Sirolimus Market - By Application (Organ Transplant Rejection, Lymphangioleiomyomatosis), Route of Administration (Injection, Tablets), Dosage (0.5mg, 1mg, 2mg), Distribution Channel (Hospital Pharmacy, Retail Pharmacy) – Global Forecast (2024 – 2032)
Report ID: GMI8726
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Published Date: March 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 14
Tables & Figures: 276
Countries covered: 22
Pages: 190
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Sirolimus Market Size
Sirolimus Market size was valued at around USD 270.7 million in and is anticipated to register a CAGR of 3.6% between 2024 and 2032. Sirolimus is a medication classified as an immunosuppressant and mammalian target of rapamycin (mTOR) inhibitor. Originally developed as an antifungal agent sirolimus is primarily used in transplantation medicine to prevent organ rejection in patients receiving kidney, liver, or heart transplants. It works by inhibiting the activity of the mTOR protein kinase, plays a crucial role in cell growth and proliferation.
The increasing prevalence of organ transplants is a significant driver for the market. For instance, according to the Health Resources and Services Administration, in 2023, the U.S. witnessed 15,927 kidney transplants, 6,413 liver transplants, 67 pancreas transplants, 2,671 heart transplants, 1,778 lung transplants, and 93 other types of transplants. Thus, the growing demand for organ transplants is fueling the expansion of the market for organ transplantation-related products and services, including immunosuppressant medications.
Furthermore, market growth is attributed to multiple factors, including the promising pipeline for different indications, advancements in pharmaceutical drug delivery systems, and rapid advancements in healthcare infrastructure.
Sirolimus Market Trends
Advancements in novel drug delivery systems for sirolimus have significantly improved the therapeutic outcomes and patient experience associated with its use. These innovations focus on optimizing drug delivery mechanisms to enhance efficacy, increase patient compliance, and minimize adverse effects.
Sirolimus Market Analysis
Based on application, the market is bifurcated into organ transplant rejection, lymphangioleiomyomatosis (LAM), and sirolimus coated balloons and catheter devices. The organ transplant rejection segment held the market size of USD 120.8 million in 2023.
Based on route of administration, the sirolimus market is segmented into injection and tablets. The tablets segment is anticipated to reach a market size of USD 211.1 million by 2032.
Based on dosage, the sirolimus market is segmented into 0.5mg, 1mg, and 2mg. The 1mg segment held a market size of USD 120.9 million in 2023.
Based on distribution channel, the sirolimus market is segmented hospital pharmacy, retail pharmacy, and online pharmacy. The hospitals pharmacy segment expected reach a market size of USD 165.1 million by 2032.
North America sirolimus market accounted for USD 109.7 million revenue in 2023 and is predicted to witness substantial market growth.
Sirolimus Market Share
The sirolimus industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products and services based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.
Sirolimus Market Companies
Some of the eminent market participants operating in the sirolimus industry include:
Sirolimus Industry News:
Sirolimus market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:
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Market, By Application
Market, By Route of Administration
Market, By Dosage
Market, By Distribution Channel
The above information is provided for the following regions and countries: