Interstitial Lung Disease Market in Focus: Forecasting Growth Drivers, Scaling Potential, and Global Opportunities
Discover trends, market shifts, and competitive outlooks for the interstitial lung disease industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Is the Current and Projected Market Size of the Interstitial Lung Disease Market Through 2034?
In the past few years, there has been a notable expansion in the market size for interstitial lung disease. The industry, which is estimated to be worth $1.97 billion in 2024, is projected to increase to $2.11 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.2%. The surge observed in the preceding period could be due to enhanced awareness and diagnostic measures, advancements in therapies that modulate the immune system, programs intended for respiratory rehabilitation, and teams offering multidisciplinary care.
The market for interstitial lung disease is projected to experience significant expansion in the upcoming years, with an estimation to reach a value of $2.85 billion in 2029, growing at a CAGR of 7.9%. Factors that contribute to the growth in the forecast period encompass precision medicine, innovative drug development, regenerative medicine, telehealth and remote patient monitoring. The expected trends in the forecast period are improvements in imaging technology, the use of artificial intelligence in imaging, differentiation of fibrosis subtypes, as well as supportive care services.
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What Are the Core Market Drivers Propelling Growth in the Interstitial Lung Disease Industry?
The increased occurrence of allergy-related conditions is thought to be a significant contributor to the expansion of the interstitial lung disease market. An allergic condition is an overreaction of the immune system to what is generally a harmless substance, known as an allergen. Allergies can lead to interstitial lung disease (ILD), specifically hypersensitivity pneumonitis, representing an allergic response. For instance, in November 2023, the National Asthma Council of Australia reported 467 asthma-related deaths in 2022, including 299 females and 168 males. That was a sharp increase from the 355 deaths in 2021. This rising prevalence of allergic conditions pushes the skin health foods market growth and consequently, stimulates the interstitial lung disease market’s growth. Interstitial Lung Disease Market Stimulus: The Increase in Autoimmune Diseases Fuels the Interstitial Lung Disease Market Growth
How Is the Interstitial Lung Disease Market Segmented?
The interstitial lung disease market covered in this report is segmented –
1) By Drug Type: Oral Corticosteroids, Immune Suppressing, Anti-Fibrotic Medication, Other Drugs
2) By Disease Type: Interstitial Pneumonia, Idiopathic Pulmonary Fibrosis, Nonspecific Interstitial Pneumonitis, Hypersensitivity Pneumonitis, Cryptogenic Organizing Pneumonia (COP), Sarcoidosis, Acute Interstitial Pneumonitis
3) By Application: Adults, Children
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Oral Corticosteroids: Prednisone, Methylprednisolone, Dexamethasone
2) By Immune Suppressing: Azathioprine, Methotrexate, Mycophenolate Mofetil
3) By Anti-Fibrotic Medication: Pirfenidone, Nintedanib
4) By Other Drugs: Antioxidants, Anticoagulants, Other Novel Therapies
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Which Regions Are Driving the Next Phase of the Interstitial Lung Disease Market Growth?
North America was the largest region in the interstitial lung disease market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in interstitial lung disease market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Key Market Trends and Innovations Are Shaping the Future of the Interstitial Lung Disease Industry?
Leading corporations in the interstitial lung disease market are concentrating on new product introductions, particularly innovative treatments for a range of interstitial lung disease such as idiopathic pulmonary fibrosis (IPF). IPF is a prolonged and progressive lung ailment which causes scarring in the lung tissue, resulting in respiratory issues and diminished oxygen transfer. In February 2024, for example, C.H. Boehringer Sohn AG & Co. KG, a bio-pharmaceutical organization based in Germany, was given FDA approval for its BI 1015550 treatment for Idiopathic Pulmonary Fibrosis. BI 1015550 is a novel oral treatment that suppresses phosphodiesterase 4B (PDE4B) and has anti-fibrotic and anti-inflammatory properties, devised to slow the deterioration of lung function in idiopathic pulmonary fibrosis.
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How Is the Interstitial Lung Disease Market Defined and What Are Its Core Parameters?
Interstitial lung disease (ILD) refers to lung conditions that affect the interstitium, the tissue and the area surrounding the alveoli in the lungs. The interstitium is essential for maintaining the structural integrity and function of the lungs, as it supports gas exchange between the lungs and the bloodstream.
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