Press release
Global Idiopathic Pulmonary Fibrosis (IPF) Market Set for Transformative Growth: Breakthrough Therapies and Rising Prevalence Drive Demand 2025 | Top key players - Genentech Inc., FibroGen Inc., Galapagos NV.
The Global Idiopathic Pulmonary Fibrosis Market size reached US$ 2,184.4 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 4,614.3 million by 2030. The global idiopathic pulmonary fibrosis market is expected to exhibit a CAGR of 10.1% during the forecast period (2024-2031).The Idiopathic Pulmonary Fibrosis Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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The Idiopathic Pulmonary Fibrosis (IPF) Market encompasses therapies, diagnostics, and devices for managing IPF, a chronic, progressive lung disease with unknown cause. It includes anti-fibrotic drugs (e.g., pirfenidone, nintedanib), diagnostic tools (HRCT, lung biopsies), and supportive care (oxygen therapy, lung transplants). Market growth is driven by rising prevalence, aging populations, and advancements in treatment options.
Major players in the Idiopathic Pulmonary Fibrosis Market
The prominent players in Idiopathic Pulmonary Fibrosis market research report are: Roche Holdings AG, Boehringer Ingelheim GmbH, Genentech Inc., FibroGen Inc., Galapagos NV, MEDICINOVA INC., Bristol Myers Squibb Company, Biogen Inc., AstraZeneca PLC, and Novartis International AG.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
May 2023 - Cumberland Pharmaceuticals Inc. received FDA clearance for its Investigational New Drug (IND) application, paving the way for a Phase II clinical trial in Idiopathic Pulmonary Fibrosis (IPF)-the most prevalent progressive fibrosing interstitial lung disease. The FIGHTING FIBROSIS trial will enroll 128 patients across 20+ U.S. medical centers, assessing the potential of Cumberland's novel therapy to address this serious unmet medical need.
May 2023, Simulations Plus, Inc., a leader in pharmaceutical modeling and simulation, launched its integrated pulmonary software and services package. This specialized solution accelerates pulmonary drug development by enhancing predictive modeling, helping pharma companies optimize decision-making and expedite time-to-market for new therapies.
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Market Segments
By Treatment: Drugs, Nintedanib, Pirfenidone, Oxygen Therapy, Pulmonary rehabilitation, Lung transplant.
By End-User: Hospitals, ASCs, Clinics and Others.
The Idiopathic Pulmonary Fibrosis 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 Idiopathic Pulmonary Fibrosis 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
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
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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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