Systemic Lupus Erythematosus Treatment Market To Reach $5.07 Billion By 2029 - Report By The Business Research Company
How Much Is The Systemic Lupus Erythematosus Treatment Market Worth?
The market for systemic lupus erythematosus treatments has seen robust expansion in the past few years. It is predicted to increase from $3.03 billion in 2024 to $3.31 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.5%. The notable growth in past years is credited to the development in biologics and targeted therapies, improved comprehension of disease processes, initiated clinical trials and research, government efforts to treat rare diseases, and heightened diagnosis and awareness of lupus.
The market for systemic lupus erythematosus treatment is anticipated to experience swift expansion in the upcoming years, growing to a value of $5.07 billion at an 11.2% compound annual growth rate by 2029. This predicted growth during the estimated period can be credited to the introduction of biosimilars for treating lupus, the inclusion of digital healthcare solutions, concentration on complementary and alternative medical practices, advancements in immunomodulatory treatments, and establishment of patient advocacy and support entities. The major trends during the period are projected to include combinatory therapies, tailored medicinal strategies, the use of biosimilars in SLE treatment, the adoption of telemedicine in SLE management, patient education initiatives, and international partnerships for lupus studies.
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What Are The Factors Driving The Systemic Lupus Erythematosus Treatment Market?
The escalation in the prevalence of autoimmune diseases is anticipated to push the systemic lupus erythematosus treatment market growth upwards. Autoimmune disease is a state in which an individual's immune system turns against his or her own body. Such a condition arises when the immune system misinterprets some parts of the body as alien elements. The body subsequently produces proteins known as autoantibodies which assault the healthy cells. Systemic lupus erythematosus is an autoimmune disease that provokes the immune system to strike its tissues, inducing widespread inflammation and tissue harm in the influenced organs. The disease can affect various parts of the body including the joints, skin, brain, lungs, kidneys, and blood vessels. As an example, the University of Oxford revealed in May 2023 that autoimmune disorders impact 10% of the global population, with a higher incidence in women at 13% and 7% in men. Consequently, the escalation in autoimmune disorders is propelling the expansion of the systemic lupus erythematosus treatment market.
Who Are The Major Players In The Systemic Lupus Erythematosus Treatment Market?
Major players in the Systemic Lupus Erythematosus Treatment include:
. GlaxoSmithKline plc
. Aurinia Pharmaceuticals Inc.
. Pfizer Inc.
. Merck & Co Inc.
. AstraZeneca plc
. Bristol-Myers Squibb Company Inc.
. F. Hoffmann-La Roche Ltd.
. ImmuPharma plc
. Sanofi SA
. Eli Lilly and Company
What Are The Key Trends And Market Opportunities In The Systemic Lupus Erythematosus Treatment Sector?
Prominent players in the Systemic Lupus Erythematosus (SLE) treatment market are progressively pouring resources into research and development of pioneering treatments and biologics. This is in a bid to enhance the outcomes for patients and cater to the currently unaddressed requirements of individuals battling with this intricate autoimmune condition. The invention of pioneering treatments offers a crucial opportunity to uplift care alternatives and better the lifestyles of patients dealing with complex health situations. For example, Noxopharm Limited, a biotech firm based in Australia, disclosed the commencement of the inaugural human clinical trial of their drug contender, SOF-SKN, in August 2024. The drug is aimed at treating autoimmune ailments, more particularly, cutaneous lupus erythematosus (CLE). SOF-SKN is a unique oligonucleotide TLR7/8 antagonist that aims at tackling the root causes of CLE as opposed to merely controlling its symptoms. This strategy marks a considerable transformation in the treatment approaches for this autoimmune skin illness, which is currently without a cure and often necessitates continuous symptom control.
Which Segment Accounted For The Largest Systemic Lupus Erythematosus Treatment Market Share?
The systemic lupus erythematosus treatment market covered in this report is segmented –
1) By Drug: Antimalarial Drugs, Non-Steroidal Anti-Inflammatory Drugs (NSAIDS), Corticosteroids, Immunosuppressive Drugs
2) By Route Of Administration: Sub-Cutaneous, Oral, Intravenous
3) By Application: Hospital Pharmacies, Retail Pharmacies, Online Sales
Subsegments:
1) By Antimalarial Drugs: Hydroxychloroquine, Chloroquine
2) By Non-Steroidal Anti-Inflammatory Drugs (NSAIDs): Ibuprofen, Naproxen, Aspirin
3) By Corticosteroids: Prednisone, Methylprednisolone
4) By Immunosuppressive Drugs: Azathioprine, Mycophenolate Mofetil, Cyclophosphamide, Belimumab
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What Are The Regional Trends In The Systemic Lupus Erythematosus Treatment Market?
In 2024, North America held the leading position in the treatment market for systemic lupus erythematosus, with expectations for growth. The market report for this treatment encompassed areas such as Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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