Immunosuppressants Market Size, Growth Forecast 2028

The latest report by Precision Business Insights, titled "Immunosuppressants Market" covers complete information on market size, share, growth, trends, segment analysis, key players, drivers, and restraints.
NEW YORK - Dec. 2, 2022 - PRLog -- The global immunosuppressants market size was valued at USD 61.54 billion in 2021, growing at a CAGR of 14.2% during the forecast period 2022-2028. Immunosuppressants are a type of medication that suppresses the immune system's reaction. The recipient's immune system is stimulated, and it produces an immunological response following organ transplants from the donors to the receiver, just as it does in reaction to some foreign substances. This immunological response has a significant impact on the organ's immunity. It's often referred to as acute or chronic rejection. Immunosuppressive medicines are not allowed to be used to limit immune reactions and protect the new organ and function. They are largely used to prevent autoimmune disorders such as asthma, gravitational myasthenia, rheumatoid arthritis, lupus, organ rejection, and Crohn's disease, after transplantation, such as liver, kidney, and heart transplants. Induction therapy, maintenance therapy, and the management of an existing acute rejection reaction are the three phases of clinical immunosuppression.

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Over the forecast period, the worldwide immunosuppressants market is expected to increase at a significant rate. Companies are resuming operations and adapting to the new normal as they recover from the COVID-19 impact, which had previously resulted in stringent containment measures such as social distancing, working remotely, and the closure of commercial operations, all of which created operational challenges. The rise in organ transplant procedures, such as kidney and liver transplants, due to an increase in the prevalence of organ failure, is the primary driver of immunosuppressant growing market. As per the United Network for Organ Sharing (UNOS), 39,718 organ transplants were conducted in the United States in 2019, and there are more than 112,000 individuals on the national transplant waiting list in the United States as of March 2020.

The global immunosuppressant drugs market on the basis of drug Class, which is further divided into Corticosteroids, Monoclonal Antibodies (mAbs), Calcineurin Inhibitors, mTOR Inhibitors, Anti-Proliferative Agents, Others. On the basis of indication, the market is divided into Organ Transplantation, Autoimmune Disorders, Non-Autoimmune Inflammatory Diseases. On the basis of distribution channel, the market is classified into Hospital pharmacies, Retail pharmacies, Online pharmacies. On the basis of by Route of Administration, the market is categorized into Oral, Parenteral.

Some of the major players working in immunosuppressants market, which include GlaxoSmithKline Plc.,Novartis AG, Sanofi S.A., Pfizer, Inc., Bristol Myers Squibb, F. Hoffmann La Roche Ltd., Astellas Pharma, Inc., Genzyme Corporation.

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