Multiple Sclerosis Treatment Market 2018 Large Players | Bayer (Germany), Biogen Idec (U.S.), Pfizer Inc. (U.S.), Sanofi (France), Merck (US)

The Global Multiple Sclerosis Treatment Market is expected to grow at a CAGR of 3.5% during forecasted period 2017-2023.

Multiple sclerosis is a chronic, inflammatory, autoimmune disease that affects the central nervous system, specifically the communication between the brain and other parts of the body. The disease is characterized by damage to the insulating covers of nerve cells in the brain and spinal cord. There is no cure to multiple sclerosis. Its treatment focusses on speeding recovery from damages slowing the progression of diseases and management of symptoms of the disease.

Global multiple sclerosis treatment market is expecting a steady growth in the near future. Increasing prevalence of muscle weakness related problems and increasing elderly population has driven the growth of the market. However, the growth of the market is restrained by high of cost of treatment of multiple sclerosis.

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The most preferred drug classes used for the treatment of multiple sclerosis include immunosuppressant (Zinbryta Lemtrada, Ocrelizumab, and Aubagio,) and Immunomodulators (Ampyra, Avonex, Gilneya, Betaseron, Tysabri, Rebif, Tecifidera, and Copaxone) have emerged as and its associated symptoms. Researchers expect this scenario to remain so over the next few years. According to a research, the drugs for multiple sclerosis in US are nearly five times higher than drugs price in European countries for multiple sclerosis.

Competitive Analysis:

Teva pharmaceutical Industries Ltd. (Isreal), Bayer (Germany), Biogen Idec (U.S.), Pfizer Inc. (U.S.), Sanofi (France), Merck (US), Novartis (Switzerland), AbbVie (U.S.) are are some of the prominent players at the forefront of competition in the global multiple sclerosis treatment market and are profiled in MRFR Analysis.

Industry updates:

August, 2016 Teva pharmaceutical Industries Ltd announced the completion of its acquisitionof Allergan’s generics business “Actavis Generics”. Achieving synergies from the Actavis Generics acquisition and driving efficiency and effectiveness throughout our organization so as to extract the greatest benefit from the Actavis Generics acquisition is the key focus of the company. This acquisition aimed at strengthening the company`s position in the global and U.S. generics markets. The acquisition strategy has been coupled with cost reduction to improve the profitability of business.

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May, 2014 Bayer AG acquired Merck & Co., Inc.’s non-prescription business to become the OTC leader in North America and Latin America & achieve top global positions in key OTC product categories.

BRIEF TOC

Brief TOC

1 Report Prologue

2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3 Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

4 Market Dynamics

…TOC Continued

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