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Immunomodulators Market Trends

  • Report ID: GMI11706
  • Published Date: Oct 2024
  • Report Format: PDF

Immunomodulators Market Trends

  • The market is poised for significant growth due to the increasing adoption of immunomodulator therapy for Crohn's disease treatment. According to MedlinePlus, Western Europe and North America reported the highest prevalence of Crohn's disease in 2022, with rates ranging from 100 to 300 cases per 100,000 individuals. Additionally, in the U.S. alone, over half a million people were affected by Crohn’s disease, highlighting the demand for immunomodulator therapy.
     
  • Furthermore, recent advancements in immunomodulatory therapy, such as CAR-T cell therapy and checkpoint inhibitors, have not only reduced organ rejection rates but also enhanced the ease of achieving remission, underscoring the growing advantages of these treatments.
     
  • Moreover, the increasing global prevalence of multiple sclerosis, with estimates from the National Multiple Sclerosis Society indicating approximately 2.9 million individuals worldwide and nearly 1 million Americans affected, is also driving the use of immunomodulator therapy.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The industry was valued at approximately USD 217.7 billion in 2023 and is projected to grow at a 6.7% CAGR from 2024 to 2032.

The immunosuppressants segment led the market with a revenue of USD 136.5 billion in 2023 and is expected to see significant growth due to the increasing demand for organ transplant rejection medications.

The North American market is forecasted to reach USD 178.3 billion by 2032. In 2023, the U.S. dominated the region with a revenue of USD 91.2 billion, driven by the high prevalence of chronic diseases.

Key players include AbbVie Inc., Amgen Inc., AstraZeneca PLC, Biogen Inc., Bristol-Myers Squibb Company, Eli Lilly and Company, F. Hoffmann-La Roche AG, Gilead Sciences, Inc., and Johnson & Johnson.

Immunomodulators Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 218
  • Countries covered: 23
  • Pages: 110
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