Press release
Chronic Inflammation Treatment Market Size, Trends & Growth Forecast 2024-2031 | Pfizer Inc., NodThera, Abcentra.
Chronic Inflammation Treatment Market
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What is the projected growth of the Global Chronic Inflammation Treatment market?
The Global Chronic Inflammation Treatment Market is expected to reach at a Significant CAGR during the forecast period 2024-2031.
What is Chronic Inflammation Treatment Market?
The Chronic Inflammation Treatment Market focuses on therapies addressing long-term inflammatory conditions like arthritis, asthma, and inflammatory bowel disease. Driven by rising cases of autoimmune disorders and lifestyle-related diseases, the market includes biologics, NSAIDs, corticosteroids, and emerging regenerative therapies. Advances in precision medicine and growing demand for targeted treatments are shaping its growth.
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Who are the major players in the Chronic Inflammation Treatment market?
The prominent players in Chronic Inflammation Treatment market research report are:
Pfizer Inc., NodThera, Abcentra, Evommune, Inc., Sterna biologicals, Halia Therapeutics, Inc., Amgen Inc., AstraZeneca, Takeda Pharmaceutical Company Limited and Annexon, Inc. among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
On August 7, 2023, Halia Therapeutics announced the completion of participant enrollment for its Phase I study (NCT05447546) evaluating HT-6184, the company's lead candidate for treating chronic inflammation. HT-6184 works by inhibiting NLRP3 inflammasome activity, specifically targeting the NEK7 protein through an allosteric mechanism. This milestone marks a significant step forward in Halia's mission to develop innovative treatments for inflammation-related diseases.
On April 26, 2023, clinical-stage biotechnology company Evommune, Inc. secured $50 million in a Series B funding round to advance its research into novel therapies for inflammatory diseases. The round was co-led by new investor Arix Bioscience alongside EQT Life Sciences, SymBiosis, and several existing investors. Additional participants included Amplitude Ventures, another new investor, as well as Series A backers Andera Partners and Pivotal bioVenture Partners. This funding will support Evommune's continued efforts in developing breakthrough treatments for chronic inflammation.
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Market Segments
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.
The Chronic Inflammation Treatment industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Chronic Inflammation Treatment Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ 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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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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