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Arthritis Monoclonal Antibodies Market Research, Business Insights And Growth Opportunities By 2020-30: Covid 19 Growth And Change
Arthritis Monoclonal Antibodies Market
The global arthritis monoclonal antibodies market is expected to decline from $46.48 billion in 2019 to $45.18 billion in 2020 at a compound annual growth rate (CAGR) of -2.8%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $56.05 billion in 2023 at a CAGR of 7.45%.
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The arthritis monoclonal antibodies market consists of sales of monoclonal antibodies used for the treatment of arthritis diseases. Arthritis is referred to as the joint pain that is characterized by inflammation, tenderness, pain and stiffness in and around the joints. Different monoclonal antibody drugs are used for the treatment of arthritis. These include infliximab, adalimumab and golimumab. The market consists of revenue generated by the companies manufacturing monoclonal antibody drugs for arthritis by the sales of these products.
The increasing prevalence of arthritis globally has contributed to the growth of the arthritis monoclonal antibody market. According to the Centre for Disease Control and Prevention (CDC), in 2015, the adult percentage of arthritis ranges from 11.2% to 42.7%, which varies by country and osteoarthritis is the most common form of arthritis followed by gout, fibromyalgia and rheumatoid arthritis. According to WHO, the prevalence of rheumatoid arthritis varies between 0.3% and 1% and the worldwide estimates of osteoarthritis include 9.6% men and 18% women. The increased prevalence of arthritis and thee demand for personalized medicine is increasing the demand for the arthritis monoclonal antibody market.
Arthritis Monoclonal Antibodies Market Segmentation: -
By Drug
Remicade
Humira
Enbrel
Rituxan
Orencia
Actemra
Simponi
Cimzia
Remsima
By Application
Rheumatoid Arthritis
Osteoarthritis
Psoriatic Arthritis
Ankylosing Spondylitis
Fibromyalgia
Others
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Few Points From Table Of Content
1. Executive Summary
2. Arthritis Monoclonal Antibodies Market Characteristics
3. Arthritis Monoclonal Antibodies Market Size And Growth
4. Arthritis Monoclonal Antibodies Market Segmentation
5. Arthritis Monoclonal Antibodies Market Regional And Country Analysis
……
25. Arthritis Monoclonal Antibodies Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Arthritis Monoclonal Antibodies Market
27. Arthritis Monoclonal Antibodies Market Trends And Strategies
28. Arthritis Monoclonal Antibodies Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Arthritis Monoclonal Antibodies Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Arthritis Monoclonal Antibodies Market are Johnson & Johnson, Roche, Novartis, Pfizer Inc, AbbVie Inc.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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