Autoimmune Disease Treatment Market Growth, Emerging Technologies, Future Plans and Trends by Forecast 2027

[Priya Raut]

Market Overview

The global autoimmune disease treatment market size is expected to balloon at 11.2% CAGR from 2017 to 2023 (forecast period). High prevalence of autoimmune disorders is one of the primary drivers of the market. This is supported by the survey by the National Institute of Health (NIH) which pegs the number of Americans suffering from autoimmune diseases at 23.5 million. The growing public awareness levels as well as the large efforts taken by government healthcare organizations for curbing the menace of these diseases can bode well for the market.

The centralization of patient response to novel drugs and treatments on a common database is likely to expedite the progress of autoimmune drugs exponentially. Technological advances, rising prevalence of comorbidities, rise of regulatory frameworks, and rise of government supported networks are other growth drivers of the market.

But presence of unbranded drugs, side-effects of medications, and high treatment costs are challenges faced by the global autoimmune disease treatment market growth.

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Competition Outlook

Johnson & Johnson Inc., Danaher, Siemens, Bio-Rad, Merck & Co. Inc., Genentech Inc., Biogen Idec Inc., F. Hoffmann-La Roche AG, Eli Lilly and Company, Thermo Fisher Scientific, Abbott Laboratories, HYCOR Biomedical, Squibb Company, Bayer Schering Pharma AG, Elan Corporation Plc, GlaxoSmithKline Plc, Chugai Pharmaceutical Co. Ltd., Amgen Inc., and others are major players in the global autoimmune disease treatment market.

Segmentation

The global autoimmune disease treatment market is segmented on the basis of disease type, diagnosis, therapeutic product, and distribution channel.

By disease type, the market is segmented into systemic and localized. Systemic is further segmented into psoriasis, lupus, rheumatoid arthritis, and others. Localized, on the other hand, is segmented into diabetes, inflammatory bowel disease, and others.

By diagnosis, the autoimmune disease treatment market is segmented into multiplex immunoassay, agglutination, dot blot, line blot, ELISA, double immune diffusion, Western blotting, and others.

By therapeutic product, it is segmented into drugs and therapeutic & monitoring equipment. Corticosteroids, immunosuppressants, biologics, anti-inflammatory drugs, and non-steroidal anti-inflammatory drugs are segments subsumed within the drugs segment.

By distribution channel, it is segmented into pharmacies, drug stores, hospitals & clinics, diagnostic centers, and others.

Regional Analysis

The Middle East & Africa (MEA), Europe, Asia Pacific (APAC), and the Americas are regions taken into consideration during the compilation of the global autoimmune disease treatment market report.

The Americas are touted to dominate in the leading position during the forecast period due to a large healthcare expenditure and increase in the cases of autoimmune diseases. Introduction of favorable healthcare policies such as the Affordable Care Act and efforts by the American Autoimmune Related Diseases Association (AARDA) are likely to culminate in high dividends for the autoimmune disease treatment market from the region.

Europe is the second largest region with the biggest potential for the global market. Factors such as healthcare policies, introduction of autoimmune diagnostic techniques, and allocation of sufficient funds by governments can drive the regional demand.

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