North America Market Statistics
The systemic lupus erythematosus treatment market in North America is anticipated to hold the largest with a share of 43% by the end of 2037. The market is growing due to the improved healthcare infrastructure and coverage for specialty medications. The region benefits from a well-developed healthcare system facilitating access to a variety of treatment options, including innovative therapies and clinical trials.
In the U.S., the availability of novel and efficient medicines is facilitated by the presence of major pharmaceutical corporations and significant investments in biopharmaceutical research are expanding the systemic lupus erythematosus treatment market. According to the Center for Strategic & International Studies, from 2015 to 2020, U.S. companies filed about 38% of all biotechnology patents worldwide, strengthening the country's lead in this field. Pharmaceutical companies are heavily investing in R&D to discover new therapies, supported by a strong network of clinical trials and a favorable regulatory environment.
In Canada, favorable government regulations, rising healthcare costs, growing cases of SLE, and rising public awareness of autoimmune illnesses are accelerating the systemic lupus erythematosus treatment market expansion. For instance, an estimated 15,000 people in Canada, or 1 in 2,000, have been reported with SLE. Organizations such as Lupus Canada play a vital role in advocating for patient rights, raising awareness, and providing education, which enhances treatment adherence and support.
Europe Market Analysis
Europe's systemic lupus erythematosus treatment market is anticipated to grow significantly during the forecast period. The market is growing due to the increasing incidence of SLE. According to a 2020 survey report published by the National Library of Health (NLM), it was reported that in Europe, SLE incidence ranges from 0.3 to 5.1 cases per 100,000 people annually. This yields an estimated 200 000–250 000 prevalent cases of SLE across Europe. Also, countries such as Sweden, Iceland, and Spain have the greatest sales of medications for SLE.
The UK government's favorable regulatory policies and growing measures to foster biotechnology and pharmaceutical advancements are driving the SLE treatment market. In December 2023, the government announced that it would invest USD 2.2 billion in engineering biology for the next ten years and lower the cost of engineering biological innovation at the early and scale-up stages.
The systemic lupus erythematosus treatment market in Germany is expected to increase significantly due to the country's strong healthcare system and a pharmaceutical industry that highly prioritizes R&D, encouraging innovation and the uptake of novel treatments.
Author Credits: Radhika Pawar
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