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Rheumatoid Arthritis Drugs Market 2019 | Application and Future Forecast by 2025

02-03-2020 06:59 PM CET | Health & Medicine

Press release from: Global Market Insights Inc.

Rheumatoid Arthritis Drugs Market

Rheumatoid Arthritis Drugs Market

Based on drug class, the rheumatoid arthritis drugs market size is segmented into biologic agents, corticosteroids, disease modifying antirheumatic drugs (DMARDs), nonsteroidal anti-inflammatory drug, others. Disease modifying antirheumatic drugs accounted for significant revenue share in 2018. Hydroxychloroquine, methotrexate, leflunomide and sulfasalazine are some of the commonly used traditional DMARDs. However, risks associated with use of these drugs and advent of newer DMARDs such as biologics will hamper the segment growth.

Based on route of administration, rheumatoid arthritis drugs market is segmented into oral and parenteral segments. Parenteral segment is projected to witness robust growth over the analysis timeframe. Bioavailability of drugs are significantly higher in parenteral form compared to oral dosage form. For instance, parenteral methotrexate was found to be more effective and indicated no additional adverse effects compared to oral methotrexate. However, cost and complexity associated with the administration is drastically higher in parenteral route of administration.

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Based on distribution channels, rheumatoid arthritis drugs market is segmented into hospitals, retail pharmacies and online platforms. Online platforms will witness lucrative growth over the forecast timeframe due to increasing internet penetration and growing digital literacy rates in developing regions. Moreover, ease of usage and heavy discounts offered by online sellers on antirheumatic drugs will augment the segment growth.

North America rheumatoid arthritis drugs market dominated the industry in 2018 and the scenario is likely to remain so over the foreseeable future. High and rising prevalence of rheumatoid arthritis and robust research and development activities focused towards developing treatment of rheumatoid arthritis will drive the market. Moreover, high disposable income and well established presence of leading industry players will augment the market demand.

Rheumatoid Arthritis Drugs Market report is an all-inclusive document, compiled and designed to provide best-in-class research, insightful analysis and accurate quantitative data. The coverage of this research is the most extensive when compared to other similar studies available on Rheumatoid Arthritis Drugs Market. The industry ecosystem information presented in this report is next-to-none and aims to address all stakeholders of the industry, irrespective of their size and business function. Details of segmentation and cross reporting structure, wherever feasible, makes this Rheumatoid Arthritis Drugs Market research one of its kind to offer the most in-depth, readily available data.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/4452

Rheumatoid Arthritis Drugs Market, By Drug Class, 2014-2025 (USD Million)
o Biologic agents
o Corticosteroids
o Disease modifying antirheumatic drugs (DMARDs)
o Nonsteroidal anti-inflammatory drug
o Others
Rheumatoid Arthritis Drugs Market, By distribution channel, 2014-2025 (USD Million)
o Hospitals
o Retail pharmacies
o Online platforms
Rheumatoid Arthritis Drugs Market, By Route Of Administration, 2014-2025 (USD Million)
o Oral
o Parenteral

Browse Report Summary: https://www.gminsights.com/industry-analysis/rheumatoid-arthritis-drugs-market

Prominent industry players operating in rheumatoid arthritis drugs market include AbbVie Inc., Amgen, Bristol-Myers Squibb Company, Genentech, Janssen Biotech, Sobi, and UCB. These market players putting enormous efforts in research and development activities to develop better therapeutic treatment for rheumatoid arthritis. For instance, in august 2019, U.S. food and drug administration approved AbbVie's newly developed drug Rinvoq for treatment of rheumatoid arthritis. The newly approved drugs extended companies offerings in rheumatoid arthritis drugs market.

More insightful info: https://www.marketwatch.com/press-release/rheumatoid-arthritis-drugs-market-2019-opportunity-analysis-and-industry-forecast-by-2025-2020-01-22

Related Insightful Reports:
Pharmaceutical Drug Delivery Market: https://www.marketwatch.com/press-release/worldwide-pharmaceutical-drug-delivery-market-applications-2019trends-size-and-share-till-2025-2019-10-03

Drug Screening Market: https://www.marketwatch.com/press-release/drug-screening-market-2019-global-industry-size-demand-growth-analysis-share-revenue-and-forecast-2025-2019-08-26

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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