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Immunosuppressants - Brazil

Brazil
  • The Immunosuppressants market in Brazil is predicted to experience significant growth in the coming years.
  • By 2024, the projected revenue is expected to reach US$680.20m.
  • This indicates a promising market potential in Brazil for Immunosuppressants market.
  • Additionally, the market is anticipated to display a Compound Annual Growth Rate (CAGR 2024-2029) of 15.59%.
  • This steady growth rate will contribute to the market volume reaching US$1.40bn by 2029.
  • In comparison to other countries, United States is expected to generate the highest revenue in the Immunosuppressants market.
  • It is projected to reach US$35.47bn in 2024.
  • This demonstrates the strong market presence and demand for Immunosuppressants market United States.
  • The demand for immunosuppressants in Brazil is steadily increasing due to the rising prevalence of autoimmune diseases and organ transplant surgeries.

Definition:
The Immunosuppressants market covers drugs which suppress the immune response. These remedies are used in different therapy areas, mainly to treat auto-immune diseases, such as psoriasis. Anti-rejection drugs administered after organ transplantations are also included in this market. Monoclonal antibodies are an important type of immunosuppressant.

Additional information:
Market values represent the revenues generated by manufacture prices paid to primary vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), companies (B2B), and governments (B2G).

Company examples: Johnson & Johnson, Sanofi, Novartis

In-Scope

  • Drugs to suppress the immune response
  • Immunosuppressants to treat auto-immune diseases, such as psoriasis
  • Anti-rejection drugs

Out-Of-Scope

  • Multiple sclerosis drugs
  • Anti-rheumatic drugs
  • Immuno-oncology drugs
  • Antivirals
  • Antibiotics
  • Corticosteroids
  • HIV drugs
Immunosuppressants: market data & analysis - Cover

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Immunosuppressants: market data & analysis

Study Details

    Revenue

    Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Analyst Opinion

    The use of immunosuppressants in Brazil has been on the rise in recent years.

    Customer preferences:
    Patients in Brazil who have undergone organ transplants or suffer from autoimmune diseases are the primary consumers of immunosuppressant drugs. These patients require long-term medication to prevent rejection of the transplanted organ or to manage their autoimmune condition.

    Trends in the market:
    The immunosuppressant market in Brazil has seen steady growth in recent years, driven by an increase in the number of organ transplants and cases of autoimmune diseases. Additionally, the introduction of new drugs with improved efficacy and fewer side effects has also contributed to the growth of the market.

    Local special circumstances:
    One of the unique challenges in the Brazilian market is the high cost of healthcare. Many patients are unable to afford the expensive immunosuppressant drugs, leading to a reliance on government-funded healthcare programs. This has resulted in a slow adoption of newer, more expensive drugs in the market.

    Underlying macroeconomic factors:
    The Brazilian economy has been struggling in recent years, with high inflation and rising unemployment rates. This has had a negative impact on the healthcare industry, with many patients unable to afford necessary medications. Additionally, the Brazilian government has been implementing cost-cutting measures in an effort to reduce healthcare spending, which has further limited access to immunosuppressant drugs for many patients. Despite these challenges, the immunosuppressant market in Brazil is expected to continue growing in the coming years, driven by an aging population and increasing prevalence of chronic diseases.

    Global Comparison

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    Data encompasses B2B, B2G, and B2C spend. Figures are based on drug revenues allocated to the country where the money is spent. Monetary values are given at manufacturer price level excluding VAT.

    Modeling approach / Market size:

    Market sizes are determined by a top-down approach, based on a specific rationale for each market. As a basis for evaluating markets, we use financial information of the key players by market. Next, we use relevant key market indicators and data from country-specific associations, such as industry associations. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. The main driver is healthcare expenditure. Expiring patents and new drugs in the pipeline are also considered.

    Additional notes:

    Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. This market comprises prescription drugs and all OTC drugs covered in the Statista OTC Pharmaceuticals market. However, in the OTC Pharmaceuticals market, revenues are based on end-consumer prices.

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    Immunosuppressants: market data & analysis - BackgroundImmunosuppressants: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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