Sirolimus Market-Industry Analysis and Forecast (2023–2029)

Sirolimus Market is expected to grow at a CAGR of 5.2% during the forecast period. Global Sirolimus Market is expected to reach US$ 337.54 Mn. by 2029.
Sirolimus Market Overview : 
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Sirolimus is a macrolide compound that is used to coat coronary stents to prevent organ transplant rejection and treat an exceptional lung disease called Lymphangioleiomyomatosis (LAM). Sirolimus is often used with other medications to prevent rejection of a kidney transplant. Sirolimus is also called as rapamycin and has immunosuppressant functions in humans and is particularly useful in avoiding the rejection of kidney transplants.

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The global sirolimus market dynamics are thoroughly studied and explained in the MMR report, which helps the reader to understand emerging market trends, drivers, restraints, opportunities, and challenges at the global and regional level for the sirolimus market. The market for sirolimus has attracted the interest of the medical community for its inhibitory role in the antigen-induced proliferation of B cells, T cells, and antibody production. Rising bodies of animal studies in current decades have confirmed this, and researchers continue to make strides in shedding light on the immunosuppressive therapeutic potential of sirolimus. The macrolide product has over the years has attracted the interest of researchers for its promising probable in treating LAM, rare, progressive cystic lung disease.

According to the United States Department of Health and Human Services and Health Resources and Services Administration, over 113,000 people needed transplants as of 2019 and 36,528 transplants were performed in 2018. However, an increase in preference for generic drugs is restraining the global market for sirolimus from reaching its full potential. But the factor that is offsetting this impact is the growth in the incidence of target diseases, a level of chronic disease in the U.S. gives an insightful picture considering it is one of the most advanced economies in terms of medical treatment.

The report covers the segments in the sirolimus market such as material, end-user, and distribution channel. By application, the organ transplant rejection segment is expected to account for the largest xx% market share by 2029. Growing cases of organ transplant rejection and other complications post surgeries have created ample opportunities for the companies of the sirolimus market globally. These opportunities allow companies to bypass the challenges of high cost and exhaustive R&D.

North America accounted for the largest market share in 2022, with a market value of US$ xx.12 million; the regional market is expected to register a CAGR of xx.89 % during 2022-2029. The growth in the USA will be the result of an upsurge in targeted diseases, an increase in the prevalence of lifestyle-oriented disorders, and the rise in healthcare expenditure. Also improving healthcare infrastructure is supporting the region to grow in the sirolimus market over 2022-2029.

Europe is the second largest sirolimus market following North America because of increased cancer & organ transplant surgeries. APAC is expected to account for the largest market share in the future for the sirolimus market thanks to increased government awareness programs and many generic drugs.

The report also focuses on global major leading industry players of the sirolimus market providing information such as company profiles, product picture and specification, capacity, production, cost, and revenue. Such as, in 2022, the total revenue of Pfizer, Inc. was US$ 12.7 billion. The Company announced in 2015 that the U.S. Food and Drug Administration (FDA) has approved Sirolimus (Rapamune) for the treatment of LAM, a rare, progressive disease that affects the kidneys, lungs, and the lymphatic system. This is the first approved treatment that aids stabilize lung function in patients with LAM.

The objective of the report is to present a comprehensive analysis of the Global Sirolimus Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Sirolimus Market dynamics, structure by analyzing the market segments and projects the Global Sirolimus Market size. Clear representation of competitive analysis of key players by application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Sirolimus Market make the report investor’s guide.
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Sirolimus Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 236.71 Mn.


Forecast Period 2023 to 2029 CAGR:
5.2%
Market Size in 2029:
US $ 337.54 Mn.


 Segments Covered:
by Strength
• 0.5mg
• 1mg
• 2mg
• 1mg/mL


by Drug Class
• MTOR Inhibitors
• Selective Immunosuppressants
• by Dosage
• Injection
• Tablet
• Others


by Route of Administration
• Oral
• Intravenous
• Others


by Application
• Organ Transplant Rejection
• Lymphangioleiomyomatosis (LAM)
• Sirolimus Coated Balloons & Catheter Devices


by Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies



Sirolimus Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Sirolimus Market Key Players :
• Pfizer, Inc
• Biocon
• Dr. Reddy’s Laboratories Ltd.
• Accord Healthcare
• Concept Medical, Inc.
• Apotex Pharmachem INC.
• Stentys SA
• Torrent Pharmaceuticals Ltd.
• Zydus Cadila
• Intas Pharmaceuticals Ltd.
• Amneal Pharmaceuticals LLC.
• Gland Pharma Limited
• Aadi Bioscience, Inc.
• Alkermes plc
• Aurisco Pharmaceutical Co., Ltd.
• Cadila Healthcare Ltd
• Chongqing Daxin Pharmaceutical Co., Ltd.
• Chunghwa Chemical Synthesis & Biotech Co. Ltd.
• Concord Biotech Limited
• Cordis Corporation

Frequently Asked Questions:

1. Which region has the largest share in Global Sirolimus Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Sirolimus Market?
Ans: The Global Sirolimus Market is growing at a CAGR of 5.2% during forecasting period 2023-2029.

3. What is scope of the Global Sirolimus Market report?
Ans: Global Sirolimus Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Sirolimus Market?
Ans: The important key players in the Global Sirolimus Market are – Pfizer, Inc., Biocon, Dr. Reddy’s Laboratories Ltd., Accord Healthcare, Concept Medical, Inc., Apotex Pharmachem INC., Stentys SA, Torrent Pharmaceuticals Ltd., Zydus Cadila, Intas Pharmaceuticals Ltd., Amneal Pharmaceuticals LLC., Gland Pharma Limited, Aadi Bioscience, Inc., Alkermes plc, Aurisco Pharmaceutical Co., Ltd., Cadila Healthcare Ltd, Chongqing Daxin Pharmaceutical Co., Ltd., Chunghwa Chemical Synthesis & Biotech Co. Ltd., Concord Biotech Limited, Cordis Corporation

5. What is the study period of this Market?
Ans: The Global Sirolimus Market is studied from 2022 to 2029.