Prominent Factors Supporting the Robust Growth of the Global Autoimmune Disorder Drug Delivery Device Market
Immune system disorders affect the abnormally low activity or over
activity of the immune system. When the immune system is overactive, the
body attacks & damages its tissues causing autoimmune diseases.
This immune deficiency disease reduces the ability of the body to fight
invaders that cause vulnerability to infections.
In response to
an unfamiliar trigger, the immune system produces antibodies that attack
the body tissues instead of fighting infections. Hence, the treatment
for autoimmune diseases usually concentrates on decreasing the activity
of the immune system.
A drug delivery system is a device that
allows the entrance of a therapeutic substance into the body &
improves its efficiency & protection by controlling the time and
place of release of drugs into the body.
The Global Autoimmune Disorder Drug Delivery Devices Market
is propelling exponentially throughout the globe and is likely to grow
at a robust CAGR in the forecast period of 2021-26, primarily due to the
massive investments by leading companies for research & development
of autoimmune disorder drug delivery devices. Besides, the clinical
trial landscape of different autoimmune disorders is another critical
aspect likely to support the market growth in the forecast years.
The
leading players in the Global Autoimmune Disorder Drug Delivery Devices
Market are Amgen Inc., AbbVie Inc., Bayer AG, Biogen Inc., Eli Lilly
and Company, Bristol-Myers Squibb Company, Hoffmann-La Roche AG,
GlaxoSmithKline plc, Johnson & Johnson Services, Inc., The Merck
Group, Novartis International AG, Sanofi SA, Teva Pharmaceutical
Industries Ltd., UCB Pharma SA.
Undoubtedly, the Global
Autoimmune Disorder Drug Delivery Devices Market is growing
substantially, where based on the Indication, the market segments into
Psoriasis, Rheumatoid Arthritis, Multiple Sclerosis, Inflammatory Bowel
Diseases, Systemic Lupus Erythematosus, Diabetes Mellitus, Others
(Guillain Barre Syndrome, Grave’s Disease, etc.). Of them all, Diabetes
Mellitus is more likely to attain the largest share in the forecast
years due to the growing prevalence of diabetes, propelling an
increasing number of diagnosed diabetes cases. Hence, the rising number
of such patients is likely to contribute toward the exponential adoption
of drug delivery devices in the Diabetes Mellitus segment.
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