Pulmonary Fibrosis Treatment Market size was over USD 3.25 billion in 2024 and is anticipated to cross USD 7.1 billion by 2037, growing at more than 6.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of pulmonary fibrosis treatment is estimated at USD 3.42 billion.
As per the Pulmonary Fibrosis Foundation, the disease affects about 1 out of 200 adults above the age of 70 years in the United States. Moreover, around 50,000 new cases of pulmonary fibrosis are diagnosed in the country every year.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.2% |
Base Year Market Size (2024) |
USD 3.25 billion |
Forecast Year Market Size (2037) |
USD 7.1 billion |
Regional Scope |
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The market is segmented by drug and by region, out of which, the drug segment is further bifurcated into pirfenidone and nintedanib. The segment for pirfenidone is anticipated to hold the largest share in the pulmonary fibrosis treatment market on account of increased usage of the drug ever since it received approval by the Food and Drug Administration (FDA). Esbriet is a pirfenidone drug manufactured by Genentech, Inc. and approved by the U.S. FDA in 2014 in the United States. The drug is available as oral dosage in the form of either capsules or tablets. The most common adverse reactions consist of rash, nausea, headache, fatigue, dizziness, insomnia and upper respiratory tract infections. The segment for nintedanib is predicted to grow at a substantial rate as well, owing to the high demand for the drug. Ofev is a nintedanib drug which received FDA approval in 2014 in the United States. This drug, developed by Boehringer Ingelheim International GmbH, is in the form of capsules for oral use. Ofev is a kinase inhibitor indicated for the treatment of idiopathic pulmonary fibrosis (IPF).
Our in-depth analysis of the global market includes the following segments
By Drug |
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On the basis of regional analysis, the pulmonary fibrosis treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
Asia Pacific industry is predicted to dominate majority revenue share by 2037, driven by growing presence of leading companies involved in research and development activities for the manufacturing of effective drugs. Moreover, the increasing number of patients with pulmonary fibrosis in the region is a major factor estimated to resulting in the market growth over the forecast period. The Lung Foundation of Australia estimates that around 1,250 people in Australia are diagnosed with idiopathic pulmonary fibrosis every year. The market in North America is estimated to hold the leading share in the market as a result of growing research and developments in the area as well as presence of key players in the pulmonary fibrosis treatment market in this region.
Author Credits: Radhika Pawar
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