Japan Idiopathic Pulmonary Fibrosis Treatment Market 2022-2027 | Industry Size, Trends and Forecast
According to the latest report by IMARC Group, titled, “Japan Idiopathic Pulmonary Fibrosis Treatment Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027“, The Japan idiopathic pulmonary fibrosis treatment market is expected to exhibit a CAGR of 8.1% during 2022-2027.
Idiopathic pulmonary fibrosis (IPF) is a chronic, progressive fibrosing interstitial pneumonia lung disease that causes scarring of the lungs and reduces their oxygen delivering capacity. It has symptoms including breathing difficulties, persistent dry cough, fatigue, loss of appetite, and swollen limbs. It is diagnosed through chest imaging studies, blood tests, computed tomography (CT) scans, lung biopsies, pulmonary function tests, and antibody tests. Its treatment comprises medications, including nintedanib and pirfenidone. These medications can monitor the patients for any side effects and aid in slowing down the rate of fibrosis and controlling the symptoms associated with the disease. IPF also includes oxygen therapy and palliative care to provide comfort and enhance the recovery of patients. At present, several non-prescription treatment options are available across Japan that aid in preventing the growth of fibrotic diseases, reducing inflammation, improving lung functioning, and minimizing the risks of acute respiratory deterioration.
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Japan Idiopathic Pulmonary Fibrosis Treatment Market Trends and Drivers:
At present, the increasing prevalence of IPF among the masses and the growing geriatric population, which is more susceptible to these medical ailments, represents one of the major factors positively influencing the demand for IPF treatment in Japan. In addition, considerable health awareness about the availability of effective treatment alternatives is contributing to the market growth across the country. Apart from this, increasing number of smokers due to hectic lifestyles is catalyzing the need for idiopathic pulmonary fibrosis treatment. It can also be attributed to the expanding incidences of airborne diseases and the growing air pollution level. Moreover, the presence of a well-established healthcare infrastructure and improved diagnostic technologies and research and development (R&D) activities for introducing novel therapies are propelling the market growth. Besides this, the rising adoption of health insurance policies that provide financial assistance for IPF treatment and minimize healthcare expenses is driving the market. Furthermore, several initiatives undertaken by the Government of Japan to promote the usage of generic drugs are bolstering the market growth. Additionally, leading players are introducing digital therapeutics (DTx) for patients that are digitalized, randomized, controlled parallel-group trials. It aims to evaluate the impact of digital therapy on cognitive behavioral therapy through software as a medical device (SaMD) and addresses psychological symptoms like depression and anxiety. This software is integrated with various technological advancements, such as artificial intelligence (AI), the Internet of Things (IoT), and machine-to-machine technology, which is expected to create a positive outlook for the market in the country.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Japan Idiopathic Pulmonary Fibrosis Treatment Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market based on drug class and end user.
Breakup by Drug Class:
- MAPK Inhibitors
- Tyrosine Inhibitors
- Autotaxin Inhibitors
Breakup by End User:
- Hospitals
- Long-term Care Facilities
- Others
Breakup by Region:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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