Global Eosinophilic Esophagitis Market Size To Grow USD 1927 Million By 2030 | CAGR of 34%
Category: HealthcareGlobal Eosinophilic Esophagitis Market Size To Worth USD 1,927 Million by 2030
According to a research report published by Spherical Insights & Consulting, the Global Eosinophilic Esophagitis Market Size to grow from USD 138.4 million in 2021 to USD 1,927 million by 2030, at a Compound Annual Growth Rate (CAGR) of 34% during the forecast period. This industry is growing because there are more people with rare diseases worldwide, and the market is growing. White blood cell-related autoimmune diseases are becoming more common, driving the market for diseases caused by eosinophils.
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Browse key industry insights spread across 200 pages with 104 market data tables and figures & charts from the report "Global Eosinophilic Esophagitis Market Size, Share, and COVID-19 Impact Analysis By Drug Class ({ Corticosteroids (Budesonide (Jorveza, Off-label budesonide), Fluticasone), Proton Pump Inhibitor (PPI) (Omeprazole, Esomeprazole, Others), and Late Stage Pipeline Drugs (Dupixent, APT-1011, Lirentelimab (AK002), Cendakimab, Etrasimod, TAK-721, Omilancor (BT-11) }), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030. ” in detail along with the table of contents. https://www.sphericalinsights.com/reports/eosinophilic-esophagitis-market
The COVID-19 pandemic has made an adverse impact on credit portfolios. There has been an unprecedented rise in unemployment and disruption in economic activity, putting a strain on the solvency of customers and companies. Central banks have taken a proactive approach by injecting liquidity into the market by lowering interest rates and asset purchase programs. Managing and monitoring credit, market, liquidity, and operational risk across financial markets were hard enough with ongoing geopolitical tensions, international trade wars, and the occasional hurricanes and earthquakes. The current pandemic has forced chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. COVID-19’s global impact has shown that interconnectedness plays an important role in international cooperation. As a result, many governments started rushing toward identifying, evaluating, and procuring reliable solutions powered by AI.
The proton pump inhibitor segment to account for the largest market size during the forecast period
Based on the drug class, the eosinophilic esophagitis market is categorized into Corticosteroids (Budesonide (Jorveza, Off-label budesonide), Fluticasone), Proton Pump Inhibitor (PPI) (Omeprazole, Esomeprazole, Others), and Late Stage Pipeline Drugs (Dupixent, APT-1011, Lirentelimab (AK002), Cendakimab, Etrasimod, TAK-721, Omilancor (BT-11). The proton pump inhibitor segment accounts for the largest market size during the forecast period. Proton-pump inhibitors (PPIs), a group of drugs, cause the stomach to make much less acid. This effect lasts for a long time. They do this by stopping the stomach's H+/K+ ATPase proton pump in a way that can't be undone. They are the most powerful acid-secretion-blocking medicines that can be bought right now.
The hospital pharmacies segment to hold a higher CAGR during the forecast period
Based on the distribution channel, the eosinophilic esophagitis market is categorized into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. The hospital pharmacies segment to hold a higher CAGR during the forecast period. The number of hospital pharmacies is increasing because of increased drug sales for eosinophilic esophagitis.
North America is estimated to account for the highest market share in 2021.
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The Global Eosinophilic Esophagitis Market has been segmented into five major regions: North America, Europe, Asia-Pacific, South America, The Middle East and Africa.In the past few years, the regional market's growth has been helped by a good economy and the rise of several domestic manufacturers with good technical skills and lower prices than those in Europe and North America, where economies are more developed. Asia-Pacific to hold a higher CAGR during the forecast period.
Recent Development
- In January 2020, it came out that Fasenra would be taking part in three clinical studies for skin disorders caused by eosinophils. Here, two Phase II studies and one Phase III study are being done to see how well the drug works for treating atopic dermatitis (AD) and chronic spontaneous urticaria (CSU), respectively.
- In April 2022, Escorten was put on the Korean market by Daewon Pharmaceutical. This was one of the first proton-pump inhibitors that could be bought in the United States. There is an esomeprazole magnesium trihydrate dose of 10 milligrammes that can be taken.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2021 to 2030. Spherical Insights has segmented the global eosinophilic esophagitis market based on the below-mentioned segments:
Global Eosinophilic Esophagitis Market, By Drug Class
- Corticosteroids (Budesonide (Jorveza, Off-label budesonide), Fluticasone)
- Proton Pump Inhibitor (PPI) (Omeprazole, Esomeprazole, Others)
- Late Stage Pipeline Drugs (Dupixent, APT-1011, Lirentelimab (AK002), Cendakimab, Etrasimod, TAK-721, Omilancor (BT-11)
Global Eosinophilic Esophagitis Market, By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Global Eosinophilic Esophagitis Market, Regional Analysis
- North America
- THE US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- The 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
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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Frequently Asked Questions (FAQ)
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What is the market size of the Eosinophilic Esophagitis market?As per Spherical Insights, the size of the Eosinophilic Esophagitis market was valued at USD 138.4 million in 2021 to USD 1,927 million by 2030.
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What is the market growth rate of the Eosinophilic Esophagitis market?The Eosinophilic Esophagitis market is growing at a CAGR of 34% from 2021 to 2030.
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Which country dominates the Eosinophilic Esophagitis market?North America emerged as the largest market for Eosinophilic Esophagitis.
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Who are the key players in the Eosinophilic Esophagitis market?Key players in the Eosinophilic Esophagitis market are Takeda Pharmaceutical Company Limited (Japan), Ellodi Pharmaceuticals (U.S.), Bristol-Myers Squibb Company (U.S.), AstraZeneca (U.K.), GSK plc (U.S.), Regeneron Pharmaceuticals Inc. (U.S.), Allakos Inc (U.S.,) Arena Pharmaceuticals Ltd (U.S.), Revolo Biotherapeutics (U.S.), DBV Technologies (France), Cipla Inc (India), Sun Pharmaceutical Industries Ltd (India), and Sanofi (France).
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Which factor drives the growth of the Eosinophilic Esophagitis market?Increasing awareness about the disease is expected to drive the market's growth over the forecast period.
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