The Interleukin Inhibitors Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Interleukin Inhibitors Global Market Report 2024, The interleukin inhibitors market size has grown rapidly in recent years. It will grow from $42.93 billion in 2023 to $49.84 billion in 2024 at a compound annual growth rate (CAGR) of 16.1%. The growth in the historic period can be attributed to rising prevalence of autoimmune diseases, increasing awareness of interleukin inhibitors, growing demand for personalized medicine, growing elderly population, growing popularity of biosimilars.
The interleukin inhibitors market size is expected to see rapidly grown in the next few years. It will grow to $96.66 billion in 2028 at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast period can be attributed to emerging therapeutic indications, global aging population, immunotherapy combinations, increasing investment in research and development. Major trends in the forecast period include oral interleukin inhibitors, next-generation therapies, pediatric indications, expanded access, patient-centric care.
An increase in the number of investigational drugs for inflammatory diseases such as psoriasis, arthritis, and inflammatory bowel disease will drive the interleukin inhibitors market. Inhibitors of interleukin decrease the actions of the inflammatory cytokines, stimulate innate immune responses to prevent damage to the host, and maintain normal tissue homeostasis. There are 48 molecules under investigation for the treatment of inflammatory diseases such as psoriasis and psoriatic arthritis. Among these, 20 molecules are in Phase III clinical trials. These growing numbers of pipeline drugs will drive the interleukin inhibitors market upon approval.
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The interleukin inhibitors market covered in this report is segmented –
1) By Type: IL-17, IL-23, IL-1, IL-5, IL-6, Other Types
2) By Application: Psoriasis, Psoriatic Arthritis, Rheumatoid Arthritis, Asthma, Inflammatory Bowel Disease, Other Applications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Major companies in the liability insurance carriers’ market are incorporating technologically advanced solutions for simplified operations and sustaining their position in the market. For instance, in December 2021, CorVel Corporation, a US-based workers’ liability insurance, and claim management company, launched the CogencyIQSM workers’ liability and claim management platform. The new solution leverages artificial intelligence and predictive analytics technology to provide insights into worker’s claim data and liability insurance guidance.
The interleukin inhibitors market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
Major Players:
- Sanofi S.A.
- GlaxoSmithKline PLC
- Novartis International AG
- Johnson & Johnson Services Inc.
- F. Hoffmann-La Roche Ltd.
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