Sep 12, 2018   SOURCE: PR NewsWire

SLE Market Size Worth $3.08 Billion by 2025 | CAGR 7.0%: Grand View Research, Inc.

SAN FRANCISCO, September 12, 2018 /PRNewswire/ --

The global systemic lupus erythematosus market [https://www.grandviewresearch.com/industry-analysis/systemic-lupus-erythematosus-sle-market?utm_source=pressrelease&utm_medium=referral&utm_campaign=PRN_Sep12_Systemic_Lupus_Erythematosus_RD1&utm_content=Content ]  size is expected to reach USD 3.08 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.0% during the forecast period. Introduction of new biological therapies, which will add to treatment alternatives and medication costs, in the development pipeline is estimated to fuel revenue generation of the market. Certain new promising drugs that are currently in Phase III trials are anticipated to augment the market as these drugs may target the lupus nephritis patient subset with few effective alternatives and significant unmet needs to be met. This factor is likely to have a strong impact on the market as nearly 50.0% of SLE patients suffer with lupus nephritis.

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Use of approved biologic, Benlysta, through clinical studies, has revealed drastic improvements and substantial decrease in consumption of anti-inflammatory glucocorticoids in moderate SLE cases. GSK's current initiatives center on further increasing opportunities for Benlysta. The company is conducting indication expansion clinical trials, combination therapy studies with rituximab, and new product development, to widen opportunities for its therapy. In this direction, recent launch of Benlysta's subcutaneous formulation in several countries is expected to boost the SLE market over the forecast period.

Browse full research report with TOC on "Systemic Lupus Erythematosus Market Size, Share & Trends Analysis Report by Drug Class (Immunosuppressants, Biologics, Antimalarials, NSAIDs, Corticosteroids), By Route of Administration, and Segment Forecasts 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/systemic-lupus-erythematosus-sle-marke t [https://www.grandviewresearch.com/industry-analysis/systemic-lupus-erythematosus-sle-market?utm_source=pressrelease&utm_medium=referral&utm_campaign=PRN_Sep12_Systemic_Lupus_Erythematosus_RD2&utm_content=Content ]

Further Key Findings From the Report Suggest:  

        
        - North America was the major contributor for the SLE market revenue in 2017 and is
          anticipated to rise at a CAGR of 8.1% during the forecast period. This is due to
          availability of reimbursement and better healthcare infrastructure and accessibility
          to biologics.
        - Europe was ranked as the second largest regional market in the SLE market in 2017 and
          is expected to register a CAGR of 5.5% over the forecast period
        - Immunosuppressants held the largest share in the market in 2017 due to their low cost
          and high accessibility, whereas the biologics segment is projected to post the highest
          CAGR during the same period
        - In 2017, the oral segment held the dominant share of over 54.0% in the market,
          followed by the intravenous segment that requires trained medical personnel for
          administration. Over the forecast years, the latter is poised to expand at a CAGR of
          10.4%
        - Key players in this space include GlaxoSmithKline, Roche, Pfizer, Novartis, Bayer, and
          Sanofi. By 2025, other companies such as ImmuPharma, Aurinia Pharmaceuticals, and
          Astra Zeneca are anticipated to enter the SLE market.

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Grand View Research has segmented the global systemic lupus erythematosus market by drug class, route of administration, and region:  

        
        - Systemic Lupus Erythematosus Drug Classes Outlook (Revenue, USD Million, 2014 -
          2025) 
             - NSAIDs
             - Corticosteroids
             - Antimalarials
             - Immunosuppressants
             - Biologics
        - Systemic Lupus Erythematosus Route of Administration Outlook (Revenue, USD Million,
          2014 - 2025) 
             - Oral
             - Intravenous
             - Subcutaneous
        - Systemic Lupus Erythematosus Regional Outlook (Revenue, USD Million, 2014 - 2025) 
             - North America
                - U.S.
                - Canada
             - Europe
                - U.K.
                - Germany
                - France
                - Italy
                - Spain
                - Greece
                - Sweden
                - Norway
                - Poland
                - RoE
             - Asia Pacific
                - Japan
                - China
                - Hong Kong
                - Taiwan
                - South Korea
                - New Zealand
                - Australia
                - India
                - Malaysia
                - Singapore
             - Latin America
                - Brazil
                - Mexico
                - Argentina
             - MEA
                - Turkey
                - Saudi Arabia
                - Kuwait
                - Israel
                - South Africa

Explore the BI enabled intuitive market research database, Grand View Compass [https://www.grandviewresearch.com/compass?utm_source=pressrelease&utm_medium=referral&utm_campaign=PRN_Sep12_Systemic_Lupus_Erythematosus_BI&utm_content=Content ] , by Grand View Research, Inc.

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. 

        

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        Email: sales@grandviewresearch.com

 

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SOURCE Grand View Research, Inc.