The global Lupus Nephritis Treatment Market had a market value of US$ 1.8 billion in 2022 and is expected to reach a market value of US$ 5.67 billion by 2033, with a CAGR of 11% from 2023 to 2033. The market’s expansion can be attributed to the disease’s increasing prevalence, increased awareness, and the emergence of novel and inventive treatments. In the historical period 2018 to 2022, the market for lupus nephritis treatment grew at a CAGR of 6.5%.
One of the key drivers of this growth is the increasing prevalence of lupus nephritis. According to the Lupus Foundation of America, approximately 1.5 million people in the United States have lupus, and up to 60% of them will develop lupus nephritis. In addition, the prevalence of lupus nephritis is also increasing in other parts of the world, particularly in developing countries.
Accelerate Your Journey to Excellence with Unmatched Efficiency! Claim Your Sample Now:
https://www.futuremarketinsights.com/reports/sample/rep-gb-16815
Another factor driving the growth of the lupus nephritis treatment market is the development of new and innovative therapies. Over the past few years, there have been several promising advancements in the treatment of lupus nephritis, including the development of new medications and the use of biologic therapies.
Key Takeaways from the Market Study
- The Lupus nephritis treatment market is expected to grow at a value of 11% CAGR in the foreast period 2023 to 2033
- Hospital pharmacies are expected to hold 45% of the market share in 2023 for Lupus nephritis treatment market.
- North America is expected to possess 44% market share for Lupus nephritis treatment market in 2023.
- Europe Lupus nephritis treatment market size is expected to possess 40% market share in 2023.
“Researchers and pharmaceutical companies are continuing to develop new and innovative therapies for lupus nephritis. This, in turn, is contributing to growth of the market.” states an FMI analyst
Competitive Landscape
Key players in the lupus nephritis treatment are Roche, Bristol-Myers Squibb, Eli Lilly and Company, GlaxoSmithKline, AstraZeneca, Aurinia Pharmaceuticals Inc., Johnson & Johnson Private Limited, Bayer AG, Sanofi, Sun Pharmaceutical Industries Ltd and Abbott
- BMS has sponsored several clinical trials focused on developing treatments for lupus nephritis. For example, the company is currently sponsoring a Phase III clinical trial to investigate the efficacy and safety of abatacept in combination with mycophenolate mofetil (MMF) in patients with lupus nephritis.
- In 2021, Eli Lilly announced positive results from a Phase 3 clinical trial of Olumiant in patients with lupus nephritis. The trial showed that Olumiant, in combination with standard-of-care treatment, significantly improved kidney function compared to standard-of-care treatment alone. Based on these results, Eli Lilly has submitted an application for regulatory approval of Olumiant as a treatment for lupus nephritis.
Elevate your understanding with our insightful methodology now:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-16815
Key Segments Profiled in the Lupus Nephritis Treatment Market Survey
Drug Class:
- Corticosteroids
- Immunosuppressive
- Azathioprine
- Cyclophosphamide
- Mycophenolate
- Belimumab
Route of Administration:
- Oral
- Parenteral
Distribution Channel:
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube