Systemic Sclerosis Treatment Market Charts Course for a US$ 2.2 Billion Valuation by 2033-FMI Study

Systemic Sclerosis Treatment Market
Systemic Sclerosis Treatment Market

The global systemic sclerosis treatments market size is expected to bring in US$ 928.1 million in revenue in 2022 and is projected to expand at a 7.9% CAGR to reach US$ 2.2 billion in valuation by the end of 2033. According to a recent analysis by Future Market Insights, medication therapy is expected to account for over 95.4% of the global market in 2022.

As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Systemic Sclerosis Treatment market is projected to witness robust growth during the forecast year 2023 to 2033. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Systemic Sclerosis Treatment market.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Systemic Sclerosis Treatment Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Systemic Sclerosis Treatment market.

Key Systemic Sclerosis Treatment Market Takeaways and Projections

  • The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2033.
  • Germany Systemic Sclerosis Treatment market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2023 to 2033.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Systemic Sclerosis Treatment Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Systemic Sclerosis Treatment market. It also studies the impact of these dynamics on the market for the previous assessment period 2018 to 2022 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
  • Systemic Sclerosis Treatment Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Systemic Sclerosis Treatment market. As per the survey, Systemic Sclerosis Treatment sales will project steady growth over the forecast period.
  • Systemic Sclerosis Treatment Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Systemic Sclerosis Treatment market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Systemic Sclerosis Treatment Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Systemic Sclerosis Treatment market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Systemic Sclerosis Treatment market.

Some of the prominent market players are profiled by FMI are:

  • Sanofi
  • Actelion Pharmaceuticals, Inc. Pfizer, Inc.
  • Gilead Sciences, Inc.
  • Cytori Therapeutics, Inc.
  • Eli Lilly
  • Bayer AG
  • Boehringer Ingelheim
  • Asta Pharma

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Key Segments:

By Therapeutics:

  • By Drug Therapy
    • Corticosteroids
    • Immunosuppressants
    • Nonsteroidal Anti-Inflammatory Drugs
    • Blood Pressure Medication
    • Proton Pump Inhibitors
    • TNF Inhibitors
    • Light Therapy
    • Nitroglycerin Ointment
    • Others
  • Hematopoietic Stem Cell Transplantation (HSCT)

By Indication:

  • Limited Cutaneous Systemic Sclerosis Lamotrigine
  • Diffuse Cutaneous Systemic Sclerosis

By Target Organ:

  • Skin Fibrosis
  • Musculoskeletal
  • Digital Ulcers
  • Pulmonary Arterial Hypertension
  • Gastrointestinal
  • Pulmonary Fibrosis
  • Scleroderma Renal Crisis

By Route of Administration:

  • Injectable
  • Oral
  • Topical

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Specialty Clinics

By Region:

    • North America
    • Latin America
    • Europe
    • South Asia
    • East Asia
    • Oceania
    • Middle East & Africa

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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