Dublin, Oct. 11, 2023 (GLOBE NEWSWIRE) -- The "Chronic Inflammatory Demyelinating Polyneuropathy Market by Diagnosis, by Treatment by End-User, and by Region - Global Forecast to 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The global chronic inflammatory demyelinating polyneuropathy (CIDP) market size was $1,852.4 million in 2022 and is expected to reach at $4,083.2 million by 2033 with a CAGR of 7.45% during the forecast period 2023 to 2033.
The growing prevalence of CIDP, increasing research and development activity, advancements in medical technology, and expanding healthcare infrastructure is projected to drive market growth in the near future. Furthermore, rising approval and product launches are some other factors supporting the market growth. However, lack of awareness is expected to hamper the market growth.
Medical technology advancements have resulted in the development of more effective and targeted treatments for CIDP. This is expected to increase the adoption of these treatments, propelling the CIDP market forward. For instance, the European Commission approved Uplizna (inebilizumab) in December 2021 for the treatment of adult patients with CIDP who are positive for paranodal antibodies. Uplizna is a monoclonal antibody that targets B cells and has been shown in clinical trials to reduce CIDP disease activity and disability.
The increasing research and development activities in the field of CIDP are expected to lead to the development of new and more effective treatments for the disease, driving the growth of the CIDP market. For instance, Grifols announced the launch of CUVITRU (immune globulin subcutaneous [human], 20% solution) in the United States in August 2021 for the treatment of CIDP. CUVITRU is a subcutaneous immunoglobulin therapy that has been shown in clinical trials to be effective in the treatment of CIDP.
Companies Mentioned
- Grifols
- CSL Behring
- Shire
- Octapharma
- Kedrion Biopharma
- Pfizer
- Baxter International
Segmentation: Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) Market 2022 - 2033
By Diagnosis (Revenue, USD Million), 2022 - 2033
- Electromyography (EMG)
- Nerve Conduction Study (NCS)
- Lumbar Puncture
- Magnetic Resonance Imaging (MRI)
- Others
By Treatment (Revenue, USD Million), 2022 - 2033
- Intravenous Immunoglobulin (IVIG)
- Corticosteroids
- Plasmapheresis
- Physiotherapy
- Immunosuppressants
By End User (Revenue, USD Million), 2022 - 2033
- Hospitals
- Homecare
- Specialty Clinics
- Research Institutes
By Region (Revenue, USD Million), 2022 - 2033
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2022 - 2033 |
| Estimated Market Value (USD) in 2022 | $1852.4 Million |
| Forecasted Market Value (USD) by 2033 | $4083.2 Million |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/di29e8
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