Chronic Inflammation Treatment Market Analysis: Segments, Drivers, Distribution Channels, and Growth Factors Forecast to 2024-2031 | Pfizer Inc., NodThera, Abcentra, Evommune, Inc., Sterna biologicals, Halia Therapeutics, Inc

Chronic Inflammation Treatment Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Chronic Inflammation Treatment market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Chronic Inflammation Treatment market from 2024 to 2031, and what is the market value expected to change by 2031?

The Chronic Inflammation Treatment Market is expected to reach at a CAGR By 2031

What is Chronic Inflammation Treatment Market?

The chronic inflammation treatment market encompasses the industry focused on developing and providing therapies aimed at managing and alleviating chronic inflammation, a prolonged inflammatory response that can contribute to various diseases, including autoimmune disorders, cardiovascular diseases, and chronic pain conditions. This market includes a range of treatment options, such as non-steroidal anti-inflammatory drugs (NSAIDs), corticosteroids, biologics, and newer therapies like small molecule inhibitors and monoclonal antibodies. The growth of this market is driven by the rising prevalence of chronic inflammatory conditions, increasing awareness of their health impacts, and ongoing advancements in treatment options and drug development. Additionally, the market is influenced by the growing emphasis on personalized medicine and the need for effective long-term management strategies for patients.

Growth Driver

Growing Advancements and Clinical Trials by Key Players Drive the Growth of the Chronic Inflammation Treatment Market

The incidence and prevalence of chronic inflammatory diseases have risen significantly over the past few decades, especially in Western countries. While various non-steroidal anti-inflammatory drugs (NSAIDs) are commonly used to alleviate inflammation and pain, they can have a wide range of severe side effects. In contrast, plant-based natural medicines offer anti-inflammatory properties with minimal to no adverse effects, making them an attractive alternative. These trends, combined with ongoing advancements and clinical trials by key players in the market, are driving growth in the chronic inflammation treatment sector.

Key Players:

Profiles of some of the major players in the global Chronic Inflammation Treatment market, which include:

Pfizer Inc., NodThera, Abcentra, Evommune, Inc., Sterna biologicals, Halia Therapeutics, Inc., Amgen Inc., AstraZeneca, Takeda Pharmaceutical Company Limited and Annexon, Inc

Industry Development:

On August 7, 2023, Halia Therapeutics announced the completion of participant enrollment for its Phase I study (NCT05447546) evaluating HT-6184, its lead candidate for chronic inflammation treatment. HT-6184 works by inhibiting NLRP3 inflammasome activity through an allosteric mechanism that targets the protein NEK7, aimed at addressing a range of diseases linked to chronic inflammation.

On April 26, 2023, Evommune, Inc., a clinical-stage biotechnology startup, secured $50 million in a Series B financing round to advance its research and development of novel therapies for inflammatory diseases. The funding was co-led by new investor Arix Bioscience, alongside EQT Life Sciences, SymBiosis, and several existing investors. New investors also included Amplitude Ventures, while Series A investors Andera Partners and Pivotal bioVenture Partners participated.

On June 20, 2023, Takeda released comprehensive results from the pivotal Phase 3 ADVANCE-CIDP 1 clinical trial, which studied HYQVIA (Recombinant Human Hyaluronidase with Immune Globulin Infusion 10%) as a maintenance therapy for older patients with chronic inflammatory demyelinating polyneuropathy (CIDP). The trial findings indicated a clinically significant reduction in relapse rates when HYQVIA was compared to a placebo, along with extended time until recurrence.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Chronic Inflammation Treatment market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Type:(Nonspecific Proliferative, Granulomatous Inflammation (Foreign Body Granuloma, Infectious Granuloma

By Medications: Metformin, Non-Steroidal Anti-Inflammatory Drugs (NSAIDs) (Naproxen, Ibuprofen, Aspirin), Statins (Simvastatin, Rosuvastatin), Corticosteroids (Cortisone, Prednisone), Herbal Supplements), By Chronic Inflammation Disease Type (Diabetes, Cardiovascular Diseases, Arthritis and Joint Diseases, Chronic Obstructive Pulmonary Disease (COPD), Allergies, Others

By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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