Global Systemic Scleroderma Treatment Market Size To Worth USD 2259 Million by 2030 | CAGR of 4.5%

Global Systemic Scleroderma Treatment Market Size To Worth USD 2259 Million by 2030 

According to a research report published by Spherical Insights & Consulting, the Global Systemic Scleroderma Treatment Market Size to Grow from USD 1,520.1 million in 2021 to USD 2259.0 million by 2030, at a CAGR of 4.5%  during the forecast period. Systemic scleroderma is an autoimmune disease that causes the skin and internal organs to harden and become thick. The exponential growth in the number of government initiatives and services available to promote knowledge about the illness and therapeutic options is a key element driving the development of systemic scleroderma treatments and the demand for them

Browse key industry insights spread across 215 pages with 163 market data tables and figures & charts from the report "Global Systemic Scleroderma Treatment Market Size, Share, and COVID-19 Impact Analysis By Drug Class (Immunosuppressors, Calcium Channel Blockers, Proton Pump Inhibitors, Phosphodiesterase 5 Inhibitors, Endothelin Receptor Antagonists, Prostacyclin Analogues, and Others), By Disease Type (limited Systemic Sclerosis, Diffused Systemic Sclerosis, and Systemic Sclerosis Sine Scleroderma), By Route of Administration (Oral and Parenteral), 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/systemic-scleroderma-treatment-market

Scleroderma, often referred to as sclerosis, is an extremely uncommon and chronic illness characterized by excessive collagen synthesis in the body's tissues. Scleroderma mostly affects the skin. However, it is not restricted to the skin and can also affect several important internal organs, including the kidney, lungs, heart, and others. Systemic scleroderma is the medical term for the condition in which thickening of the tissues may be noticed not only in the skin but also in the internal organs. The tightness and hardness of skin patches caused by systemic scleroderma might make it difficult to move the region affected by the disease. The number of patches and their size can change depending on how severe the systemic scleroderma illness is. One of the initial symptoms of systemic scleroderma is a condition called Raynaud's syndrome, which produces discomfort and numbness in the fingers or toes in reaction to cold temperatures. The gastrointestinal tract may be affected by systemic scleroderma, which may result in cramping, diarrhea, constipation, heartburn, and a reduction in the body's ability to properly absorb nutrients from the food it eats into its cells. If it is not treated at the appropriate time, systemic scleroderma can develop into a potentially fatal condition. Pharmaceutical and biotechnology companies are working to create new possible therapies for treating systemic scleroderma.

The endothelin receptor antagonists segment to account for the largest market size during the forecast period

Based on the drug type, the systemic scleroderma treatment market is categorized into immunosuppressors, calcium channel blockers, proton pump inhibitors, phosphodiesterase 5 inhibitors, endothelin receptor antagonists, prostacyclin analogs, and others. In 2021, the endothelin receptor antagonists segment dominated the market with the largest market share of 20% and market revenue of 304.02 million. Drugs belonging to the class known as endothelin receptor antagonists (ERA) are effective at blocking endothelin receptors, particularly type A receptors. This induces vasodilation, which may reduce blood pressure and improve blood flow to organs such as the kidney, liver, and brain. Ambrisentan, bosentan, sitaxsentan, and macitentant are some of these alternatives. Both pulmonary arterial hypertension (PAH) and scleroderma are treated with these medications. Due to its effects on scleroderma, it is used excessively, leading to market growth.

Hospital pharmacies segment to hold a higher CAGR during the forecast period

Based on the distribution channel, the systemic scleroderma treatment market is categorized into hospital pharmacies, retail pharmacies, and online pharmacies. In 2021, hospital pharmacies dominated the market with the largest market share of 37% and market revenue of 562.4 million. Systemic sclerosis treatment is increasingly being utilized in hospitals and pharmacies to treat patients with uncontrolled autoimmune disorders such as systemic sclerosis, lupus erythematosus, and rheumatoid arthritis. This contributes to the rapid expansion of the hospital segment. Immunosuppressants and phosphodiesterase-V inhibitors (PDE), both of which are part of the systemic treatment for scleroderma, are used to assist reduce the thickening impact of the illness on the skin.

North America is Expected to be the largest Market.

The Systemic Scleroderma Treatment market has been segmented into five major regions: North America, Europe, APAC, Latin America, and MEA. The market for systemic scleroderma treatment in the North American region has been expanding owing to the increasing rising R&D activities by several small and medium enterprises to develop medical healthcare facilities in the healthcare sector. Furthermore, the U.S has kept its R&D tax credit low which increases the demand for Systemic Scleroderma Treatment in the market. Also, the population of elderly people in the region is rising at an alarming rate; however, America and Canada have the most prosperous aging populations due to social security payments by the government. For instance, the Nordson Corporation launched a Polyurethane Tubing named 80 Durometer medical tubing to be used for medical applications. Asia Paific to hold a higher CAGR during the forecast period.

The Asia Pacific market is expected to grow at the fastest CAGR between 2021 and 2030, owing to the increasing demand for several applications such as catheters & cannulas, drug delivery systems, Systemic Scleroderma Treatment equipment, and other special applications (smoke evacuation tubing and peristaltic pump tubing).

Major global Systemic Scleroderma Treatment market vendors include Bristol-Myers Squibb Company, Boehringer Ingelheim International GmbH, Allergan, Actelion Pharmaceuticals Ltd, F. Hoffmann-La Roche Ltd, GlaxoSmithKline plc., Biogen, Novartis AG, Teva Pharmaceutical Industries Ltd., AstraZeneca, Celgene Corporation, Ono pharmaceutical co. Ltd, Aspen Holdings, Corbus Pharmaceuticals, Pfizer Inc., Eli Lilly and Company, Bayer AG, Argentis Pharmaceuticals, LLC., Amgen Inc., Sanofi.

Recent Development

• In March 2017- Imatinib Mesylate (Gleevec), an oral chemotherapy medication, demonstrated promising results in a study conducted and published in the Journal of Rheumatology. The study aimed to determine whether or not the medication could be utilized to treat diffuse cutaneous systemic sclerosis. Novartis Pharmaceuticals, which has its headquarters in Switzerland, is the firm that produces the medication known as imatinib mesylate (Gleevec).

• In September 2019- The United States Food and Drug Administration granted approval to the German pharmaceutical company Boehringer Ingelheim International GmbH for the drug Ofev (nintedanib), which is intended to be used to treat patients who suffer from systemic sclerosis associated with interstitial lung disease.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2021 to 2030. Spherical Insights has segmented the global systemic scleroderma treatment market based on the below-mentioned segments:

Global Systemic Scleroderma Treatment Market, By Drug Class Type

• Immunosuppressants
• Calcium channel blockers
• Proton pump inhibitors
• Glucocorticoids
• Alkylating agents
• Interleukin inhibitors
• Others

 Global Systemic Scleroderma Treatment Market, By Disease Type

• Limited systemic sclerosis
• Generalized systemic sclerosis
• Systemic sclerosis sine scleroderma

Global Systemic Scleroderma Treatment Market, By Administration Type

• Oral
• Parenteral

Global Systemic Scleroderma Treatment Market, By Distribution Channel Type

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

Global Systemic Scleroderma Treatment 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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