Global Dermatomyositis Treatment Market – Industry Trends and Forecast to 2029

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Global Dermatomyositis Treatment Market – Industry Trends and Forecast to 2029

  • Pharmaceutical
  • Upcoming Report
  • Oct 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Dermatomyositis Treatment Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2022 –2029
Diagram Market Size (Base Year)
USD 743.20 Billion
Diagram Market Size (Forecast Year)
USD 1,106.44 Billion
Diagram CAGR
%
Diagram Major Markets Players
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Global Dermatomyositis Treatment Market, Treatment Type (Corticosteroids, Immunosuppressive Agents, Others), Route of Administration (Oral, Topical, Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy) – Industry Trends and Forecast to 2029.

Dermatomyositis Treatment Market

Dermatomyositis Treatment Market Analysis and Size

The global dermatomyositis treatment market is expected to witness significant growth during the forecast period. As per the records of the Rare Disease Organization, the rate of occurrence of dermatomyositis is projected to be about 9.63 cases per million people worldwide. Cancer-related dermatomyositis occurs more frequently in people between the age group of 40 to 50 years. Athough there is no characteristic cancer type or site, experts specify that underlying cancers can most frequently grow in the testes, the ovaries, the lungs, the GI tract, the breasts, or some lymphoid tissues. COVID-19 also had a major impact on the market growth.

Data Bridge Market Research analyses a growth rate in the global dermatomyositis treatment market in the forecast period 2022-2029. The expected CAGR of global dermatomyositis treatment market is tend to be around 5.1% in the mentioned forecast period. The market was valued at USD 743.2 million in 2021, and it would grow upto USD 1106.44 million by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Dermatomyositis Treatment Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Treatment Type (Corticosteroids, Immunosuppressive Agents, Others), Route of Administration (Oral, Topical, Others),End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Novartis AG (Switzerland), Endo International Inc (Ireland), Teva Pharmaceutical Industries Ltd (Israel), Glenmark Pharmaceuticals Ltd (India), Cipla Inc (India), Dr Reddy's Laboratories Ltd (India), Abbott (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc (U.S.), Zydus Group (India), Lupin (India), Amorphex Therapeutics Holdings, Inc (U.S.), Bausch Health Companies Inc. (U.S.)

Market Opportunities

  • Rising Incidence of Dermatomyositis
  • Increasing Demand for Retail Pharmacies

Market Definition

Dermatomyositis is a rare inflammatory skin disorders that is typically characterized by muscle weakness and a severe skin rash. It is mainly caused by either viral infection of the tissues of skeletal muscle or autoimmune reaction. Symptoms may vary broadly from patient to patient. Deformities in the muscles may initiate with weakness and pain in the muscles of the thighs, the hips, the upper arms, and the trunk. The muscles may become sore, tender, and stiff and eventually express signs of degeneration.

Global Dermatomyositis Treatment Market Dynamics

Drivers

  • Increase in Autoimmune Disorders

As per the National Institute of Environmental Health Sciences, more than 80 autoimmune diseases have been identified namely diabetes (type 1), multiple sclerosis, rheumatoid arthritis, lupus, and celiac disease. Increase in the occurrence of these diseases drives the global dermatomyositosis market. This boosts the growth of the market.

  • Rising Demand for Oral Drugs

Oral drugs is projected to boost the market growth. The segment is expected to speed up the global market as most products are accessible in capsule and tablet form and it is a very convenient route of administration.

Opportunities

  • Rising Incidence of Dermatomyositis

As per the records of Rare Disease Organization, the rate of occurrence of dermatomyositis is projected to be around 9.63 cases per million people worldwide. In children, dermatomyositis symptoms usually occur between 5 and 15 years of age. Juvenile dermatomyositis affects approximately one in every 100,000 children. Dermatomyositis is two times more common in women than in men.

  • Increasing Demand for Retail Pharmacies

The rise in the number of dermatomyositis therapeutics delivered through retail pharmacies and the increase in the number of retail pharmacies in highly developed countries create opportunities for the market growth. In addition to this, patients choose retail pharmacies for purchasing drugs, as these are easily available.

 Restraints/Challenges

  • Limited Studies and Surveys

There are very limited studies and surveys that is hampering the growth of the market. Only a minimal amount of data are available with respect to the studies. A few studies mainly focused on groups from a single hospital wherein only a limited number of patients are observed. Thus, this hampers the growth of the market.

  • High Cost

The huge expenditure associated with dermatomyositis medications hamper the market growth. This disease involves treatment with corticosteroids, different immunosuppressive agents which demands huge expenditure. This acts as a major hindrance for the market.

This global dermatomyositis treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global dermatomyositis treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Global Dermatomyositis Treatment Market         

COVID-19 has left an unprecedented global public health crisis that has impacted practically every business. Its long-term repercussions are expected to influence industry growth during the forecast period. It has been observed that COVID-19 can induce a systemic inflammatory response, and its clinical appearances are different. Recently, it has been stated that COVID-19 patients may develop myositis and interstitial pulmonary disease that is similar to dermatomyositis (DM).

In the post-pandemic era, the market is expected to rise because of the availability of varied treatment options such as anti-inflammatory therapy that may benefit patients. Other than that, glucocorticoids, antagonists are also helpful.

Global Dermatomyositis Treatment Market Scope

The global dermatomyositis treatment market is segmented on the basis of treatment type, route of administration, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Treatment Type

Route of Administration

  • Oral
  • Topical
  • Others

End User

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

Dermatomyositis Treatment Market Regional Analysis/Insights

The global dermatomyositis treatment market is analysed and market size insights and trends are provided by treatment type, route of administration, distribution channel and end-user as referenced above.

The major countries covered in the global dermatomyositis treatment market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America has been witnessing a positive growth for global dermatomyositis treatment market throughout the forecasted period due to the high disposable income and advanced healthcare facilities.

Asia-Pacific dominates the market due to presence of rapidly developing economies such as China and India in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Dermatomyositis Treatment Market Share Analysis

The global dermatomyositis treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global dermatomyositis treatment market

Key players operating in the global dermatomyositis treatment market include:

  • Novartis AG (Switzerland)
  • Endo International Inc (Ireland)
  • Teva Pharmaceutical Industries Ltd (Israel)
  • Glenmark Pharmaceuticals Ltd (India)
  • Cipla Inc (India)
  • Dr Reddy's Laboratories Ltd (India)
  • Abbott (U.S.)
  • F. Hoffmann-La Roche Ltd (Switzerland)
  • Pfizer Inc (U.S.)
  • Zydus Group (India)
  • Lupin (India)
  • Amorphex Therapeutics Holdings, Inc (U.S.)
  • Bausch Health Companies Inc. (U.S.)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The Dermatomyositis Treatment Market is projected to grow at a CAGR of 5.1% during the forecast period by 2029.
The future market value of the Dermatomyositis Treatment Market is expected to reach USD 1106.44 million by 2029.
The major players in the Dermatomyositis Treatment Market are Novartis AG (Switzerland), Endo International Inc (Ireland), Teva Pharmaceutical Industries Ltd (Israel), Glenmark Pharmaceuticals Ltd (India), Cipla Inc (India), Dr Reddy's Laboratories Ltd (India), Abbott (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc (U.S.), Zydus Group (India), Lupin (India), Amorphex Therapeutics Holdings, Inc (U.S.), Bausch Health Companies Inc. (U.S.)
The country covered in the Dermatomyositis Treatment Market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, etc.