Global immunomodulators market is rising gradually with a substantial CAGR of 5.8% in the forecast period of 2019-2026. Raising investment in the R&D and technological advancement will also uplift the growth of this market.Few of the major competitors currently working in the global immunomodulators market are Squarex, BioRap Technologies LTD, Pfizer Inc., NPO Petrovax Pharm, ResoTher Pharma, InDex Pharmaceuticals Holding AB, Step-Pharma, Spring Bank Pharmaceuticals., Horizon Therapeutics plc, Johnson & Johnson Services, Inc., iTeos, BioNTech SE, ZERIA Pharmaceutical Co.,Ltd., Atox Bio, Takeda Pharmaceutical Company Limited, F. Hoffmann-La Roche Ltd, Amgen Inc., Novartis AG, GlaxoSmithKline plc., Merck & Co., Inc. among others.
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Study Objectives Of Immunomodulators Market
- To provide detailed analysis of the market structure along with forecast for the next 7 years
- To study the factors affecting the Immunomodulators Market Growth
- To provide country level analysis of the Immunomodulators Market by their market size & future perspective
- To provide revenue forecast of the market segments & sub-segments w.r.t to three key region of APAC,EMEA & Americas
- To study & predict the accurate future market size, share during the period 2019-2026
- To provide the challenges & restraints faced by the new entrants of Immunomodulators Market along with the threat of substitutes & threats of rivalry
- To study, track & analyze competitive developments such as joint ventures, strategic alliance, mergers, acquisitions & new product developments
Key Developments in the Market:
- In August 2019, Squarex announced positive Phase II clinical study results of SQX770, a topical immunomodulator squaric acid dibutyl ester (SADBE) for treatment of patients with recurrent herpes labialis. This drug candidate will be the first and only drug approved by the U. S. FDA for treatment of recurrent herpes labialis after promising completion of phase III trials
- In October 2017, Glenmark Pharmaceuticals received the approval to launch Apremilast from the Drug Controller General of India. Apremilast, an immuno-modulator used for the treatment of patients with active psoriatic arthritis. Apremilast is an FDA approved therapy for the disease. This approval will bring this immunomodulatory agent in India with a cheaper cost for the patients and also expanding the company’s product portfolio
- Prevailing cases of organ transplantation can drive the growth of this market in the forecast period
- Rising awareness about inflammatory bowel diseases also drives the market growth
- Growing autoimmune disease will augment the market growth
- Increasing development of drug resistance results in rise of immunomodulatory usage; this factor acts as another market driver
- Stringent regulatory policies for approval of immunomodulators antibodies restricts the market growth
- High costs associated with immunomodulator products will impede the growth of the market
- Adverse effects of immunomodulator drugs including pain, inflammation, epilepsy is another factor hampering the market growth
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Segmentation: Global Immunomodulators Market
- Calcineurin Inhibitors
- Human Immunodeficiency Virus (HIV)
By End Users
- Specialty Clinics
By Distribution Channels
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
- North America
- South America
- Middle East & Africa
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