DERMATOMYOSITIS DRUG MARKET ANALYSIS

Dermatomyositis Drug Market, by Drug Type (Corticosteroids, Immunosuppressive Agents, and Others), by Route of Administration (Oral, Topical, and Others), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Nov 2022
Code : CMI5333
Pages :166
Formats :
Excel and PDF
Industry : Pharmaceutical

Market Challenges And Opportunities

Restraints & Challenges:

High treatment cost of dermatomyositis

Global Dermatomyositis Drug Market: Restraint

The major factors that hinder growth of the global dermatomyositis drug market include high treatment cost of dermatomyositis treatment. IVIG (intravenous immune globulin) is very effective treatment for dermatomyositis, but it’s also very expensive. Health insurance companies, in an effort to cut costs, often don’t want to pay for such costly treatments. So, Health insurance companies create roadblocks for patients, such as requiring them to first try a number of other treatments without success before they allow IVIG. This practice is called ‘step therapy’ If the drug is prescribed off-label, many companies simply refuse to pay for it.