The 7 major polymyositis markets are expected to exhibit a CAGR of 3.52% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2034
|
Historical Years
|
2018-2023
|
Market Growth Rate 2024-2034 | 3.52% |
The polymyositis market has been comprehensively analyzed in IMARC's new report titled "Polymyositis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Polymyositis is a rare autoimmune disease characterized by chronic inflammation and progressive weakening of the skeletal muscles. This condition primarily affects the muscles closest to the trunk of the body, such as those in the hips, thighs, shoulders, and neck. The symptoms of the ailment typically include muscle weakness, muscle pain, and fatigue. Individuals suffering from this illness may also experience difficulty climbing stairs, lifting objects, or even getting up from a seated position. As the condition advances, it can result in muscle atrophy and impair one's ability to perform everyday tasks. The diagnosis of polymyositis involves a combination of clinical evaluation, blood tests, electromyography (EMG), and a muscle biopsy. Elevated concentrations of muscle enzymes, such as creatine kinase (CK), in the blood often indicate muscle damage. Furthermore, EMG helps to assess muscle function, while a muscle biopsy provides definitive evidence of inflammation and muscle fiber damage.
The escalating cases of rare autoimmune diseases, which mainly affect the skeletal muscles and cause abnormalities in the production of autoantibodies, are primarily driving the polymyositis market. In addition to this, the inflating utilization of potent medications, such as corticosteroids, immunosuppressants, and intravenous immunoglobulins, to manage the symptoms and mitigate the immune system's response against the muscles is also creating a positive outlook for the market. These therapies play a crucial role in reducing inflammation and enhancing muscle function, thereby improving the quality of life for individuals suffering from the ailment. Moreover, the widespread adoption of physical and occupational therapies on account of their several benefits, like restoring muscle strength, stabilizing mobility, and boosting overall physical activity, is further bolstering the market growth. Apart from this, the rising usage of novel therapeutic approaches, such as biologics and targeted therapies, which can address the underlying immune system dysfunction and decrease the frequency of disease relapses, thereby offering more effective and targeted solutions for patients, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of gene therapies aimed at rectifying genetic anomalies and regulating aberrant immune responses responsible for the disorder is expected to drive the polymyositis market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the polymyositis 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 polymyositis 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 polymyositis 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 polymyositis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Acthar (Corticotropin) | Mallinckrodt |
M5049 | Merck |
*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
Polymyositis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies