The 7 major pericarditis markets reached a value of US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 4.5 Billion by 2034, exhibiting a growth rate (CAGR) of 4.91% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 2.7 Billion |
Market Forecast in 2034
|
US$ 4.5 Billion |
Market Growth Rate 2024-2034 | 4.91% |
The pericarditis market has been comprehensively analyzed in IMARC's new report titled "Pericarditis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Pericarditis is a medical condition characterized by inflammation of the pericardium, the sac-like structure surrounding the heart. Depending on the intensity, the inflammation can be acute, occurring suddenly and persisting for a short period of time, or chronic, appearing slowly and lasting longer. The most common symptom of the ailment is chest pain, which can be sharp, stabbing, or aching in nature and is typically felt in the center or left side of the chest. Various other symptoms can include a low-grade fever, fatigue, shortness of breath, cough, a feeling of discomfort in the chest or abdomen, etc. In more severe cases, pericarditis can cause fluid to accumulate around the heart, leading to a condition called cardiac tamponade that can be life-threatening. The diagnosis of pericarditis involves a physical exam, a review of the patient's medical history, and diagnostic tests. Diagnostic procedures may include an electrocardiogram (ECG) to look for changes in the heart's electrical activity, a chest X-ray to monitor signs of fluid buildup, and blood tests to check for markers of inflammation. In some cases, additional imaging tests, such as echocardiogram and MRI, may be used to evaluate the heart and pericardium in more detail.
The rising incidences of viral, bacterial, and fungal infections, which can cause inflammation of the pericardium, are primarily driving the pericarditis market. In addition to this, the increasing prevalence of several associated factors, such as autoimmune disorders, chest traumas, usage of certain drugs like isoniazid and phenytoin, etc., is also bolstering the market growth. Furthermore, the widespread adoption of various medications, including colchicine and corticosteroids, for reducing inflammation and preventing future episodes of pericarditis is acting as another significant growth-inducing factor. Additionally, the escalating utilization of immunoglobulin therapy, which involves infusing the patient with a high dose of antibodies to help fight off infections or autoimmune disorders that may be causing the ailment, is also propelling the market growth. Besides this, the increasing application of cardiac MRI that provides detailed images of the pericardium and surrounding structures, allowing for accurate diagnosis and assessment of disease severity, is further creating a positive outlook for the market. Moreover, the emerging popularity of minimally invasive procedures, such as pericardial drainage, to provide immediate relief from symptoms and reduce the risk of complications, including cardiac tamponade, is expected to drive the pericarditis market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the pericarditis 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 pericarditis 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 pericarditis market in any manner.
Arcalyst (Rilonacept) is an FDA-approved treatment for adults and children aged 12 years and older with recurrent pericarditis. It works by inhibiting interleukin-1 (IL-1), a proinflammatory cytokine involved in the autoinflammatory response associated with the condition.
Goflikicept (formerly RPH-104) is a heterodimeric fusion protein developed by TRPHARM. It is currently in Phase III clinical trials for the treatment of pericarditis. The drug molecule works on an IL-1 beta inhibitor mechanism.
CardiolRx, developed by Cardiol Therapeutics, targets recurrent pericarditis by inhibiting the inflammasome pathway, which plays a crucial role in inflammation. In preclinical studies, cannabidiol, the active pharmaceutical ingredient in CardiolRx, demonstrated significant effects in reducing pericardial effusion and thickness and suppressing key inflammatory markers such as IL-1β and IL-6 in a model of acute pericarditis.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current pericarditis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Arcalyst (Rilonacept) | Kiniksa Pharmaceuticals/Regeneron Pharmaceuticals |
RPH-104 | TRPHARM |
CardiolRx | Cardiol Therapeutics |
KPL-914 | Kiniksa Pharmaceuticals/Regeneron Pharmaceuticals |
*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
Pericarditis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies