Global Eosinophilic Granulomatosis with Polyangiitis Treatment Market Poised for Substantial Growth, Reaching US$ 288.5 Million by 2033

Eosinophilic Granulomatosis with Polyangiitis Treatment Market
Eosinophilic Granulomatosis with Polyangiitis Treatment Market

The global eosinophilic granulomatosis with polyangiitis treatment market is experiencing significant growth, with a valuation of US$ 173.8 Million in 2023, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.2% to reach an estimated US$ 288.5 Million by 2033. A comprehensive market analysis indicates various factors driving this growth, including technological advancements in healthcare, increasing prevalence of Churg Strauss syndrome, allergic reactions, and asthma, as well as demographic shifts such as the rising geriatric population.

The escalating demand for EGPA treatment is further fueled by heightened patient awareness and the availability of effective therapeutics. Developed economies are anticipated to witness substantial market growth, supported by government initiatives and advancements in healthcare infrastructure. The presence of a growing number of manufacturers with robust drug pipelines and investments in research and innovation are also key contributors to the market’s optimistic trajectory.

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Geographically, North America leads the EGPA treatment market, benefiting from key market players, recent product launches, and a well-established healthcare infrastructure. Meanwhile, Europe shows promising growth potential, owing to significant research and development investments in the region.

The industry’s positive outlook is reinforced by ongoing efforts to introduce innovative products and meet the increasing demand for EGPA therapeutics. Collaboration between stakeholders, government support, and advancements in healthcare technology collectively create a promising landscape for future market development.

“As the market continues to evolve, stakeholders are encouraged to stay informed about emerging trends and developments to capitalize on the vast opportunities presented by the growing demand for EGPA treatment,” stated FMI.

Key Takeaways from the Market Study:

  • As of 2023, the eosinophilic granulomatosis with polyangiitis treatment market was valued at US$ 173.8Million
  • From 2023 to 2033, the eosinophilic granulomatosis with polyangiitis treatment industry is poised to grow at 5.2% CAGR
  • By 2033, the eosinophilic granulomatosis with polyangiitis treatment market is slated to reach a valuation of US$ 288.5 Million
  • Based on the distribution channel, hospital pharmacy segment accounts for market share of 35.7% during the forecast period.
  • China is poised to yield a CAGR of 4.8% with respect eosinophilic granulomatosis with polyangiitis treatment in 2033.

Competitive Landscape:

Some of the key players present in the global eosinophilic granulomatosis with polyangiitis treatment markets are

  • Genentech Inc
  • F. Hoffmann-La Roche AG
  • Cephalon Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Amgen Inc.
  • Sanofi S.A.
  • Koninklijke DSM N.V
  • AstraZeneca
  • Novartis International AG
  • GlaxoSmithKline LLC
  • Baxter Healthcare Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industries.

  • In April 2021 – Genentech, a member of the Roche Group announced that the U.S. Food and Drug Administration (FDA) has approved the company’s supplemental Biologics License Application for Xolair®(omalizumab) prefilled syringe for self-injection across all approved U.S. indications. Xolair is the only FDA-approved biologic designed to target and block immunoglobulin E (IgE) for the treatment of moderate to severe persistent allergic asthma, chronic idiopathic urticaria (CIU) and nasal polyps.
  • In December 2020– Amgen announced that the S. Food and Drug Administration (FDA) has approved RIABNI™ (rituximab-arrx), a biosimilar to Rituxan® (rituximab), for the treatment of adult patients with Non-Hodgkin’s Lymphoma (NHL), Chronic Lymphocytic Leukemia (CLL), Granulomatosis with Polyangiitis (GPA) (Wegener’s Granulomatosis), and Microscopic Polyangiitis (MPA).

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Key Segments Covered in Eosinophilic Granulomatosis with Polyangiitis Treatment Industry Survey:

Eosinophilic Granulomatosis with Polyangiitis Treatment Market by Drug Class:

  • Steroids
  • Immunosuppressant
  • Biologics
  • Immune Globulins

Eosinophilic Granulomatosis with Polyangiitis Treatment Market by Route of Administration:

  • Oral
  • Intravenous
  • Intramuscular

Eosinophilic Granulomatosis with Polyangiitis Treatment Market by Distribution Channel:

  • Hospital Pharmacies
  • Drug stores
  • Retail Pharmacies
  • Online Pharmacies

Eosinophilic Granulomatosis with Polyangiitis Treatment Market by Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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