autoimmune diseases market in the us 2015-2019
TRANSCRIPT
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Autoimmune Diseases Market in the US 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “The high prevalence of autoimmune diseases is one of the major drivers in the market. An increasing number of people are being diagnosed with diseases such as Crohn's disease, multiple sclerosis, and rheumatoid arthritis. With the rise in the prevalence of autoimmune diseases, the demand for drugs is also increasing.”
• Autoimmune diseases are caused by aggravation of the immune system. Autoimmune diseases can last for months or even years. Autoimmune reactions occur when the immune system produces autoantibodies that attack and destroy healthy tissues in the body rather than infectious agents.
• Technavio's analysts forecast the autoimmune diseases market in the US to grow at a CAGR of 6.17% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Autoimmune Diseases Market in the US 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our
report:
Autoimmune Diseases Market in the US 2015-2019
AbbVie
Amgen
Biogen
AbbVie is a research-based pharmaceuticals company that discovers, develops, and commercializes advanced therapies for the treatment of rheumatoid arthritis, psoriasis, Crohn's disease, HIV, cystic fibrosis, low testosterone, and thyroid disease.
Amgen was incorporated in 1980 and is headquartered in Thousand Oaks, California, US. It is a biotechnology company that discovers, develops, manufactures, and delivers human therapeutics.
Biogen is a global biotechnology company engaged in the developing, manufacturing, and marketing of therapies for the treatment of neurodegenerative diseases, hemophilia, and autoimmune disorders. The company's principal products are Avonex, Tysabri, Rituxan, Fumaderm, Fampyra, and Tecfidera.
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Market Landscape
• The autoimmune diseases drugs market in the US is expected to grow at a moderate pace during the forecast period owing to the increased prevalence of autoimmune diseases.
• The expected launch of new drugs for the treatment of autoimmune diseases and government initiatives to improve people's access to drugs will also drive market growth.
• However, the high cost of therapy, complex nature of the disease, and shortage of accurate diagnostics will hamper market growth.
• The increase in R&D for developing novel therapies, in public awareness, and in strategic alliances among vendors will, however, propel the market.
• AbbVie, Amgen, Biogen, F. Hoffmann-La Roche, and Janssen Pharmaceuticals are the major vendors in the market. Humira, Enbrel, Rituxan, and Remicade are the top-selling drugs in the market.
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Key Buying Criteria • Vendors are increasingly entering into alliances with universities, research institutes, and
pharmaceutical companies for new drug development and to increase their market share.
• For instance, in 2015, Janssen-Cilag, a subsidiary of Janssen Pharmaceuticals, entered into an agreement with Monash University for the development of new medicines to treat rheumatoid arthritis and psoriasis.
• In 2014, MacroGenics and Takeda entered into an agreement for the development MGD010 for the treatment of systemic lupus erythematosus.
• In 2014, Kineta and Seattle Children's Research Institute announced the formation of an Alliance for Children's Therapeutics, a research collaboration for the development of new medicines in the treatment of autoimmune disorders such as multiple sclerosis and rheumatoid arthritis.
• Similarly, in 2013, Daiichi Sankyo and Amplimmune formed an alliance for the development of AMP-110, a biologic meant for the treatment of rheumatoid arthritis.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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