Cutaneous Fribrosis Treatment Market To Outshine Its Yesteryears’ Performance
Posted by Merin John on May 12th, 2021
Globally and especially in developed countries the clinical trials for developing novel therapy for the cutaneous fibrosis are on the rise which is expected to arrive in market soon. This is one of the important factor that is expected to fuel the growth of the cutaneous fibrosis treatment market over the forecast period.
According to the latest research by the company, the global cutaneous fibrosis treatment market is projected to account for a market value of US$ 771.4 Mn by the end of 2026. The report also projects significant growth potential for the cutaneous fibrosis treatment market throughout the forecast period.
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F. Hoffman – La Roche Ltd. (Genentech, Inc.)
Boehringer Ingelheim International GmbH
Horizon Pharma USA, Inc.
Bristol-Myers Squibb Company
The prevalence of the conditions such as keloid and scleroderma is comparatively more but very little awareness is spread about the treatment options for cutaneous fibrosis associated with above diseases. To overcome this state of comparatively low awareness various manufacturers, healthcare professionals are making an extended effort.
Prevalence of the keloids is specifically very high in African countries but as the fibrosis occur in the wound healing, many people tend to ignore it as no major pain or irritation occurs. Increasing awareness in turn helping to enhance the diagnosis rate followed by treatment seeking rate in the cutaneous fibrosis treatment market.
Various pharmaceutical manufacturers are evaluating different drug molecules for the treatment of cutaneous fibrosis.
A few manufacturers are already evaluating drug molecules for the treatment of cutaneous fibrosis, and a few are seeking approvals from regulatory bodies for commencing clinical trials. miRagen Therapeutics, Inc. is currently evaluating a molecule named REMLARSEN (MRG-20) for the treatment of the cutaneous fibrosis and it is currently in phase 2 of the clinical trials.
The global cutaneous fibrosis treatment market based on drug class, route of administration, indication, distribution channel, and region.
In terms of revenue, the immunotherapy segment by drug class in the cutaneous fibrosis treatment market is expected to be the dominant segment over the forecast period.
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About the AuthorMerin John
Joined: December 11th, 2020
Articles Posted: 262
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