Immunosuppressants - Switzerland

Switzerland

Highlights

The Immunosuppressants market in Switzerland is poised to witness a significant surge in revenue, with projections indicating a staggering CHF US$236.30m by the year 2024.
Moreover, an impressive compound annual growth rate (CAGR) of 15.17% is anticipated from 2024 to 2029, leading to a substantial market volume of CHF US$478.70m by the end of the latter year.
When compared to other countries worldwide, United States is expected to dominate the Immunosuppressants market, with an estimated revenue of US$35.47bn in 2024.
Switzerland's immunosuppressant market is thriving due to the country's advanced healthcare system and high demand for transplant procedures.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The demand for Immunosuppressants in Switzerland has been steadily increasing over the years.

Customer preferences: Switzerland has a high incidence of autoimmune diseases such as multiple sclerosis, lupus, and rheumatoid arthritis in its population. This has led to a high demand for Immunosuppressants, which are used to treat these diseases by suppressing the immune system. Additionally, the aging population in Switzerland has also contributed to the growth in demand for Immunosuppressants, as older people are more susceptible to autoimmune diseases.

Trends in the market: The Immunosuppressants market in Switzerland has seen a shift towards the use of biologics, which are drugs made from living cells. Biologics are more effective than traditional Immunosuppressants and have fewer side effects. This trend is expected to continue as more biologics are developed and approved for use in Switzerland. Another trend in the market is the increasing use of combination therapies, where two or more Immunosuppressants are used together to achieve better results.

Local special circumstances: Switzerland has a highly developed healthcare system that provides universal coverage to its citizens. This has led to a high level of healthcare spending in the country, which has contributed to the growth of the Immunosuppressants market. Additionally, Switzerland is home to several pharmaceutical companies that specialize in the production of Immunosuppressants, which has led to a competitive and innovative market.

Underlying macroeconomic factors: The Swiss economy has been growing steadily over the past few years, with low unemployment and a high GDP per capita. This has led to an increase in healthcare spending, which has contributed to the growth of the Immunosuppressants market. Additionally, the Swiss government has implemented policies to promote innovation in the pharmaceutical industry, which has led to the development of new Immunosuppressants and the growth of the market.

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.