Latest Interleukin Inhibitors Market Growth Study 2022-2026 By The Business Research Company
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The interleukin inhibitors market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 16%, as per The Business Research Company’s market report!
Read More On The Interleukin Inhibitors Market Report 2022 – https://www.thebusinessresearchcompany.com/report/interleukin-inhibitor-global-market-report
The Interleukin Inhibitors Market Size In 2022 And Forecast
The global interleukin inhibitors market is expected to grow from $26.95 billion in 2021 to $31.73 billion in 2022 at a compound annual growth rate (CAGR) of 17.7%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The interleukin inhibitor market is expected to reach $57.87 billion in 2026 at a CAGR of 16.2%.
The interleukin inhibitors market consists of the sales of interleukin inhibitors such as interleukin -1, interleukin -5, interleukin -6, interleukin -17, interleukin 23, by companies that manufacture them.
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Increase In The Number Of Investigational Drugs Is Driving The Growth Of The Interleukin Inhibitors Market
There are 48 molecules under investigation for the treatment of inflammatory diseases such as psoriasis and psoriatic arthritis. Among these, 20 molecules are in Phase III clinical trials. These growing numbers of pipeline drugs will drive the interleukin inhibitor market upon approval.
Competitive Landscape And The Regional Analysis Of The Interleukin Inhibitors Market
Major players in the interleukin inhibitors market are Sanofi, GlaxoSmithKline, Novartis, Johnson & Johnson, Roche, Eli Lilly, AstraZeneca, Teva Pharmaceutical, and Regeneron Pharmaceuticals.
The Interleukin Inhibitors Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the interleukin inhibitors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the interleukin inhibitors market.
Developing Biosimilars – A Key Trend In The Interleukin Inhibitors Market
The patent expiry of biologic drugs is opening opportunities for biosimilar drugs, which are a cheap alternative. Major companies in the interleukins sector are focusing on developing biosimilars for interleukin inhibitors.
Interleukin Inhibitors Market Segmentation By The Business Research Company
1) By Type: IL-17, IL-23, IL-1, IL-5, IL-6, Others
2) By Application: Psoriasis, Psoriatic Arthritis, Rheumatoid Arthritis, Asthma, Inflammatory Bowel Disease, Others
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
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