Press release
Multiple Sclerosis Market Based on Market Size, Key Players, Market Dynamics and Technological Advancement by 2026
Multiple Sclerosis Market
The global market size of Multiple Sclerosis market is $XX million in 2019 with XX CAGR, and it is expected to reach $XX million by the end of 2026 with a CAGR of XX% from 2020 to 2027.
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The global multiple sclerosis market is segmented into, treatment modality and geography. Based on treatment modality of multiple sclerosis, the market is categorized into injectable agents and oral agents. Geographically, the report is segmented across four regions namely, North America, Europe, Asia Pacific, and LAMEA. Presently, North America occupies majority of the market share followed by Europe and the Asia Pacific region. Product launch is the key strategy adopted by leading players operating in this market. The companies are building their core competencies by introducing novel therapeutics agents with minimal side effects. In 2013, Biogen Idec introduced Tecfidera, which is a safer and effective treatment as compared to the use of earlier drugs. This drug has reduced the annualized relapse rate (ARR) for MS patients by 44%, previously evaluated at 52% on the consumption of Gilenya. Companies profiled in this report include Biogen Idec, Novartis, EMD Serono, Sanofi, Teva Pharmaceutical, Bayer, Pfizer, Synthetic Biologic, Active Biotech, and Opexa.
KEY MARKET BENEFITS:
o Inclusive intellects of factors driving the growth of the multiple sclerosis market is provided in the report. For instance, the growing demand for branded drugs with minimal side effects, favourable reimbursement structures and growing healthcare expenditures on sophisticated healthcare services would drive the global multiple sclerosis market
o The projections in this report are derived by analysing the current market trends and market potential for the period of 20142020, in terms of value
o Competitive intelligence (of leading manufacturers and distributors of MS drugs) helps in understanding the competitive scenario across geographies
o SWOT analysis of key market players is provided to illustrate the business strategies adopted by companies
o The report provides a quantitative analysis of the current market and estimations through 2014-2020 that help in identifying the prevailing market opportunities
o Market attractiveness analysis is included for various product end-users and geographic segments with detailed analysis of factors responsible for the rapid growth of market segments
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KEY MARKET SEGMENTS:
Global multiple sclerosis market is mainly segmented below:
Multiple Sclerosis Market - By treatment modality
o Injectable agents
o Oral agents
Multiple Sclerosis Market - By Geography
o North America
o Europe
o Asia-Pacific
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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