Informative Report on Antiinflammatory Drugs Market 2020: Analysis by Regions, Top Key Players (Pfizer, Abbvie, Johnson & Johnson, GlaxoSmithKline, Merck) |Forecast to 2025

Global Antiinflammatory Drugs Market overview:

The report " Antiinflammatory Drugs Market” The quick adoption of advanced Analytics and Visualization and the expand use of outward data sources are the major drivers of the Antiinflammatory Drugs Market. The report high Point, Potential Growth Opportunities in the coming years and covers a review of the Market Drivers, Growth Measure, Competitive Landscape, Market Dynamics, Opposition and other Feature to the Antiinflammatory Drugs Market.

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Anti-inflammatory drugs are used to treat conditions like Asthma, Arthritis, Chronic obstructive pulmonary disease and other diseases. Increasing prevalence of these diseases is the major factor propelling the market upwards. Although documented incidences of side effects and patent expiration of Blockbuster drugs are restraining the market growth, new research advancements in Anti Inflammatory Biologics, Immune Selective Anti-Inflammatory Derivatives (ImSAIDs), etc. are helping to make this class of drugs as side effect free as possible, maintaining the efficacy and potency of the drug.

On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Steroidal Anti-Inflammatory Drug, Non-Steroidal Anti-Inflammatory Drug. Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Drug Store, Hospital Pharmacies, Online.

Anti-inflammatory drugs help suppress the inadvertent alarm, the immune system triggers against body cells, which causes inflammation in the various body part. With increasing sedentary lifestyle and deteriorating air quality in many parts of the world, the prevalence of arthritis and respiratory related diseases are on the rise. Hence, there has been an increase in the Anti-inflammatory drugs market in the past decade, and the trend seems to only increase with a much healthier rate. The market is segmented by treatment, drug class, sales channel and geography.

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Asia Pacific was a prominent market for Antiinflammatory Drugss in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Antiinflammatory Drugs market in Asia Pacific. There are several manufacturers of Antiinflammatory Drugss in Europe and North America. In North America, the demand for Antiinflammatory Drugss is primarily driven by the residential sector. Improved standards of living and rising usage of Antiinflammatory Drugss for flooring purpose are anticipated to drive the market in North America.

Some of the major players that operate in the Global Antiinflammatory Drugs Market are Pfizer, Inc, Abbvie, Inc, Johnson & Johnson, GlaxoSmithKline, Merck & CO., Inc, Novartis, Almirall, Abbott, Zhejiang Jiuzhou Pharmaceutical Co, Boehringer Ingelheim, Jilin Huakang Pharmaceutical.

Latest Industry Updates:

Pfizer Inc. (NYSE:PFE) and Eli Lilly and Company (NYSE:LLY) today announced that the U.S. Food and Drug Administration (FDA) accepted for review a Biologics License Application (BLA) for tanezumab 2.5 mg administered subcutaneously (SC), which is being evaluated for patients with chronic pain due to moderate-to-severe osteoarthritis (OA) who have experienced inadequate pain relief with other analgesics. Tanezumab is a monoclonal antibody that is part of an investigational class of non-opioid chronic pain medications known as nerve growth factor (NGF) inhibitors.

More than 27 million Americans are living with OA, 11 million of whom have moderate-to-severe OA. Currently available treatment options for moderate-to-severe OA do not meet the needs of all patients, and many cycle through multiple therapies to find relief from their pain. The Prescription Drug User Fee Act (PDUFA) goal date for the FDA to make a decision on the tanezumab application is in December 2020. In its acceptance letter, the FDA stated that it is currently planning to hold an Advisory Committee meeting to discuss this application.

"The FDA acceptance of the tanezumab application represents a significant milestone, and the breadth of our regulatory submission reflects the extensive clinical data we have gathered for tanezumab over the course of its development," said Ken Verburg, tanezumab development team leader, Pfizer Global Product Development. "There is an urgent need for innovation in the treatment of osteoarthritis, as there have been no new classes of medicines available for this debilitating condition in more than a decade. If approved, tanezumab would be a first-in-class treatment for patients suffering from chronic pain due to moderate-to-severe osteoarthritis who have experienced inadequate pain relief with other analgesics."

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Table of Contents:

1 Antiinflammatory Drugs Definition

2 Global Antiinflammatory Drugs Market Major Player Share and Market Overview

3 Major Player Antiinflammatory Drugs Business Introduction

4 Global Antiinflammatory Drugs Market Segmentation (Region Level)

5 Global Antiinflammatory Drugs Market Segmentation (Product Type Level)

6 Global Antiinflammatory Drugs Market Segmentation (Industry Level)

7 Global Antiinflammatory Drugs Market Segmentation (Channel Level)

8 Antiinflammatory Drugs Market Forecast 2020-2024

9 Antiinflammatory Drugs Segmentation Type

10 Antiinflammatory Drugs Segmentation Industry

11 Antiinflammatory Drugs Cost Analysis

12 Conclusion

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