Overview
The Global Immunology Drugs Market growing at a CAGR of 6.35% during the forecast period 2024-2031.
Immunology is the branch of science focused on the immune system and its cell-mediated and humoral aspects of immunity and immune responses.
Immunology drugs are medications designed to either enhance or suppress the immune system, thereby altering the body's immunological response. These drugs combat infections and are used in both the prevention and treatment of various diseases. Medications used to suppress the immune system, such as those preventing graft rejection, are categorized as immunologic agents.
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Market Growth Trends
Increasing Demand for Monoclonal Antibodies and Biosimilars
Several factors are driving the growth of the global immunology drugs market. Monoclonal antibodies are employed in treating various cancers and immunological conditions. These antibodies represent a form of targeted drug therapy that identifies and binds to specific proteins on cancer cells. Different monoclonal antibodies work through various mechanisms to either destroy cancer cells or inhibit their growth.
Biosimilars, on the other hand, are set to address eight conditions, including rheumatoid arthritis, inflammatory bowel disease, and plaque psoriasis.
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Market is segmented
By Drug Type
By Therapy Area
By Distribution Channel
By Region
Market Key Players
- Eli Lilly
- Novartis
- AbbVie
- Sun Pharmaceuticals
- Johnson &Johnson
- ViiV Healthcare
- Bristol-Myers Squibb
- Gilead
- Pfizer Inc
- GlaxoSmithKline plc
Related Reports
Cancer Monoclonal Antibodies Market
Monoclonal Antibody Therapeutics Market
Immunosuppressants Drugs Market
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