US Gravesí disease Market Size, Share & Forecast 2025
Posted by Rishabh on March 9th, 2020
US Graves’ disease market is growing at a CAGR of around 4.0% during the forecast period. The US Grave’s disease market is showing significant growth due to funding for autoimmune disease researches, and the increasing prevalence of hyperthyroidism in the region. In addition, significant rise in the prevalence of autoimmune disease is also expected to propel the growth of the US Graves’ disease market. According to the American Autoimmune Related Diseases Association, Inc. (AARDA), the number of Americans suffer from autoimmune disease is 50 million. This is approximately 20% of the total population or 1 in 5 people suffer from autoimmune disease. 75% of people that are affected with autoimmune disease, about 30 million are women.
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Furthermore, as per AARDA, NIH invests 1 million on autoimmune disease research. NIH supports companies in the development of therapies for the treatment of Grave’s. For instance, in December 2017, EpiVax, Inc., a US-based biotech firm declared the latest program for novel antigen-specific therapies. The funding was provided by NIH for development of the therapy. This approach may have applications in various autoimmune diseases.
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Moreover, hyperthyroidism is the most common disease in the US. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), estimated 1.2% of people in the US have hyperthyroidism. The people that have other health problems, such as type 1 diabetes, primary adrenal insufficiency and pernicious anemia are likely to develop hyperthyroidism. The most common cause of hyperthyroidism is Grave’s disease.
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US Graves’ Disease by Diagnosis
US Graves’ Disease by Treatment
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About the AuthorRishabh
Joined: June 18th, 2019
Articles Posted: 354
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