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Idiopathic Pulmonary Fibrosis Market Size Predicted to Hit USD 6.16 billion by 2030 at 7.0% CAGR, Says AMR

10-03-2024 06:24 AM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

Idiopathic Pulmonary Fibrosis Market

Idiopathic Pulmonary Fibrosis Market

Allied Market Research has published a study report with the title Idiopathic Pulmonary Fibrosis Market Size was Valued at USD 3.12 billion in 2020 and is Projected to Garner USD 6.16 billion by 2030, registering a CAGR of 7.0% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, major segments, value chains, competitive scenarios, and regional landscapes. This research offers valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

Increase in incidences of cancer worldwide, favorable reimbursement policies provided by manufacturers & insurance providers, and rise in cigarette smoking drive the growth of the global idiopathic pulmonary fibrosis market. However, the unavailability of the proper treatment options restrains the market growth. On the other hand, rise in number of pipeline drugs and untapped potential in developing countries present new opportunities in the coming years.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/request-sample/4315

๐“๐จ๐ฉ ๐ˆ๐๐ข๐จ๐ฉ๐š๐ญ๐ก๐ข๐œ ๐๐ฎ๐ฅ๐ฆ๐จ๐ง๐š๐ซ๐ฒ ๐…๐ข๐›๐ซ๐จ๐ฌ๐ข๐ฌ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

โ€ข AstraZeneca PLC
โ€ข Bristol-Myers Squibb Company
โ€ข Boehringer Ingelheim
โ€ข GNI Group Ltd
โ€ข F. Hoffmann-La Roche Ltd. (Genentech, Inc.,)
โ€ข Shiongi co Ltd
โ€ข Mission Therapeutics
โ€ข Biogen, Inc.
โ€ข Galapagos NV
โ€ข FibroGen, Inc.

๐ˆ๐๐ข๐จ๐ฉ๐š๐ญ๐ก๐ข๐œ ๐๐ฎ๐ฅ๐ฆ๐จ๐ง๐š๐ซ๐ฒ ๐…๐ข๐›๐ซ๐จ๐ฌ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐œ๐š๐ง ๐›๐ž ๐๐จ๐ง๐ž ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

By Drug Type

โ€ข Pirfenidone
โ€ข Nintedanib

By Distribution Channel

โ€ข Hospital Pharmacies
โ€ข Retail Pharmacies
โ€ข Online Providers

Based on region, North America contributed to the highest market share in 2020, holding more than two-fifths of the global idiopathic pulmonary fibrosis market, and is projected to continue its lead in terms of revenue by 2030. This is attributed to high expenditure on R&D activities, the presence of major players & their product availability, and the well-established healthcare infrastructure in the region. However, Asia-Pacific is expected to manifest the fastest CAGR of 8.9% during the forecast period, owing to improvement in R&D facilities and rapidly developing economic conditions.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/4407

Key Findings Of The Study

โ€ข By drug type, the pirfenidone segment is expected to experience rapid growth in the idiopathic pulmonary fibrosis market, and is projected to grow at a CAGR of 7.2% from 2021 to 2030
โ€ข Nintedanib is projected to grow at a CAGR of 6.6% during the forecast period.
โ€ข Region-wise, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 8.9% during the forecast period.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

โ€ข Which are the driving factors responsible for the growth of market?
โ€ข Which are the roadblock factors of this market?
โ€ข What are the new opportunities, by which market will grow in coming years?
โ€ข What are the trends of this market?
โ€ข Which are main factors responsible for new product launch?
โ€ข How big is the global & regional market in terms of revenue, sales and production?
โ€ข How far will the market grow in forecast period in terms of revenue, sales and production?
โ€ข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โ€ข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โ€ข Which region has more opportunities?

By Region Outlook

โ€ข North America
(U.S., Canada, Mexico)
โ€ข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โ€ข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โ€ข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Contact Details:

David Correa
USA/Canada (Toll-Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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