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Global Autoimmune Disease Treatment Market – Know major factors with Key Market Segments and Key Players Holding Market Share and forecast till 2024
Global Autoimmune Disease Treatment Market
Global Autoimmune Disease Treatment Market accounted to USD 55.2 billion in 2016 growing at a CAGR of 7.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major market drivers: Global Autoimmune Disease Treatment Market
• Increase in awareness about healthcare leads to drive the market.
• Increasing investments in R&D in pharmaceutical and life sciences sectors.
• Availability of various alternatives for treatment.
• Dominance of biologics in the pharma market.
• Lack of standardized treatment for diseases hampers the market.
• The lack of understanding regarding the basic etiology of various autoimmune diseases
• Absence of skilled technicians.
• Wider availability of biosimilar drugs and low cost treatment are the opportunities for competitors.
• Launch of novel biomarkers are the opportunities in the upcoming future.
Global Autoimmune Disease Treatment Market is segmented on the basis of Disease, Mechanism of Action, Diagnostic, Treatment, Product, End Users and Geography.
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On the Basis of Disease – Crohn’s disease, Rheumatoid Arthritis, Inflammatory Bowel disease, Multiple Sclerosis, systemic lupus erythematosus, Psoriasis and Ankylosing spondylitis.
On the basis of Mechanism of Action the market is segmented into TNF inhibitors, IL blockers, COX inhibitors and Phosphodiesterase type 4 inhibitors.
On the basis of Diagnostic the market is segmented into autoantibody tests, antinuclear antibody tests, urinalysis, comprehensive metabolic panel, and erythrocyte sedimentation rate .
On the basis of Treatment the market is segmented into Drugs and Therapies. Treatment for autoimmune diseases depends on types of disease. Drugs are classified in Immunosuppressant’s, Anti-Inflammatory Drugs, Corticosteroids, Nonsteroidal anti-inflammatory drugs, Biologics, glucocorticoids, methotrexate, anthralin, avonex and hydroxychloroquine and Physical Therapy are further classified in bridge therapy, topical therapy, phototherapy, and recombinant technology.
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On the basis of Product the market is segmented into diagnostic equipments, drugs, and therapeutic & monitoring equipments.
On the basis of End Users the market is segmented into the sectors such as Hospitals, Clinics, Drug Stores and Independent pharmacies.
On the basis of Geography the report covers North America, Europe, Asia-Pacific, Europe, Latin America, Middle East and Africa. Some major countries are U.S., Canada, France, Italy Spain, U.K., Netherlands, India, China, Japan, Australia, Argentina, Brazil and others. Currently North America dominates the global autoimmune disease treatment market which is followed by Europe.
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The Global Autoimmune Disease Treatment Market Report is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of autoimmune treatment market for global, Europe, North America, Asia Pacific and South America.
Some of the major players operating in this market are
Some of the major players operating in autoimmune treatment markets are Abbott Laboratories, Amgen Inc., Johnson & Johnson, Eli Lilly & Co., Pfizer, F. Hoffmann-La Roche Ltd. AstrazenecaPlc, Bristol-Myers Squibb Co., Genentech Inc., Merck & Co. Inc., Bayer Schering Pharma AG, Biogen Idec Inc., GlaxoSmithKline Plc, Elan Corporation Plc, Chugai Pharmaceutical Co. Ltd., Beckman Coulter, Thermo Fisher Scientific, Siemens Healthcare, AutoImmune Inc. and Lupin Limited among others.
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