Press release
Giant Cell Arteritis Therapeutics Market Expected to Reach US$ 1.54 Bn at a CAGR of 6% by 2029

๐๐ข๐๐ง๐ญ ๐๐๐ฅ๐ฅ ๐๐ซ๐ญ๐๐ซ๐ข๐ญ๐ข๐ฌ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
The global market for Giant Cell Arteritis (GCA) therapeutics is poised to reach a substantial valuation of US$ 1.54 billion by 2029, growing at a steady CAGR of 6%. This forecast underscores the increasing prevalence of GCA, a form of medium and large-vessel vasculitis predominantly affecting individuals over 50 years old, with a higher incidence among women of Caucasian descent.
๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ ๐๐ข๐๐ง๐ญ ๐๐๐ฅ๐ฅ ๐๐ซ๐ญ๐๐ซ๐ข๐ญ๐ข๐ฌ:
Giant cell arteritis is characterized by inflammation in the lining of arteries, leading to symptoms like headaches, jaw pain, and vision problems. With an incidence rate of 15 to 25 cases per 100,000 individuals over 50, its impact is significant, particularly in regions with higher Caucasian populations, such as Scandinavian countries and Northern Europe.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ: https://www.maximizemarketresearch.com/request-sample/86445/
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ:
Recent advancements in targeted therapies, notably the FDA approval of subcutaneous Actemra (tocilizumab), have revolutionized treatment options. Actemra, developed by Roche in collaboration with Chugai Pharmaceutical, targets the IL-6 receptor, offering a specific treatment avenue for GCA patients. This approval marks a pivotal advancement in the therapeutic landscape, potentially driving market growth due to its efficacy and targeted approach.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America currently leads the global GCA therapeutics market, driven by robust healthcare infrastructure, extensive R&D activities, and favorable insurance coverage. Europe follows closely, spurred by increasing acceptance of advanced medical technologies and rising incidences of GCA.
In the Asia Pacific region, healthcare expenditure and government initiatives promoting awareness are expected to propel market growth. These factors underscore a growing demand for advanced healthcare solutions across diverse regional markets.
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐ข๐จ๐ง๐ฌ:
โ ๐๐ฒ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ
Prednisone
Methotrexate
Tocilizumab
Aspirin
With a sales value of $Mn in 2022, the therapeutics sector led the global GCA market and is predicted to do so going forward. The section is further separated into sections for aspirin, methotrexate, prednisone, and tocilizumab.
โ ๐๐ฒ ๐๐จ๐ฎ๐ญ๐ ๐จ๐ ๐๐๐ฆ๐ข๐ง๐ข๐ฌ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง
Oral
Intravenous
Subcutaneous
Others
Due to its effectiveness in treating patients, tocilizumab and other treatments dominated the GCA market. A humanized monoclonal antibody called tocilizumab (TOC) binds to the human IL-6 receptor's alpha chain to prevent IL-6 signaling. Tocilizumab (Actemra), a single-dose autoinjector, was approved by the FDA by Genentech for use in patients suffering from giant cell arteritis (GCA).
โ ๐๐ฒ ๐๐๐๐ก๐๐ง๐ข๐ฌ๐ฆ ๐จ๐ ๐๐๐ญ๐ข๐จ๐ง
Corticosteroids
Immunosuppressive Agents
Anticoagulants
Others
In January 2019, the ACTPen 162 mg/0.9 mL gadget went on sale. The introduction of this gadget increased the GCA market's revenue. One popular folic acid antagonist is methotrexate, which is used at low dosages as a disease-modifying anti-rheumatic medication (DMARD) and at higher levels to treat benign diseases. Corticosteroids and immunosuppressants, by way of their mode of action, prime the market.
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ข๐ฌ๐ฎ๐๐ฅ๐ฌ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/86445/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ:
Key players in the global GCA therapeutics market entities are pivotal in driving innovation, expanding market reach, and enhancing treatment accessibility globally.
1. Sanofi
2. Kiniksa Pharmaceuticals, Ltd.
3. Regeneron
4. GlaxoSmithKline plc
5. F. Hoffmann-La Roche Ltd.
6. Novartis AG
7. AbbVie, Inc.
8. Bristol-Myers Squibb Company
9. Abbott
10. Johnson & Johnson Services, Inc.
11. Johns Hopkins Hospital
12. Fortis Healthcare
13. American College of Rheumatology
14. Duke University Health System
15. Lahey Clinic Foundation
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง:
The global market for Giant Cell Arteritis therapeutics is on a robust growth trajectory, fueled by advancements in treatment modalities and increasing healthcare investments globally. As research continues to uncover novel therapeutic targets and expand treatment options, the outlook for GCA patients appears increasingly optimistic, promising improved quality of life and enhanced treatment outcomes.
In summary, the convergence of technological advancements, expanding healthcare infrastructure, and strategic market initiatives positions the global GCA therapeutics market for sustained growth and innovation in the coming years.
๐๐ง๐๐จ๐ฏ๐๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/market-report/global-giant-cell-arteritis-therapeutics-market/86445/
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ:
โฆ ๐๐ฑ๐๐๐ฎ๐ญ๐ข๐ฏ๐ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ: A concise overview of the market's size, growth potential, and key trends.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐: A clear definition of the market's boundaries and the products or services it encompasses.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: A detailed analysis of the market's current state, including major players, competitive landscape, and market dynamics.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ข๐ง๐ : A breakdown of the market's size by revenue, volume, or other relevant metrics, with historical data and future projections.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: A categorization of the market based on various factors like customer type, product category, and geographical location.
โฆ ๐ ๐ข๐ฏ๐ ๐ ๐จ๐ซ๐๐๐ฌ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: An evaluation of the competitive landscape using Porter's Five Forces framework, identifying bargaining power of buyers and suppliers and competitive rivalry.
โฆ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: An in-depth exploration of the market's customer base, their needs, buying behaviour, and decision-making processes.
โฆ ๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: An analysis of the market's geographic distribution, highlighting key regions and growth opportunities.
โฆ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐ซ๐๐ฆ๐๐ฐ๐จ๐ซ๐ค: A practical guide to help you make strategic decisions based on the market insights presented.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ: An examination of the key factors that propel the market forward and the potential obstacles that might hinder its growth.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ: An exploration of the current and emerging trends that will shape the future of the market.
โฆ ๐๐๐ง๐๐จ๐ซ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: An overview of the major vendors operating in the market, including their product portfolios and market share.
โฆ ๐๐๐ง๐๐จ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: A detailed assessment of the strengths, weaknesses, opportunities, and threats (SWOT analysis) of key vendors.
This comprehensive guide empowers you to gain a strategic advantage in the Giant Cell Arteritis Therapeutics market. Utilize the insights within to navigate the competitive landscape, identify growth opportunities, and make informed business decisions.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Giant Cell Arteritis Therapeutics?
โข What was the Giant Cell Arteritis Therapeutics market size in 2023?
โข What is the growth rate of the Giant Cell Arteritis Therapeutics Market?
โข Who are the leading companies and what are their portfolios in Giant Cell Arteritis Therapeutics Market?
โข Which is the fastest growing region in the ##market?
โข What are the different segments of the Giant Cell Arteritis Therapeutics Market?
โข What segments are covered in the Giant Cell Arteritis Therapeutics Market?
โข Who are the key players in the Giant Cell Arteritis Therapeutics market?
โข Which are the factors expected to drive the Giant Cell Arteritis Therapeutics market growth?
โข What is the CAGR at which the ## market will grow during the forecast period?
โข What are the upcoming opportunities and trends for the Giant Cell Arteritis Therapeutics Market?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Giant Cell Arteritis Therapeutics Market?
โข What growth strategies are the players considering to increase their presence in Giant Cell Arteritis Therapeutics?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
โข Past Market Size and Competitive Landscape (2018 to 2022)
โข Past Pricing and price curve by region (2018 to 2022)
โข Market Size, Share, Size & Forecast by different segment | 2024-2030
โข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Market Segmentation - A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
โข PESTLE Analysis
โข PORTER's analysis
โข Value chain and supply chain analysis
โข Legal Aspects of Business by Region
โข Lucrative business opportunities with SWOT analysis
โข Recommendations
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฉ๐ข๐๐ฌ:
1. Methyl Soyate Market https://www.maximizemarketresearch.com/market-report/global-methyl-soyate-market/101618/
2. European Paints and Coatings Market https://www.maximizemarketresearch.com/market-report/european-paints-and-Coatings-market/115563/
3. PVC Foam Sheet Market https://www.maximizemarketresearch.com/market-report/global-pvc-foam-sheet-market/102517/
4. Photomask Market https://www.maximizemarketresearch.com/market-report/global-photomask-market/35762/
5. Deep Packet Inspection Market https://www.maximizemarketresearch.com/market-report/global-deep-packet-inspection-market/22684/
6. HPV Testing and Pap Test Market https://www.maximizemarketresearch.com/market-report/hpv-testing-and-pap-test-market/184298/
7. Automotive Door Latch Market https://www.maximizemarketresearch.com/market-report/global-automotive-door-latch-market/35961/
8. Tanker Shipping Market https://www.maximizemarketresearch.com/market-report/global-tanker-shipping-market/103048/
9. Air Fryer Market https://www.maximizemarketresearch.com/market-report/global-air-fryer-market/21700/
10. Glass Bottles and Containers Market https://www.maximizemarketresearch.com/market-report/global-glass-bottles-and-containers-market/102634/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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๐๐๐ ๐๐ซ๐๐ข๐ง๐ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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