Surge In Multiple Sclerosis Diagnoses Anticipated To Propel Growth: A Key Driver Transforming the Plegridy Market 2025

The Business Research Company's Plegridy Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034

LONDON, GREATER LONDON, UNITED KINGDOM, February 6, 2025 /EINPresswire.com/ -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

The Plegridy market size has demonstrated remarkable growth in recent years. The market is expected to rise further from $XX million in 2024 to $XX million in 2025, indicating a compound annual growth rate CAGR of XX%. These predictions provide valuable insight for enterprises seeking to make strategic decisions in their pursuit of a competitive edge.

How will the Plegridy Market Size fare in the coming years?
With a focus on personalized medicine, growth of home-based healthcare, and increasing use of digital health tools, the Plegridy market size is lined up for significant growth in the coming years. It is set to increase to $XX million in 2029 at a further compound annual growth rate CAGR of XX%. Key trends forecasted for this period include digital health integration, combination therapies, advancements in drug delivery systems, adoption of telemedicine, and the rise of artificial intelligence in managing multiple sclerosis.

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What are the main drivers of growth for the Plegridy market?
The increasing prevalence of multiple sclerosis globally is anticipated to be the major growth driver of the Plegridy market. This chronic autoimmune disorder disrupts communication between the brain and the body resulting in various neurological symptoms, with Plegridy often deployed to reduce relapse rates and slow disease progression. As per a report by the Multiple Sclerosis Trust in May 2024, over 150,000 people in the UK have been diagnosed with multiple sclerosis, a number that is increasing by 7,100 each year. Further, multiple sclerosis cases have increased by up to 15% across regions, most often diagnosed in those in their 30s and 40s. Therefore, this rising prevalence drives the growth of the Plegridy market.

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Which companies are dominating the Plegridy market?
Key players in the Plegridy market include Biogen Inc., a pioneer in biotechnology that is continually innovating and leading the way in developing therapies for neurological and neurodegenerative diseases.

How is the Plegridy market segmented?
The Plegridy market report offers a comprehensive view of the market segmented by:
1 Route Of Administration: Subcutaneous SC Injection; Intramuscular IM Injection
2 Clinical Indication: Relapsing-Remitting Multiple Sclerosis RRMS; Secondary Progressive Multiple Sclerosis SPMS With Relapses
3 Distribution Channel: Direct Sales; Online Pharmacies; Wholesale Distributors
4 End User: Hospitals; Clinical Research Laboratories

Which regions are leading the Plegridy market?
North America was the largest region in the Plegridy market in 2024. However, growth is expected in all regions covered in the Plegridy market report, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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