Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 123.96 Billion | USD 249.71 Billion | 7.4% | 2024 |
The global autoimmune disease therapeutics market size was worth around USD 123.96 Billion in 2024 and is predicted to grow to around USD 249.71 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 7.4% between 2025 and 2034.
The report analyzes the global autoimmune disease therapeutics market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the autoimmune disease therapeutics industry.
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. The two main drivers driving the market's expansion are the increased prevalence of autoimmune illnesses and the expanding understanding of these conditions. Over the projected period, the market development for autoimmune disease therapeutics is expected to be further bolstered by the expansion of autoimmune disease research and the rise in autoimmune disease therapeutic usage.
Furthermore, technological developments in screening processes, widespread availability of therapeutics, and the significant presence of pipeline medications such as secukinumab, tocilizumab, certolizumab, tofacitinib, etanercept, and others are projected to have a positive impact on the market growth. The critical barriers to the worldwide autoimmune disease therapeutics market, however, include the lack of funding for developing nations, the high cost of treating the disease, the lack of availability of the medication in developing countries, and the development of substitute technologies. A stringent regulatory process and increasing treatment side effects are further factors that are expected to limit market expansion.
The growing prevalence of several autoimmune disorders drives the global market growth.
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 findings thereby increasing patient awareness of such disorders fuels market expansion. Autoimmune illness targets healthy tissues, cells, and organs. It can affect any body area, weakening body function and threatening life. These illnesses sometimes need lifetime treatment to control symptoms because there is no known cure. Compared to men, women develop autoimmune diseases significantly more quickly. The condition is estimated to be one of the top ten causes of death among women under 65 and the second leading cause of chronic illness. Additionally, in the U.S., it is the leading cause of morbidity for women. There are currently over 80 clinically distinct types of autoimmune disorders. As a result, the autoimmune disease treatments market will expand throughout the forecast period.
Lack of funding and high costs associated with treating the diseases may hamper the global market growth.
The key factors holding back the worldwide market for autoimmune disease therapies include insufficient funding in developing nations, the high cost of treating the condition, the lack of medication availability in developing countries, and the development of alternative technologies. The lack of understanding and awareness of autoimmune illnesses and their symptoms in poor & distant places would reduce their utilization in undeveloped and lower-income nations.
Improvements in healthcare infrastructure and technology bring up several growth opportunities.
Technology advancements such as the creation of novel biomarkers like Humira and Enbrel, compact diagnostic point-of-care devices, and growing preference for laboratory robotics are predicted to fuel growth throughout the forecast period. There is a surge in the sector due to constantly improving healthcare infrastructure and rising healthcare spending. Adopting sophisticated technology for improved treatment may pique more people’s attention in applying the medicine. The market value for treatments for autoimmune diseases might rise with higher adoption rates. Increased government spending on better medical facilities has several potential benefits for market expansion. New competitors may have chances in the worldwide market for treating autoimmune diseases due to the increased accessibility of biosimilar medications and more economical treatments.
The global autoimmune disease therapeutics market is segregated based on drug class, distribution channel, and region.
By drug class, the market is divided into immunosuppressants, anti-inflammatory drugs, corticosteroids, nonsteroidal anti-inflammatory drugs, and biologics. Among these, the anti-inflammatory drugs segment dominates the market, accounting for more than 30% of global sales.
By distribution channel, the market is classified into hospitals, clinics, drug stores, and independent pharmacies. Over the forecast period, the hospital segment is expected to develop faster.
Report Attributes | Report Details |
---|---|
Report Name | Autoimmune Disease Therapeutics Market |
Market Size in 2024 | USD 123.96 Billion |
Market Forecast in 2034 | USD 249.71 Billion |
Growth Rate | CAGR of 7.4% |
Number of Pages | 266 |
Key Companies Covered | Magic Leap, Immersion, Apple, Daqri LLC, Sony, Blippar, Microsoft, Wikitude, Google, PTC, CyberGlove Systems Inc., Infinity Augmented Reality, Eon Reality Inc., ODG, and Samsung Electronics, and others. |
Segments Covered | By Drug Class, By Distribution Channel, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Increasing government initiatives will help North America dominate the global market.
North America dominates the global autoimmune disease therapeutics market and accounted for more than 42.4% of the worldwide revenue in 2021. This is due to the rising prevalence of autoimmune diseases and the increased presence of government programs such as the Patient Protection Act and the Affordable Care Act. The market in this region is expanding due to rising healthcare spending, improved healthcare infrastructure, increased use of new technology, and the presence of significant vital players. The cost of treating autoimmune diseases is estimated to reach USD 100 billion annually in the United States, according to National Institute of Health estimates.
Over the forecast period, Europe is expected to be the fastest-growing regional market. The rising incidence of autoimmune diseases, expanding government efforts to upgrade the healthcare system, and increased adoption of cutting-edge technologies like portable diagnostic tools and novel biomarkers will all contribute to the expansion of the European market. High R&D activities, combined with the country's growing economic burden of autoimmune disorders, would impact regional development. Increased demand for more reliable diagnoses of systemic and localized diseases will also benefit the market.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the autoimmune disease therapeutics market on a global and regional basis.
The global autoimmune disease therapeutics market is dominated by players like:
The global autoimmune disease therapeutics market is segmented as follows;
By Drug Class
By Distribution Channel
By Region
FrequentlyAsked Questions
Leading players in the global autoimmune disease therapeutics market include Magic Leap, Immersion, Apple, Daqri LLC, Sony, Blippar, Microsoft, Wikitude, Google, PTC, CyberGlove Systems Inc., Infinity Augmented Reality, Eon Reality Inc., ODG, and Samsung Electronics, among others.
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