Idiopathic Pulmonary Fibrosis Market by Drug Type (Nintedanib, and Pirfenidone) and Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Providers): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global idiopathic pulmonary fibrosis market was valued at $3,126.08 million in 2020, and is projected to reach $6,169.37 million by 2030, registering a CAGR of 7.0% from 2021 to 2030.
Idiopathic pulmonary fibrosis is a chronic lung disease or a condition in which the tissues in lungs become thick and stiff over time. As a result of thickening of lung tissues, brain, and other organs are unable receive optimum oxygen. This condition causes scar tissue (fibrosis) to build up in the lungs, which makes the lungs unable to transport oxygen into the bloodstream effectively. The disease usually affects people between the ages of 50 and 70. Idiopathic pulmonary fibrosis belongs to a group of conditions called interstitial lung diseases (also known as ILD), which describes lung diseases that involve inflammation or scarring in the lung.
The most common signs and symptoms of idiopathic pulmonary fibrosis are shortness of breath and a persistent dry, hacking cough. Many affected individuals also experience a loss of appetite and gradual weight loss. Some people with idiopathic pulmonary fibrosis develop widened and rounded tips of the fingers and toes (clubbing) resulting from a shortage of oxygen.
The major factors that drive the growth of the global idiopathic pulmonary fibrosis market include rise in prevalence of fibrotic disease and increase in geriatric population. In addition, surge in demand for cost-effective drugs and introduction of advanced treatment options propel the market growth. However, unavailability of the proper treatment options of the disease restricts the market growth.
The global idiopathic pulmonary fibrosis market is segmented on the basis of type of drug, distribution channel and region. According to type of drug, the market is divided into pirfenidone and nintedanib. On the basis of distribution channel, the market is divided into hospital pharmacies, retail pharmacies and online providers. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA).
The major companies profiled in the report include AstraZeneca Plc, Biogen Inc., Boehringer Ingelheim, F. Hoffmann-La Roche, FibroGen, Inc., Mission Therapeutics., GNI Group Ltd, Galapagos NV, Biogen, Bristol-Myers Squibb Company., and Shiongi Co Ltd.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global idiopathic pulmonary fibrosis market along with the current trends and future estimations to elucidate the imminent investment pockets.
A comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps to understand the products and end users of idiopathic pulmonary fibrosis used across the globe.
Key market players and their strategies have been analysed to understand the competitive outlook of the market.
By Drug Type
Pirfenidone
Nintedanib
By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Providers
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
KEY Players
AstraZeneca PLC
Bristol-Myers Squibb Company
Boehringer Ingelheim
GNI Group Ltd
F. Hoffmann-La Roche Ltd. (Genentech, Inc.,)
Shiongi co Ltd
Mission Therapeutics
Biogen, Inc
Galapagos NV
FibroGen, Inc
List of Company Profiles
AstraZeneca Plc
Biogen Inc.
Boehringer Ingelheim
F. Hoffmann-La Roche
FibroGen, Inc.
Mission Therapeutics.
GNI Group Ltd
Galapagos NV
Biogen
Bristol-Myers Squibb Company.
Shiongi Co Ltd
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