Overview and Scope
Autoimmune treatment refers to the management and care of a patient for the purpose of combating an autoimmune disease or disorder. This is a type of condition in which one’s immune system starts attacking its own body cells. The autoimmune treatment is used to treat autoimmune diseases.
Sizing and Forecast
The autoimmune treatment market size has grown rapidly in recent years. It will grow from $6.83 billion in 2023 to $7.68 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to increasing prevalence, advancements in immunology, genetic research insights, patient awareness and advocacy, regulatory support.
The autoimmune treatment market size is expected to see rapid growth in the next few years. It will grow to $12.64 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be attributed to precision medicine approaches, emergence of small molecule therapies, targeting novel pathways, gene therapy innovations, increasing biopharmaceutical investments, biosimilar market growth. Major trends in the forecast period include advancements in biologics and targeted therapies, immunomodulatory therapies, focus on rare autoimmune diseases, telemedicine and remote monitoring, regulatory initiatives and drug approvals, integration of digital health tools.
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Segmentation & Regional Insights
The autoimmune treatment market covered in this report is segmented –
1) By Product: Consumables and Assay Kits, Instruments, Services
2) By Service Type: Consultation and Diagnosis, Therapy and monitoring, Drug development
3) By Disease: Rheumatoid Arthritis, Systemic Lupus Erythematosus, Sjögren’s Syndrome, Thyroiditis, Scleroderma, Other Diseases
4) By Drug Class: Anti-Inflammatory, Anti-Hyperglycemics, NSAIDs, Interferons, Other Drug Class
5) By End User: Clinical Laboratories, Hospitals, Other End Users
North America was the largest region in the autoimmune treatment market in 2023. The regions covered in the autoimmune treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increase in investments in research and development of drugs for autoimmune diseases are expected to propel the growth of the autoimmune treatment market going forward. Research and development are the actions businesses take to innovate and launch new goods and services. Research and development of drugs for autoimmune diseases allows for the development of more targeted, low-molecular-weight, orally active, and chemically characterized immune suppressive drugs with acceptable tolerability in the context of long-term autoimmune disease treatment. For instance, in January 2022, Eli Lilly and Company, a US-based pharmaceutical company, increased its R&D investment from $7 billion in 2021 to $7.19 billion in 2022, resulting in an increase in its R&D spend as a percentage of revenue from 24.8% to 25.19%. Therefore, the increasing investments in research and development of drugs drives the autoimmune treatment market growth.
Key Industry Players
Major companies operating in the autoimmune treatment market report are Abbott Laboratories, Amgen Inc., Johnson & Johnson Services Inc., Eli Lilly and Company, Pfizer Inc., Hoffmann-La Roche AG, AstraZeneca plc, Bristol-Myers Squibb Company, Autoimmune Inc., Siemens Healthcare Private Limited, Thermo Fisher Scientific Inc., Biogen Idec Inc., Bayer Schering Pharma AG, GSK plc, Genentech Inc., AbbVie Inc., Celgene Corporation, Gilead Sciences Inc., Merck & Co. Inc., Novartis International AG, Sanofi SA, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., UCB SA, Alexion Pharmaceuticals Inc., Amarin Corporation plc, AnaptysBio Inc., Apellis Pharmaceuticals Inc., Arena Pharmaceuticals Inc., Aurinia Pharmaceuticals Inc., BioCryst Pharmaceuticals Inc., Biohaven Pharmaceutical Holding Company Ltd., BioMarin Pharmaceutical Inc., bluebird bio Inc., Cabaletta Bio Inc., Catabasis Pharmaceuticals Inc., Celsion Corporation, ChemoCentryx Inc., Coherus BioSciences Inc., Corbus Pharmaceuticals Holdings Inc., CRISPR Therapeutics AG, CSL Limited, Cumberland Pharmaceuticals Inc., CytoDyn Inc.
The autoimmune treatment market report table of contents includes:
1. Executive Summary
2. Autoimmune Treatment Market Characteristics
3. Autoimmune Treatment Market Trends And Strategies
4. Autoimmune Treatment Market – Macro Economic Scenario
5. Global Autoimmune Treatment Market Size and Growth
…..
31. Global Autoimmune Treatment Market Competitive Benchmarking
32. Global Autoimmune Treatment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Autoimmune Treatment Market
34. Autoimmune Treatment Market Future Outlook and Potential Analysis
35. Appendix
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