Market Challenges And Opportunities

Global Iloprost Drugs Market – Dynamics

Increasing prevalence of pulmonary arterial hypertension is expected to propel the market growth over the forecast period. For instance, according to the National Organization for Rare Disorder (NORD), 2018, nearly 500 to 1000 new cases of pulmonary arterial hypertension are diagnosed each year in the U.S.

Moreover, various merges, agreements and acquisitions of major companies are likely to propel the market growth. For instance, in January 2017, Acetlion announced that Johnson & Johnson will be acquiring the firm including its marketed products in pulmonary arterial hypertension franchise.

Furthermore, increasing number of players are focusing on developing this drug, in order to, which is also contributing to the market growth over the forecast period. For instance, in 2018, according to the National Institute of Health, approximately15 clinical trials involving Iloprost were active globally. For instance, in November 2015, the National Cancer Institute initiated a phase I clinical trial for evaluating iloprost in preventing recurrence of lung cancer for patients who smoke and the study is expected to complete in 2020.

However, the drug has some side effects such as kidney failure, dyspnea, chest pain, short breath, and swelling of limbs. The above stated side effects are expected to restrain the market growth over the forecast period.