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Thyroid Eye Disease Market Forecast Highlights 6 Percent CAGR Through 2034 Amid Innovation in IGF 1R Targeting Therapies
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Thyroid Eye Disease Market - (By Marketed Treatment (TEPEZZA (Teprotumumab), By Pipeline Treatment (VRDN 001, VB 421, Batoclimab, Linsitnib)), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."According to the latest research by InsightAce Analytic, the Thyroid Eye Disease Market is valued at USD 2.26 billion in 2024 , and it is expected to reach USD 4.02 billion by the year 2034 , with a CAGR of 6.0% during the forecast period of 2025-2034.
Global Thyroid Eye Disease Market 2025-2034 full Research Repot latest version is now available.
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Thyroid Eye Disease (TED), also referred to as Graves' orbitopathy or Graves' ophthalmopathy, is an autoimmune disorder characterized by inflammation and swelling in the tissues surrounding the eyes. The global market for TED therapeutics is projected to exhibit consistent growth over the forecast period, primarily driven by the rising prevalence of the condition.
Key factors contributing to market expansion include advancements in autoimmune disease treatment protocols, improved healthcare infrastructure, and high levels of patient adherence to prescribed therapies. Additionally, increasing disposable incomes and a surge in research and development efforts are expected to create substantial growth opportunities for market participants.
Significant investments by prominent industry stakeholders, coupled with ongoing innovation in therapeutic product development, are anticipated to further enhance the market landscape. Moreover, supportive government initiatives aimed at encouraging the use of artificial tears and lubricating eye drops for symptom management-particularly for ocular dryness-are likely to contribute positively to the overall market trajectory.
List of Prominent Players in the Thyroid Eye Disease Market:
• Horizon Therapeutics
• Viridian Therapeutics
• Pierre Fabre/ACELYRIN
• HanAll Biopharma/Harbour BioMed/Immunovant
• Sling Therapeutics
• Other Market Players
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Market Dynamics
Drivers:
The increasing prevalence of thyroid eye disease (TED) is a key driver expected to accelerate market growth. Enhanced patient adherence to therapeutic regimens, coupled with continued advancements in the treatment of autoimmune disorders, is anticipated to significantly support the expansion of the global TED therapeutics market. Furthermore, growing investments in research and development by pharmaceutical and biotechnology companies are projected to strengthen the market outlook by fostering the introduction of more effective treatment options.
Challenges:
Despite the favorable growth environment, the market faces several challenges that may hinder its progress. The lack of a definitive cure for TED, coupled with limited disease awareness in developing regions, remains a significant constraint. Additionally, the high cost of treatment may limit accessibility for certain patient populations, thereby restraining overall market penetration. The COVID-19 pandemic further compounded these issues by disrupting global supply chains, delaying production timelines, and restricting the distribution of therapeutic products. These disruptions led to considerable financial impacts for key stakeholders, including manufacturers, suppliers, and distributors.
Regional Trends:
North America is anticipated to dominate the TED therapeutics market, accounting for a major share of global revenue and demonstrating a strong compound annual growth rate (CAGR) throughout the forecast period. This regional leadership is attributed to a high incidence of thyroid-related conditions, continuous innovation in treatment modalities, and active research and development efforts by leading industry participants. Europe also represents a significant market, supported by a robust healthcare infrastructure and a growing adoption of advanced therapeutic options. Additionally, the presence of established market players and an increase in strategic collaborations aimed at expanding geographic reach are expected to further stimulate growth in both regions.
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Recent Developments:
• In March 2024, ACELYRIN, INC. announced positive proof-of-concept results from a Phase 1⁄2 trial of lonigutamab in thyroid eye condition that is now underway. Lonigutamab is a subcutaneous (SC) humanized IgG1 monoclonal antibody that aims the insulin-like growth factor-1 receptor (IGF-1R), a known mechanism of action for thyroid eye disease treatment.
Segmentation of Thyroid Eye Disease Market-
By Marketed Treatment-
• TEPEZZA (Teprotumumab)
By Pipeline Treatment-
• VRDN 001
• VB 421
• Batoclimab
• Linsitnib
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/thyroid-eye-disease-market/2893
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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