Systemic Lupus Erythematosus Treatment Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
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LANDON, GREATER LANDON, UNITED KINGDOM, September 10, 2024 /EINPresswire.com/ -- The systemic lupus erythematosus treatment market has experienced robust growth in recent years, expanding from $2.76 billion in 2023 to $3.06 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to advancements in biologics and targeted therapies, increased understanding of disease mechanisms, clinical trials and research initiatives, government initiatives for rare disease treatment, increased awareness and diagnosis of lupus.
What Is the Estimated Market Size of The Global Systemic Lupus Erythematosus Treatment Market and Its Annual Growth Rate? The systemic lupus erythematosus treatment market is projected to grow strongly, reaching $4.66 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to emergence of biosimilars for lupus treatment, integration of digital health solutions, focus on complementary and alternative medicine, innovations in immunomodulatory therapies, patient advocacy and support organizations.
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Growth Driver of The Systemic Lupus Erythematosus Treatment MarketThe rising number of autoimmune disorders is expected to propel the growth of the systemic lupus erythematosus treatment market going forward. An autoimmune disease refers to a condition in which a patient's immune system attacks his or her body. An autoimmune disease occurs when the immune system mistakes parts of the body as foreign. The body releases proteins called autoantibodies that attack healthy cells. Systemic lupus erythematosus refers to an autoimmune disease that causes the immune system to attack its tissues, causing widespread inflammation and tissue damage in the affected organs. It affects the joints, skin, brain, lungs, kidneys, and blood vessels.
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Which Market Players Are Driving the Systemic Lupus Erythematosus Treatment Test Market Growth? Key players in the systemic lupus erythematosus treatment market include GlaxoSmithKline PLC, Aurinia Pharmaceuticals Inc., Pfizer Inc., Merck & Co Inc., Anthera Pharmaceuticals Inc., AstraZeneca PLC.
What Are the Dominant Trends in Systemic Lupus Erythematosus Treatment Market Size and Growth? Major companies operating in the systemic lupus erythematosus treatment market are focusing on product approvals such as saphnelo to drive revenues in their market. Saphnelo (anifrolumab-fnia) is a prescription medicine used to treat adults with systemic lupus erythematosus (SLE) ranging from moderate to severe who are also taking other lupus medications.
How Is the Global Systemic Lupus Erythematosus Treatment Market Segmented?1) By Drug: Antimalarial Drugs, Non-Steroidal Anti-Inflammatory Drugs (NSAIDS), Corticosteroids, Immunosuppressive Drugs2) By Route Of Administration: Sub-Cutaneous, Oral, Intravenous3) By Application: Hospital Pharmacies, Retail Pharmacies, Online Sales
Geographical Insights: North America Leading the Systemic Lupus Erythematosus Treatment MarketNorth America was the largest region in the systemic lupus erythematosus treatment market in 2023. The regions covered in the systemic lupus erythematosus treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Systemic Lupus Erythematosus Treatment Market DefinitionSystemic lupus erythematosus refers to an autoimmune disease that causes the immune system to attack its own tissues, causing widespread inflammation and tissue damage in the affected organs. It affects the joints, skin, brain, lungs, kidneys, and blood vessels. It is the most common type of lupus and cannot be cured, but medical interventions and lifestyle changes can help control it. Treatment for systemic lupus erythematosus consists mostly of immunosuppressive drugs that inhibit the immune system's activity.
Systemic Lupus Erythematosus Treatment Global Market Report 2024 from TBRC covers the following information:• Market size data for the forecast period: Historical and Future• Macroeconomic factors affecting the market in the short and long run• Analysis of the macro and micro economic factors that have affected the market in the past five years• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global systemic lupus erythematosus treatment market report covering trends, opportunities, strategies, and moreThe Systemic Lupus Erythematosus Treatment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on systemic lupus erythematosus treatment market size, systemic lupus erythematosus treatment market drivers and trends, systemic lupus erythematosus treatment market major players, systemic lupus erythematosus treatment competitors' revenues, systemic lupus erythematosus treatment market positioning, and systemic lupus erythematosus treatment market growth across geographies. The systemic lupus erythematosus treatment market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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September 10, 2024, 16:15 GMT
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