The latest report by IMARC Group, titled "United States Idiopathic Pulmonary Fibrosis Treatment Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," finds that the United States idiopathic pulmonary fibrosis treatment market is expected to grow at a CAGR of 7.25% during 2023-2028. Idiopathic pulmonary fibrosis (IPF) is a lung disease that causes a buildup of tissues in the lungs. It shows symptoms such as breathing difficulties, fatigue, loss of appetite, persistent dry cough, and swollen limbs that hinder the oxygen-carrying functionality of the lungs. This condition is diagnosed through various chest imaging evaluations, including antibody tests, pulmonary function tests, and lung biopsies. In addition, it can be treated with anti-fibrotic drugs and supportive treatment options, such as palliative care oxygen therapy. As a result, there has been an escalating demand for IPF treatment options across the United States.
United States Idiopathic Pulmonary Fibrosis Treatment Market Trends:
The market is primarily driven by the growing prevalence of lung and fibrotic diseases across the country. In addition, the rising geriatric population that is more susceptible to such diseases represents another major growth-inducing factor. Besides this, the shifting living standards, hectic work schedules, unhealthy habits such as smoking, and increasing environmental pollutants are causing lung diseases, which are escalating the demand for IPF treatment. Moreover, the market is also propelled by the increasing health consciousness among the masses and growing awareness regarding the presence of effective IPF treatment. Additionally, various technological advancements in diagnostic methods are positively influencing market growth. Furthermore, increasing research and development (R&D) activities conducted by key players for introducing novel medicines are also creating a positive market outlook across the United States.
- Based on the drug class, the market has been categorized into MAPK, tyrosine, and autotaxin inhibitors.
- On the basis of end user, the market has been classified into hospitals, long-term care facilities, and others.
- On the geographical front, the market has been divided into Northeast, Midwest, South, and West.
- The competitive landscape of the market has been examined in the report, along with the detailed profiles of the key players operating in the industry.
|Base Year of the Analysis
||Drug Class, End User, Region
||Northeast, Midwest, South, West
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