The global systemic lupus erythematous drugs market growth is on a trajectory of significant growth, poised to witness a steady ascent over the forecast period. According to comprehensive projections, the market, valued at US$ 183.3 billion in 2020, is anticipated to surge at a substantial Compound Annual Growth Rate (CAGR) of 5% until 2032, reaching a staggering value of US$ 329.18 billion.
This anticipated expansion underscores the persistent demand and advancements within the systemic lupus erythematous drugs sector, driven by an evolving landscape of research, development, and healthcare requirements. Systemic lupus erythematous, a chronic autoimmune disease affecting multiple organs, has propelled the need for innovative drugs and therapeutics to address its complexities.
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The projected growth mirrors the industry’s commitment to addressing the unmet medical needs of patients worldwide, emphasizing the continuous pursuit of novel treatments and interventions. As research and development efforts intensify, pharmaceutical companies are dedicated to delivering enhanced solutions and therapies to improve patient outcomes and quality of life.
This significant upward trend also signifies a robust market response to the pressing healthcare challenges posed by systemic lupus erythematous. The commitment of stakeholders, including researchers, healthcare providers, and pharmaceutical entities, underscores a shared commitment to advancing treatment modalities and ensuring better disease management.
The forecasted surge in the systemic lupus erythematous drugs market underscores a promising future, marked by innovative advancements and a collective dedication to addressing critical healthcare concerns.
Systemic Lupus Erythematous is a chronic autoimmune disease which causes the immune system to mistakenly attack health body tissue. In SLE, body immune system can affect any part of the body, such as joints, organs, eyes, skin, etc. Often SLE can result in symptoms such as malar rash, discoid lesions, sub-acute cutaneous lesions, photosensitivity, oral ulcers, arthritis, serositis, nephropathy, neurologic involvement, thrombocytopenia, haemolytic anemia, fever, Raynaud’s phenomenon, livedo reticularis, thrombosis, and myositis.
It is also known as a disease of flare-ups and remissions and can range from mild to life threatening severity. It is also called as drug-induced lupus erythematosus due to common observation against drugs such as isoniazid, hydralazine and procainamide. Currently, there is no complete treatment for SLE. While only two biologic agents have been approved by FDA to treat SLE, synthetic drugs are still the mainstay of therapy in SLE. Based on available evidence, azathioprine and mycophenolate mofetil are the drugs of first choice. Hydroxychloroquine should be considered an anchor drug in SLE because of the multiple beneficial effects of this agent.
Systemic Lupus Erythematous (SLE) Drugs Market: Drivers & Restraints
Global Systemic Lupus Erythematous (SLE) Drugs market is projected to grow due to high prevalence of autoimmune diseases particularly systemic lupus erythematous (SLE). Major drivers for global systemic erythematous drugs market are development of novel SLE therapies, increasing availability of bio similar drugs and increasing support for emerging research areas for new drug molecules. At the same time, increasing awareness of disease diagnosis and treatment as well as consistent research and development processes for novel drug molecules are important drivers for global lupus erythematous market.
Additionally, safety and quality of systemic lupus erythematous controlling therapy may possibly be a challenge for the growth of the global systemic lupus erythematous drugs market. Moreover, numerous public awareness programs targeted to increase awareness levels are also being accompanied. For instance, Lupus Foundation of America (LFA) has been implementing various projects to increase central support for SLE research and services to support people and families affected by SLE. However, serious side effectswith steroids, sensitivity with antibiotics, limited usage of Benlysta for severe SLE patients, and stringent regulatory approvals for new treatment options with better levels of efficacy and safety are obstructing the global systemic lupus erythematous drugs market.
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Key companies profiled:
Anthera Pharmaceuticals BMS, GSK, ImmuPharma, Merck Serono, UCB, Amgen, HGS, Immunomedics, Johnson and Johnson, MedImmune, Sanofi, Teva Pharmaceutical Industries.
Key Segments:
By Drug Classes:
- NSAIDs
- Corticosteroids
- Antimalarials
- Immunosuppresants
- Biologics
By Route of Administration:
- Oral
- Intravenous
- Subcutaneous
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
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Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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