Immunology Market Size, Latest Trend, Scope, Global Industry Analysis & Growth Opportunity Report 2020
Global Immunology Market
Immunology is defined as the study of the immune
system and it is an important branch of the medical & biological sciences.
Immunology deals with physiological functions of the immune system instates of
both health & disease and malfunctions of the immune system in
immunological disorders such as immune deficiency, allergies,
hypersensitivities, transplant rejection & autoimmune disorders.
The rise in adoption of monoclonal antibody (mAb), combined
with the increasing prevalence of immunological diseases is expected to boost
the global immunology market growth over the forecast period. The growing
research and development initiative in the monoclonal antibody segment & a
large number of drugs under the segment is expected to support the global
immunology market growth.
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The partnership by key operating players for development of
drugs to treat autoimmune disorders expected to drive the market growth. For
instance, in March 2019, Eli Lilly had partnered with ImmuNext, engaged in the
development of compounds on the cutting edge immunotherapy for autoimmune
diseases. The goal of combining these two companies is to study and development
of potential target for autoimmune disease treatments.
Furthermore, in October 2020, Abbive, Biopharmaceutical
Company had collaborated with Alector, privately owned Biotechnology Company, for
development and commercializes medicines to treat lzheimer's disease &
other neurodegenerative disorders.
Lack of technological developments and high cost associated
with treatment is major restraining factor which expected to hamper the global
immunology market growth over the forecast period.
Global Immunology
Market Segmentation
The Global Immunology Market is segmented into drug
class such as Monoclonal antibody, Fusion Proteins, Immunosuppressant,
Polyclonal antibody, and others, by disease indication such as Rheumatoid
Arthritis, Psoriatic Arthritis, Plaque Psoriasis, Ankylosing Spondylitis,
Inflammatory Bowel disease, and others. Further, market is segmented into
distribution channel such as Hospital Pharmacies, Retail Pharmacies, Online
Pharmacies, and Others.
Also, the Global Immunology Market is segmented into
five regions such as North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa.
Regional Analysis
The North America is expected to hold largest revenue share
throughout the forecast period, owing to the increase in adoption of advanced
immunology drugs and the increasing prevalence of autoimmune and immunological
disorders. The Europe is anticipated to be the second most dominant market
after North American market owing the research and development initiatives as
well as the growing adoption of advanced immunology drugs, whereas, in emerging
countries like India and China. Also, the increase in awareness of autoimmune
and immunological disorders is propelling immunology market growth in this
report.
Market Key Players
Various key players are listed in this report such as Eli
Lilly, AbbVie Inc, F.Hoffmann-La roche Ltd, Amgen Inc, Pfizer, Novartis,
Astellas, Alector, ImmuNext, Merck sharp & Dohme Corp., UCB SA, etc.
Market Segmentation
Analysis
By Drug Class
·
Monoclonal antibody
·
Fusion Proteins
·
Immunosuppressant
·
Polyclonal antibody
·
Others
By Disease Indication
·
Rheumatoid Arthritis
·
Psoriatic Arthritis
·
Plaque Psoriasis
·
Ankylosing Spondylitis
·
Inflammatory Bowel disease
·
Others
By Distribution
Channel
·
Hospital Pharmacies
·
Retail Pharmacies
·
Online Pharmacies
·
Others
By Region
·
North America
·
Latin America
·
Europe
·
Asia Pacific
·
Middle East & Africa
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