“Global Anti-Idiopathic Pulmonary Fibrosis Drugs market set to grow to $5.9bn by 2025” says new Visiongain report
26 November 2019
Visiongain has published a new pharma report Anti-Idiopathic Pulmonary Fibrosis Drugs Market: Forecast Antifibrotics, Tyrosine Kinase Inhibitors, Anti-inflammatory Drugs, Immunosuppressants, Other MoA, Innovator Drugs.
The global anti-idiopathic pulmonary fibrosis drugs market is expected to grow at a CAGR of 16.7% in the first half of the forecast period. In 2018, the anti-fibrotics held the largest market share (51%) followed by the tyrosine kinase inhibitors.
The lead analyst commented that "During the forecast period, the global market is driven by the raising prevalence and incidence of IPF patients, expected launch of novel therapies, special regulatory (Orphan and Fast-track) designations for pipeline molecules, increased understanding of disease pathogenesis, and limited number of current players. However, the global market is curtailed by various challenges during the forecast period with use of off-label drugs, availability of non-pharmacological therapies, and lack of proper diagnosis techniques, as well as absence of highly efficacious & safe drugs."
Leading companies featured in this report include Boehringer Ingelheim, Cipla Limited, Galapagos NV, MediciNova Inc., Merck & Co., Roche, Shionogi & Co. Ltd. and other companies.
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