The connective tissue disease market will grow at a Compound Annual Growth Rate (CAGR) of 11.5% during 2017-2023. A connective tissue disease is any type of disease that affects the body structure of connecting tissues. These tissues are made of protein, and hence, when they are inflamed, they cause harm to the related body parts. The symptoms of connected tissue disease are muscle pain, overall sickening feeling, numbness in fingers etc. Connective tissue disorders comprise of several organs/organs systems, for example, heart, kidneys, eyes, lungs, blood vessels, muscles, skin, joints, and gastrointestinal tract. The other symptoms of connected tissue are swollen finger/hands, muscle and joint pains.
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• Abbott Laboratories
• Bayer AG
• F. Hoffmann-La Roche Ltd
• AutoImmune Inc.
• Johnson & Johnson
• Amgen Inc.
• Eli Lilly and Company
There can be more than 200 disorders that may harm connective tissues. From various studies, it’s been seen that mixed connective tissue disorders occur more in Asian countries (predominantly in China and Japan) as well as African Countries. Among European countries, Italy, Poland, Norway and Hungary are top ones where these disorders are found. Due to changes in certain gene patterns (called heritable disorders of genes), connective tissue disease occurs. Some examples of common heritable disorders are Ehlers-Danlos syndrome (EDS), Epidermolysis bullosa etc.
The global market will register a growth due to the increasing number of connective tissue disorders, increase in R&D expenditure and rising needs of treatment which hasn’t met the needs in the current market. Despite growth, various factors for examples – poor infrastructure in low- and middle-income earning countries may hinder the growth. North America will have the highest market share (34%) globally followed by Europe, Asia and Middle East & Africa.
The online market for Connective Tissue Disease is segmented based on its diagnosis, treatment and end-users. Based on diagnosis, the market segment is split into x-ray examination and antinuclear antibody test; and based on treatment, the market segment is split into Non-Steroidal Anti-Inflammatory, Cortisone/Steroids, Antimalarial, and Cytotoxic Drugs. By application, the market is split into Hospital, Diagnostic clinics and Others. Basis diagnosis, x-ray will drive the market, whereas, for application, the hospital segment will drive the market. For mixed Connective Tissue Disease, there is no cure permanently available at this time but a few types of medicines, for example, cortisone/steroids, non-steroidal anti-inflammatory, and other drugs are being used.
The Connective Tissue Disease market is divided into North America (United States, Canada, Mexico), Europe (Germany, France, UK, Italy, Russia), Asia Pacific (China, Japan, Korea, Southeast Asia, India), South America (Brazil, Argentina, Colombia), the Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). North America dominates the market due to increased awareness among people and increasing healthcare expenditure. In the United States, 86% of people, out of the total annual healthcare expenditure are suffering from chronic health conditions. Europe will be the second key region driven by support from government on R&D activities and revised reimbursement policies followed by Asia Pacific and the Middle East and Africa.
Asia Pacific will have the highest growth among all regions due to the highest number of patient pool, rising healthcare expenditure, rising cost of IT in healthcare to improve overall experience to patients. The Middle East and Africa will have the slowest growth due to poor medical facilities and lack of technical knowledge required for the connective tissue disease market.
Table of Contents- Major Key points
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
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