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Vogt-Koyanagi-Harada Syndrome Market Segmented By drug class that is Corticosteroids, Immunosuppressant Drugs, Adalimumab with route of administration that is Oral, Intravenous
Vogt-Koyanagi-Harada syndrome is an autoimmune disorder affecting body parts rich in melanocytes. It is a rare disorder in which melanocytes are dysfunctional there causing inflammation of eyes, hearing problems among others. The early symptoms of Vogt-Koyanagi-Harada syndrome includes fever, nausea, vomiting, vertigo, headache.
Eventually, a change of skin color and hair color is observed which is often permanent. Acute ocular symptoms of Vogt-Koyanagi-Harada syndrome include multifocal serous retinal detachment, optic disk hyperemia and choroidal swelling. Vogt-Koyanagi-Harada syndrome does not generally affect pediatric population; however, the pediatric cases are not unheard of.
Extraocular manifestation in Vogt-Koyanagi-Harada syndrome constitute symptoms like alopecia, cerebrospinal fluid pleocytosis, tinnitus, dysacousia, poliosis affecting central nervous system.
COVID-19 has been observed to affect immune compromised patients more severely. Understanding relationship between the COVID-19 and such rare diseases will help in development of niche market for Vogt-Koyanagi-Harada syndrome.
Vogt-Koyanagi-Harada syndrome is an autoimmune disorder which are seeing a growing incidence globally. This growing number of autoimmune disorders will boost the autoimmune treatment market in general and Vogt-Koyanagi-Harada syndrome market in particular.
Growing public awareness about autoimmune diseases will drive the global market for Vogt-Koyanagi-Harada syndrome. Increase in number of symbiotic association between various research institutes and academia in the worldwide for research and development of treatments for autoimmune disorders is also likely to accelerate the global market of Vogt-Koyanagi-Harada syndrome.
Government initiatives like seminars and conferences on rare autoimmune diseases are helping in growing awareness which in turn will drive the global Vogt-Koyanagi-Harada syndrome market for a positive growth. The market restraints which could impede the growth of Vogt-Koyanagi-Harada syndrome market include long phases of clinical trials, uncertainty in the results of clinical trials owing to the less data available as the population suffering from rare autoimmune diseases are scarce.
Financial incapability and challenges with regard to infrastructure can limit the treatment opportunity for Vogt-Koyanagi-Harada syndrome and thereby restrict growth in the global market of Vogt-Koyanagi-Harada syndrome.
Additionally, specially required skills for diagnostics and treatment along with income disposability of people in the developing world comprise the other reasons which could hinder the growth of the global Vogt-Koyanagi-Harada syndrome market. Unprecedented crisis like COVID-19 can halt the growth momentum and thus affect the market negatively.
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The growing incidence of autoimmune diseases globally will provide steady growth to the global Vogt-Koyanagi-Harada syndrome market. Based on drug class, corticosteroids can be estimated to the most lucrative in the global Vogt-Koyanagi-Harada syndrome market owing to being first line of treatment.
Based on route of administration, oral segment can be expected to register robust growth. Based on distribution channel, the drug stores channel can be predicted to grow steadily in the global Vogt-Koyanagi-Harada syndrome market due to patient convenience.
North America can be predicted to be the most lucrative market in the global Vogt-Koyanagi-Harada syndrome market as it is estimated that around 1 to 6 per million in the USA can be suffering from Vogt-Koyanagi-Harada syndrome.
East Asia can be expected to be an attractive market in the emerging markets are around 800 new cases are found every year in Japan. Incidences in Brazil can make Latin America also lucrative in emerging markets for the global Vogt-Koyanagi-Harada syndrome market.
The major market players active in the global Vogt-Koyanagi-Harada syndrome market are Sanofi, Johnson & Johnson, Merck, AstraZenca, Novartis, Pfizer, Cipla, GlaxoSmithKline, Sumitono, Avik Pharmaceutical Ltd among others.
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