The 7 major interstitial lung disease markets reached a value of US$ 1.2 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 2.1 Billion by 2034, exhibiting a growth rate (CAGR) of 4.99% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 1.2 Billion |
Market Forecast in 2034
|
US$ 2.1 Billion |
Market Growth Rate 2024-2034
|
4.99% |
The interstitial lung disease market has been comprehensively analyzed in IMARC's new report titled "Interstitial Lung Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Interstitial lung disease (ILD) is a respiratory ailment that causes progressive scarring and inflammation of lung tissue. The scarring associated with this condition makes the lung tissue stiff, resulting in impaired breathing and inadequate oxygen supply to the bloodstream. Individuals suffering from this disorder may experience shortness of breath, fatigue, non-productive coughing, and gradual weight loss, which tend to develop over several months. As ILD progresses, symptoms may worsen, including persistent cough, wheezing, weight loss, difficulty breathing even while resting, etc. In some cases, the disease may cause clubbing of the fingertips or a bluish tinge to the skin due to poor oxygenation. The diagnosis of this ailment generally involves a review of the patient's symptoms, medical history, and laboratory tests. A blood test is carried out to detect antibodies, proteins, and other markers of inflammatory responses to environmental exposures. Additionally, computerized tomography (CT) scans and echocardiogram are primarily performed to confirm a diagnosis. The healthcare professional may also recommend bronchoscopy, bronchoalveolar lavage, and surgical biopsy among patients to identify the condition.
The increasing prevalence of lung disorders caused by air pollution, smoking, and exposure to hazardous materials, such as coal dust and asbestos, is primarily driving the interstitial lung disease market. Apart from this, the rising incidences of autoimmune ailments, including rheumatoid arthritis, scleroderma, lupus, etc., which cause inflammation and scarring in the lungs, leading to ILD, are also bolstering the market growth. Furthermore, the widespread adoption of corticosteroids as a treatment option for ILD, since it stabilizes or reduces disease progression by limiting the number of inflammatory compounds in the lungs, is creating a positive outlook for the market. Besides this, the escalating utilization of pulmonary tyrosine kinase inhibitors, which block numerous pathways leading to scar tissue formation, is also augmenting the market growth. Moreover, multiple key players are making extensive investments to launch novel therapies that can improve lung function and patient well-being. This, in turn, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of anti-fibrotic medications that can slow the decline in lung function and reduce the risk of acute exacerbations, thereby improving the quality of life for patients, is expected to drive the interstitial lung disease market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the interstitial lung disease market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for interstitial lung disease and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the interstitial lung disease market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current interstitial lung disease marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Ofev (Nintedanib) | Boehringer Ingelheim |
Esbriet (Pirfenidone) | Roche |
Treprostinil | United Therapeutics Corporation |
AD 214 | AdAlta |
BI 1015550 | Boehringer Ingelheim |
BMS-986278 | Bristol-Myers Squibb |
LYT-100 | PureTech Health |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Interstitial Lung Disease: Current Treatment Scenario, Marketed Drugs and Emerging Therapies