GLOBAL MEDITERRANEAN FEVER TREATMENT MARKET is market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. Emergence of drugs used to treat risk associated with Mediterranean fever and high demand of disease specific novel therapies are the key factors that fueling the market growth.
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Few of the major competitors currently working in the global Mediterranean fever treatment market are Alkem Labs, Novartis AG, Amneal Pharmaceuticals LLC, Zydus Cadila, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd, Veru Inc, Regeneron Pharmaceuticals, Inc, Swedish Orphan Biovitrum AB and others
Objective of the Report
- To identify key players operating in the Mediterranean Fever Treatment market and comprehensively analyze their market rankings and core competencies.
- To describe major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Mediterranean Fever Treatment market and submarkets.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Key Developments in the Market:
- In September 2016, Novartis AG has received three simultaneous approvals for the expanded use of Ilaris (canakinumab), an interleukin-1β blocker for the treatment of three distinct types of Periodic Fever Syndromes including Tumor Necrosis Factor-Receptor Associated Periodic Syndrome (TRAPS), Hyperimmunoglobulin D Syndrome (HIDS)/Mevalonate Kinase Deficiency (MKD) and Familial Mediterranean Fever (FMF). This drug has also received Breakthrough Therapy designation from the FDA. The expanded approval of Ilaris represents transformative treatments to patients with a high medical need.
- Growing prevalence of Mediterranean fever in Mediterranean origin including North African, Jewish, Arab, Armenian, Turkish, Greek or Italian ancestry is driving the growth of this market.
- Huge financial support to the researchers for developing novel intervention is boosting the market growth
- High demand of disease specific novel treatment can also act as a market driver
- Increase in special designation from the regulatory authority is propelling the growth of this market
- Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
- Low healthcare budget in some developing countries is hamper the market growth
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Segmentation: Global Mediterranean Fever Treatment Market
- Familial Mediterranean Fever Type 1
- Familial Mediterranean Fever Type 2
By Route of Administration
By End Users
- Specialty Clinics
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- North America
- South America
- Middle East & Africa
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