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12-Aug-2020

Global Myositis Treatment Market Size, Share 2020-Industry by Trend Analysis, Growth Status, Revenue Expectation to 2026|Corbus Pharmaceuticals Holdings, Inc., Milo Biotechnology, CytRx Corporation, Pfizer Inc., Novartis AG, IDERA, Inc., Genentech, Inc

The market insights and analysis about pharmaceutical industry, performed in this myositis treatment market research report are based upon SWOT analysis on which businesses can depend confidently. This market report delivers the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020-2026. The report supports to establish and optimize each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. While preparing this myositis treatment market report, customer satisfaction has been kept on the utmost priority which makes clients rely on us confidently.

Global myositis treatment market is rising gradually with a substantial CAGR of 8.1% in the forecast period of 2019-2026. High prevalence of myositis and rising awareness about the disease and its available treatment options are some factors that are expected to drive the market growth.

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Few of the major competitors currently working in the global myositis treatment market are Corbus Pharmaceuticals Holdings, Inc., Milo Biotechnology, CytRx Corporation, Pfizer Inc., Novartis AG, IDERA, Inc., Genentech, Inc.,., Merck & Co., Inc., AbbVie Inc., GlaxoSmithKline plc., Mallinckrodt, Bausch Health, Akorn, Sanofi, Promega , AstraZeneca, Amgen Inc. among others.

Geographical Insights:

North America: United States, Canada, and Mexico.

South & Central America: Argentina, Chile, and Brazil.

Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.

Europe: UK, France, Italy, Germany, Spain, and Russia.

Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

What are the major market growth drivers? 

  • Rising geriatric population and emerging cases of muscle inflammation acts as a market driver
  • Rising awareness about the disease and available treatments and therapies contributes in market growth
  • Strong pipeline of novel drugs will also boost the growth of market

Key Developments in the Market:

In July 2018, Corbus Pharmaceuticals Holdings, Inc. received the Orphan Drug designation from the U. S. FDA for lenabasum, its novel endocannabinoidmimetic drug used for treatment of patients with dermatomyositis. This grant gives special status and a seven-year marketing exclusivity to the drug for treatment of the rare diseases such as dermatomyositis

In October 2016, Milo Biotechnology received the Orphan Drug designation from the U. S. FDA for AAV1-FS344, a follistatin protein product used for treatment of patients with inclusion body myositis by increasing muscle strength and function. A special status is benefited to the company for a seven years marketing exclusivity

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Segmentation: Global Myositis Treatment Market

By Type

Inclusion-Body Myositis

Polymyositis

Dermatomyositis

Others

By Diagnosis

Muscle Biopsy

Electromyography

Myositis Specific Antibody Panel Blood Test

Genetic Testing

Others

By Therapy Type

Exercise and Physiotherapy

Steroid Medication

Intravenous Immunoglobulin Therapy

Others

By Route of Administration

Oral

Injectable

Others

 By End Users

Hospitals

Homecare

Specialty Clinics

Others

By Distribution Channels

Hospital Pharmacy

Online Pharmacy

Retail Pharmacy

Others

By Geography

North America

South America

Europe

Asia-Pacific

Middle East & Africa

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Last Updated: 12-Aug-2020