Market Size of Global Autoimmune Treatment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.20 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Autoimmune Treatment Market Analysis
The autoimmune treatment market is expected to grow with a CAGR of 4.2%, over the forecast period (2022-2027).
The COVID-19 pandemic had an adverse effect on market growth. Patients with autoimmune rheumatic diseases are more likely to develop infections and cardiovascular co-morbidities, according to a research report released in June 2020 under the title "Challenges of autoimmune rheumatic disease therapy during the COVID-19 pandemic: A review" stated that they appear to have a slightly greater risk of acquiring severe forms rather than a clearly increased risk of COVID-19. In autoimmune rheumatic disorders, hydroxychloroquine does not show clinical COVID-19 prophylactic effectiveness. Therefore, the pandemic has had a adverse effect on how autoimmune illnesses are treated. Similarly, in January 2022, a different research study titled "Autoimmune complications of COVID-19" stated that in addition to the complications that patients experience during the COVID-19 disease period, there is growing evidence regarding the late-onset complications of COVID-19, of which autoimmune manifestations have drawn significant attention since the early months of the pandemic. The indications of COVID-19's ability to cause autoimmunity to include immunological thrombocytopenic purpura, autoimmune thyroid disorders, Kawasaki illness, Guillain-Barre syndrome, and the identification of autoantibodies. Patients with such diseases were therefore at higher risk. Thus, the pandemic had an adverse effect on market growth.
Increasing autoimmune disorders are expected to increase market growth. More than 2.8 million people worldwide, including about 1 million in the United States, are currently living with multiple sclerosis, according to the Atlas of Multiple Sclerosis Report from 2020. Autoimmune illnesses are becoming more prevalent, which is a problem for European nations. The Multiple Sclerosis Trust estimates that there are 2.5 million people worldwide who have multiple sclerosis, with Europe having the highest prevalence in 2020. Women experience multiple sclerosis more frequently than males. Women experience multiple sclerosis more frequently than males. Rheumatoid arthritis affects two million people, while psoriasis, one of the most prevalent autoimmune disorders, is thought to impact between 2% and 3% of the general population. One major factor driving rising usage rates is the increased understanding of autoimmune disorders as a result of programs for research, education, support, and activism. The American Autoimmune Related Disease Association (AARDA), which is committed to the eradication of autoimmune illnesses, the reduction of pain, and the socioeconomic impact of autoimmunity, designates the month of March each year as Autoimmune Disease Awareness Month (ADAM). The American Kidney Fund (AKF) launched a new patient-focused education and awareness campaign on lupus nephritis, a kidney condition caused by lupus, in February 2021. The AKF campaign gave lupus patients the much-needed information they need regarding the symptoms, diagnosis, and treatment of lupus nephritis. The advertising for AKF was created using grant funding from GlaxoSmithKline plc. Similarly, in September 2021, Scipher Medicine entered a partnership with Ventegra Inc. The collaboration will allow Ventegra to provide its customers with access to Scipher's PrismRA liquid molecular signature test, which aids in determining the most targeted medicine for rheumatoid arthritis patients (RA). Thus, the abovementioned factors are expected to increase market growth.
However, the higher cost of therapeutics, and low medical insurance coverage for autoimmune diseases are expected to hinder the market growth.
Autoimmune Treatment Industry Segmentation
As per the scope of the report, in case of autoimmune diseases the body's immune system attacks healthy cells. The autoimmune diseases cannot be cured but they can control the intense immune response and bring down inflammation or at least reduce pain and inflammation. The Autoimmune Treatment Market is Segmented by Indication (Rheumatic Disease, Diabetes, Multiple Sclerosis, Inflammatory Bowel Disease, and Other Indications), Drug class (Anti-Inflammatory, Anti-Hyperglycemics, NSAIDs, Interferons, and Other Drugs), Sales channel (Hospital Pharmacy, Online, and Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
By Indication | |
Rheumatic Disease | |
Diabetes | |
Multiple Sclerosis | |
Inflammatory Bowel Disease | |
Other Indications |
By Drug Class | |
Anti-Inflammatory | |
Anti-Hyperglycemics | |
NSAIDs | |
Interferons | |
Other Drugs |
By Sales Channel | |
Hospital Pharmacy | |
Online | |
Others |
Geography | ||||||||
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Global Autoimmune Treatment Market Size Summary
The autoimmune treatment market is poised for growth, driven by the increasing prevalence of autoimmune disorders and advancements in treatment options. The market has faced challenges due to the COVID-19 pandemic, which adversely affected treatment protocols and highlighted the complexities of managing autoimmune conditions in the context of viral infections. Despite these challenges, the rising awareness and understanding of autoimmune diseases, supported by initiatives from organizations like the American Autoimmune Related Disease Association and the American Kidney Fund, are expected to bolster market expansion. The development of targeted therapies and partnerships, such as those between Scipher Medicine and Ventegra Inc., further contribute to the market's positive outlook.
North America is anticipated to lead the autoimmune treatment market, supported by significant research funding and a high incidence of autoimmune disorders. The region's dominance is reinforced by the presence of major pharmaceutical companies like AbbVie, Amgen, and Johnson & Johnson, which are actively involved in developing innovative therapies. The market's competitive landscape is characterized by the presence of key players and ongoing clinical trials, such as those initiated by Genentech and Janssen Pharmaceutical Companies, which aim to address the unmet needs in autoimmune disease treatment. Despite the high cost of therapeutics and limited insurance coverage posing challenges, the market is expected to witness substantial growth due to the increasing pipeline of drugs and new product launches.
Global Autoimmune Treatment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rise in the Prevalence of Autoimmune Diseases
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1.2.2 Increasing Investments in Research and development
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1.2.3 Advancements in Diagnostic Methods
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1.3 Market Restraints
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1.3.1 Higher Cost of Therapeutics
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1.3.2 Low Medical Insurance Coverage for Autoimmune Diseases
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Indication
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2.1.1 Rheumatic Disease
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2.1.2 Diabetes
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2.1.3 Multiple Sclerosis
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2.1.4 Inflammatory Bowel Disease
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2.1.5 Other Indications
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2.2 By Drug Class
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2.2.1 Anti-Inflammatory
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2.2.2 Anti-Hyperglycemics
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2.2.3 NSAIDs
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2.2.4 Interferons
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2.2.5 Other Drugs
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2.3 By Sales Channel
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2.3.1 Hospital Pharmacy
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2.3.2 Online
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2.3.3 Others
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle-East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle-East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Global Autoimmune Treatment Market Size FAQs
What is the current Global Autoimmune Treatment Market size?
The Global Autoimmune Treatment Market is projected to register a CAGR of 4.20% during the forecast period (2024-2029)
Who are the key players in Global Autoimmune Treatment Market?
AbbVie, Amgen, Johnson and Johnson, Eli Lilly and Company and Pfizer Inc. are the major companies operating in the Global Autoimmune Treatment Market.