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Idiopathic Thrombocytopenic Purpura Therapeutics Market is Expected to Reach US$ 1 Billion by 2032

07-17-2024 09:03 AM CET | Health & Medicine

Press release from: Fact.MR

Idiopathic Thrombocytopenic Purpura Therapeutics Market

Idiopathic Thrombocytopenic Purpura Therapeutics Market

The global idiopathic thrombocytopenic purpura (ITP) therapeutics market was valued at USD 587 million in 2021 and is projected to reach USD 620.5 million in 2022. From 2022 to 2032, demand is expected to grow at a CAGR of 5.0%, potentially reaching USD 1.0 billion by the end of the forecast period.

Overall, the ITP therapeutics landscape is set to provide an absolute dollar opportunity of USD 390.9 million through 2032. Sales in this market are anticipated to continue thriving, with a documented CAGR of 5.6% from 2015 to 2021.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7449

Country-wise Analysis

The demand for idiopathic thrombocytopenic purpura (ITP) therapeutics in the U.S. is projected to grow at a CAGR of 4.8% until 2032, with an expected opportunity worth USD 368.8 million. Key factors driving this growth include improved access to ITP treatments, a strong presence of major market players, advanced healthcare infrastructure, and increased awareness of rare blood disorders.

Additionally, expanding infrastructure and higher investments in developing novel therapeutic molecules for ITP management are anticipated to significantly boost the adoption of immune thrombocytopenia treatments in the U.S. during the forecast period.

Read More: https://www.factmr.com/report/idiopathic-thrombocytopenic-purpura-therapeutics-market

Category-wise Insights

By product type, corticosteroids are expected to remain the leading category, growing at a CAGR of 5.0% from 2022 to 2032. This class of drugs is anticipated to hold a significant share of the market in developing countries across Asia Pacific and Latin America, primarily due to their cost-effectiveness and higher adoption rates. Additionally, the increasing patient population suffering from immune thrombocytopenia is driving demand for various treatment options. Technological advancements in diagnostic procedures are also improving the detection rates of this rare blood disorder.

Competitive Landscape

The global market for idiopathic thrombocytopenic purpura (ITP) therapeutics is characterized by the presence of numerous vendors aiming to provide a wide range of products. Key manufacturers are focused on developing solutions that comply with stringent government regulations while tailoring offerings to meet their business objectives. Vendors are likely to prioritize upgrades and product differentiation to gain a competitive edge in the market.

In February 2019, Paras Biopharmaceuticals Finland Oy announced the successful development of biologically active Romiplostim.
In April 2018, the U.S. Food and Drug Administration (FDA) approved TAVALISSE, developed by Rigel Pharmaceuticals, Inc., as a second-line treatment for ITP.
In March 2018, Dova Pharmaceuticals, along with its subsidiary AkaRx, Inc., entered into a distribution and development agreement with Shanghai Fosun Pharmaceutical (Group) Co., Ltd. for DOPTELET in China and Hong Kong.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7449

Key Segments Covered in the Idiopathic Thrombocytopenic Purpura Therapeutics Industry Report

By Product Type :
Corticosteroids
Intravenous Immunoglobulins
Anti-D Immunoglobulin
Thrombopoietin Receptor Agonists (TPO-RA)
Other
By Distribution Channel :
Drug Stores
Retail Pharmacies
Other Distribution Channels
By Treatment Type :
Oral Corticosteroids
Prednisone
Rituximab
Azathioprine
Eltrombopag
Splenectomy
Intravenous Immunoglobulin (IVIG)
Anti-D Immunoglobulin
Thrombopoietin Receptor Agonists
By Region :
North America
Latin America
Europe
Asia Pacific
Middle East & Africa

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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