The Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) Treatment Market: Size, Growth And Market Analysis



Chronic Inflammatory Demyelinating Polyneuropathy:

Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) is a rare neurological condition that causes paralysis over time. The inflammation of nerve roots and peripheral nerves and the deterioration of the fatty protective covering (myelin sheath) over the nerves cause this condition. It causes nerve fibers to be destroyed by slowing the transmission of nerve signals. Corticosteroids alone or combined with an immunosuppressant, plasma exchange, and intravenous immunoglobulin treatment can be used to treat it.


Market Analysis:

The market was estimated to have reached a value of USD 2723.42 Million in 2017. The global Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) Treatment Market is expected to develop at a CAGR of 6.2 percent, according to MRFR. This forecast indicates that the market will continue to rise, with a market value of USD 3907.17 Million by the conclusion of the assessment period in 2023.


The CIDP treatment market is divided into two categories: therapy type and geography. The global CIDP therapy market is divided into three types of treatments: corticosteroids, intravenous immunoglobulin, and plasmapheresis (plasma exchange). In addition to the major treatment approaches, physicians may use treatments such as chemotherapy and physiotherapy to strengthen the muscles. When first treatments fail or have negative side effects on the patient's health, subsequent treatments are usually selected.


The Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) treatment market is expected to change in the coming years due to increased global awareness of the disease and increased healthcare spending, which will expand the market's size and allow drug manufacturers to penetrate deeper into the market.


The global Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) Treatment Market is highly fragmented, and major players have used various strategies to expand their footprints in this market, including new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others.


Regional Analysis:

The Americas market has the biggest representation in the global chronic inflammatory demyelinating polyneuropathy market. Due to a large pool of patients suffering from CIDP, the Americas have a leadership position in the industry, accounting for 52 percent of the worldwide market share. Furthermore, the market's strong presence of numerous prominent competitors is likely to disclose development potential.


Key Players:

Kedrion S.p.A., Octapharma, CSL Behring, Pfizer, Inc., Shire, Mitsubishi Tanabe Pharma Corporation, Momenta Pharmaceuticals, Baxter, Bio Products Laboratory Ltd., Grifols, and Teijin Pharma Limited are some of the leading competitors in the worldwide Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) Treatment Market.


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