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Soliris Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Which drivers are expected to have the greatest impact on the over the soliris market's growth?The escalating occurrence of rare blood disorders is projected to drive the expansion of the soliris market. Such rare conditions, including hemophilia, sickle cell anemia, and thalassemia impact the blood's production, composition, or clotting. Improvements in diagnostic methods, increased awareness, and genetic and environmental contributors are credited for the escalation. Soliris acts on the complement protein C5, assisting patients by curbing excessive complement activation, hence decreasing the likelihood of grave outcomes like hemolysis and organ damage, thus enabling better disease management and patient outcomes. As an illustration, data from NHS England in May 2024 highlights that approximately 17,000 individuals suffer from sickle cell disease, an innate blood disorder in England, with roughly 250 new cases identified annually. Therefore, the escalating occurrence of rare blood disorders fuels the soliris market's expansion. Rising funding in rare disease research also fuels the expansion of Soliris market. This surge in research investment is stimulated by an increasing acknowledgment of unfulfilled medical needs, progress in genomics, and the prospect of groundbreaking therapies boosting patient outcomes. This investment helps Soliris by broadening the understanding of less addressed conditions, in turn, increasing the demand for effective treatments. For example, the Department of Health and Science Care, a UK-based government entity, bestowed substantial funds in July 2023, including USD 834.20 million for Biomedical Research Centers, $15.06 million for the UK Rare Disease Research Platform, and $50.20 million for the NIHR BioResource, intending to link genetic data to clinical traits across 50 rare diseases to enrich diagnostic and treatment development. Consequently, the rising funding in rare disease research propels the growth of the Soliris market.
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What is the future CAGR of the soliris market, and how will it impact industry expansion?
In recent times, there has been substantial growth in the Soliris market. Predictions suggest it will expand from a worth of $1,880.37 million in 2024, to an impressive $2,030.44 million in 2025, with a compound annual growth rate (CAGR) of 8.0%. This remarkable growth in the past can be ascribed to factors such as regulatory permissions, heightened awareness of rare diseases, a surge in demand for complement inhibition, wider indicators, and an enhanced rate of diagnosis.
The growth rate of the Soliris market is projected to soar robustly in the coming years, reaching an impressive $3,734.88 million mark by 2029 with a Compound Annual Growth rate of 7.7%. The positive trajectory during this period can be credited to the rising occurrence of complement-mediated diseases, advancements in gene therapy, widened market reach in developing regions, expansion of biosimilars, and enhanced adherence by patients. Significant trends expected in this forecast period encompass the adoption of combined therapies, a surge in patient-focused treatment approaches, a shift towards personalized medicine, increased application of digital health technologies, and emphasis on cost-effectiveness and value-driven care.
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What are the most significant trends transforming the soliris market today?
The central theme in the Soliris market is centered around the evolution of biologic drugs for neuromyelitis optica spectrum disorder (NMOSD), thereby improving treatment avenues for uncommon blood diseases. This signifies a substantial progression in managing NMOSD, an infrequent and incapacitating autoimmune illness that impacts the central nervous system, by offering an effective treatment to decrease relapses and inhibit further neurological harm. For instance, in October 2023, AstraZeneca PLC, a pharmaceutical firm from the UK, attained approval for Soliris (eculizumab) from China's National Medical Products Administration (NMPA) for the therapy of adult NMOSD patients who test positive for anti-aquaporin-4 (AQP4) antibodies (Ab+). This is the first and only complement inhibitor to gain approval for NMOSD treatment in China.
Which key market segments comprise the soliris market and drive its revenue growth?
The solirismarket covered in this report is segmented -
1) By Type: Plasma Exchange; Plasma Infusion
2) By Application: Paroxysmal Nocturnal Hemoglobinuria (PNH); Atypical Hemolytic Uremic Syndrome (AHUS)
3) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
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What regions are at the forefront of soliris market expansion?
North America was the largest region in the Soliris market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the soliris market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the soliris market?
Major companies operating in the soliris market include Pfizer
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What Is Covered In The Soliris Global Market Report?
•Market Size Forecast: Examine the soliris market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the soliris market for a structured understanding.
•Key Players Overview: Analyze major players in the soliris market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the soliris market.
•Segment Contributions: Evaluate how different segments drive overall growth in the soliris market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the soliris market.
•Industry Challenges: Identify potential risks and obstacles affecting the soliris market.
•Competitive Landscape: Review strategic developments in the soliris market, including expansions, agreements, and new product launches.
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