Home > Healthcare > Pharmaceuticals > Finished Drug Form > Sirolimus Market
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.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Sirolimus Market Size in 2023: | USD 270.7 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 3.6% |
2032 Value Projection: | USD 370.4 Million |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 276 |
Segments covered: | Application, Route of Administration, Dosage, Distribution Channel, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|