Press release
Global Interleukin Inhibitors Market to Reach $96.66 Billion by 2029, Growing at 18% CAGR
What Is the Expected Size and Growth Rate of the Interleukin Inhibitors Market?In recent years, the market size of interleukin inhibitors has witnessed a substantial growth. It is projected that its value will elevate from $42.93 billion in 2024 to $49.84 billion in 2025, showcasing a compound annual growth rate (CAGR) of 16.1%. The growth recorded in the past years can be associated with factors such as the increasing prevalence of autoimmune diseases, raised awareness about interleukin inhibitors, a surge in demand for personalized medicine, an expanding elderly demographic, and the rising popularity of biosimilars.
The market size of interleukin inhibitors is projected to experience substantial expansion in the forthcoming years, rising to $96.66 billion in 2029 with a compound annual growth rate (CAGR) of 18.0%. This growth during the predicted period can be accredited to factors such as the emergence of new therapeutic indications, the worldwide aging population, combinations of immunotherapy, and heightened investments into research and development. Prominent trends for the forecasted period encompass oral interleukin inhibitors, next-gen therapies, indications for pediatric patients, broadened access, and a focus on patient-centric care.
What Factors Are Fueling Growth in the Interleukin Inhibitors Market?
The rise in experimental drugs for inflammations like psoriasis, arthritis, and inflammatory bowel disease will fuel the growth of the interleukin inhibitors market. Interleukin inhibitors work by reducing the activities of inflammatory cytokines, promoting natural immune responses to avoid host damage and preserve regular tissue homeostasis. Currently, there are 48 molecules being tested for the treatment of inflammatory diseases such as psoriasis and psoriatic arthritis. Out of these, 20 molecules have reached Phase III clinical trials. The approval of these increasing numbers of pipeline drugs will accelerate the expansion of the interleukin inhibitors market.
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Which Leading Companies Are Shaping the Growth of the Interleukin Inhibitors Market?
Major companies operating in the interleukin inhibitors market include Sanofi S.A., GlaxoSmithKline plc, Novartis International AG, Johnson & Johnson Services Inc., F. Hoffmann-La Roche Ltd., Eli Lilly and Company, AstraZeneca plc, Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., Bausch Health Companies Inc., AbbVie Inc., Sun Pharmaceutical Industries Limited, Boehringer Ingelheim International GmbH, Janssen Biotech Inc., Ortho Dermatologics, Amgen Inc., Celgene Corporation, Bristol-Myers Squibb Company, Pfizer Inc., Merck & Co. Inc., Takeda Pharmaceutical Company Limited, Biogen Inc., Vertex Pharmaceuticals Incorporated, Incyte Corporation, Seattle Genetics Inc., Karyopharm Therapeutics Inc., Kyowa Kirin Co Ltd., Astellas Pharma Inc., Ipsen Biopharmaceuticals Inc.
What Are the Major Trends Shaping the Interleukin Inhibitors Market?
The expiration of biologic drugs patents opens the door for more affordable biosimilar medications. Firms in the interleukin industry, such as Mabpharm, NeuClone Pharmaceuticals Ltd., Gedeon Richter, and Bio-Thera Solutions, concentrate their efforts on producing biosimilars that inhibit interleukin. Examples of these include canakinumab (Ilaris), ustekinumab (Stelara), tocilizumab (Actemra), and secukinumab (Cosentyx). Even though biologics have been proven clinically beneficial in treating psoriasis and other autoimmune diseases, not all patients receive this type of treatment due to various hindrances, high-cost being a major one. With the swift progress in biotechnology and the analytical sciences ensuring that biosimilars are comparable to biologic drugs, the demand for biosimilars is increasing.
What Are the Key Segments of the Interleukin Inhibitors Market?
The interleukin inhibitors market covered in this report is segmented -
1) By Type: IL-17, IL-23, IL-1, IL-5, IL-6, Other Types
2) By Application: Psoriasis, Psoriatic Arthritis, Rheumatoid Arthritis, Asthma, Inflammatory Bowel Disease, Other Applications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By IL-17: Secukinumab, Ixekizumab, Brodalumab
2) By IL-23: Ustekinumab, Guselkumab, Tildrakizumab
3) By IL-1: Anakinra, Canakinumab
4) By IL-5: Mepolizumab, Reslizumab, Benralizumab
5) By IL-6: Tocilizumab, Sarilumab
6) By Other Types: Other Interleukin Inhibitors
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Which Region Dominates the Interleukin Inhibitors Market?
The countries covered in the interleukin inhibitors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Is Covered In The Interleukin Inhibitors Global Market Report?
- Market Size Analysis: Analyze the Interleukin Inhibitors Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Interleukin Inhibitors 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 Interleukin Inhibitors Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Interleukin Inhibitors Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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