Oct 24, 2020 (Market Insight Reports) -- The Global Scleroderma Therapeutics Market Research Report 2020-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The Scleroderma Therapeutics market is expected to register a CAGR of 4.5% during the forecast period.
Top Companies in the Global Scleroderma Therapeutics Market are Boehringer Ingelheim International GmbH, Celgene Corporation, arGentis Pharmaceuticals LLC, Prometic Life Sciences Inc., Kadmon Holdings Inc., Emerald Health Pharmaceuticals, Cytori Therapeutics Inc., Chemomab, Corbus Pharmaceuticals Holdings Inc., Bayer AG, and others .
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Key Market Trends
Immunosuppressors are Expected to Witness High Growth Over the Forecast Period
There is no complete cure for Scleroderma. However, scientists have suggested a few therapies that can be useful for people suffering from this disease. Immunosuppressants are the type of medication that helps reduce the symptoms of scleroderma. As the disease has been associated with the immune system, the immunosuppressants help the same by reducing the immune response from occurring. Immunosuppressors act to trigger the death of immune cells or prevent the production of more immune cells. One of the examples for immunotherapy is rituximab, which reduces the level of B-cells, a type of immune cells involved in the scleroderma.
As of now, immunosuppressants are not approved by the FDA for the treatment of scleroderma but they are given to the patients off-label. Some of the immunosuppressants used for scleroderma include Methotrexate, CellCept, Cytoxan, Imuran, cyclosporin, and Thymoglobulin. Several clinical trials are being done currently to investigate the efficacy of immunosuppressants, and the results of these clinical trials have suggested that immunosuppressants can be beneficial in treating scleroderma.
Hence, with the growing clinical trials and proven efficacy of the immunosuppressants, the market studied is expected to register growth in the future.
North America Dominates the Market
North America is expected to hold the largest share of the scleroderma therapeutics market. This has been majorly attributed to the rising number of people suffering from these diseases and the developed healthcare sector, which allows access to novel therapeutics. In the United States, organizations, such as Scleroderma Foundation, have been working toward the management of disease and research on the same. As per this foundation, Scleroderma affects about 300,000 people in the United States, about one in every thousand. It has been observed that since the last decade, scleroderma has been intensified in the United States, therefore, there has been continuous research going on in the country for developing a proper treatment for scleroderma. Rising clinical trials that have been resulting in a positive outcome are expected to come up with novel therapies that may boost the studied market’s growth.
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What are the market factors that are explained in the report?
Executive Summary : It includes key trends of the global Scleroderma Therapeutics market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Scleroderma Therapeutics market based on production and revenue.
Production and Consumption by Region : It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.
Key Players : Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Scleroderma Therapeutics market.
Market Segments : This part of the report discusses product type and application segments of the global Scleroderma Therapeutics market based on market share, CAGR, market size, and various other factors.
Research Methodology : This section discusses the research methodology and approach Scleroderma Therapeutics used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.