IMARC Group’s latest research report, titled “India Idiopathic Pulmonary Fibrosis Treatment Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The India idiopathic pulmonary fibrosis treatment market is expected to exhibit a CAGR of 9.10% during 2022-2027. Idiopathic pulmonary fibrosis (IPF) is an irreversible fibrosing substitutional pneumonia that directly affects the functioning of the lungs. In this condition, scar tissue builds within the lungs and slowly spreads and reduces their oxygen-carrying functionalities. IPF treatment is diagnosed using lung biopsies, pulmonary functions, chest imaging, antibody tests, etc. IPF is treated by two of the most effective antifibrotic therapies, namely pirfenidone and nintedanib-based drugs that reduce the risks of acute respiratory deterioration and improve lung functioning. As a result, IPF treatment finds widespread applications in hospitals, diagnostic centers, long-term care facilities, etc., across India.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The escalating prevalence of chronic fibrotic diseases, especially among the geriatric population, is among the primary factors driving the India idiopathic pulmonary fibrosis treatment market. Besides this, the growing consumption of nicotine is leading to the rising prevalence of respiratory problems among Millennials, which is further augmenting the market growth. Apart from this, the elevating consumer awareness regarding the availability of effective strategies for preventing and managing IPF is also catalyzing the market across India. Moreover, the expanding research and development (R&D) activities aimed at the introduction of novel medications and extensive improvements in the healthcare infrastructure are acting as significant growth-inducing factors. Furthermore, the increasing advancements in pulmonary fibrosis diagnostic and therapy methods are expected to bolster the India idiopathic pulmonary fibrosis treatment market in the coming years.
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Key Market Segmentation:
Breakup by Drug Class:
- MAPK Inhibitors
- Tyrosine Inhibitors
- Autotaxin Inhibitors
Breakup by End User:
- Hospitals
- Long-term Care Facilities
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
TOC for the India Idiopathic Pulmonary Fibrosis Treatment Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- India Idiopathic Pulmonary Fibrosis Treatment Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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