What is Interferon Market?
Interferon is a protein produced by a variety of cells in the inflammatory response to infections. These glycoproteins are also known as cytokines and often called first-line defenders against microbial infections. These proteins fight against infections by activating an immune response, generating immunologic cells such as natural killer cells, T-cells, and macrophages. Interferons have proven to be an advanced and effective treatment for chronic diseases such as cancer, multiple sclerosis, hepatitis, and others. Interferon can play both pathological and beneficial roles in the nervous system has led to significant growth of the market in the forecast period.
Highlights from Interferon Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Pfizer (United States), F. Hoffmann-La Roche AG ((Switzerland)), AbbVie(United States), Abbott Laboratories (United States), Johnson& Johnson (United States), Sanofi (France), AstraZeneca (United Kingdom), Novartis (Switzerland), Novo Nordisk (Denmark), Merck & Co., Inc. (United States), Eli Lilly and Company (United States), Bristol-Myers Squibb Company (United States), Amgen (United States) and Synairgen (United Kingdom) |
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Interferon market throughout the forecasted period.
Pfizer (United States), F. Hoffmann-La Roche AG ((Switzerland)), AbbVie(United States), Abbott Laboratories (United States), Johnson& Johnson (United States), Sanofi (France), AstraZeneca (United Kingdom), Novartis (Switzerland), Novo Nordisk (Denmark), Merck & Co., Inc. (United States), Eli Lilly and Company (United States), Bristol-Myers Squibb Company (United States), Amgen (United States) and Synairgen (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cadila Healthcare Limited (Zydus Cadila) (India) and Biocon Ltd (India). Interferon Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Oncology, Autoimmune Disorders, Diabetes, Inflammatory and Infectious Diseases, Neurological Diseases, Cardiovascular Diseases and Others |
Drug Type | Interferon Alpha,Interferon Beta,Interferon Gamma |
Sales Channel | Prescriptive,OTC |
End User | Pharmaceutical Companies,Biopharmaceutical Companies,Hospitals and Clinics,Research and Development Centers,Clinical Trial Centers,Others |
On the basis of geography, the market of Interferon 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Highly Demanded as Alternative For Many Traditional Medications
Market Growth Drivers:
Growing Ageing Population across the Globe and The Surging Number of Chronic Diseases Patients and Geriatric Population
Challenges:
Research Studies Take A Long Time Period Getting Desirable Results and Stringent Regulatory Guidelines
Restraints:
High Cost Associated With The Production, Research, And All Requirements
Opportunities:
Occurrence E Of Chronic Diseases Like Cancer, HIV/AIDS, and Diabetes and Growing Acceptance And Adoption of Biopharmaceuticals Due Effectiveness In Untreatable Diseases
Key Target Audience
Interferon Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Market Leaders & Development Strategies
On 13th January 2020, Amgen announced a diagnostic merger with leading diagnostic Guardant Health and it will develop Blood- and Tissue-Based Companion Diagnostics for Investigational KRAS to expand molecular testing for patients. It will be the first company to develop a KRAS inhibitor in multi diagnostic.
On 20th July 2020, Synairgen plc has pleased to announce positive results from its clinical trial of SNG001, its wholly-owned inhaled formulation of interferon beta, in hospitalized COVID-19 patients.