United States Idiopathic Pulmonary Fibrosis Treatment Market to Grow at 6.53% During 2024-2032, Propelled by Growing Prevalence of Lung and Fibrotic Disorders

March 13, 2023 | Healthcare

The latest report by IMARC Group, titled "United States Idiopathic Pulmonary Fibrosis Treatment Market Report by Drug Class (MAPK Inhibitors, Tyrosine Inhibitors, Autotaxin Inhibitors), End User (Hospitals, Long-term Care Facilities, and Others), and Region 2024-2032," finds that the United States idiopathic pulmonary fibrosis treatment market is expected to grow at a CAGR of 6.53% during 2024-2032. 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.

Market Summary:

  • 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.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Drug Class, End User, Region
Region Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


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United States Idiopathic Pulmonary Fibrosis Treatment Market to Grow at 6.53% During 2024-2032, Propelled by Growing Prevalence of Lung and Fibrotic Disorders
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