Key Factors to Fuel Growth of the Inflammatory Diseases Market through 2027
A new understanding of inflammatory diseases has changed the drug development landscape for several major diseases that are affecting millions of people in the world. Inflammation describes the primary response of the body that eliminates the cause of injury. Periodically, body’s defense mechanism works inappropriately that leads to inflammation. Drug development has focused on treating each disease symptoms separately. The discovery of drugs to treat inflammatory diseases related with immune system is driving the market towards growth. Immune Mediated Inflammatory diseases represent a global threat in terms of quality of life, morbidity and mortality that leads to increasing opportunity to develop new treatments to conquer the inflammatory diseases and increase market share. On the top inflammatory diseases are most common in human beings. Increasing popularity of inflammatory diseases and treatment followed by anti-inflammatory drugs with lesser side effects is driving the global inflammatory diseases market.
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Based on type of diseases, global inflammatory diseases market can be segmented into following
- Respiratory Diseases
- Chronic obstructive pulmonary disease
- Heart disease
- Multiple Sclerosis
- Inflammatory Bowel Disease
- Bone disease
- Rheumatoid Arthritis
Based on type of drug class, global inflammatory diseases market can be segmented into following
- Anti-inflammatory Biologics
- Non-steroidal Anti-Inflammatory Drugs
Based on type of distribution channel, global inflammatory diseases market can be segmented into following
- Hospital pharmacy
- Retail pharmacy
- Drug stores
- Online pharmacy
On the basis of type of disease global inflammatory diseases market is segmented into respiratory diseases, heart disease, multiple sclerosis, Psoriasis, inflammatory bowel disease, bone disease and others. Respiratory diseases are further classified into asthma and chronic obstructive pulmonary disease, where asthma is a condition in that a person’s airways become swollen, narrow and inflamed to produce extra mucus and chronic obstructive pulmonary disease (COPD) is name for a group of lung conditions that causes due to smoking in adults that leads to breathing difficulties. Heart disease or heart disorders are conditions in that heart stops functioning, there are several types of heart diseases like arrhythmias heart disease, atherosclerotic and cardiomyopathy. Multiple sclerosis is a degenerative disease that attack central nervous system and disrupts the flow of information within the brain. Psoriasis is systemic inflammation that causes red and flaky plaques with joint pain of psoriatic arthritis. Inflammatory bowel disease involves inflammation related with gastro intestinal tract, includes to most common diseases of gastro intestinal tract that are crohn’s disease and ulcerative disease. Bone disease mostly includes rheumatoid arthritis and osteoarthritis.
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Moreover, on the basis of drug class used in treatment of inflammatory diseases global inflammatory diseases market is segmented into non-steroidal anti-inflammatory drugs, anti-inflammatory biologics and corticosteroids. Non-steroidal anti-inflammatory drugs bound the production of hormones in the body such as prostaglandins that is responsible for inflammation. Anti-inflammatory biologics are mostly used in treatment of arthritis indications in rheumatoid arthritis and osteoarthritis that is one of the revenue generating segment followed by respiratory diseases like asthma and chronic obstructive pulmonary disease. On the basis of distribution channel global inflammatory disease market is segmented into hospital pharmacy, retail pharmacy, drug stores and online pharmacy.
Geographically, global inflammatory market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific and Middle East Africa. North Amrica is dominating in inflammatory diseases market as there is demand for branded medicines over the generic medicines. Rising geriatric population is driving the inflammatory diseases market throughout the globe. Followed by North America, Asia Pacific and Latin America has shown increasing market share in inflammatory diseases.
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Some of the major players in global inflammatory diseases market are AstraZeneca, Merck & Co., GlaxoSmithKline, Bristol-Myers Squibb, F-Hoffmann-La-Roche, Eli Lilly and Sanofi. Other emerging competitors like Enlivex Therapeutics Ltd., Gilead Sciences, Immune Pharmaceuticals, Merck, Mitsubishi Tanabe Pharma Corporation, Neovacs, Prometheus Laboratories, Sandoz, and Takeda Pharmaceuticals are developing drug pipeline and launch of new products as key strategies.
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