Biosimilar Interleukins Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
The Business Research Company’s Biosimilar Interleukins Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, April 28, 2022 /EINPresswire.com/ — The increasing prevalence of autoimmune diseases such as psoriasis and rheumatoid arthritis is expected to boost the growth of the interleukin biosimilars market in the forecast period. Autoimmune disorders are conditions in which the immune cells cannot distinguish healthy cells from potentially dangerous antibodies. Biologic drugs such as anti-interleukin antibodies have shown significant clinical benefit in regulating the cells, and in directing proliferation, activation, and migration of the cells. According to the Johns Hopkins University report published in 2021, autoimmune illnesses impacted around 3% of the population in the United States, or about 10 million individuals. Therefore, the increasing prevalence of autoimmune diseases is shaping the biosimilar interleukins market outlook and is expected to drive the growth of the market.
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The global biosimilar interleukins market size is expected to grow from $1.42 billion in 2021 to $2.01 billion in 2022 at a compound annual growth rate (CAGR) of 40.9%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The biosimilar interleukins market share is expected to reach $7.52 billion in 2026 at a CAGR of 39.1%.
Major players covered in the global biosimilar interleukins industry are MabPharm, Gedeon Richter, Bio-Thera Solutions, Sorrento Therapeutics/MabTech, and Sunshine Guojian Pharmaceutical.
TBRC’s global biosimilar interleukins market analysis report is segmented by type into IL-17, IL-23, IL-1, IL-5, IL-6, By application into psoriasis, psoriatic arthritis, rheumatoid arthritis, asthma, inflammatory bowel disease (IBD), others, by distribution channel into hospital pharmacies, online pharmacies, retail pharmacies, clinics, research institutes.
Biosimilar Interleukins Global Market Report 2022 – By Type (IL-17, IL-23, IL-1, IL-5, IL-6), By Application (Psoriasis, Psoriatic Arthritis, Rheumatoid Arthritis, Asthma, Inflammatory Bowel Disease (IBD)), By Distribution Channel (Hospital Pharmacies, Online Pharmacies, Retail Pharmacies, Clinics, Research Institutes) – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides a biosimilar interleukins market overview, forecast biosimilar interleukins market size and growth for the whole market, biosimilar interleukins market segments, geographies, biosimilar interleukins market trends, biosimilar interleukins market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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