About Interleukin Inhibitors
Interleukin inhibitors are immunosuppressive agents that inhibit the action of interleukins. It is used in various conditions including ankylosing, spondylitis, asthma, eczema, (psoriatic and rheumatoid), psoriasis, and systematic sclerosis, gout, arthritis. Interleukin inhibitors market has high growth prospects due to growing prevalence of chronic inflammatory diseases and proactive government initiatives. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on fastest-growing verticals for the Healthcare industries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Europe |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Interleukin Inhibitors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Regeneron Pharmaceuticals, Inc. (United States), Novartis AG (Switzerland), Valeant Pharmaceuticals, Inc. (Canada), Teva Pharmaceutical Industries Ltd. (Israel), Johnson & Johnson. (United States), Genentech, Inc. (Roche) (United States), Eli Lilly and Company (United States), GlaxoSmithKline plc (United Kingdom), Sanofi S.A. (France), AstraZeneca plc. (United Kingdom) and F. Hoffmann-La Roche Ltd. (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Interleukin Inhibitors market by Type (IL-17, IL-23, IL-1, IL-5, IL-6 and Others), Application (Psoriasis, Psoriatic Arthritis, Rheumatoid Arthritis, Asthma, Inflammatory Bowel Disease (IBD) and Others) and Region.
On the basis of geography, the market of Interleukin Inhibitors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Distribution Channels, the sub-segment i.e. Hospital Pharmacies will boost the Interleukin Inhibitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand from Asia-Pacific Regions and Value-Oriented Customers
Market Growth Drivers:
Growing Prevalence of Autoimmune Diseases and Increasing Adoption of Technology Advanced Biosimilar in Tumor Necrosis Factor (TNF) Inhibitors
Challenges:
Product Recall Hamper the Market Growth and Stiff Competition among Major Players
Restraints:
Side Effect Associated with Interleukin Inhibitors and High Cost Associated with Biological Therapy
Opportunities:
Consumer Preference towards Health Conscious Product and Economic Development and Improvement in Healthcare Expenditure
Market Leaders and their expansionary development strategies
In June 2023, Eli Lilly has acquired DICE Therapeutics. The acquisition designed to expand the buyer’s immunology pipeline with two clinical-stage programs based on oral interleukin-17 (IL-17) inhibitors.
In October 2023, Novartis, a global leader in immuno-dermatology and rheumatology, announced that the US Food and Drug Administration (FDA) has approved Cosentyx (secukinumab) to treat moderate to severe hidradenitis suppurativa (HS) in adults. Cosentyx is the only FDA-approved fully human biologic that directly inhibits interleukin-17A (IL-17A), a cytokine believed to be involved in the inflammation of HS.2
Key Target Audience
Interleukin Inhibitors Manufacturer, Interleukin Inhibitors Supplier, End User of Different Segments of Interleukin Inhibitors, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.