Janus Kinase (JAK) Inhibitors Global Market New Business Opportunities to Hit $39.92 billion by 2028 | AbbVie Inc., Novartis AG, Sanofi SA, Galapagos NV, GSK Plc.

"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.

Janus Kinase (JAK) 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 $39.92 billion In 2028 At A CAGR Of 18.3%.

The janus kinase (jak) inhibitors market size has grown rapidly in recent years. It will grow from $17.29 billion in 2023 to $20.41 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The growth in the historic period can be attributed to recognition of the role of jak-stat signaling pathway in diseases, increased prevalence of autoimmune disorders, unmet medical needs in rheumatology and dermatology, development of targeted therapies for inflammatory conditions, improvement in diagnostic capabilities for autoimmune diseases.

The janus kinase (jak) inhibitors market size is expected to see rapid growth in the next few years. It will grow to $39.92 billion in 2028 at a compound annual growth rate (CAGR) of 18.3%. The growth in the forecast period can be attributed to growth of biopharmaceutical research and development, regulatory approvals for jak inhibitors in specific indications, expansion of clinical trials for jak inhibitor drugs, advances in personalized and precision medicine, adoption of jak inhibitors in combination therapies, integration of digital health technologies in autoimmune care. Major trends in the forecast period include focus on developing novel selective jak inhibitors for improved safety profiles, development of jak inhibitors with extended-release formulations, integration of artificial intelligence in jak inhibitor drug discovery, exploration of jak inhibitors in novel drug delivery systems, collaboration between pharmaceutical companies and research institutions.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=12524&type=smp

Janus Kinase (JAK) Inhibitors Market Major Segments
The janus kinase (jak) inhibitors market covered in this report is segmented -
1) By Inhibitors Type: Ruxolitinib, Tofacitinib, Oclacitinib, Baricitinib, Peficitinib, Other Inhibitor Types
2) By Mode Of Administration: Injectable, Oral, Other Modes Of Administration
3) By Distribution Channel: Hospital pharmacies, Retail pharmacies, Online pharmacies
4) By Application: Autoimmune Disorders, Oncology, Inflammatory Disorders, Metabolic Disorders

Key Driver - Surging Instances Of Autoimmune Diseases Propel The Janus Kinase (JAK) Inhibitors Market

The increase in instances of autoimmune diseases is expected to propel the growth of the Janus kinase (JAK) inhibitors market. Autoimmune diseases are a broad group of disorders characterized by an abnormal immune response in which the immune system mistakenly attacks and damages healthy cells, tissues, and organs. Janus Kinase (JAK) inhibitors provide therapeutic benefits for autoimmune diseases by modulating the immune system, reducing inflammation, and alleviating symptoms such as rheumatoid arthritis. For instance, in December 2022, according to the National Psoriasis Foundation, a US-based non-profit organization serving people with Psoriasis and psoriatic arthritis, Psoriasis affected more than 8 million people in America and 125 million individuals worldwide, or 2 to 3% of the population. Furthermore, in September 2022, according to the Centers for Disease Control and Prevention, a US-based national public health agency, Diabetes was diagnosed in 28.7 million people of all ages, or 8.7% of the US population, and 5.7% of all US individuals with confirmed Diabetes-or 1.6 million people aged 20 and older-reported having type 1 diabetes and requiring insulin. Therefore, the increase in instances of autoimmune diseases is driving the growth of the Janus kinase (JAK) inhibitors market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=12524&type=smp

Prominent Trend - Technological Breakthroughs Drive Product Innovation In The Janus Kinase (JAK) Inhibitors Market

Product innovation is a key trend gaining popularity in the Janus kinase (JAK) inhibitors market. Major companies operating in the Janus kinase (JAK) inhibitors market are focused on innovating technologically advanced solutions to sustain their position in the market. For instance, in May 2022, Eli Lilly and Company, a US-based pharmaceutical company, and Incyte, a Switzerland-based biopharmaceutical company, announced the approval of OLUMIANT (baricitinib) by the U.S. Food and Drug Administration (FDA). It is the first and only JAK inhibitor FDA-approved for treating COVID-19 in some hospitalized individuals who need varying levels of oxygen assistance. OLUMIANT is approved for treating adult hospital patients with extracorporeal membrane oxygenation (ECMO), non-invasive or invasive mechanical breathing, or COVID-19 disease 2019 (COVID-19).

Janus Kinase (JAK) Inhibitors Market Players
Major companies operating in the janus kinase (jak) inhibitors market report are Pfizer Inc., Merck & Co. Inc., AbbVie Inc., Novartis AG, Sanofi SA, Bristol Myers Squibb Co., GSK Plc., Takeda Pharmaceutical Company Ltd., Eli Lilly and Co., Gilead Sciences Inc., Boehringer Ingelheim Group, Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., AstraZeneca PLC, Mitsubishi Tanabe Pharma Corporation, Incyte Corporation, Kyowa Hakko Kirin Co. Ltd., Galapagos NV, Sierra Oncology Inc., Dizal Pharmaceutical, Reistone Biopharma Co. Ltd., CTI BioPharma Corp., Celon Pharma SA, Theravance Biopharma Inc., Aclaris Therapeutics Inc., Alexion Pharmaceuticals Inc.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/janus-kinase-jak-inhibitors-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the Janus kinase (JAK) inhibitors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the janus kinase (jak) inhibitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

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.

This release was published on openPR.