MICROSCOPIC POLYANGIITIS MARKET ANALYSIS

Market Challenges And Opportunities

Microscopic Polyangiitis Market Restraints

The corticosteroids have side effects, which include skin thinning and intense pain. The monoclonal antibody production involves costly and time consuming research. Azathioprine involves side effects such as diarrhea, joint pain, loss of coordination, seizure, and vision changes. These factors are expected to restrain the global microscopic polyangiitis market growth over the forecast period.

Microscopic Polyangiitis Market Drivers

In the recent past, various regulatory bodies such as European Medicines Agency (EMA), the U.S. Food and Drug Administration (FDA), Medicines and Healthcare products Regulatory Agency (MHRA), and others have granted treatment related approvals. Such treatment approvals are expected to propel the global microscopic polyangiitis market growth over the forecast period. For instance, in October 2018, Genentech, Inc., a San Francisco-based biotechnology company, received approval from the U.S. Food and Drug Administration (FDA) to update the Rituxan label to include the follow-up treatment information of adult patients suffering from granulomatosis with polyangiitis and microscopic polyangiitis, who had shown improvement in medical condition with the glucocorticoid and cyclophosphamide induction treatment.