The Europe immunosuppressant drugs market is projected to register a CAGR of 4.06% during the forecast period. There has been a considerable increase in R&D activities for drug development, along with the launch of new drugs, resulting in immense market expansion opportunities for market growth. The key players are incorporating key development strategies for introducing new immunosuppressants. The increasing demand for immunosuppressant drugs in the pharmaceutical sector fuels market growth, along with rising investment by the European Union for R&D in the healthcare sector.
The Europe immunosuppressant drugs market growth analysis entails market evaluation of Italy, France, Germany, Poland, Russia, Belgium, the United Kingdom, and the rest of Europe. In Germany, organ donations are considerably low. There are more than 9000 people on the organ waiting list. An opt-out donor scheme has been proposed where the citizen would be automatically registered in the donor list. At the same time, they have the choice of opting out at any time. The doctors are obligated to consult with the family prior to removing the organs of a deceased person. France, too, has a rule where every citizen becomes an organ donor until they decide to opt-out. Autoimmune diseases are the most common disease in the country, which leads to increased demands for immunosuppressant drugs for the treatment of the disease. Such factors are estimated to impact market growth.
Some of the leading companies establishing their presence in the market are Cipla Ltd, F Hoffmann-La Roche Ag, GlaxoSmithKline Plc, Intas Pharmaceuticals Ltd (Accord Healthcare Ltd), Janssen Pharmaceuticals NV (Johnson & Johnson), etc.
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