Market Trends of Global Immunomodulators Industry
This section covers the major market trends shaping the Immunomodulators Market according to our research experts:
Immunosuppressants are Expected to Witness a Positive Growth Over the Forecast Period
Immunosuppressive drugs, often known as immunosuppressive agents, are medications that inhibit or block immune system activation. It can reduce the high reactivity of the immune system which is causing auto-immune diseases and other chronic disorders.
An article published in PubMed in 2021, 'Systematic review of immunosuppressant guidelines in the COVID-19 pandemic', explains that Immunosuppressants, such as corticosteroids, cytokine-targeted therapies, monoclonal antibodies, and antimetabolites, are commonly prescribed for inflammatory bowel disease (IBD), rheumatological, neurological, and dermatological conditions, as well as to prevent solid organ rejection in transplant recipients. The same source points out that Immunosuppressant use is difficult to quantify; nevertheless, in the United States, it is estimated to be between 2.7 and 6.2 percent.
The case study published in May 2021 in Clinical Case Reports under the title 'Which immunosuppressive drug is preferred in the treatment of toxic epidermal necrolysis during COVID19 outbreak?' points out the fact that patients for whom intravenous immunoglobulin (IVIG) is contraindicated, cyclosporine is an effective and safe immunosuppressant alternative in the management of toxic epidermal necrolysis (TEN) during the COVID19 outbreak.
The article 'Cancer and Immunosuppression' published in 2021, says that Immunotherapeutic approaches and immune-suppressing agents have recently been discovered to be effective in the treatment of cancer. Immuno-cancer vaccines and immune growth against oncological viruses are among the ongoing research projects. Control and chemopreventive medicines are non-toxic drugs that control or eradicate immunosuppression in the tumor microenvironment to prevent tumor growth. These compounds will aid in the discovery of how cancers evade treatment and the development of treatment options.
Hence, owing to the above-mentioned facts there will be a definite amount of demand for immunosuppressants in the coming years.
North America is Expected to Lead the Immunomodulators Market
North America witnessed the largest lead in the Immunomodulator market in 2021. This is due to the increased prevalence of autoimmune diseases as well as enhanced trials and studies for the immunomodulatory field. According to a report published by the National Multiple Sclerosis Society in September 2020, there are 2.8 million people worldwide who have multiple sclerosis, and more than 1 million reside in the United States alone.
Key product releases and the presence of manufacturers in the country are all factors that have contributed to the growth of the immunomodulators market. According to the press release in December 2020, With the launch of Tacrolimus capsules in the United States, Biocon expands its generic formulation offering. Tacrolimus, a calcineurin inhibitor, is an immunosuppressant that inhibits the body's ability to eliminate a donated organ in organ transplant patients. For more than two decades, it has proven to be particularly successful in the treatment of renal transplant patients.
Furthermore, increased efforts for the developments in immunomodulation fields lead the market to grow in North America. According to the studies published by National Institute of Health in October 2020, explains that large clinical trials are started to test immune modulators for the treatment of COVID-19. The goal of the clinical research is to see if reducing the need for ventilators and shortening hospital stays can be accomplished by regulating the immune response. The ACTIV-1 Immune Modulators (IM) trial will be demonstrating if the medicines can stabilize the overactive immune system into normal. As a result of the preceding reasons, the studied market is expected to increase in the North America.