Pirfenidone Market
The market for Pirfenidone was estimated at $956 million in 2024; it is anticipated to increase to $1.42 billion by 2030, with projections indicating growth to around $1.97 billion by 2035.
Global Pirfenidone Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Pirfenidone industry revenue is expected to be around $1020.9 million in 2025 and expected to showcase growth with 6.8% CAGR between 2025 and 2034. The rising need for Pirfenidone is mainly driven by a rise in the occurrence of pulmonary fibrosis (IP) and an increasing awareness among patients about new and advanced treatment options available in the market today. The drug’s ability to slow down the advancement of IP has positioned it as a leading player in the pharmaceutical industry, at present. The consistent growth of the market indicates the continued importance and significant impact that Pirfenidone holds in the healthcare field. Factors such as changes in population demographics and advancements in treating IPFs and better access, to healthcare all contribute to the continued importance of the market.
Pirfenidone serves as a medication by effectively controlling and suppressing the generation of growth factors and cytokines that trigger fibrosis development in the body. This unique capability has positioned Pirfenidone as a component in treating various fibrotic conditions like idiopathic pulmonary fibrosis. Moreover recent developments in healthcare practices like personalized treatment approaches and improvements in techniques have notably increased the need for Pirfenidone, in medical practices.
Market Key Insights
- The Pirfenidone market is projected to grow from $955.9 million in 2024 to $1.85 billion in 2034. This represents a CAGR of 6.8%, reflecting rising demand across Idiopathic Pulmonary Fibrosis Treatment, Anti-fibrotic Therapy and Nephropathy Treatment.
- Roche Holding AG, Shionogi & Co. Ltd., Cipla Ltd. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Pirfenidone market and are expected to observe the growth CAGR of 4.4% to 6.5% between 2024 and 2030.
- Emerging markets including Brazil, South Korea and Mexico are expected to observe highest growth with CAGR ranging between 7.8% to 9.4%.
- Transition like Pirfenidone and Evolving Medical Prescription Patterns has greater influence in United States and China market's value chain; and is expected to add $49 million of additional value to Pirfenidone industry revenue by 2030.
- The Pirfenidone market is set to add $890 million between 2024 and 2034, with manufacturer targeting Kidney Diseases & Nervous System Disorders Application projected to gain a larger market share.
- With The increasing prevalence of idiopathic pulmonary fibrosis , and Technological advancements in drug delivery systems, Pirfenidone market to expand 93% between 2024 and 2034.