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Global Idiopathic Pulmonary Fibrosis Treatment Market Research Report 2022-2027:
According to the latest report by IMARC Group, titled " IdiopathicPulmonaryFibrosisTreatmentMarket:GlobalIndustryTrends,Share,Size,Growth,Opp ortunityandForecast2022-2027
," the global idiopathic pulmonary fibrosis treatment market reached a value of US$ 3,278 Million in 2021.
Idiopathic pulmonary fibrosis (IPF) is an interstitial lung disease that causes scarring of the lungs, reducing their oxygen delivering capacity. The chronic lung disease is progressive and irreversible in nature as it continuously impacts the functioning of the lungs. It causes difficulty in breathing and does not provide sufficient oxygen to different body parts. IPF can be diagnosed through chest imaging studies, lung biopsies, pulmonary function tests, and antibody tests.
Thetreatment includes nintedanib and pirfenidone-based drugs that aid in lung functioning and minimize the risk of acute respiratory deterioration. They are also offered along with oxygen therapy and palliative care, which improve the chances of recovery and provide comfort to the patient.
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The market is primarily driven by the rising geriatric population, which is susceptible tolung disorders. Aging is considered the greatest risk factor for the development of IPF. Moreover, the growing prevalence of fibrotic diseases, owing to changing lifestyles and heavy consumption of nicotine products like cigarettes is also propelling the demand for IPF treatment. Besides this, major healthcare companies are extensively investing in the development and commercialization of novel drugs, especially in emerging economies, which is fueling the growth of the market.
The rising health consciousness among individuals regarding effective management strategies is also creating a positive outlook for the market. Furthermore, increasing healthcare expenditures and improving infrastructure arealso facilitating the market growth.
Looking forward, the market value is expected to reach US$ 5,268 Million by 2027, exhibiting a CAGR of7.89%duringtheforecastperiod(2022-2027).
View Report TOC, Figures and Tables: https://www.imarcgroup.com/idiopathic-pulmonary-fibrosis-treatment-market
The research report includes the following segments:
Breakup by Drug Class:
• MAPK Inhibitors
• Tyrosine Inhibitors
• Autotaxin Inhibitors
Breakup by End User:
• Hospitals
• Long-term Care Facilities
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• AdAlta Pty Ltd
• Angion Biomedica Corp
• Boehringer Ingelheim International GmbH (C. H. Boehringer Sohn AG & Co. KG)
• Bristol-Myers Squibb Company
• Cipla Inc
• F. Hoffmann-La Roche AG (Roche Holding AG)
• Fibrogen Inc
• Galapagos NV
• Liminal BioSciences Inc
• Medicinova Inc
• Merck & Co. Inc
• Novartis AG
• Vectura Group Plc
1. Howhastheglobalidiopathicpulmonaryfibrosistreatmentmarketperformedsofarandhow willitperforminthecomingyears?
2. WhathasbeentheimpactofCOVID-19ontheglobalidiopathicpulmonaryfibrosistreatment market?
3. Whatarethekeyregionalmarkets?
4. Whatisthebreakupofthemarketbasedonthedrugclass?
5. Whatisthebreakupofthemarketbasedontheenduser?
6. Whatarethevariousstagesinthevaluechainoftheindustry?
7. Whatarethekeydrivingfactorsandchallengesintheindustry?
8. Whatisthestructureoftheglobalidiopathicpulmonaryfibrosistreatmentmarketandwhoare thekeyplayers?
9. Whatisthedegreeofcompetitionintheindustry?
Clickheretovisitthecompletetableofcontentwithlistoffiguresandtables: https://www.imarcgroup.com/idiopathic-pulmonary-fibrosis-treatment-market/toc
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