The Idiopathic Pulmonary Fibrosis Global Market Report 2023, provides comprehensive information on the idiopathic pulmonary fibrosis market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Idiopathic Pulmonary Fibrosis Global Market Report 2023, the global idiopathic pulmonary fibrosis market is expected to grow from $3.67 billion in 2022 to $3.89 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The idiopathic pulmonary fibrosis market is expected to reach $4.89 billion in 2027 at a CAGR of 5.9%.
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Product innovation is a key trend gaining popularity in the idiopathic pulmonary fibrosis market. Major companies operating in the idiopathic pulmonary fibrosis market focus on developing innovative products to strengthen their position and gain a competitive advantage. For instance, in May 2022, Sandoz, a Switzerland-based company that manufactures generic and biosimilar medicines, launched a generic version of pirfenidone, which is the first AB-rated equivalent to Genentech’s Esbriet, aimed at treating individuals suffering from idiopathic pulmonary fibrosis (IPF). This orally administered prescription medication is now accessible to patients through specialty pharmacies, and eligible patients can benefit from a USD 0 co-pay program.
The idiopathic pulmonary fibrosis market is segmented:
1) By Drug Type: Nintedanib, Pirfenidone, Other Drug Types
2) By Mode Of Action: Antifibrotic Agents, Tyrosine Kinase Inhibitors, Other Modes of Action
3) By Route Of Administration: Oral, Parenteral
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Providers
5) By End Users: Hospitals and Clinics, Other End Users
North America was the largest region in the idiopathic pulmonary fibrosis market in 2022.
The table of contents in TBRC’s idiopathic pulmonary fibrosis market report includes:
- Executive Summary
- Idiopathic Pulmonary Fibrosis Market Characteristics
- Idiopathic Pulmonary Fibrosis Market Trends And Strategies
- Idiopathic Pulmonary Fibrosis Market – Macro Economic Scenario
- Idiopathic Pulmonary Fibrosis Market Size And Growth
…..
- Africa Idiopathic Pulmonary Fibrosis Market
- Idiopathic Pulmonary Fibrosis Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Idiopathic Pulmonary Fibrosis Market
- Idiopathic Pulmonary Fibrosis Market Future Outlook and Potential Analysis
- Appendix
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