Systemic Lupus Erythematosus Treatment Market Statistics and Outlook 2029


Posted August 24, 2023 by NilamMMR

North America is expected to hold the highest share in the Market
 
The Report Systemic Lupus Erythematosus Treatment Market by Drug Classes (NSAIDs, Corticosteroids, Antimalarials, Immunosuppressants, Biologics) and by Route of Administration ( Oral, Intravenous, Subcutaneous ) The increasing adoption of Systemic Lupus Erythematosus Treatment Market as a sustainable and high-performance material drives its market growth.

The global Systemic Lupus Erythematosus Treatment Market is on track to achieve significant growth, with a projected size was valued at US$ 2.51 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 8.59% through 2023 to 2029, reaching nearly US$ 4.48 Bn.

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Drug Classes segment with the quickest growth

The market is divided into NSAIDs, Corticosteroids, Antimalarials, Immunosuppressants, and Biologics based on the drug classes. By 2029, it is anticipated that the biologics industry will command the biggest market shares. Due to the complexity of the illness, there is an increasing need for the creation of biological treatments that alter different aspects of immune responses from patients, hospitals, and manufacturers.

The growth of the biological medicines market has been aided in recent years by a number of enterprises that have expanded into clinical studies and market approval. Due to the fact that some biologics are in the final phases of development, the growth is anticipated to be better during the entire projected period. Girls in their teen and adult years are most afflicted by the illness, which is one of the top 20 leading causes of death for women, according to a 2018 study supported by the Lupus Foundation of America. These findings have led to concerns about the approval of more disease-specific drugs. Biologics are therefore anticipated to have an increased impact on SLE treatment over the course of the projection period.

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Oral, Intravenous and Subcutaneous segments based on the type of Route of Administration in Systemic Lupus Erythematosus Treatment Market

The market is divided into oral, intravenous, and subcutaneous segments based on the route of administration. During the projection period of 2022-2029, the Oral route of administration segment is anticipated to expand quickly at a CAGR of 18%. Because during the projected period, small molecule drugs that are simple to administer will continue to be an option for treating Systemic Lupus Erythematosus.

North America region is positioned as a frontrunner in the Systemic Lupus Erythematosus Treatment Market

In terms of regions, North America had the biggest market share in 2021 and is anticipated to experience strong CAGR growth throughout the forecast period. The US and Canada are two of the main factors driving the market's expansion. The proliferation of data centres and widespread use of Systemic Lupus Erythematosus Treatments are credited with driving the rise. According to the study, there are about 3 million data centres in the US, the majority of which are housed inside of small and medium-sized businesses, corporations, and organisations.

Systemic Lupus Erythematosus Treatment Market Key Players:

1. GlaxoSmithKline plc 2. Lycera Corporation 3. F. Hoffmann-La Roche Ltd. 4. Pfizer, Inc. 5. Eli Lilly 6. AstraZeneca 7. Merck & Co., Inc. 8. Sandoz International GmbH 9. Bristol-Myers Squibb Company 10. Sanofi 11. Anthera Pharmaceuticals, Inc. 12. ImmuPharma PLC 13. Aurinia Pharmaceuticals, Inc. 14. Mylan N.V 15. Amgen Inc. 16. Johnson & Johnson Services, Inc.

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Tags systemic lupus erythematosus treatment market trend , systemic lupus erythematosus treatment market size , systemic lupus erythematosus treatment market growth , systemic lupus erythematosus treatment market industry
Last Updated August 24, 2023