Global Idiopathic Pulmonary Fibrosis Market Generated US$ 2,073.9 Million in 2021 | Astute Analytica

The idiopathic pulmonary fibrosis (IPF) market is on a robust growth trajectory, with a projected increase from US$ 2,073.9 million in 2021

CHICAGO, CA, UNITED STATES, September 17, 2024 /EINPresswire.com/ -- The global 𝐈𝐝𝐢𝐨𝐩𝐚𝐭𝐡𝐢𝐜 𝐏𝐮𝐥𝐦𝐨𝐧𝐚𝐫𝐲 𝐅𝐢𝐛𝐫𝐨𝐬𝐢𝐬 (𝐈𝐏𝐅) 𝐦𝐚𝐫𝐤𝐞𝐭 is witnessing significant growth, with a valuation of 𝐔𝐒$ 𝟐,𝟎𝟕𝟑.𝟗 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟏 and a projected market size of 𝐔𝐒$ 𝟒,𝟐𝟗𝟖.𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎. This substantial growth is anticipated at a compound annual growth rate (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟗.𝟒% throughout the forecast period from 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟎.

𝐓𝐡𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞- https://www.astuteanalytica.com/request-sample/idiopathic-pulmonary-fibrosis-market

Idiopathic Pulmonary Fibrosis is a progressive and debilitating lung disease characterized by the scarring of lung tissue, which impairs breathing and respiratory function. The market growth is primarily driven by the increasing prevalence of IPF, advancements in diagnostic techniques, and the development of innovative therapeutics aimed at managing and treating this chronic condition.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐜𝐨𝐩𝐞

The report provides a thorough analysis of market opportunities in the worldwide Idiopathic pulmonary fibrosis Market. The 7MM region consisting of the following countries have been extensively analyzed – U.S., UK, France, Germany, Spain, Italy, and Japan – for growth opportunities in the Idiopathic pulmonary fibrosis market. The report identifies the U.S. as the largest market with a US$ 1,171.8 Million market size in 2020 with the highest CAGR of 9.9%. The global prevalence of idiopathic pulmonary fibrosis is estimated to be 13 to 20 per 100,000 people. In the United States, about 100,000 people are affected, with 30,000 to 40,000 new cases identified each year. The random form of pulmonary fibrosis is less common than familial pulmonary fibrosis. One of the primary causes of Idiopathic pulmonary fibrosis is smoking. According to data provided by the Centers for Disease Control and Prevention (CDC), in 2019, over 14 out of every 100 adults in the United States aged 18 and up (14.0%) smoked cigarettes. This means that in the United States, approximately 34.1 million adults smoke cigarettes. A smoking-related ailment affects more than 16 million Americans.

𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐝𝐞𝐱 𝐨𝐟 𝐟𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐭𝐮𝐝𝐲 𝐚𝐭 @:- https://www.astuteanalytica.com/industry-report/idiopathic-pulmonary-fibrosis-market

𝐈𝐝𝐢𝐨𝐩𝐚𝐭𝐡𝐢𝐜 𝐏𝐮𝐥𝐦𝐨𝐧𝐚𝐫𝐲 𝐅𝐢𝐛𝐫𝐨𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧

The idiopathic pulmonary fibrosis market report includes market analysis on basis of therapies being used to treat or decrease the progression of Idiopathic pulmonary fibrosis disease. Globally, it has been observed that Esbriet (Pirfenidone), a prescription medicine originally developed by InterMune Inc., which later merged with Roche, dominated the market in 2020. Esbriet is an oral drug that has been licensed for the treatment of idiopathic pulmonary fibrosis in over 60 countries across the world. In October of 2014, the Food and Drug Administration (FDA) approved Esbriet for use in persons with Idiopathic pulmonary fibrosis. InterMune created Esbriet for usage in the United States, Europe, and other nations. In 2011, the European Union (EU) granted commercial permission for the treatment of people with mild to moderate Idiopathic pulmonary fibrosis. Another prescription medicine, OFEV was developed by Boehringer Ingelheim Pharma GmbH and Co. Kg whose active ingredient nintedanib is a tyrosine kinase inhibitor (TKI) that inhibits the growth factor receptors involved in the progress of pulmonary fibrosis. Both of these medications help individuals with Idiopathic pulmonary fibrosis live longer. Across all medication classifications, MAPK Inhibitors (Esbriet) has the biggest market share. However, due to the FDA's priority review, Tyrosine Kinase Inhibitors (OFEV) is predicted to increase in the idiopathic pulmonary fibrosis market over the forecast period.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

• Genentech, Inc.,
• Boehringer Ingelheim Pharma GmbH, and Co. Kg,
• MediciNova,
• FibroGen, Inc.,
• Kadmon Corporation, LLC,
• Promedior, Genkyotex,
• CelgeneCorporation,
• ProMetic LifeSciences,
• Biogen, Inc.,
• Merck and Co.
• Novartis
• Other

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

𝐁𝐲 𝐓𝐡𝐞𝐫𝐚𝐩𝐲

• Esbriet (Pirfenidone)
• Ofev (Nintedanib)
• Tipelukast
• Pamrevlumab
• KD025
• PRM 151
• GKT831
• Others

𝐁𝐲 𝐂𝐨𝐮𝐧𝐭𝐫𝐲

• The U.S.
• The UK
• France
• Germany
• Spain
• Italy
• Japan

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭@- https://www.astuteanalytica.com/request-sample/idiopathic-pulmonary-fibrosis-market

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Aamir Beg
Astute Analytica
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