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 : December, 2019 | 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 reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

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

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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