DatamonitorFriday 21 May 2010, 4:08PM
Media release Datamonitor
from The large new patient pool in emerging markets indicates
huge potential for the life sciences industry in autoimmune
diseases but a new report from Datamonitor* suggests that it may be
too soon to generate substantial market value outside the major
markets.
Autoimmune diseases offer a growth opportunity for pharmaceutical
companies, with patients requiring long-term treatment, often with
novel, expensive biologics. In a time when breaking even in other
areas feels like a success, growing sales and burgeoning pipelines
in autoimmune diseases across the major markets show why the
industry is turning its focus to autoimmune treatments.
James Wentworth, senior healthcare analyst at Datamonitor,
comments: "Whilst the autoimmune market grew by 16.2% in the seven
major markets between 2005 and 2009, in the combined emerging
markets of Brazil, Russia, India, China and Turkey, (BRICT) growth
was a staggering 38.6%.
"The launch and uptake of high-cost therapies, such as biologics,
has driven this growth across some of the emerging markets. Despite
the growth, autoimmune sales in BRICT regions only generated $644m
in 2009 compared to $25 billion in the same year across the seven
major markets, highlighting that affordability and differences in
patient access to medicines have been a major limiting
factor."
An estimated patient population of up to 51 million in BRICT* far
exceeds that in the major markets and could offset low market sales
value.
Datamonitor predicts that the most attractive emerging autoimmune
disorder market is Russia thanks to favourable characteristics
around access to expensive medicines, biosimilar threat, pricing,
patient potential, market size and potential for foreign drugs.
Russia outstripped its emerging market peers in 2009, generating
autoimmune sales of $266m.
James concludes: "India and China are the least attractive
autoimmune markets at present though the situation is likely to
improve in future as certain indicators, such as India's growing
urban middle class population and China's aim to provide healthcare
to 90% of the population, suggest a move towards expanded patient
access to the more expensive novel pharmaceutical products."