Global Autoimmune Disease Therapeutics Market Size to Exceed USD 416.55 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Autoimmune Disease Therapeutics Market Size is Expected to Grow from USD 199.40 Billion in 2023 to USD 416.55 Billion by 2033, at a CAGR of 7.65% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Autoimmune Disease Therapeutics Market Size, Share, and COVID-19 Impact Analysis, By Drug Class Type (Anti-inflammatory, Antihyperglycemics, NSAIDs, Interferons, and Others), By Indication (Rheumatic Disease, Type 1 Diabetes, Multiple Sclerosis, Inflammatory Bowel Disease, and Other Indications), By Sales Channel (Hospital Pharmacy, Drug Store & Retail Pharmacy, and Online Store), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The autoimmune disease therapeutics market is the global marketplace dealing with developing, manufacturing, and selling therapy for autoimmune diseases. Autoimmune diseases are those in which the immune system falsely targets the body's cells, causing chronic inflammation and tissue destruction. Furthermore, the global autoimmune disease therapeutics market is fueled by growing autoimmune disease incidence, augmenting R&D expenditure, improvement in biologics and targeted medicine, and rising awareness. The growing aging population, better diagnostic technologies, and robust pipeline drugs also fuel market growth. Favorable government policies and higher healthcare expenditures further improve access to sophisticated autoimmune disease therapies. However, the high treatment costs, side effects of therapies, limited disease awareness, stringent regulatory approvals, and challenges in early diagnosis and personalized treatment development are key restraints for the growth of the market.
The anti-inflammatory segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of the drug class type, the global autoimmune disease therapeutics market is divided into anti-inflammatory, antihyperglycemics, NSAIDs, interferons, and others. Among these, the anti-inflammatory segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is attributed to the widespread use of NSAIDs and corticosteroids for managing autoimmune diseases. Rising prevalence, rapid symptom relief, affordability, and ongoing advancements in biologics and targeted therapies further drive its growth. Increasing research in novel anti-inflammatory drugs ensures sustained market expansion during the forecast period.
The rheumatic disease segment accounted for the greatest share in 2023 and is anticipated to grow at a substantial CAGR over the forecast period.
On the basis of the indication, the global autoimmune disease therapeutics market is divided into rheumatic disease, type 1 diabetes, multiple sclerosis, inflammatory bowel disease, and other indications. Among these, the rheumatic disease segment accounted for the greatest share in 2023 and is anticipated to grow at a substantial CAGR over the forecast period. The segmental growth is attributed to the high prevalence of conditions like rheumatoid arthritis and psoriatic arthritis. The increasing geriatric population, rising adoption of biologics and targeted therapies, and ongoing research into novel treatments contribute to its substantial CAGR, ensuring continued market expansion throughout the forecast period.
The hospital pharmacy segment accounted for the greatest share in 2023 and is anticipated to grow at a remarkable CAGR throughout the forecast period.
On the basis of the sales channel, the global autoimmune disease therapeutics market is divided into hospital pharmacy, drug store & retail pharmacy, and online store. Among these, the hospital pharmacy segment accounted for the greatest share in 2023 and is anticipated to grow at a remarkable CAGR throughout the forecast period. The segmental growth is attributed to the high demand for specialized autoimmune disease treatments, including biologics and infusion therapies. Growing hospital admissions, advancements in hospital-based drug distribution, and the availability of advanced therapeutics contribute to its remarkable CAGR, ensuring strong growth throughout the forecast period.
North America is projected to hold the largest share of the global Autoimmune Disease Therapeutics market over the forecast period.
North America is projected to hold the largest share of the global autoimmune disease therapeutics market over the forecast period. The regional growth is attributed to the high disease prevalence, advanced healthcare infrastructure, strong R&D investments, and rapid adoption of biologics and novel therapies. Favorable reimbursement policies, the presence of key pharmaceutical players, and increasing awareness further drive market growth, ensuring North America's leading position during the forecast period.
Asia Pacific is expected to grow at the fastest CAGR growth of the global autoimmune disease therapeutics market during the forecast period. The segmental growth is attributed to the rising disease prevalence, increasing healthcare expenditure, expanding access to advanced treatments, and growing biotechnology investments. Additionally, improving healthcare infrastructure, government initiatives, and a large patient pool further drive rapid market growth throughout the forecast period.
Company Profiling
Major vendors in the global autoimmune disease therapeutics market are AbbVie Inc., UCB S.A., Novartis AG, F. Hoffmann-La Roche Ltd. (Genentech, Inc.,), Amgen Inc., Pfizer Inc., AstraZeneca Plc., Abbott Laboratories, Johnson & Johnson, Bristol-Myers Squibb Company, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global autoimmune disease therapeutics market based on the below-mentioned segments:
Global Autoimmune Disease Therapeutics Market, By Drug Class Type
- Anti-inflammatory
- Antihyperglycemics
- NSAIDs
- Interferons
- Others
Global Autoimmune Disease Therapeutics Market, By Indication
- Rheumatic Disease
- Type 1 Diabetes
- Multiple Sclerosis
- Inflammatory Bowel Disease
- Other Indications
Global Autoimmune Disease Therapeutics Market, By Sales Channel
- Hospital Pharmacy
- Drug Store & Retail Pharmacy
- Online Store
Global Autoimmune Disease Therapeutics Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa