Press release
Leading Growth Driver in the Benlysta Market in 2025: Autoimmune Disease Rise Boosts Demand For Benlysta In SLE Treatment Driver's Influence
What Is the Forecasted Market Size and Growth Rate for the Benlysta Market?The market size for benlysta has experienced rapid expansion in past years. Its progression will see it increase from a worth of $2,156.02 million in 2024 to $2,404.67 million in 2025, with a compound annual growth rate (CAGR) of 11.5%. This substantial growth over the historic period can be connected to factors such as the rising occurrence of systemic lupus erythematosus, increased consciousness regarding autoimmune diseases, elevated healthcare spending, an aging demographic, as well as a surge in regulatory approvals and market expansions.
The market size of benlysta is predicted to experience a swift expansion in the coming years. With an anticipated compound annual growth rate (CAGR) of 11.2%, it's projected to reach a value of $3,672.17 million by 2029. The expansion during this forecast period can be linked to an increased demand for precision medicine, heightened awareness of rare diseases, the escalating use of biologic monotherapies, more investments in immunology, and enhanced governmental support. Noteworthy trends in this period are advancements in immunology, novel drug delivery systems, collaborations with research institutions, strategic alliances, and the implementation of AI and machine learning in drug creation.
What Factors Are Propelling the Expansion of the Benlysta Market?
The anticipated expansion of the benlysta market is attributed to the rising incidence of autoimmune diseases. Such diseases occur when the body's immune system mistakenly attacks its own healthy cells, tissues, and organs. The surge in cases is due to factors such as improved diagnosis, environmental influences, changes in lifestyle, genetic predisposition, and an aging demographic. Benlysta is a key player in the treatment of these diseases, specifically systemic lupus erythematosus (SLE). It operates by identifying and inhibiting the B-lymphocyte stimulator (BLyS) protein, a crucial component in the excessive immune response. This reduces the livelihood of damaging B cells and prevents them from harming healthy tissues, which in turn helps manage disease activity, minimize flare-ups, and enhance patient outcomes. For example, in March 2024, the National Health Council, a US non-profit, reported an impact of autoimmune diseases on approximately 50 million Americans, a figure which could be an underestimation due to diagnostic difficulties. Disturbingly, autoimmune diseases are increasing, with evidence indicating an annual growth ranging from 3% to 12%. Additionally, in February 2024, the National Library of Medicine, another US entity, reported a yearly global increase in autoimmune diseases' incidence and prevalence by 19.1% and 12.5% respectively. As a result, the rise in autoimmune disease cases is fueling the expansion of the benlysta market.
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Which Businesses Are at the Forefront of Benlysta Market Development?
Major companies operating in the benlysta market include GlaxoSmithKline plc
How Is the Benlysta Market Evolving?
The main trend in the benlysta market is the focus on the creation of novel products, such as autoinjectors, aimed at enhancing the ease and accessibility of treatment for pediatric SLE patients by facilitating home-based administration. Autoinjectors are tools developed to deliver a precise dosage of medication swiftly and effortlessly, commonly for self-administration during chronic conditions or emergencies. In May 2024, GlaxoSmithKline plc, a pharmaceutical and biotechnology firm based in the UK, heralded the FDA certification of the Benlysta (belimumab) autoinjector for pediatric clients aged five and above suffering from systemic lupus erythematosus (SLE). This certification introduces the debut of an at-home treatment choice for children who need belimumab, enabling subcutaneous application and discarding the requirement for every four-week clinic consultations. The inventive autoinjector provides improved comfort and versatility for caregivers while addressing the impactful severity of lupus on children, which involves heightened rates of organ damage.
How Is the Benlysta Market Segmented?
The benlysta market covered in this report is segmented -
1) By Route Of Administration: Intravenous (IV), Subcutaneous (SC)
2) By Clinical Indication: Systemic Lupus Erythematosus (SLE), Lupus Nephritis (LN), Other Related Conditions
3) By End Users: Hospitals, Clinics, Home Care Settings, Specialty Pharmacies
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Where Is the Benlysta Market Growth Most Prominent?
North America was the largest region in the benlysta market in 2024. The regions covered in the benlysta market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is Covered In The Benlysta Global Market Report?
- Market Size Analysis: Analyze the benlysta Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the benlysta market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall benlysta market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the benlysta market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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