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Global Interferons Market 2019-2023

  • Published: Feb 2019
  • Pages: 126
  • SKU: IRTNTR30806
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The interferon market size will grow by USD 660.34 million during 2019-2023. The report offers an analysis of the market based on type (interferon beta, interferon alfa, and other interferons). The interferon market research report further presents in-depth insights into the growth prospects of the market across geographic regions such as Asia, Europe, North America, and ROW. The report analyzes the market’s competitive landscape and offers information on several companies including Bayer AG, Biogen, F. Hoffmann-La Roche Ltd., Merck KGaA, and Merck Sharp & Dohme Corp.

Below are some of the key findings from the interferon market analysis:

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Global Interferon Industry Overview

The advent of novel drug delivery and combination therapies is one of the critical reasons that will drive the interferon market's growth. The administration of these through the intravenous RoA increases the risks of extravasation and causes side-effects such as swelling, redness, and irritation at the injection site. As a result, the inclination toward the development of novel drug delivery systems for interferons is increasing. This will not only deliver them to the target site but also improve the treatment efficiency by maximizing the benefit of small doses.

The development of interferon biosimilars is a key trend that is gaining traction. These biosimilars have identical active pharmaceutical ingredients to the original biologic compound but are cheaper, which helps to increase their accessibility. This will drive the interferon market to grow at a CAGR of almost 2% during the forecast period. Biosimilars cost 20%-25% less than the biologics due to the need for few or no clinical trials, and the absence of associated marketing costs. As a result, the adoption of interferon biosimilars as an alternative to the expensive biologics is increasing.

Top companies covered in the interferon market research report

The interferon market is mildly concentrated. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, the interferon industry analysis report will help clients identify new growth opportunities and design innovative strategies to improve their share in the market.

The report offers a complete analysis of various companies including:

  • Bayer AG
  • Biogen
  • F. Hoffmann-La Roche Ltd.
  • Merck KGaA
  • Merck Sharp & Dohme Corp.

Interferon market segmentation based on geographic regions

  • Asia
  • Europe
  • North America
  • ROW

North America will hold the highest market share throughout the forecast period. The growing incidence of chronic diseases such as hepatitis and multiple sclerosis, high prevalence of the various type of cancers, presence of large pharmaceutical players, and early adoption of products due to high per capita income are some of the factors contributing to the growth of the interferon market in the region.

Interferons market segmentation based on type

  • Interferon beta
  • Interferon alfa
  • Other interferons

The interferon beta segment is a subclass of type I interferons, used for the treatment of multiple sclerosis. It will account for the highest share of the interferon market due to its use in treating the relapsing, remitting, and secondary forms of multiple sclerosis.

Key highlights of the global interferon market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the interferon market during the next five years
  • Precise estimation of the global interferon market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industry across various geographies such as Asia, Europe, North America, and ROW
  • A thorough analysis of the market's competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of the companies

 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Interferon beta - Market size and forecast 2018-2023
  • Interferon alfa - Market size and forecast 2018-2023
  • Other interferons - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bayer AG
  • Biogen
  • F. Hoffmann-La Roche Ltd.
  • Merck KGaA
  • Merck Sharp & Dohme Corp.

PART 13: APPENDIX

  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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