The 7 major vasculitis markets reached a value of US$ 98.9 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 131.4 Million by 2034, exhibiting a growth rate (CAGR) of 2.61% 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$ 98.9 Million |
Market Forecast in 2034
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US$ 131.4 Million |
Market Growth Rate (2024-2034)
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2.61% |
The vasculitis market has been comprehensively analyzed in IMARC's new report titled "Vasculitis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Vasculitis refers to a rare group of diseases that result in the inflammation of blood vessels. This swelling may cause the walls of blood vessels to thicken, reducing the width of the pathway through the vessel and leading to organ and tissue damage. The most common symptoms of the illness include fever, headache, fatigue, weight loss, etc. Individuals suffering from vasculitis may also experience ulcers, blood in the stools, double vision, numbness or weakness in the foot or hand, red spots, lumps or open sores on the skin, shortness of breath, abrupt hearing loss, dizziness, etc. The diagnosis of the ailment relies on the patient's medical history, underlying symptoms, and a complete physical exam. The healthcare provider may perform various diagnostic tests and procedures, such as blood workups, X-rays, ultrasounds, computerized tomography scans, magnetic resonance imaging, anti-neutrophil cytoplasmic antibody (ANCA) test, etc., to confirm a diagnosis. Additionally, a biopsy of the affected area is recommended to assess the tissues and rule out other possible health conditions.
The rising cases of immune-mediated diseases, including rheumatoid arthritis and scleroderma, which cause the body's defense system to attack blood vessels, are primarily driving the vasculitis market. In addition to this, the increasing incidences of various risk factors, such as smoking tobacco, cocaine use, family history, certain infections, etc., are also bolstering the market growth. Moreover, the widespread adoption of potent steroids and cytotoxic drugs to reduce inflammation and provide symptom relief in patients is acting as another significant growth-inducing factor. Besides this, the inflating demand for vascular bypass surgery, which helps redirect the blood flow around the damaged vessel, thereby enhancing the overall survival rate, is also creating a positive outlook for the market. Additionally, several key players are investing in R&D activities to launch anti-inflammatory treatment alternatives with fewer side effects and toxicities. This, in turn, is augmenting the market growth. Furthermore, the emerging popularity of radiotracers that can detect macrophage activation, along with immune checkpoint activity, and provide a precise image of vascular inflammation to enable more targeted patient management, is expected to drive the vasculitis market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the vasculitis 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 vasculitis 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 vasculitis 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 vasculitis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Tavneos (Avacopan) | ChemoCentryx/Vifor Fresenius Medical Care Renal Pharma |
Actemra (Tocilizumab) | Chugai Pharmaceutical/Roche |
Otezla (Apremilast) | Amgen |
Sparsentan | Travere Therapeutics |
STSA 1002 | Staidson Beijing BioPharmaceuticals |
Belimumab | AstraZeneca/GlaxoSmithKline |
Upadacitinib | AbbVie |
Secukinumab | Novartis |
*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
Vasculitis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies