Press release
Key Uplizna Market Driver for 2025-2034: Rising Prevalence Of Multiple Sclerosis Drives Growth Of The Market
What Is the Future Outlook for the Uplizna Market's Size and Growth Rate?In previous years, the market size for uplizna has greatly surged, registering an $XX (CAGR). Furthermore, it is expected to escalate from $XX million in 2024 to a staggering $XX million in 2025, propelled by a compound annual growth rate (CAGR) of $XX%. Elements like the rising prevalence of autoimmune disorders, increased emphasis on personalized medicine, a surge in clinical trial activities, enhanced adoption of targeted therapies, expansion of healthcare facilities, and the development of telemedicine services spurred the growth during the historic period.
In the ensuing years, the market size for uplizna is projected to witness a forecasted compound annual growth rate (CAGR) of $XX%. By 2029, it is predicted to reach a value of $XX million, experiencing a compound annual growth rate (CAGR) of $XX%. This increase during the forecast period can be ascribed to the growing instances of neuromyelitis optica spectrum disorder, an increase in treatment-resistant NMOSD cases, better support from healthcare policies, enhanced global funding devoted to rare disease research initiatives, a rise in clinical trials, and an increased need for biologics. The forecast period is also likely to see key trends such as technological progression, incorporation of artificial intelligence and machine learning, the advent of digital health platforms, and the use of combination therapies.
What Is Stimulating Growth in the Uplizna Market?
The escalating incidence rates of multiple sclerosis are projected to stimulate the expansion of the uplizna market in the near future. Multiple sclerosis (MS), a persistent autoimmune disease, affects the central nervous system, causing an assortment of neurological symptoms. The mounting incidence of multiple sclerosis (MS) is credited to factors like enhanced diagnosis, growing awareness, an aging demographic, and genetic tendencies. Uplizna proves beneficial for multiple sclerosis patients as it aims at and eliminates B cells to decrease inflammation and hinder disease advancement, providing a hopeful approach to managing this persistent ailment. For example, in July 2024, the UK-based government sector, National Health Service (NHS) England, revealed that multiple sclerosis impacts over 150,000 individuals in the UK, including more than 120,000 in England, and is more common in females. Consequently, the escalating incidence of multiple sclerosis is fueling the expansion of the uplizna market.
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Which Key Market Leaders Are Driving Uplizna Industry Growth?
Major companies operating in the uplizna market are Amgen Inc.
What Are the Emerging Trends in the Uplizna Industry?
The main trend observed in the Uplizna market revolves around seeking regulatory approval to broaden treatment applicability and increase availability for individuals suffering from uncommon autoimmune disorders. Regulatory consent from governing bodies, which ensures safety, efficacy, and compliance, grants benefits such as market entry, consumer confidence, and lawful protection. For instance, in June 2022, Horizon Therapeutics plc, an Irish biotechnology firm, submitted a request for regulatory approval to the Brazil National Health Surveillance Agency (ANVISA) for UPLIZNA (inebilizumab), purposed for treating adults with anti-aquaporin-4 immunoglobulin G positive (AQP4-IgG+) neuromyelitis optica spectrum disorder (NMOSD) - a rare and severe neurological disorder. This move is part of the company's wider strategy to ensure UPLIZNA is accessible to NMOSD patients globally. UPLIZNA has already achieved approvals in regions like the United States, Japan, and Europe, with clinical trials indicating it drastically reduces the occurrence of NMOSD attacks. If given the go-ahead, it could introduce a new therapeutic avenue for the estimated 10,000 NMOSD victims in Brazil.
What Are the Main Segments in the Uplizna Market?
The uplizna market covered in this report is segmented -
1) By Indication: Neuromyelitis Optica Spectrum Disorder (NMOSD); Generalized Myasthenia Gravis (gMG)
2) By Distribution Channel: Hospital And Clinics; Retail And Specialty Pharmacies
3) By End User: Adult; Geriatric
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Which Geographic Area Leads the Uplizna Market?
North America was the largest region in the uplizna market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the uplizna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Uplizna Global Market Report?
- Market Size Analysis: Analyze the uplizna Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the uplizna 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 uplizna market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the uplizna market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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