Global Rheumatoid Arthritis Pharmacotherapeutics Market (2019-2027)

Posted by abhishek jadhav on February 1st, 2021

The Global Rheumatoid Arthritis Pharmacotherapeutics Market is expected to reach $xx Mn in 2027 from $xx Mn in 2019, at a CAGR of xx% during the forecast period.

Rheumatoid Arthritis is a chronic autoimmune disease marked by systemic inflammation, which affects not only joints but a wide range of extra-articular organs. If not treated early may lead to progressive joint deformity & increased morbidity and mortality. Some classic examples of joint deformities associated with RA are Boutonniere deformity visible in the 5th digit of the right hand, Swan neck deformity in the 5th digit of the left hand and Hallux Valgus can be seen in the foot.

Nearly 5% of women and 3% of men over the age of 65 years are affected by this. Combination therapies are being used to treat rheumatoid arthritis.

Market overview:

Increasing investments in the field of R&D of drugs is contributing to the growth of the market. Along with this, the rising geriatric population also drives the market upwards. Cigarette smoking is a strong risk factor that leads to substantial growth in Rheumatoid Arthritis market. The presence of high-cost drugs and favorable reimbursement policies are the most prominent driving factors for the growth of the market. The anti –TNF factors are used as first-line treatment for RA, but owing to the launch of new biologics in the global market is likely to hamper the demand for TNF inhibitors.

Regional insights:

Global Rheumatoid Arthritis Pharmacotherapeutics Market

North America dominates the global market owing to the remarkable healthcare infrastructure in the country. According to the regional analysis done, affordable health care across North America is expected to boost the market. Increasing awareness and healthcare expenditure are likely to improve the demand for rheumatoid arthritis Pharmacotherapeutics market during the forecast period. Following North America, Asia Pacific is expected to hold the second-largest share in the global market due to the growing number of unmet medical needs and increasing geriatric population.

Market segmentation:
By Drug-Class:

• Non-steroidal anti-inflammatories (NSAIDs)
• Disease Modifying Anti-Rheumatic Drugs (DMARDs)
 Methotrexate (MTX)
 Hydroxychloroquine (HCQ)
 Sulfasalazine (SSZ)
• Corticosteroids
• Analgesics
• Anti- Tumor Necrosis Factor (anti-TNF)
By Route of Administration:

• Oral
• Subcutaneous
• Intravenous

Segment Analysis:

Global Rheumatoid Arthritis Pharmacotherapeutics Market1

Currently, anti-TNF is the most prominently growing segment, which is used as a first-line biologic treatment worldwide. Various anti-TNFs like Remicade, Humira, and Enbrel are prescribed for the first line of treatment.
Key players operating in the Global Rheumatoid Arthritis Pharmacotherapeutics Market:

• Amgen
• Johnson & Johnson
• Abbott
• Abbvie Inc.
• Pfizer Inc.
• Celgene corporation
• Bristol-Myers Squibb Company
• Hoffman-La Roche Ltd.
• UCB S.A.
• Eli Lilly and Company
• Gilead Sciences Inc.
• Takeda Biosciences
• Merck
• Taisho Pharmaceuticals
• Viela Bio

This Report Is Submitted By : Maximize Market Research Company

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abhishek jadhav

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abhishek jadhav
Joined: February 1st, 2021
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