Multiple Sclerosis Therapeutics Market 2020: Growth Overview, Size, Comprehensive Analysis and Competitive Landscape by Novartis AG, Teva Pharmaceuticals, Sanofi Genzyme, Bayer AG, Pfizer, Biogen Idec, Merck & Co., and AbbVie

The Global Multiple Sclerosis Therapeutics Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2027). The assessment provides a 360 view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

What's keeping Novartis AG, Teva Pharmaceuticals Industries Ltd., Sanofi Genzyme, Bayer AG, Pfizer, Inc., Biogen Idec, Merck & Co., Inc., and AbbVie, Inc. Ahead in the Market? Benchmark yourself with strategic steps and conclusions recently published by SMI

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Multiple Sclerosis Therapeutics Market, by Drug Class (Beta Interferon, Corticosteroids, Monoclonal Antibodies, Antineoplastic Agents and Others), by Route of Administration (Oral and Injection), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and e-Commerce), and by Region - Global Trends, and Forecast till 2027

The multiple sclerosis therapeutic agents are intended to promote neurorepair and neuroprotection to prevent disease progression. The disease modifying therapeutics are currently under clinical development to specifically target the disease while avoiding frequent therapeutic administrations. A variety of corticosteroids, immunosuppressants and monoclonal antibodies are approved and recommended to reduce inflammation in multiple sclerosis. The complex nature of disease with its unique individual patient course renders variable clinical outcomes in different patients. Although there is no cure for multiple sclerosis, the currently available therapeutics modify the disease course, accelerate recovery from attacks, and help in managing symptoms.

Multiple sclerosis is a widespread disabling neurological condition, mostly diagnosed in people in the age group 20–50 years. According to the Multiple Sclerosis Foundation, 2017, this autoimmune condition affects 2.5 million people with the global incidence of around 7 cases per 100,000 people per year. The study also states that prevalence rates varies between ethnic and geographical latitudes, ranging from 50 to 120 people per 100,000 population. North America dominates the multiple sclerosis therapeutics market owing to the high prevalence of the condition and the rising economic burden of the disease leading to the adoption of novel therapeutics. According to the Multiple Sclerosis Foundation, 2015, an estimated 400,000 people live with the disease in U.S., and about 200 new cases are diagnosed every week. According to a survey by Healthline Media, 2015, multiple sclerosis ranks second after congestive heart failure with direct and indirect health care costs ranging from US$ 8,528 to US$ 54,244 per patient per year. Higher therapy cost is restraining the growth of the multiple sclerosis therapeutics market.

Competitive Analysis:
The report covers major players operating in the Multiple Sclerosis Therapeutics market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities.

Key companies:
Novartis AG, Teva Pharmaceuticals Industries Ltd., Sanofi Genzyme, Bayer AG, Pfizer, Inc., Biogen Idec, Merck & Co., Inc., and AbbVie, Inc.

Global Multiple Sclerosis Therapeutics Market, By Drug Class:
Beta Interferon
Corticosteroids
Monoclonal Antibodies
Antineoplastic Agents
Others

Global Multiple Sclerosis Therapeutics Market, By Route of Administration:
Oral
Injection

Global Multiple Sclerosis Therapeutics Market, By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
E-Commerce

The key strategic developments of the Multiple Sclerosis Therapeutics market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the Multiple Sclerosis Therapeutics market on a global and regional basis.The study provides a decisive view on the Multiple Sclerosis Therapeutics market by segmenting the market based on product, end-user, and regions. All the segments have been analyzed based on present and future trends and the Multiple Sclerosis Therapeutics market is estimated from 2020 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries.

Global Multiple Sclerosis Therapeutics Market Report includes Detailed TOC points:

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Multiple Sclerosis Therapeutics Market
2 Market Segmentation
3 Market Overview
3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players
4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Multiple Sclerosis Therapeutics Market, By Type
8 Global Multiple Sclerosis Therapeutics Market, by Application
9 Global Multiple Sclerosis Therapeutics Market, By Deployment
10 Global Multiple Sclerosis Therapeutics Market, By End User
11 Global Multiple Sclerosis Therapeutics Market, By Distribution Channel
12 Global Multiple Sclerosis Therapeutics Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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