Vasculitis Treatment Market By Drug Class (Biologics, Corticosteroids and immunosuppressants), By Disease Type (Small and medium vessel vasculitis, Large vessel vasculitis), By Distribution Channel (Hospital pharmacies, Drug store and retail pharmacies, Online Pharmacies): Global Opportunity Analysis and Industry Forecast, 2021-2031
Vasculitis causes inflammation of the blood vessels. Blood vessel walls may thicken as a result of the inflammation, reducing the diameter of the vessel's passage. Vasculitis is the inflammation of capillaries, veins, and arteries. The illness has no age restrictions and can affect both sexes equally. There are many different types of vasculitis, and their scientific characteristics might differ greatly in terms of severity, symptoms, and disease duration. The type of vasculitis differs depending on which blood vessels are affected.
The major factors that drive the growth of the vasculitis treatment market is increase in geriatric population, and rise in incidence of chronic diseases. In addition, shift toward the adoption rate of biologics and its development is a key trend of the market which is expected to fuel the market growth during the forecast period.
Many key market players are investing in R&D activities and launching new biologics products for the treatment of vasculitis. Various inorganic strategies, such as acquisition, are adopted by the key market players for expansion of the vasculitis treatment market. For instance, in August 2022 Amgen and ChemoCentryx, a biopharmaceutical company focused on orally administered therapeutics to treat autoimmune diseases, inflammatory disorders, and cancer, announced that the companies have entered into a definitive agreement under which Amgen will acquire ChemoCentryx.
In addition, the global demand for vasculitis treatment has increased as a result of the rise in the development of drugs and R&D activities related to them, which is a major driving force behind the growth of the vasculitis treatment market. However, side effects associated with usage of corticosteroids are expected to hinder the growth of the market. Conversely, rise in R&D activities for drug discovery and development to suffice the consumer demands in developing countries is expected to provide a great opportunity for the investors to invest in the market.
The global vasculitis treatment market is segmented on the basis of drug class, disease type, distribution channel, and region. On the basis of drug class, the market is categorized into biologics, corticosteroids, and immunosuppressants. As per disease type, it is divided into small & medium vessel vasculitis, and large vessel vasculitis. Small & medium vessel vasculitis is further bifurcated as ANCA associated vasculitis and others. Depending on distribution channel, the market is classified into hospital pharmacies, drug store & retail pharmacies, and online pharmacies. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players profiled in the report are AbbVie Inc., Amgen Inc., Amneal Pharmaceuticals, Inc., F. Hoffmann-La Roche AG, GlaxoSmithKline plc, InflaRx NV, Novartis AG, Pfizer Inc., Staidson Biopharma Inc., and Teva Pharmaceuticals Industries Ltd.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vasculitis treatment market analysis from 2021 to 2031 to identify the prevailing vasculitis treatment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the vasculitis treatment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global vasculitis treatment market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Distribution Channel
Hospital pharmacies
Drug store and retail pharmacies
Online Pharmacies
By Drug Class
Corticosteroids and immunosuppressants
Biologics
By Disease Type
Small and medium vessel vasculitis
Type
ANCA associated vasculitis
Others
Large vessel vasculitis
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest Of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest Of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest Of LAMEA
Key Market Players
Amneal Pharmaceuticals, Inc.
AstraZeneca plc
F. Hoffmann-La Roche Ltd
Glaxosmithkline plc
Pfizer Inc.
InflaRx N.V
Novartis AG
ChemoCentryx
AbbVie
Teva Pharmaceutical Industries Ltd.
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