Autoimmune Disease Therapeutics Market Growth Opportunities and Forecast till 2030
The Global Autoimmune Disease Therapeutics Market Size valued for USD 126.9 Billion in 2021 and is anticipated to reach USD 177.3 Billion by 2030 with a CAGR of 3.9% from 2022 to 2030.
Autoimmune diseases are conditions in which the immune system of the body attacks and destroys its own healthy cells and tissues. Rheumatoid arthritis, lupus, multiple sclerosis, type 1 diabetes, and Crohn's disease are among the more than 80 known autoimmune diseases. These diseases can affect the joints, skin, muscles, and organs, among other things. Treatments for autoimmune diseases seek to mitigate or stop the immune system's attack on the body's healthy tissues. There are several types of autoimmune disease therapeutics, including biologic drugs, corticosteroids, immunosuppressants, intravenous immunoglobulin (IVIG), plasmapheresis, and stem cell transplantation. The specific condition, the intensity of the symptoms, and the patient's general health all influence the choice of autoimmune disease therapies. To manage the symptoms and stop additional harm to the damaged tissues, treatment frequently combines drugs and other therapies.
Parameter |
Autoimmune Disease Therapeutics Market |
Autoimmune Disease Therapeutics Market Size in 2021 |
US$ 126.9 Billion |
Autoimmune Disease Therapeutics Market Forecast By 2030 |
US$ 177.3 Billion |
Autoimmune Disease Therapeutics Market CAGR During 2022 – 2030 |
3.9% |
Autoimmune Disease Therapeutics Market Analysis Period |
2018 - 2030 |
Autoimmune Disease Therapeutics Market Base Year |
2021 |
Autoimmune Disease Therapeutics Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Drug Class, By Indication, By Sales Channel, and By Region |
Autoimmune Disease Therapeutics Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
AbbVie Inc., Amgen Inc., Abbott Laboratories, AstraZeneca plc., Bristol-Myers Squibb Company, Novartis AG, Pfizer Inc., F. Hoffmann-La Roche AG, UCB S.A., and Johnson & Johnson. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Autoimmune Disease Therapeutics Market Dynamics
The demand for autoimmune disease therapies is rising due to the rising prevalence of autoimmune illnesses worldwide. Around 50 million People have an autoimmune disease, and this number is anticipated to keep growing, according to the American Autoimmune Related Disorders Association. Certain immune system components are the focus of biologic treatments, a subset of medications for autoimmune diseases. These treatments are in high demand due to their success in treating autoimmune illnesses.
As awareness of autoimmune diseases increases, more people are being diagnosed with these conditions. This is driving the demand for autoimmune disease therapeutics as patients seek treatment for their symptoms. Advances in drug delivery technology have made it possible to develop more effective and targeted autoimmune disease therapeutics. For example, new formulations of biologics can be administered subcutaneously, which improves patient convenience and compliance. Governments around the world are investing in research and development of autoimmune disease therapeutics. This is driving innovation and the development of new therapies for these conditions. Many healthcare systems provide favorable reimbursement policies for autoimmune disease therapeutics, which is driving the demand for these treatments.
A class of autoimmune disease treatments known as biologic therapy can be quite pricey. Some therapies may not be accessible to individuals who cannot afford them or are not covered by insurance due to their high cost. Therapeutics for autoimmune diseases can have serious adverse effects, including a heightened risk of infections, allergic responses, and infusion reactions. These adverse effects may prevent some patients from receiving these medications, particularly those who are elderly or have other concomitant conditions. Some patients may decide against standard autoimmune disease treatments in favor of complementary therapies like acupuncture or herbal remedies. The need for these treatments might decline as a result. The creation and regulatory approval of treatments for autoimmune diseases is a difficult and drawn-out procedure requiring extensive testing. The availability of innovative medicines may be restricted by strict regulatory regulations, which may also lengthen the time and expense needed to bring them to market.
Autoimmune Disease Therapeutics Market Insight
The autoimmune disease therapeutics market is divided into drug class, indication, sales channel, and geographic markets. Drug class segment is further sub-segmented into antihyperglycemics, anti-inflammatory, interferons, NSAIDs and others. Based on indication, the market is split into inflammatory bowel disease, multiple sclerosis, rheumatic disease, type 1 diabetes, and other indications. Based sales channel, the market is split into drug store & retail pharmacy, hospital pharmacy, and online store. North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa comprise the region sector.
Global Autoimmune Disease Therapeutics Market Geographical Competition
North America dominates the autoimmune disease therapeutics market due to a high prevalence of autoimmune diseases, a well-established healthcare system, and favorable reimbursement policies. The US, in particular, is the largest market in the region, with a high demand for biologic therapies.
Europe is the second-largest market for autoimmune disease therapeutics, with a high prevalence of autoimmune diseases and a well-established healthcare system. The region has a strong regulatory environment that fosters innovation and ensures patient safety.
Asia Pacific is expected to be the fastest-growing market for autoimmune disease therapeutics due to a high prevalence of autoimmune diseases and a growing demand for biologic therapies. The region also has a large population, which presents significant market potential.
Global Autoimmune Disease Therapeutics Industry Segment Analysis
Market By Drug Class
· Antihyperglycemics
· Anti-inflammatory
· Interferons
· NSAIDs
· Others
Market By Indication
· Inflammatory Bowel Disease
· Multiple Sclerosis
· Rheumatic Disease
· Type 1 Diabetes
· Other Indications
Market By Sales Channel
· Drug Store & Retail Pharmacy
· Hospital Pharmacy
· Online Store
Autoimmune Disease Therapeutics Market Leading Companies
The players profiled in the report are AbbVie Inc., Amgen Inc., Abbott Laboratories, AstraZeneca plc., Novartis AG, Pfizer Inc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG, UCB S.A., and Johnson & Johnson.
Autoimmune Disease Therapeutics Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa