Market Analysis
Immunosuppressants are medicines or drugs that lower the ability of the body to reject a transplanted organ. They are also known as anti-rejection drugs.
Various factors are propelling the immunosuppressive drugs market growth. These factors, as per the new Market Research Future report, include the growing rate of autoimmune diseases, growing need for organ transplantation, increasing rates of organ failure, increasing use of tissue engineering in organ transplant, and burgeoning demand for organ replacement.
On the flip side, stem cell therapy used as an alternative to organ transplantation, lack of awareness regarding immunosuppressive drugs, shortage of donors for organ transplant, high drug cost, and uncertainty of the action of these drugs on complex organ transplantations are factors that may deter the immunosuppressive drugs market growth over the forecast period.
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Regional Analysis
By region, the immunosuppressive drugs market report covers the latest trends and growth opportunities across the Americas, the Middle East and Africa, Europe, and the Asia Pacific. Of these, the Americas will lead the market over the forecast period. Factors aiding the growth of the immunosuppressive drugs market in the region include the increasing prevalence of autoimmune diseases, the growing number of organ transplants, large-scale investments in research and development, and technological advancements.
The immunosuppressive drugs market in Europe is predicted to have a healthy growth over the forecast period. This is firstly due to the increasing incidence of autoimmune diseases, especially in Western Europe and secondly due to the growing number of transplants in the region.
The immunosuppressive drugs market in the APAC region is predicted to grow at the fastest pace over the forecast period. Factors aiding the growth of the immunosuppressive drugs market in the region include an increase in medical tourism, the presence of well-established healthcare industry, and a high population.
The immunosuppressive drugs market in the MEA is predicted to have a small share in the market over the forecast period for having an underdeveloped organ transplant market and the less incidence of autoimmune diseases.
Key Players
Notable players profiled in the immunosuppressive drugs market report include Zydus Cadila (India), Actavis, Inc. (US), Pfizer Inc. (US), Novartis AG (Switzerland), Mylan Laboratories Inc. (US), Glenmark Pharmaceuticals, Inc (India), Bristol-Myers Squibb Company (US), GlaxoSmithKline PLC (UK), Genzyme Co. (US), F. Hoffmann-La Roche AG (Switzerland), Astellas Pharma (Japan), and Accord Healthcare (US).
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