Press release
Autoimmune Treatment Market size is expected to grow at a CAGR of 6.9% from 2024 to 2030, reaching nearly USD 9771.2 million by 2030 as per Maximize Market Research.
Autoimmune Treatment Market
Over the forecast period, Autoimmune Treatment Market is expected to grow from USD 6125 Mn. to USD 9771.2 Mn. by 2030, at a CAGR of 6.9 per cent.
North America is dominating the Autoimmune Treatment Market and is expected to continue its dominance in the next 5 years, because of the high occurrence of autoimmune diseases, advanced healthcare infrastructure, and robust research and development activities.
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North America holds the largest market share of about 39.4% of which the US has the highest incidences of autoimmune diseases, with 15 to 30 million patients affected in the analysis done in 2022. Prominent pharmaceutical firms in North America make significant investments in the creation of novel treatments for autoimmune diseases, which propels market growth.
Europe is the second largest region witnessing a notable growing adoption in the Autoimmune Treatment Market, due to the presence of key players like AbbVie, Johnson &Johnson, Eli Lilly and Company, AstraZeneca, Lupin, Amgen, Bristol-Myers Squibb, and Others, and countries like Germany, France, and UK. Europe holds a significant market share of about 28.3%, which makes it the second-largest market after North America.
The European market for autoimmune treatments is advantageous due to its well-established healthcare system, and development, and increasing emphasis on biological therapies and personalized medicine.
According to the MMR report, The Union Budget 2022-23 of India allocated USD 88,700 to the Ministry of Health and Family Welfare, a nearly 18.5 percent increase in comparison to 2020-21.
Johnson & Johnson is an American company that offers a wide range of skincare products and an experimental drug that treats autoimmune disorders. Additionally, Momenta Pharmaceuticals, which created nipocalimab, an anti-FcRn antibody for the treatment of autoimmune diseases, was acquired by J&J. With these new therapies J&J has the potential to earn $5 billion each in peak annual sales.
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Eli Lilly and Company, an American company pharmaceutical company, has operations in 18 nations and sells its goods in about 125 nations. The company had a market valuation of US$659.746 billion and reported revenue of US$27.50 billion in 2023. Eli Lilly and Company is listed on the New York Stock Exchange under the ticker symbol LLY.
The key driving factors for the Autoimmune Treatment Market are:
• Rapid rise in patient population.
• Increased awareness about autoimmune disease.
Autoimmune Treatment Market segmentation:
by Indication
• Rheumatic Disease
• Diabetes
• Multiple Sclerosis
• Inflammatory Bowel Disease
• Other Indications
by Drug Class
• Anti-Inflammatory
• Anti-Hyperglycemics
• NSAIDs
• Interferons
• Other Drugs
by Product
• Diagnostic Equipment
• Drugs
• Therapeutic & Monitoring Equipment
by Treatment
• Drugs
• Physical Therapy
by Distribution Channel
• Hospitals & Clinics
• Diagnostic Centers
• Drug Stores
• Pharmacies
• Others
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Autoimmune Treatment Market Key Players are:
1. AbbVie
2. johnson&Johnson
3. Eli Lilly and Company
4. AstraZeneca
5. Lupin
6. Amgen
7. Bristol-Myers Squibb
8. Pfizer Inc.
9. GlaxoSmithKline
10. Sanofi
11. UCB S.A.
12. F. Hoffmann-La Roche
13. Novartis International AG
14. Merck & Co., Inc
15. Gilead Sciences.
𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/autoimmune-treatment-market/198275/
Key questions answered in Autoimmune Treatment Market are:
1] What segments are covered in the Global Autoimmune Treatment Market report?
2] Which region is expected to hold the highest share in the Global Autoimmune Treatment Market?
3] What was the market size of the Global Autoimmune Treatment Market by 2023?
4] What is the forecast period for the Global Autoimmune Treatment Market?
5] What is the market size of the Global Autoimmune Treatment Market in 2029?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Regional analysis, Segment Analysis, Competitive landscape
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
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• Vertigo Treatment Market size was valued at USD 1.68 Billion in 2023 and the total Vertigo Treatment revenue is expected to grow at a CAGR of 4.63% from 2024 to 2030, reaching nearly USD 2.31 Billion by 2030.
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Pune, Maharashtra 411041, India
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About Maximize Market Research:
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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