According to the research report titled ‘GLOBAL Immunosuppressant Drugs Market 2019-2028’, available with Market Study Report, global immunosuppressant drugs market is projected to record a yearly growth rate of 4% CAGR during the forecast period 2019-2028.
 

Upsurge in incidences of autoimmune disorders and escalating demand for organ transplantation are the key factors driving global immunosuppressant drugs market growth.
 

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For the uninitiated, immunosuppressants are utilized when the immune system malfunctions and attacks healthy cells, tissues, and organs. There exists a huge demand for these drugs from developing nations. In addition, drug and medicine export across the world is on the rise, thereby drafting a favorable scenario for increased sales of these drugs.
 

On the contrary, side-effects associated with immunosuppressant drugs, together with lack of awareness about organ donation will negatively impact the business dynamics in the upcoming years.
 

Based on drug class, the market is fragmented into monoclonal antibodies, calcineurin inhibitors, corticosteroids, motor inhibitors, and others. Considering distribution channel, the industry is fragmented into retail pharmacies, hospital pharmacies, and online pharmacies. Moving on, the end-user segmentation comprises autoimmune disorders, organ transplantation, and others.
 

From a geographical perspective Asia Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries), North America (U.S., Canada), Latin America (Latin America, Brazil), Middle East and Africa (Turkey, United Arab Emirates, Saudi Arabia, South Africa), and Europe (Russia, France, Germany, Spain, Italy, U.K.) are the key contributors to global immunosuppressant drugs market value.
 

Among these, Latin America is touted to register a robust growth rate during the forecast timeframe. This can be ascribed to inflating population in nations like Brazil and Mexico, and increasing healthcare expenditure in the region. 
 

Prominent players influencing worldwide immunosuppressant drugs market dynamics are Veloxis Pharmaceuticals A/S, Sanofi S.A., Pfizer, Inc., Novartis International AG, Mylan N.V., Jansen Pharmaceuticals, Inc., Accord Healthcare (Intas Pharmaceutical Ltd.), GlaxoSmithKline plc, F. Hoffmann-La Roche AG, Dr. Reddy's Laboratories Ltd., Cipla Ltd., Bristol Myers Squibb Co., Astellas Pharma, Inc., Allergan, Inc., and AbbVie, Inc.