Global Rheumatoid Arthritis Drugs Market Drivers & Opportunities to 2023 - Featuring AbbVie, Amgen, Bayer, Boehringer Ingelheim, Bristol-Myers Squibb, Merck, and More - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 28, 2018--The “Global Rheumatoid Arthritis Drugs Market - Segmented by Type of Molecule, Drug Class, Sales Channel, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global rheumatoid arthritis drugs market is expected to register a CAGR of 10.5% during the forecast period of 2018-2023.
Factors, such as the influx of new biopharmaceuticals, growing patient awareness of RA, and increasing prevalence of arthritis are expected to fuel the market’s growth, over the forecast period.
Owing to the rise in the adoption of sedentary lifestyle, the patient pool in Asia-Pacific is expected to witness healthy growth. Therefore, Asia-Pacific is expected to emerge as the fastest growing segment of the market studied. North America is expected to dominate.
Rise in the Prevalence of Arthritis
The major risk factors associated with the onset of rheumatoid arthritis are - genetics, environmental factors, hormones, and sedentary lifestyles. According to the estimates of the Centre for Disease Control and Prevention, during 2013-2015, an estimated 54.4 million US adults (about 22.7%) annually, were diagnosed with some form of arthritis, rheumatoid arthritis, gout, lupus, or fibromyalgia.
Other factors, such as growing geriatric population and increasing acceptance of biopharmaceuticals are expected to drive the growth of the market studied, over the forecast period.
Notable Developments in the MarketSandoz, a Novartis division, announced that the European Commission (EC) has approved Zessly (infliximab) for use in Europe. AbbVie’s Upadacitinib demonstrated positive results as monotherapy in phase 3 rheumatoid arthritis study, meeting all primary and key secondary endpoints.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key PlayersAbbVie Inc. Amgen Inc. Bayer AG Boehringer Ingelheim GmbH Bristol-Myers Squibb Company Celgene Corporation F. Hoffmann-La Roche AG Johnson & Johnson Services Inc. Merck & Co. Inc. Novartis AG
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/f34jgq/global_rheumatoid?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180928005137/en/
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Related Topics:Immune Disorders Drugs,Musculoskeletal Disorders Drugs
INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL
SOURCE: Research and Markets
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PUB: 09/28/2018 05:47 AM/DISC: 09/28/2018 05:47 AM