Neuroimmunology Drugs Market Size Unleashed: Igniting 7.55 % CAGR Growth by 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Global Neuroimmunology Drugs Market By Indication (Alzheimer's disease (A.D.), Multiple Sclerosis (M.S.), Parkinson's Disease (P.D.), Myasthenia Gravis (M.G.), Neuromyelitis Optica Spectrum Disorder (NMOSD), Guillain-Barre Syndrome (GBS), Chronic Inflammatory Demyelinating Polyradiculoneuropathy (CIDP), Amyotrophic Lateral Sclerosis (ALS), and Others), Product Type (Small Molecules, Monoclonal Antibodies, Recombinant Protein, and Others))- Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, global neuroimmunology drugs market is valued at US$ 21.84 billion in 2022, and it is expected to reach US$ 41.48 billion by 2031, with a CAGR of 7.55 % during the forecast period of 2023-2031.

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Neuroimmunological disorders appear to be caused by the immune system attacking the central or peripheral nervous system. A neuroimmunology drug seeks to regulate immune system activity to treat neurological diseases with immune pathologies at their root. Various neuroimmunology therapeutic strategies, such as medications that produce distinct cytokine subtypes, medications that bind only to specific receptors, and drugs that affect the migration of immune cells, are being researched and used to treat neurological conditions.

The presence of a large number of drugs in the pipeline for the treatment of neuroimmunology diseases such as Multiple Sclerosis (M.S.) and Alzheimer's disease (A.D.) is anticipated to generate immense market opportunities over the next period of forecasting. Biogen and Eisai had undertaken multiple initiatives to facilitate access to ADUHELMTM for Alzheimer's disease patients. It is the first novel Alzheimer's treatment to receive U.S. approval. These initiatives aim to help patients and their families comprehend the disease, navigate the diagnostic process, obtain culturally competent care, and afford treatment. Approximately 220 neuroimmunology pharmaceuticals are currently in Phase I, II, III, and later stages of development. The increasing prevalence of neuroimmunology diseases is anticipated to generate substantial demand for innovative treatment options around the globe.

However, the high cost of mAb-based therapies may impede market growth significantly. However, research and development activities among research universities, hospitals, and market participants are anticipated to generate tremendous opportunities for global market expansion.

North America is anticipated to lead the neuroimmunology market during the forecast period, followed by Europe. This is due to high R&D expenditure, rapid research on dementia and immunology diseases, and a strong product pipeline. In addition, substantial funding for Alzheimer's disease will drive development in the upcoming forecast period.

Major market players operating in the market includes F. Hoffmann-La Roche Ltd, Biogen, AstraZeneca Plc, Johnson & Johnson, Merck KGaA, Novartis AG, Sanofi, UCB SA, Eisai Co Ltd, Eli Lilly, AB Science S.A., Actelion Pharmaceuticals Ltd., AstronauTx, Alector, AZTherapies Inc., Celgene Corp., INmune Bio, Inc., Lundbeck, Genetech Inc., Grifols SA, Tiaki Therapeutics, T.G. Therapeutics Inc., AevisBio Inc., Monument Tx, ImmunoBrain Checkpoint, Talisman Therapeutics, Inflammasome Therapeutics, T3D Therapeutics, TauRX Therapeutics Ltd and among others.

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Key Developments In The Market:
• In Jan 2022, Exscientia and Sanofi announced a ground-breaking research partnership and licence agreement to create up to 15 novel small molecule candidates in the fields of immunology and oncology by utilizing Exscientia's end-to-end AI-driven platform and real patient samples.
• In June 2021, the European Commission approved Roche's Enspryng for use in neuromyelitis optical spectrum disorder (NMOSD). Roche is trying to distinguish Enspryng from Alexion's Soliris in the E.U. by using subcutaneous administration, which could support dosing at home.
• In Aug 2020, Johnson & Johnson will purchase Momenta Pharmaceuticals, Inc., strengthening Janssen's position as a leader in cutting-edge therapies for autoimmune diseases. Nipocalimab (M281), a clinically proven and possibly best-in-class anti-FcRn antibody, will be included in the deal with full worldwide rights. Acquisition of Momenta for $6.5 billion through an all-cash tender offer priced at $52.50 per share.
• In Jan 2020, Biogen to Acquire Novel Clinical Stage Asset with Application in Alzheimer's Disease (A.D.) and Parkinson's Disease (P.D.) from Pfizer Inc. The agreement will include a $75 million upfront payment, up to $635 million in potential future commercialization and development milestone payments, and tiered royalties ranging from the high single digits to the low teens.

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Global Neuroimmunology Drugs Market, by By Indications, 2023-2031 (Value US$ Mn)
• Alzheimer's disease (A.D.)
• Multiple Sclerosis (M.S.)
• Parkinson's Disease (P.D.)
• Myasthenia Gravis (M.G.)
• Neuromyelitis Optica Spectrum Disorder (NMOSD)
• Guillain-Barre Syndrome (GBS)
• Chronic Inflammatory Demyelinating Polyradiculoneuropathy (CIDP)
• Amyotrophic Lateral Sclerosis (ALS)
• Others

Global Neuroimmunology Drugs Market, by Product Type, 2023-2031 (Value US$ Mn)
• Small Molecules
• Monoclonal Antibodies
• Recombinant Protein
• Others

Global Neuroimmunology Drugs Market, by Region, 2023-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Neuroimmunology Drugs Market, by Country, 2023-2031 (Value US$ Mn)
• U.S.
• Canada

Europe Neuroimmunology Drugs Market, by Country, 2023-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Neuroimmunology Drugs Market, by Country, 2023-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Neuroimmunology Drugs Market, by Country, 2023-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Neuroimmunology Drugs Market, by Country, 2023-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive clinical trial/pipeline product analysis of the prospects for the global neuroimmunology drugs market
 To receive an industry overview and future trends of the neuroimmunology drugs market
 To analyze neuroimmunology drugs market drivers and challenges
 To get information on the neuroimmunology drugs market size (Value US$ Bn) forecast to 2030
 To get detailed insights regarding significant investments, mergers & acquisitions in the neuroimmunology drugs market industry

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