26th April 2023
A set of conditions known as autoimmune diseases develop when the immune system mistakenly targets healthy cells and tissues in the body as foreign invaders. This can result in a variety of symptoms and problems, including inflammation and damage to different organs and tissues.
Over 80 autoimmune diseases have been identified, including psoriasis, type 1 diabetes, lupus, multiple sclerosis, rheumatoid arthritis, and lupus. These illnesses can have an impact on the joints, skin, muscles, blood vessels, and organs including the kidneys, lungs, and brain, in addition to other body components.
Although the precise origins of autoimmune illnesses are not entirely known, it is thought that a mix of hereditary and environmental factors is to blame. In persons who are genetically predisposed, specific causes, such as infections, drugs, and exposure to specific chemicals or poisons, may cause the emergence of autoimmune illnesses.
Medications are frequently used to inhibit the immune system, treat symptoms, and avoid complications in the treatment of autoimmune illnesses. Sometimes making lifestyle adjustments, such as starting an activity and eating plan, can help control symptoms and enhance general health. To create novel treatments and comprehend the fundamental causes of autoimmune disorders, research is continuing.
Due to a number of factors, including the rising frequency of autoimmune illnesses, expanding patient and healthcare provider awareness, and the development of innovative medications and therapies, the worldwide market for autoimmune disorders is predicted to expand in the next years. The aging population, which is more vulnerable to these illnesses, is also anticipated to aid in the market's expansion.
The Global Autoimmune Diseases Market size is projected to reach a CAGR of 7.02% by 2030.
AbbVie Inc., Amgen Inc., AstraZeneca plc, Bristol-Myers Squibb Company, Eli Lilly and Company, Johnson & Johnson, Pfizer Inc., and Sanofi S.A. are important market participants in the autoimmune disorders sector. The goal of these firms' research and development efforts is to provide new medications and treatments for the treatment of autoimmune illnesses.
The FDA approved Rinvoq (upadacitinib), a new medication created by AbbVie for the treatment of rheumatoid arthritis. A JAK inhibitor, such as Rinvoq, prevents the activity of certain enzymes that cause inflammation.
Amgen's biosimilar medication Avsola (infliximab-axxq), which is used to treat autoimmune illnesses such as psoriasis and rheumatoid arthritis, has been given FDA clearance. Remicade, a well-liked biologic medicine used to treat various disorders, is a biosimilar of Avsola.
Fasenra (benralizumab), a novel medication created by AstraZeneca for the treatment of severe eosinophilic asthma, was given FDA approval. Eosinophils, a kind of white blood cell that leads to inflammation in the lungs, are the target of Fasenra's action, and they are reduced in number.
Stelara (ustekinumab), is a medication made by Johnson & Johnson and approved by the FDA for the treatment of ulcerative colitis, a form of inflammatory bowel disease. Stelara functions by impeding the activity of certain proteins that fuel inflammation.
The market for autoimmune disorders may be divided into segments based on product type, application, end-user, and geography. Here is a breakdown of the prospects and growth in each market segment.
Drugs and biologics are part of the product type section. Because there are many different medications available for the treatment of autoimmune illnesses, the medicines section has the biggest market share. However, because of the rising demand for biologics with greater efficacy and fewer side effects, the biologics market is anticipated to rise more quickly.
Multiple sclerosis, lupus, psoriasis, and other autoimmune illnesses are among the conditions covered by the application section. Due to the high incidence of rheumatoid arthritis, this market category now has the biggest share, but lupus is predicted to increase at the quickest rate due to rising awareness and diagnosis of the condition.
Hospitals, clinics, and research facilities are included in the end-user sector. Due to the substantial frequency of autoimmune disease hospitalizations, the hospital sector commands the biggest market share. The availability of specialized clinics for autoimmune disorders and the rising tendency towards outpatient care, however, may cause the clinic’s category to expand at a quicker rate.
Latin America, Asia Pacific, North America, Europe, and the Middle East & Africa make up the regional component. Because autoimmune disorders are so common there, North America now has the biggest market share, followed by Europe. However, the Asia Pacific area is anticipated to develop at the quickest rate because of the high patient population, rising healthcare spending, and increased awareness of autoimmune illnesses.
Increasing Prevalence of Autoimmune Diseases
Globally, autoimmune illnesses are becoming more common as a result of variables such as genetic predisposition, environmental triggers, and lifestyle modifications. The need for efficient therapies for these illnesses is anticipated to increase as a result.
Advancements in Medical Research and Technology
New and more potent therapies for autoimmune illnesses have been created as a result of developments in medical research and technology. Biologics, biosimilars, and other cutting-edge treatments that target certain immune response pathways fall under this category.
Growing Aging Population
Due to the fact that many autoimmune disorders are more prevalent in older persons, population aging is a significant market driver for autoimmune diseases. The prevalence of these diseases is anticipated to rise as the world's population ages, increasing the need for therapies.
Increasing Healthcare Expenditure
The autoimmune disorders market is anticipated to rise as a result of increased healthcare investment from both the public and private sectors. More efficient therapies are probably going to develop as more resources are committed to studying and treating these diseases.
Rising Awareness and Diagnosis of Autoimmune Diseases
The market is anticipated to develop as a result of enhanced diagnostic technologies and rising public awareness of autoimmune illnesses. The need for efficient therapies is anticipated to grow as more people are given these diagnoses.
Favorable Government Regulations
Government policies that are favorable are also anticipated to fuel market expansion for autoimmune illnesses. In order to hasten the discovery and approval of medicines for autoimmune illnesses, the FDA, for instance, has developed a fast-track procedure for the approval of pharmaceuticals for rare and dangerous diseases.
Increasing the availability of biosimilars and other generic medications, which can be less expensive than branded medicines, is one possible approach.
This problem may be solved by research aimed at creating more precise testing.
This issue could be solved by creating more specialized therapies that reduce these consequences.
The spectrum of therapy choices available to patients may be expanded with further study into these illnesses and new targets for treatment.
In order to solve this issue and encourage more people to get the care they require additional public education and awareness initiatives might be implemented.
“In order to effectively address these issues, a multimodal strategy will be needed, one that includes funding for research, the creation of more accessible therapies, and initiatives to raise public awareness and educate the public about autoimmune disorders. The autoimmune disorders market may expand further and give patients better results by solving these issues.”
Development of Personalised Medicine
With the use of personalized medicine, it may be possible to modify a patient's care depending on their genetic makeup, illness subtype, and other characteristics. Personalized medicine is anticipated to have a significant role in the treatment of autoimmune illnesses as more research into these ailments is performed.
Growing Demand for Biologics
With several novel medications being developed, biologics represent a market category with tremendous growth potential for treating autoimmune illnesses. Businesses now have the chance to create new products that have higher efficacy and fewer side effects because of the rising demand for biologics.
Increasing Use of Combination Therapies
Combination treatments, which focus on a number of immune response pathways, are being used more often to treat autoimmune illnesses. Companies now have the chance to create novel combination medications that have higher efficacy and fewer negative effects.
Expansion of Geographic Reach
As healthcare systems develop and more people have access to medical treatment, it is anticipated that the worldwide market for autoimmune illnesses would increase. Companies now have the chance to contact new customers and increase their geographic reach.
Integration of Digital Technologies
Digital tools, including wearables and smartphone applications, are being utilized more and more to track and treat autoimmune illnesses. Companies now have the chance to create brand-new digital solutions that can assist patients in better managing their ailments.
Research into Rare Diseases
There are few available treatments for a variety of uncommon autoimmune disorders. Companies have a chance to create novel medicines that meet unmet medical requirements as a result of increased research into these disorders.
“Numerous growth and development prospects are presented by the market for autoimmune illnesses. Companies may continue to diversify their product lines, enhance patient outcomes, and promote industry innovation by taking advantage of these possibilities.”
In conclusion, the market for autoimmune diseases is anticipated to expand in the upcoming years due to factors including rising autoimmune disease prevalence, advances in medical research and technology, an aging population, rising healthcare spending, increased awareness of autoimmune disease diagnosis, and favorable government regulations. The market is also faced with a number of obstacles, such as high treatment costs, a lack of specialized diagnostic tests, unpleasant effects, and side effects, a lack of treatment alternatives, and a lack of knowledge. It will need a broad strategy to address these issues, one that includes funding for research, the creation of more inexpensive therapies, and initiatives to raise awareness and educate people about autoimmune disorders. Personalized medicine, rising biologics demand, rising use of combination therapies, expanding geographic reach, incorporating digital technologies, and research into rare diseases are just a few of the market's opportunities for growth and development despite these obstacles. In general, the market for autoimmune illnesses is primed for expansion and innovation over the next several years.