Sun Pharmaceutical Industries Limited, Boehringer Ingelheim International GmbH, Janssen Biotech Inc., Ortho Dermatologics, Amgen Inc., Celgene Corporation, Bristol-Myers Squibb Company, Pfizer Inc., Merck & Co. Inc., Takeda Pharmaceutical Company Limited, Biogen Inc., Vertex Pharmaceuticals Incorporated, Incyte Corporation, Seattle Genetics Inc., Genentech Inc., Karyopharm Therapeutics Inc., Kyowa Kirin Co Ltd., Astellas Pharma Inc., Ipsen Biopharmaceuticals Inc.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/interleukin-inhibitor-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the interleukin inhibitors market in 2023. The regions covered in the interleukin inhibitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Interleukin Inhibitors Market Report Structure
3. Interleukin Inhibitors Market Trends And Strategies
4. Interleukin Inhibitors Market - Macro Economic Scenario
5. Interleukin Inhibitors Market Size And Growth
…..
27. Interleukin Inhibitors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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