According to the report titled ‘GLOBAL Immunosuppressant Drugs Market 2019-2028’ available with Market Study Report, global immunosuppressant drugs market is anticipated to rise at a CAGR of 4% during 2019-2028
 

Rising instances of autoimmune disorders, and subsequently increasing demand of organ transplantation are primarily driving the growth of global immunosuppressant drugs market. Notably, a glitch or break down in immune system leads to attack on healthy cells, organs, and tissues. Immunosuppressants are then used to temporarily incapacitate the immune system.
 

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On the downside, side effects associated with consumption of immunosuppressants and lack of awareness about organ donation are the restraints to market growth.
 

Based on drug class, global immunosuppressant drugs industry is categorized as monoclonal antibodies, corticosteroids, mTOR inhibitors, calcineurin inhibitors, and others. As per distribution channel, the market is segmented into retail pharmacies, hospital pharmacies, and online pharmacies. Speaking of end user scope, the marketplace is divided into organ transplantation, autoimmune disorders, and others.
 

Moving on to regional ambit, global immunosuppressant drugs market trends are studied in-depth across North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. Of these, Latin America with its increasing population, rise in healthcare spending, and thriving pharmaceutical sector is slated to generate lucrative opportunities during the study period. Brazil, Mexico, Argentina, Columbia, and Venezuela are contributing a sizeable share to the market.
 

The competitive landscape of worldwide immunosuppressant drugs industry is determined by Bristol Myers Squibb, Mylan N.V., Astellas Pharma Inc., Pfizer Inc, GlaxoSmithKline plc, F. Hoffmann-La Roche AG, Cipla Limited, Dr. Reddy's Laboratories, AbbVie Inc., Allergan Inc., Veloxis Pharmaceuticals A/S, Intas Pharmaceuticals Limited, Sanofi S.A., Novartis International AG, and Janssen Pharmaceuticals Inc.
 

These industry players are constantly involved in research & development, while undertaking strategic alliances and acquisitions to expand their product portfolio and to increasing their market stake.