The Systemic Sclerosis Treatment Market is anticipated to generate US$ 928.1 million in revenue globally in 2022, and is anticipated to grow at a 7.9% CAGR to reach a valuation of US$ 2.2 billion by the end of 2033. A recent study by Future Market Insights predicts that in 2022, drug therapy will have a market share of roughly 95.4% worldwide.
As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Systemic Sclerosis Treatment market is projected to witness robust growth during the forecast year 2023 to 2033. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Systemic Sclerosis
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Advent of Telehealth and Virtual Care to Create Tailwind for the Systemic Sclerosis Treatment Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Systemic Sclerosis Treatment market.
Key Systemic Sclerosis Treatment Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2033.
- Germany Systemic Sclerosis Treatment market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2023 to 2033.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
Report Benefits & Key Questions Answered
- Systemic Sclerosis Treatment Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Systemic Sclerosis Treatment market. It also studies the impact of these dynamics on the market for the previous assessment period 2018 to 2022 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Systemic Sclerosis Treatment Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Systemic Sclerosis Treatment market. As per the survey, Systemic Sclerosis Treatment sales will project steady growth over the forecast period.
- Systemic Sclerosis Treatment Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Systemic Sclerosis Treatment market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Systemic Sclerosis Treatment Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Systemic Sclerosis Treatment market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Systemic Sclerosis Treatment market.
Some of the prominent market players are profiled by FMI are:
- Sanofi
- Actelion Pharmaceuticals, Inc. Pfizer, Inc.
- Gilead Sciences, Inc.
- Cytori Therapeutics, Inc.
- Eli Lilly
- Bayer AG
- Boehringer Ingelheim
- Asta Pharma
Key Segments Covered in Systemic Sclerosis Treatment Market
By Therapeutics:
- By Drug Therapy
- Corticosteroids
- Immunosuppressants
- Nonsteroidal Anti-Inflammatory Drugs
- Blood Pressure Medication
- Proton Pump Inhibitors
- TNF Inhibitors
- Light Therapy
- Nitroglycerin Ointment
- Others
- Hematopoietic Stem Cell Transplantation (HSCT)
By Indication:
- Limited Cutaneous Systemic Sclerosis Lamotrigine
- Diffuse Cutaneous Systemic Sclerosis
By Target Organ:
- Skin Fibrosis
- Musculoskeletal
- Digital Ulcers
- Pulmonary Arterial Hypertension
- Gastrointestinal
- Pulmonary Fibrosis
- Scleroderma Renal Crisis
By Route of Administration:
- Injectable
- Oral
- Topical
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Specialty Clinics
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa