Global Hidradenitis Suppurativa Treatment Market Set for Rapid Growth in the Forecast Period 2020–2026|TARGET PharmaSolutions, Inc., Eisai Co., Ltd, Abbott, ALLERGAN, AstraZeneca, GlaxoSmithKline plc

Global hidradenitis suppurativa treatment market is rising gradually with a substantial CAGR in the forecast period of 2019-2026. The global hidradenitis suppurativa treatment market is supposed to grow faster during the forecast period as a large number of ongoing clinical trial and introduction of new treatment options.

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Few of the major competitors currently working in the global hidradenitis suppurativa treatment market are AbbVie Inc., Novartis AG, TARGET PharmaSolutions, Inc., Eisai Co., Ltd, Abbott, ALLERGAN, AstraZeneca, GlaxoSmithKline plc., Johnson & Johnson Services, Inc., Merck & Co., Inc., Pfizer Inc., Mylan N.V., LEO Pharma A/S, Zydus Cadila, among others.

Premium Insights of the report 

  •  This Hidradenitis Suppurativa Treatment report provides information related to production, Market growth, competitive landscape and market trends
  •  Each player profiled in the Research report is studied on the basis of the SWOT analysis, their products, value, capacity and other vital factors
  • The report provides accurate data and insights related to the global market which include CAGR, value, volume and revenue
  • The statistical information provided in the report serves as a powerful tool to get a clear and quick understanding of the Hidradenitis Suppurativa Treatment market progress in the past few and coming years. 

Key Developments in the Market:

  • In June 2019, InflaRx reported the outcomes of the international SHINE phase IIb  study conducted for safety and efficacy study of IFX-1, a first-in-class anti-human complement factor C5a monoclonal antibody used for the treatment of hidradenitis suppurativa (HS). Approximately more than 150 people are treated with this drug during the clinical study period
  • In March 2019, AbbVie Inc. and Eisai Co., Ltd received additional approval for Humira, an anti-TNF-α monoclonal antibody for treatment of hidradenitis suppurativa (HS) in Japan. The efficacy and safety studies of humira have shown positive results towards management of hidradenitis suppurativa. With the additional approval, Humira will be the first biological treatment for HS in japan after US and EU

Competitive Analysis:

Global hidradenitis suppurativa treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global hidradenitis suppurativa treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

  • Prevailing cases of various skin disorders will drive the growth of this market
  • Ongoing clinical trials along with introduction of new treatment options will boost the market growth
  • Growing investment in R&D activities along with technological advancement can also boost the market growth
  • Environmental changes due to global warming has increased the skin diseases and is contributing as one of the growth factor

Market Restraints

    • A weak pipeline of drugs restrains the growth of market as most of drugs are in phase II clinical trials indicating a less chance of approval
    • High cost of therapy along with chances of side-effects can also hamper the market growth
  • Development of drug resistance to many agents used for treatment of Hidradenitis suppurativa can impede the growth of this market also disturbs the market growth

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Segmentation: Global Hidradenitis Suppurativa Treatment Market

By Clinical Stages

  • Hurley stage 1
  • Hurley stage 2
  • Hurley stage 3

By Treatment

  • Medication
  • Surgery
  • Others

By Route of Administration

By End Users

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Others

By Distribution Channels

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy
  • Others

By Geography

  • North America
  • South America
    • Brazil
    • Rest of South America
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Thailand
    • Malaysia
    • Indonesia
    • Philippines
    • Rest of Asia Pacific
  • Middle East & Africa
    • South Africa
    • Rest of Middle East & Africa

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