Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.81 Billion | USD 6.45 Billion | 20.1% | 2021 |
FrequentlyAsked Questions
Autoimmune illnesses are brought on by an autoimmune reaction that targets cells and destroys body tissue. Autoimmune disorders are nearly incurable and without a permanent cure. There are about 80 autoimmune disorders around the globe with unidentified causes. Over 300 million people worldwide have this condition, and between 70 and 80% of those sufferers are female.
Factors contributing to the global autoimmune disease therapy market's growth include rising autoimmune disease prevalence, more patient awareness, and increased laboratory automation, which allows for the simultaneous diagnosis of several diagnostic tests, resulting in faster and more accurate results. The prevalence of these disorders is increasing, which boosts consumer awareness of the therapeutics market.
According to the Zion Market Research report, the global autoimmune disease therapeutics market was worth about 54.8 (USD billion) in 2021 and is predicted to grow to around 113.48 (USD billion) by 2028
The global autoimmune disease therapeutics market is anticipated to record a CAGR of nearly 4% from 2022 to 2028.
North America dominates the autoimmune disease therapeutics market and accounts for more than 42.4% of the global revenue. This is due to the rising prevalence of autoimmune illnesses and the increased prominence of government initiatives. Increasing healthcare expenditure, improved healthcare infrastructure, increased adoption of new technologies, and the presence of significant vital players are all contributing to the region's market growth.
Some of the main competitors dominating the global autoimmune disease therapeutics market include - Chugai Pharmaceutical Co. Ltd, Amgen Inc, Eli Lilly and Company, Genentech Inc, Elan Corporation Plc, F. Hoffmann-La Roche AG, Squibb Company, Merck & Co. Inc, GlaxoSmithKline Plc, Bayer Schering Pharma AG, Biogen Idec Inc, Johnson & Johnson Inc, and Abbott Laboratories.
The global autonomous underwater vehicles market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed