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Emerging Kineret Market Driver 2025-2034: Rising Prevalence Of Autoimmune Diseases Driving Growth In The Market

02-18-2025 02:39 PM CET | Health & Medicine

Press release from: The Business Research Company

Kineret Market Size

Kineret Market Size

How Is the Kineret Market Projected to Grow, and What Is Its Market Size?
In recent times, the Kineret market has seen a significant growth with an $XX. The size of the market is predicted to experience an upsurge from $XX million in 2024 to $XX million in 2025, showing a compound annual growth rate (CAGR) of $XX%. This market growth in the past can be traced back to the growing prevalence of autoimmune diseases, innovations in biological therapies, endorsements and regulations by the FDA, enhancement in adherence of patients, as well as a soaring awareness and diagnosis rate.

In the upcoming years, the market size of Kineret is projected to witness an FCAGR of $XX%. The expectation is that it will expand to a market value of $XX million in 2029, exhibiting a compound annual growth rate (CAGR) of $XX%. Factors contributing to this growth within the forecasted period include the increasing use of biologics, widening indications, elevated healthcare spending, advancements in drug delivery technology, and the uptick in the aging population. Key trends anticipated during the forecast period are advancements in regulatory processes, the inception of biosimilars, the rise of personalized medicine, market expansion into growing economies, and a transition to home-based self-administration.

What Are the Key Drivers Behind the Growth of the Kineret Market?
The escalating incidence of autoimmune diseases is anticipated to boost the expansion of the kineret market. Autoimmune diseases are disorders wherein the body's immune system erroneously attacks its cells, tissues, and organs perceiving them as foreign threats. The rise in the incidence of these diseases can be linked to genetics, environment, and lifestyle choices. Kineret serves as an effective medication for treating autoimmune diseases, particularly those involving excessive inflammation caused by the immune system's attack on body tissues. For example, a UK based health and care research organization, the National Institute for Health and Care Research (NIHR), revealed a study of 22 million individuals in May 2023, demonstrating that autoimmune diseases now affect about one in ten individuals. This included 19 specific autoimmune diseases impacting nearly 10% of the population, 13% of women, and 7% of men. Consequently, the rising prevalence of autoimmune diseases is propelling the growth of the kineret market.

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Who Are the Major Industry Players Fueling Kineret Market Expansion?
Major companies operating in the kineret market include Sobi (Swedish Orphan Biovitrum AB)

Which Key Developments Are Influencing the Kineret Market?
In the Kineret market, the primary trend is the use of strategic collaborations to create fresh, innovative products based on Kineret and to achieve a competitive edge. By forming these partnerships, it allows the companies in the Kineret market to combine their resources and knowledge, strengthen their research and development activities, expand their market reach, and accelerate the commercialization of their products, thus promoting innovation and growth in the industry. To illustrate, a partnership was formed in May 2024 between Swedish Orphan Biovitrum AB, a biopharmaceutical firm based in Sweden, and Handok Inc., a pharmaceutical firm based in South Korea. This partnership aimed to introduce Kineret (anakinra) in South Korea, leveraging Handok's local proficiency and Sobi's international biopharmaceutical skills, especially in the field of rare illnesses.

How Is the Segmentation of the Kineret Market Defined?
The kineret market covered in this report is segmented -

1) By Indication: Treatment Of Rheumatoid Arthritis, Treatment Of Still's Disease, Treatment Of Cryopyrin-Associated Periodic Syndromes, Treatment Of Neonatal-Onset Multisystem Inflammatory Disease (NOMIDN)
2) By Formulation: Injectable formulation, Pre-filled Syringes Or Auto-injectors
3) By Patient Demographics: Pediatric Patients, Adult Patients, Geriatric Patients
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Wholesalers And Distributors
5) By End-User: Hospitals, Specialty Clinics, Outpatient Treatment Centers, Home Healthcare Providers

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What Is the Leading Region in the Kineret Market?
North America was the largest region in the kineret market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the kineret market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Is Covered In The Kineret Global Market Report?

- Market Size Analysis: Analyze the kineret Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the kineret 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 kineret market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the kineret market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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