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Global Autoimmune Disease Therapeutics Market to Reach $50 Billion by 2015, According to a New Report by Global Industry Analysts
Date:6/30/2009

GIA announces the release of a comprehensive global report on Autoimmune Disease Therapeutics market. With the global incidence and prevalence of autoimmune diseases increasing, the market for drugs used in the treatment of these diseases is expected to flourish in the near future. Key factors driving this growth include increasing use of biologics, as against conventional treatment options. Priced higher than conventional drugs, biologic drugs continue to drive revenues for manufacturers. Besides, factors such as unmet medical needs and an extensive pipeline of drugs that bode superior efficacy, keep growth prospects optimistic.

San Jose, CA (PRWEB) June 30, 2009 -- Global market for Autoimmune Disease Therapeutics is projected to reach US$49.8 billion in 2015. Biologics emerged as the leading therapeutic option in the treatment of autoimmune diseases, owing to their superior efficacy compared to conventional small molecule drugs. Fueling growth are factors such as introduction of new products, enhanced access to drugs, and enhanced penetration of existing drugs. Access to biologics in the world's largest drug market, the US, is due primarily to the inclusion of Humira and Enbrel into Medicare Part D reimbursement in early 2006. New products that are being launched in the market provide expanded therapeutic options for patients who fail to respond to existing therapies. The United States represents the largest market for biological autoimmune disease therapeutics, while Europe represents the fastest growing market worldwide. Rheumatoid Arthritis represents t
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Global Autoimmune Disease Therapeutics Market to Reach $50 Billion by 2015, According to a New Report by Global Industry Analysts
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