Global Vasculitis Treatment Market is Expected to Reach USD 350.1 Million by 2031: Says AMR

Surge in the prevalence of vasculitis & its treatment and increase in incidence of chronic diseases, which has heightened the demand for vasculitis drugs fuel the growth of the global vasculitis treatment market. By distribution channel, the hospital pharmacies segment generated the major share in 2021. By region, on the other hand, the market across Asia-Pacific would remain lucrative by 2031.


Portland, OR, Oct. 31, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global Vasculitis Treatment Market was estimated at $250.1 million in 2021 and is expected to hit $350.1 million by 2031, registering a CAGR of 3.4% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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Report coverage & details:

Report CoverageDetails
Forecast Period2022­–2031
Market Size in 2031$350.1 Million
CAGR3.4%
No. of Pages in Report275
Segments CoveredDistribution Channel, Drug Class, Disease Type, and Region.
Drivers Surge in the prevalence of vasculitis and its treatmentIncrease in incidence of chronic diseases, which has heightened the demand for vasculitis drugs
OpportunitiesIncrease in adoption rate of biologics and its development by the market players
RestraintsPotential negative effects of using corticosteroids


Covid-19 Scenario-

  • Due to the recommendations to maintain social distance, many individuals treated their illnesses via self-medication or other unconventional methods, which impacted the vasculitis treatment market negatively.
  • However, as the global situation started getting back on track, the market for vasculitis treatment also recovered at a slow & steady pace.

The global vasculitis treatment market is analyzed across distribution channel, drug class, disease type, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

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By distribution channel, the hospital pharmacies segment held more than half of the total market revenue in 2021, and is expected to dominate by 2031. The drug store and retail pharmacies segment would also manifest the fastest CAGR of 3.8% throughout the forecast period.

Based on drug class, the corticosteroids and immunosuppressants segment garnered around three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The biologics segment, on the other hand, would project the fastest CAGR of 4.1% throughout the forecast period.

By disease type, the small and medium vessel vasculitis segment held nearly three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also cite the fastest CAGR of 3.6% throughout the forecast period.

Based on region, the global market across North America generated more than two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The Asia-Pacific region, at the same time, would manifest the fastest CAGR of 4.1% during the forecast period. The other provinces analyzed through the report include Europe and LAMEA.

The key market players analyzed in the global vasculitis treatment market report include Amgen Inc., Amneal Pharmaceuticals, Inc., Pfizer Inc., F. Hoffmann-La Roche AG, Teva Pharmaceuticals Industries Ltd, GlaxoSmithKline plc, AbbVie Inc., InflaRx NV, Novartis AG, and Staidson Biopharma Inc. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.


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