The Lyme disease market reached a value of US$ 594.1 Million across the top 7 markets (US, EU4, UK, and Japan) in 2023. Looking forward, IMARC Group expects the top 7 markets to reach US$ 1,181.7 Million by 2034, exhibiting a growth rate (CAGR) of 6.45% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 594.1 Million |
Market Forecast in 2034
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US$ 1,181.7 Million |
Market Growth Rate 2024-2034
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6.45% |
The Lyme disease market has been comprehensively analyzed in IMARC's new report titled "Lyme Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Lyme disease is a vector-borne illness caused by a bacteria called Borrelia burgdorferi. This condition is transmitted to humans by the bites of infected ticks of the species Ixodes. The disease is usually characterized by an expanding, non-painful red rash, named erythema migrans, which develops at the site of the tick bite after around a week. The common symptoms associated with the ailment include rash, fever, headache, extreme tiredness, swollen lymph nodes, etc. In severe cases, patients may also experience joint pain, impaired ability to move one or both sides of the face, neck stiffness, headaches, memory difficulty, or heart palpitations. The diagnosis of this disorder typically involves a combination of an objective physical examination, a review of the patient's medical history for possible exposure to infected ticks, and laboratory investigations. A blood antibody test using enzyme-linked immunosorbent assay (ELISA) and western blot is primarily performed to diagnose Lyme disease. The healthcare provider may also recommend polymerase chain reaction (PCR) tests to detect the presence of bacterial genetic material in the body.
The rising cases of tick-borne diseases owing to the increasing tick exposure through outside activities, such as gardening, hunting, hiking, etc., are primarily driving the Lyme disease market. Additionally, the widespread adoption of antibiotics and nonsteroidal anti-inflammatory drugs to help relieve pain and reduce inflammation associated with the ailment is further propelling the market growth. Moreover, the emerging popularity of advanced diagnostic tests, including T-Detect Lyme, which identifies an immune response by activated T-cells against bacteria to provide early disease diagnosis, is acting as another significant growth-inducing factor. Apart from this, the rising usage of non-pharmaceutical interventions, such as cognitive behavioral therapy and acupuncture, to help improve functional disability and cope with the psychological effects of the condition is also augmenting the market growth. Furthermore, the escalating demand for mesenchymal stem cell therapy owing to its potent immunomodulatory and anti-inflammatory properties, which can reduce the severity of underlying symptoms and promote tissue repair, is creating a positive outlook for the market. Besides this, the increasing utilization of immunomodulatory therapies, including low-dose naltrexone and immune-modulating peptides, to regulate the immune system and enhance its ability to fight the infection is expected to drive the Lyme disease market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the Lyme disease market in the United States, EU4 (Germany, Spain, Italy, and France), 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 Lyme disease and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, 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 Lyme disease market in any manner.
Ceftin tablets are used to treat adult and pediatric patients (aged 13 and older) affected by early Lyme disease caused by susceptible Borrelia burgdorferi strains. It works by binding to certain proteins within the bacterial cell wall, preventing the third and final step of bacterial cell wall development. Cell lysis is then induced by bacterial cell wall autolytic enzymes known as autolysins.
VLA15 is an investigational Lyme disease vaccine candidate developed by Pfizer and Valneva. This experimental multivalent protein subunit vaccine utilizes a well-established mechanism of action for a Lyme disease vaccine by targeting the outer surface protein A (OspA) of Borrelia burgdorferi, the bacteria that cause Lyme disease.
CT38 is a strong, short-lived peptide agonist that targets CRFR2. It is entirely composed of naturally occurring amino acids. A Phase 1 clinical investigation was conducted on both animals and healthy humans. These investigations have defined CT38's safety profile in people, demonstrating that it only lasts a few hours in the body.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current Lyme disease marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Ceftin (cefuroxime axetil) | |
VLA 15 | Pfizer |
CT38 | Cortene |
*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
Lyme Disease: Current Treatment Scenario, Marketed Drugs and Emerging Therapies