Pruritus Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

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Pruritus Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

Status : May, 2020 | Pharmaceutical | PPT format

Report Digest


Global Pruritus Drugs Market: Overview

Transdermal drug delivery system is the most preferred way to inject pruritus drugs. Most of the pruritus drugs that are available in the market are in the semi-solid topical dosage state. It includes forms such as creams, gels, and lotions. These products are quite easy to apply, give no or less pain, and are quicker in terms of delivering desired effect as compared to other drug delivery methods. In addition to this, such type of drug delivery method helps in increasing the bioavailability of active components. It also helps in preventing the destruction of first-pass hepatic metabolism. However, the delivery of these lipophilic and small drugs is hard due to the method of injection. This has thus motivated manufacturers to develop new approaches such as nanoparticles for the effective delivery of small drugs.

Global Pruritus Drugs Market: Notable Developments

Some of the key developments in the global pruritus drugs market are given below:

  • In July 2019, Sanofi announced the results from the third phase of Zynquista™. These trials are for the people suffering from the type 2 diabetes and was conducted at the InSynchrony clinical program. The company announced that the phase 3 will continue without any imminent changes. The company has expressed it desire to collaborate with Lexicon to make sure the smooth transition of the research study.
  • In July 2019, Pfizer Inc. announced that the company has been successful in getting approval from the United States Food and Drug Administration about its new drug called RUXIENCE™. This drug is biosimilar to Rituxan®. This drug will be used to treat the patients suffering from the disorders such as Granulomatosis with Polyangiitis (GPA)chronic lymphocytic leukemia (CLL), and non-Hodgkin’s Lymphone (NHL) among others. The company believes that the drug has a real growth potential in delivering solid value to improve the affordability and accessibility of important treatments for cancer.
  • In July 2019, Astellas Pharma Inc. announced that the company has entered into a strategic partnership with Frequency Therapeutics Inc. Under this agreement, Astellas will develop and commercialize FX-322 outside of regions of the US. 

Global Pruritus Drugs Market: Drivers and Restraints

Some of the key driving factors for the growth of the global pruritus drugs market are listed below:

  • Increasing investments: The growth of the pruritus drugs market is mainly influenced by the increasing investments put in by the big brands for the activities of research and development.
  • Biodegradable Nanoparticles: Another important reason for the growth of the global market is the biodegradable nature of the polymeric nanoparticles used in the development of these drugs. This property increases the half-life of the pruritus drugs and offer more efficient drug entrapment.
  • High Demand for immunotherapy drugs: There has been a considerable rise in the demand for immunotherapy drugs such as PD-1, VEGF inhibitors, and EGFR inhibitors among others. These drugs have one key side effect – pruritus that is caused due to reaction to toxins released by these immunotherapy drugs. This has thus helped in boosting the growth of the global pruritus drugs market.

Global Pruritus Drugs Market: Geographical Outlook

The global pruritus drugs market can be segmented into key geographical regions such as Asia Pacific, North America, Europe, and Rest of the World. Of these, the global market is expected to be led by North America over the course of the given forecast period of 2018 to 2028.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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