The global Ischemia Reperfusion Injury Treatment Market had a market value of US$ 823.74 Million in 2022 and is expected to reach a market value of US$ 1580 Million by 2033, with a CAGR of 6.1% from 2023 to 2033. The growing prevalence of conditions that can lead to IRI, such as heart attacks, strokes, and organ transplants, can be attributed to the growth of the ischemia reperfusion injury treatment market. Furthermore, advances in technology and medical research are resulting in the development of new and innovative IRI therapies, which are expected to drive market growth in the coming years. From 2018 to 2022, the market for ischemia reperfusion injury treatment grew at a CAGR of 3.4%.
One of the key drivers of growth in the Ischemia Reperfusion Injury Treatment market is the development of new and more effective therapies. In recent years, researchers and medical professionals have made significant progress in understanding the underlying causes of ischemia reperfusion injury and identifying new treatment options. This includes therapies that target inflammation, oxidative stress, and other biological processes that contribute to tissue damage.
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Another factor driving market growth is an increase in healthcare spending in developing countries. As healthcare infrastructure improves in these regions, more patients are gaining access to treatment for ischemia reperfusion injury and other medical conditions. This is expected to drive demand for innovative therapies and treatments over the next few years.
Key Takeaways from the Market Study
- The global Ischemia Reperfusion Injury Treatment market is expected to grow with a 6.1% CAGR during 2023 to 2033.
- By end use, hospitals are expected to hold 53% of the market share in 2023 for Ischemia Reperfusion Injury Treatment market.
- North America is expected to possess 47% market share for Ischemia Reperfusion Injury Treatment market in 2023.
- Europe Ischemia Reperfusion Injury Treatment market size is expected to possess a 41% market share in 2023.
“With continued research and development, innovative new therapies and treatments will emerge, helping patients to manage and overcome this complex condition. This, in turn, is expected to favor the growth of the market.” states an FMI analyst
Competitive Landscape
Key players in the Ischemia Reperfusion Injury Treatment market are Amyndas Pharmaceuticals LLC, Angion, Bolder Biotechnology, Opsona Therapeutics Ltd., Pharming Group NV, Prolong Pharmaceuticals, Prothix BV, Stealth BioTherapeutics, Inc., Zealand Pharma A/S, Faraday Pharmaceuticals and SBI Pharmaceuticals
- Amyndas Pharmaceuticals has developed a proprietary drug delivery platform called Nano-EMulsion Delivery System (NEDS), which allows for targeted delivery of drugs to the affected tissues or organs. This platform technology enhances the efficacy of the drugs and reduces their toxicity.
- Angion Biomedica has developed a drug candidate called ANG-3777, which is a hepatocyte growth factor (HGF) mimetic. ANG-3777 has been shown to reduce inflammation, promote tissue regeneration, and improve organ function in preclinical studies of various types of acute organ injuries caused by ischemia reperfusion injury. ANG-3777 has been granted orphan drug designation by the U.S. Food and Drug Administration (FDA) for the treatment of acute kidney injury.
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More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global Ischemia Reperfusion Injury Treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
The study reveals essential insights on the basis of Indication (Heart injury, Kidney injury, Intestine injury, Other injuries) End-user (Hospitals, Specialty Clinics) Region (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa)
Key Segments Profiled in the Ischemia Reperfusion Injury Treatment Industry Survey
Indication:
- Heart injury
- Kidney injury
- Intestine injury
- Other injuries
End-user:
- Hospitals
- Specialty Clinics
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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