Porland,OR, March 13, 2019 (GLOBE NEWSWIRE) -- Allied Market Research recently published a report, titled, Autoimmune Disease Therapeutics Market by Drug Class (Anti-Inflammatory, Antihyperglycemics, NSAIDs, Interferons, and Others), Indication (Rheumatic Disease, Type 1 Diabetes, Multiple Sclerosis, Inflammatory Bowel Disease and Others) and Sales Channel (Hospital Pharmacy, Drug Store & Retail Pharmacy, and Online Store): Global Opportunity Analysis and Industry Forecast, 2018–2025.” According to the report, the global autoimmune disease therapeutics market accounted for $109.83 billion in 2017 and is estimated to garner $153.32 billion by 2025, registering a CAGR of 4.2% from 2018 to 2025.

Growth Drivers and Industry Trends

Rise in the adoption of autoimmune disease therapeutics, increase in incidence of autoimmune disease, and wide availability of advanced therapeutics are the major drivers of the global autoimmune disease therapeutics market. However, high cost associated with advanced autoimmune disease therapeutics hampers the market. On the contrary, growth opportunities in the emerging economies and strong presence of pipeline drugs are expected to create lucrative opportunities in the near future.

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The global autoimmune disease therapeutics market is divided into drug class, indication, sales channel, and geography. On the basis of drug class, the market is segmented into anti-inflammatory, antihyperglycemics, NSAIDs, interferons, and others. The anti-inflammatory segment held the largest share in 2017, contributing more than half of the total market share. Moreover, the segment is expected to register the fastest CAGR of 5.3% during the forecast period.

Segmentation Analysis of the Industry

On the basis of indication, the market is bifurcated into rheumatic disease, type 1 diabetes, multiple sclerosis, inflammatory bowel disease, and others. The rheumatic disease segment held about half of the total market share in 2017 and is expected to maintain its dominance throughout the study period. Moreover, the segment is estimated to manifest the fastest CAGR of 5.2% during the study period, owing to prevalence, surge in R&D activities, and availability of advanced therapeutics.  

Based on sale channel, the market is divided into hospital pharmacy, drug store & retail pharmacy, and online store. The drug stores & retail pharmacies segment accounted for the largest share in 2017, contributing about three-fifths of the total market revenue. However, the online stores segment is estimated to grow at a CAGR of 6.8% from 2018 to 2025, owing to rise in preference of online channels and benefits such as fewer expenses, and enhanced convenience.

Industry Key Players

The report includes analysis of the major market players such as Abbott Laboratories, AbbVie Inc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG, Novartis AG, Amgen Inc., AstraZeneca plc., Johnson & Johnson, Pfizer Inc., and UCB S.A.

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