Chronic inflammatory demyelinating polyneuropathy is a neurological disorder that involves progressive weakness and reduces senses in the arms and legs. It is caused by damage to the fat-based protective covering on nerves called the myelin sheath. Symptoms of CIDP are tingling or no feeling in fingers and toes, weakness or arms and legs, loss of deep tendon reflexes, fatigue or feeling tired, and unusual feelings in the body. CIDP can happen at any age and in both genders but is more common in young adult men. CIDP is closely related to Guillain-Barre’s Syndrome and is considered the long-term part of that disease. Treatment for CIDP includes the use of steroid medicine and other treatments that focus on the immune system, along with physical therapy. The goal of treatment is to reverse the attack on the nerves. In some cases, nerves can heal their function can be restored. In other cases, nerves are badly damaged and cannot heal, so treatment is aimed at preventing the disease from getting worse. Treatments include corticosteroids to help reduce inflammation and relieve symptoms and other medicines that suppress the immune system.
Clinical research uses human volunteers to help researchers learn more about a disorder and perhaps find better ways to safely detect, treat, or prevent disease. All types of volunteers are needed those who are healthy or may have an illness or disease of all different ages, sexes, races, and ethnicities to ensure that study result apply to ensure that study results apply to as many people as possible, and effectively for everyone who will use them.
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Global Chronic Inflammatory Demyelinating Polyneuropathy (CIPD) Treatment Market – Competitive Landscape
On June 16, 2020, Novo Venture gave a nod to NodThera’s inflammation innovation. Companies often collaborate, form partnerships, or acquire others to strengthen their position in the markets. Additionally, new entrants and advancements in research could impact the competitive dynamics of the CIPD market.
Some of the Key Players in the Global Chronic Inflammatory Demyelinating Polyneuropathy Treatment Market Include –
- Tejjin Pharma
- OctaPharma
- Shire
- LFB
- MedDay Pharmaceuticals
- Momenta Pharmaceuticals
- Grifols
- CSL Behring
- Biogen
- Pfizer
- Mylan N.V.
Global Chronic Inflammatory Demyelinating Polyneuropathy (CIPD) Treatment Market – Growth Driver
Growing awareness about rare diseases, including CIDP, among both healthcare professionals and the general public is leading to improved diagnosis rates and increased demand for CIDP treatments. Ongoing research efforts are contributing to a better understanding of the underlying mechanism of CIDP. This has led to the development of innovative treatments and therapeutic approaches, driving the chronic inflammatory demyelinating market growth. The reported incidence and prevalence of CIDP have been increasing, potentially due to improved diagnostics capabilities and increased recognition of the disorder. This higher prevalence contributes to a larger patient pool seeking treatment. According to the National Organization for Rare Diseases, the prevalence rate of CIDP is estimated to be around 5-7 cases per 100,000 individuals. CIDP treatments may qualify for orphan drug treatments may qualify for orphan drug designation, providing regulatory incentives and support for drug development. This encourages pharmaceutical companies to invest in research and development for CIDP therapies. The expansion of the drug development pipeline with promising candidates for CIDP treatments indicates a growing interest and investment in addressing the unmet medical needs of CIDP patients. Strong advocacy efforts by patient organizations contribute to increased awareness, research funding, and policy support, driving advancements in CIDP treatment options.
Global Chronic Inflammatory Demyelinating Polyneuropathy (CIPD) Treatment Market – Restraints
CIDP is a rare disorder, and lack of awareness among both healthcare professionals and the general public can lead to underdiagnosis or delayed diagnosis, impacting the demand for CIDP treatments. The cost of CIDP treatments, often involving immunomodulatory therapies, can be high. This poses a financial challenge for both patients and healthcare systems potentially limiting accessibility to treatment. Regulatory approval processes for new treatments can be lengthy and complex, limiting the speed at which innovative therapies reach the market and patients in need. CIDP can manifest in various forms and severity levels, making it challenging to develop standardized treatments. Tailoring therapies to individual patient profiles adds complexity to treatment strategies. CIDP competes for attention and resources with more prevalent neurological disorders, potentially affecting funding for research, awareness campaigns, and the development of new treatments. Some CIDP treatments may have side effects or pose tolerability challenges for patients, impacting treatment adherence and overall effectiveness.
Global Chronic Inflammatory Demyelinating Polyneuropathy (CIPD) Treatment Market – Opportunities
There is an opportunity for pharmaceutical companies to invest in innovative research and development for new CIDP treatments, addressing unmet medical needs and improving patient outcomes. As awareness about rare disease increase globally, there’s an opportunity for pharmaceutical companies to expand their market presence in regions with growing healthcare infrastructures and rising awareness of CIDP. There’s a significant opportunity for initiatives focused on educating healthcare professionals and patients about CIDP, leading to early diagnosis and effective management. Collaboration between pharmaceutical companies, research institutions, and healthcare organizations can foster advancements in CIDP treatment development, ensuring a comprehensive and collaborative approach.
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Global Chronic Inflammatory Demyelinating Polyneuropathy (CIPD) Treatment Market – Geographical Insight
The market for global chronic inflammatory demyelinating polyneuropathy is segmented into regions such as North America, Latin America, Europe, Asia-Pacific, the Middle East & Africa. North America is the largest market for global chronic inflammatory demyelinating polyneuropathy due to advanced healthcare infrastructure and higher awareness contributing to the prominence of CIPD treatments. Europe has growth in the market due to increasing global awareness and advanced healthcare infrastructure in, an emerging market.
Global Chronic Inflammatory Demyelinating Polyneuropathy (CIPD) Treatment Market – Key Development
- On July 17, 2023, positive Topline Data was reported from argenx’s adhere study of VYVGART® Hytrulo with Halozyme’s ENHANZE® drug delivery technology in patients with chronic inflammatory demyelinating polyneuropathy.
- On April 18, 2023, CSL Behring received FDA approval for Hizentra® (Immune Globulin) subcutaneous 50mL prefilled syringe.