"Designing Growth Strategies is in our DNA"

Immune Thrombocytopenia (ITP) Market Size, Share & Industry Analysis, By Type (Acute Immune Thrombocytopenia, and Chronic Immune thrombocytopenia), By Treatment (Thrombopoietin Receptor Agonist, Immunoglobulins, Corticosteroids, and Others), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Others) and Regional Forecast, 2019-2032

Last Updated: October 21, 2024 | Format: PDF | Report ID: FBI101682

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global immune thrombocytopenia (ITP) market size was valued at USD 2.99 Billion in 2018, and is projected to reach USD 3.30 Billion by 2032, exhibiting a CAGR of 0.2% during the forecast period (2018-2032).


Immune thrombocytopenia (ITP), also referred as idiopathic thrombocytopenic purpura is a rare blood disorder characterized by abnormally low level of platelet count leading to uncontrolled blood loss and wound. Immune thrombocytopenia is labeled as an orphan disease as there are approximately 200,000 individuals suffering from the disease indication. There is an increasing trend in the diagnosis of ITP owing to the rising awareness and frequency of healthcare check-up in the developed and developing countries. Since this ITP is only diagnoses during a regular blood checkup, there is a pressing need for increasing awareness of the disease condition.


In the existing market landscape, there are various factors offering a lucrative environment for the adoption of immune thrombocytopenia treatment. There is massive acceptance of TPO-RA as a second line of treatment for the disorder. Factors such as new product launches, pipeline candidates in clinical trial, and rising incidence of immune thrombocytopenia are likely to boost the growth of the idiopathic thrombocytopenic purpura market by 2026. 


Request a Free sample to learn more about this report.


Patients diagnosed with chronic immune thrombocytopenia are actively seeking second line and third line of treatments in the developing countries of the Asia Pacific and Latin America. The increasing presence of leading market players is one of the key reasons for this trend. Additionally, launch of biosimilar of branded drugs in the developing regions is estimated to generate significant market share for TPO-RA segment. Moreover, the segment is anticipated to be driven by the increase in penetration of the treatment type.


MARKET DRIVERS


“Rising Prevalence of ITP Worldwide and Increasing Awareness of the Disorder in the Developed Countries Are Anticipated to Drive the Global ITP Market During the Forecast Period.”


Rising prevalence of immune thrombocytopenia purpura across different regions of the globe is anticipated to fuel the demand for treatment of the disorder. Increasing incidences of acute as well as prolonged chronic immune thrombocytopenia are projected to drive the acceptance of therapeutics treatment globally during the forecast period. Increasing awareness about healthcare and rare diseases among patient population and healthcare professionals in emerging countries is anticipated to positively boost the immune thrombocytopenia market growth during the analysis period. Non-government organizations like Platelet Disorder Support Association and Immune Thrombocytopenia Support Associations are robustly participating in informing the population concerning rare blood disorders like ITP. These initiatives by non-government organizations are projected to augment the therapeutic demand of immune thrombocytopenia drugs market.


“Increasing Monetary Support from Government Organizations and Private Firms Are Anticipated to Boost the Adoption of Immune Thrombocytopenia Treatment.”


The tertiary and secondary lines of treatment are costly and enforce considerable financial burden to the affected patient suffering from immune thrombocytopenia and associated family members. The government organizations and private firms are proactively collaborating to surge patient access and regulate the drug prices for the management of idiopathic thrombocytopenic purpura. This rising financial support from government and private companies are likely to fuel the immune thrombocytopenia market growth. In European countries like Germany and France, healthcare reimbursement policies are patient-focused. Around 80% of European countries offer unpaid public health care systems. Combined with this, support organizations like ITP Support Association enable patient alleviate the monetary burden via donations and financial support.


SEGMENTATION


By Type Analysis


“The Acute Immune Thrombocytopenia Segment Would Ensure to Generate the Highest Growth Rate During the Forecast Period.”


Based on type, the immune thrombocytopenia market can be segmented into acute immune thrombocytopenia and chronic immune thrombocytopenia.


The chronic immune thrombocytopenia is estimated to hold a dominant share of the immune thrombocytopenia market. Lack of options in the second line of treatment is estimated to increase the adoption of thrombopoietin receptor agonists and is further expected to drive the growth of this segment. However, chronic immune thrombocytopenia is likely to lose its market share due to high cost associated with the treatment and possible launch of biosimilar for the treatment of the disease indication.


 Acute immune thrombocytopenia is estimated to grow at a faster CAGR owing to the increasing diagnosis rate of the disorder in children and decrease in the trend of wait and watch method for the management of the disease type. Moreover, increasing volume consumption of corticosteroids in acute as well as chronic ITP is estimated to augment the market segment growth.


By Treatment Analysis


“Thrombopoietin Receptor Agonists Segment is Anticipated to Dominate the Global ITP Market During the Forecast Period.”


Based on treatment, the immune thrombocytopenia market can be segmented into thrombopoietin receptor agonists, immunoglobulins, corticosteroids, and others that include monoclonal antibodies like rituximab and recently launched SYK inhibitor. In terms of treatment, the immunoglobulins segment is anticipated to grow at a faster CAGR. This is primarily due to the increasing demand for intravenous immunoglobulins in the treatment and management of immune thrombocytopenia. Moreover, patent expiry of key TPO-RA branded drugs by the end of 2022 is estimated to reduce the cost of treatment of second-line therapy hence leading to the decline of market value of the drug class. Corticosteroids, among the treatment segment are expected to hold a significant share of the market in the developing countries of Asia Pacific and Latin America owing to higher adoption and cost-effectiveness of the drug class.


To know how our report can help streamline your business, Speak to Analyst


Due to the increasing patient population suffering from immune thrombocytopenia, there is higher demand for different types of treatment. Additionally, technological advancement in diagnostic procedures is increasing the detection rate of this rare blood disorder. Combined with this, increasing adoption of monoclonal antibodies like Rituximab and other immunosuppressant for the management of ITP is anticipated to augment the others segment of the ITP market. Others segment, which also includes the recently launched SYK inhibitor is estimated to further boost the segment growth during the forecast period.


By Distribution Channel Analysis


“Hospital Pharmacy Would Hold the Highest Share Among Distribution Channels.”


Based on distribution channel, the immune thrombocytopenia treatment market can be segmented into hospital pharmacy, retail pharmacy, and others that include online pharmacy and mail order pharmacy. The hospital pharmacy segment is projected to have a dominant share because of higher adoption of intravenous treatment of ITP like immunoglobulins and TPO-RA. Moreover, higher incidences of bleeding disorders in individuals suffering from immune thrombocytopenia leads to increase in the adoption of rescue therapy in hospitals. This factor is also facilities hospital pharmacy to lead the ITP market.


Retail pharmacy is expected to register a considerable CAGR in the global ITP market owing to increasing number of trend towards oral therapeutic solutions and procurement of the same through retail channels. However, others (online pharmacies and mail-order pharmacy) segment is anticipated to have lesser market share owing to comparatively lower adoption in countries of Middle East and Africa and Latin America. 


REGIONAL ANALYSIS


North America generated a revenue of USD 1.58 Billion in 2018 and is anticipated to emerge dominant in the global market during the forecast period. Factors such as higher access to treatment of ITP, larger presence of key market players, advanced healthcare infrastructure, rising awareness of rare blood disorders are expected to positively influence immune thrombocytopenia market in North America. Moreover, increasing infrastructure facilities and higher investments in the development of novel therapeutic molecules for management of ITP in North America are also prominently anticipated to boost the adoption of immune thrombocytopenia treatment in the region during the forecast period.


North America Immune Thrombocytopenia Market Size, 2018

To get more information on the regional analysis of this market, Request a Free sample


The Asia Pacific is expected to witness the highest growth in terms of market value. Rising awareness about idiopathic thrombocytopenic purpura in Asia Pacific region is expected to propel the demand for thrombopoietin receptor agonist based treatment during the forecast period. Patients in India, China, Japan, and the rest of Asia Pacific are expected to adopt intravenous drugs like TPO-RA and immunoglobulins to improve the disorder. Promacta/Revolade manufactured by Novartis AG is expected to lose its patent in Japan by the end of 2021. This patent expiry is a critical determinant of the declining trend to be experienced by the TPO-RA drug class in the country. Additionally, the prospective launch of TAVALISSE in the Japanese market by 2022 could prove to be a driving factor for others treatment segment.


On the flip side, Europe is projected to witness considerable growth in the market due to increasing financial and monetary support from non-government and government organizations towards ITP patients. The market trend of TPO- RA in Germany is similar to that observed in the U.S., where predominantly the market value is expected to start declining from 2021 owing to the patent expiry of major branded molecules like Revolade. Rapidly evolving healthcare infrastructure in countries like UAE, South Africa, Brazil, Saudi Arabia, and other countries of Latin America and Middle East and Africa are projected to offer massive potential for increased adoption of the immune thrombocytopenia treatment during the forecast period.


INDUSTRY KEY PLAYERS


“Key Market Players Like Amgen Inc., Novartis AG, and CSL Limited will Ensure to Reinforce the Market Position concerning Providing Immune Thrombocytopenia treatment worldwide.”


The immune thrombocytopenia treatment market is an extremely consolidated market since the top 3 players hold a considerable share of the market. As of 2018, Novartis AG is leading the player in the global ITP market. Amgen Inc. is strengthening its strategic position in the global immune thrombocytopenia market by extending the indication of the company’s Nplate which is recently indicated for prescription if children suffering from chronic ITP. This company, together with Novartis AG currently holds more than half of the market share in terms of revenue. Other players operating in the global idiopathic thrombocytopenic purpura market are Grifols S.A, Rigel Pharmaceuticals, Inc., and Others.   


LIST OF KEY COMPANIES PROFILED:



  • Amgen Inc.

  • Novartis AG

  • Rigel Pharmaceuticals, Inc.

  • Dova Pharmaceuticals

  • Grifols S.A

  • CSL Limited

  • Octapharma AG

  • Intas Pharmaceuticals Ltd.

  • Saol Therapeutics


REPORT COVERAGE


The research report offers an in-depth analysis of the immune thrombocytopenia market. It further provides details on the adoption of immune thrombocytopenia treatment drugs across several regions. Information on trends, drivers, opportunities, threats, and restraints of the market can further help stakeholders to gain valuable insights into the market. The report offers a detailed competitive landscape by presenting information on key players, along with their strategies, in the market.


An Infographic Representation of Immune Thrombocytopenia (ITP) Market

To get information on various segments, share your queries with us



Along with this, the report provides an elaborative analysis of the global market dynamics and competitive landscape. Various key insights provided in the report are key industry developments- partnerships, mergers and acquisitions, the prevalence of immune thrombocytopenia for key countries, pipeline analysis, patent analysis, and introduction of new products / approvals (by major players).


Report Scope & Segmentation:











































 ATTRIBUTE



 DETAILS



Study Period



  2015-2026



Base Year



  2018



Forecast Period



  2019-2026



Historical Period



  2015-2017



Unit



  Value (USD Billion)



Segmentation



By Type



  • Acute Immune Thrombocytopenia

  • Chronic Immune Thrombocytopenia



By Treatment



  • Thrombopoietin Receptor Agonist

  • Immunoglobulins

  • Corticosteroids

  • Others



By Distribution Channel



  • Hospital Pharmacy

  • Retail Pharmacy

  • Others



By Region/Country



  • North America (U.S. and Canada)

  • Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, Australia, and Rest of Asia Pacific)

  • Latin America

  • Middle East and Africa



 


INDUSTRY DEVELOPMENT:



  • March 2018: Dova Pharmaceuticals, along with its wholly-owned subsidiary AkaRx, Inc. entered into a distribution and development rights agreement with Shanghai Fosun Pharmaceutical (Group) Co., Ltd. For DOPTELET in China and Hong Kong.

  • April 2018: U.S Food and Drug Administration (FDA) approved the therapeutic use of TAVALISSE developed by Rigel Pharmaceuticals, Inc. as the second line of treatment for ITP.

  • March 2015: Novartis AG entered into a business acquisition agreement to acquire oncology products and pipeline compounds under development by GlaxoSmithKline plc. This transaction included a recently launched product named Promacta indicated to treat immune thrombocytopenia.

  • February 2019: Paras Biopharmaceuticals Finland Oy announced the successful development of biologically active Romiplostim





Frequently Asked Questions

Fortune Business Insights says that the Immune thrombocytopenia market was valued at USD 2.99 Billion in 2018 and is projected to reach USD 3.33 Billion by 2026.

In 2018, the market was valued at USD 2.99 Billion.

Rising at a CAGR of 0.54%, the market will exhibit steady growth in the forecast period (2019-2026)

Thrombopoietin receptor agonist based on treatment is expected to be the leading segment in this market during the forecast period.

The increasing prevalence of chronic immune thrombocytopenia will drive the growth of the immune thrombocytopenia market.

Amgen Inc., Novartis AG, Grifols S.A are the top players in the market.

North America is expected to hold the highest market share in the market.

Increased awareness of Immune thrombocytopenia, increasing adoption of immunoglobulins for the treatment, and government support would drive the adoption of Immune thrombocytopenia treatment.

Increasing mergers and acquisitions, focus on development of novel second line therapy for the management of ITP by key companies, increasing adoption of intravenous therapies in developing countries of Asia Pacific as some of the trends of Immune Thrombocytopenia Market.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts
Speak to an Expert
  • REPORT UPDATE
    IN PROCESS
  • 2019-2032
    (In Process)
  • 2023
    (In Process)
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X