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Multiple Sclerosis Therapeutic Market Trend, Technology Innovations and Growth Prediction to 2025 Explore By Major Players Novartis AG, Teva Pharmaceutical Industries Ltd., Sanofi S.A., Bayer AG, Pfizer, Inc., Biogen Idec, Merck & Co., Inc., AbbVie, Inc.

03-18-2021 08:25 AM CET | Health & Medicine

Press release from: Stratagem Market Insights

Multiple Sclerosis Therapeutics Industry

Multiple Sclerosis Therapeutics Industry

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.

The global multiple sclerosis therapeutics market was valued at US$ 19.6 billion in 2016 and is expected to witness a robust CAGR of 2.5% throughout the forecast period (2017-2025).

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Market Dynamics:

The major factors driving growth of the multiple sclerosis therapeutics market include rise in research and development ultimately leading to the launch of novel drug candidates and the rising prevalence of the condition in children. For instance, in 2014, Plegridy (peginterferon beta-1a) manufactured by Biogen, a disease modifying therapy was approved for the long-term treatment of relapsing forms of multiple sclerosis.

According to Multiple Sclerosis Society, approximately five to ten per cent of people with MS experienced their first symptoms before the age of 16. However, the inability of drugs to prevent disease progression and disability, side effects of the approved drugs such as increased risk of infections, flu-like symptoms and progressive multifocal leukoencephalopathy (PML), a viral disease of the brain are the factors hindering market growth.

Competitive Landscape

The major players operating in the global multiple sclerosis therapeutics market include Novartis AG, Teva Pharmaceutical Industries Ltd., Sanofi S.A., Bayer AG, Pfizer, Inc., Biogen Idec, Merck & Co., Inc., and AbbVie, Inc.

Key features of the study:

1. This report provides in-depth analysis of multiple sclerosis therapeutics market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2017 as the base year

2. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market

3. This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players

4. It profiles leading players in the global multiple sclerosis therapeutics market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, and strategies, and future plans

5. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, market expansion, and marketing tactics

6. The global multiple sclerosis therapeutics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

7. Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the multiple sclerosis therapeutics market

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COVID-19 Impact on the Global Multiple Sclerosis Therapeutics Market

The multiple sclerosis therapeutics market has gathered considerable momentum around the globe, largely due to the massive popularity multiple sclerosis therapeuticss have achieved over the last few years. The outbreak of COVID-19, however, has created barriers to the growth of the market, bringing the world to a halt. With the lockdown imposed owing to the pandemic causing huge revenue losses to end-use industries like healthcare, automotive, electronics, and more, multiple sclerosis therapeutics prices got spiked, and the demand was lowered.

Nevertheless, post lockdown limitations getting relaxed with time, the multiple sclerosis therapeutics market is steadily increasing again. Innovative market participants have aggressively begun to look for increasing application areas of multiple sclerosis therapeuticss in monitoring and tracking devices developed for COVID 19. For example, researchers at the University of California have recently announced the development of a multiple sclerosis therapeutics that can signal if the user develops COVID-19, even without any symptoms.

Such novel research is proving to be significant in improving multiple sclerosis therapeutics's market share. At the same time, the rising demand for pharmaceutical product packaging and healthcare products to address SARS-CoV-2 could be favorable for the multiple sclerosis therapeutics market in the years to come. It is also expected that the product demand in the end-use sectors will be able to pick up after the lockdown in a number of countries.

Table of Contents:

1. Research Objective and Assumption
o Research Objectives
o Assumptions
o Abbreviations

2. Market Purview
o Report Description
• Market Definition and Scope
o Executive Summary
• Market Snippet, By Drug Class
• Market Snippet, By Route of Administration
• Market Snippet, By Distribution Channel
• Market Snippet, By Region
o Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
• Drivers
• Restraints
• Market Opportunities
• Market Trends
o Regulatory Scenario
o Reimbursement Scenario
o Alternative Therapies
o Pipeline Analysis
o Supply Chain Analysis
o PEST Analysis
o Epidemiology

4. Global Multiple Sclerosis Therapeutics Market, By Drug Class, 2017 – 2025, (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2025 (%)
• Y-o-Y Growth Analysis, 2017 – 2025
• Segment Trends
o Beta Interferon
o Corticosteroids
o Monoclonal Antibodies
o Antineoplastic Agents
o Others

5. Global Multiple Sclerosis Therapeutics Market, By Route of Administration, 2017 – 2025, (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2025 (%)
• Y-o-Y Growth Analysis, 2017 – 2025
• Segment Trends
o Oral
o Injection

6. Global Multiple Sclerosis Therapeutics Market, By Distribution Channel, 2017 – 2025, (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2025 (%)
• Y-o-Y Growth Analysis, 2017 – 2025
• Segment Trends
o Hospital Pharmacies
o Retail Pharmacies
o E-Commerce

7. Global Multiple Sclerosis Therapeutics Market, By Region, 2017 – 2025, (US$ Million)
o Introduction
• Market Share Analysis, By Region, 2016 and 2025 (%)
• Y-o-Y Growth Analysis, For Regions, 2017 – 2025
o North America
• Market Size and Forecast, By Drug Class, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Route of Administration, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Distribution Channel, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
• U.S.
• Canada
o Latin America
• Market Size and Forecast, By Drug Class, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Route of Administration, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Distribution Channel, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
• Brazil
• Mexico
• Rest of Latin America
o Europe
• Market Size and Forecast, By Drug Class, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Route of Administration, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Distribution Channel, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
o Asia Pacific
• Market Size and Forecast, By Drug Class, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Route of Administration, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Distribution Channel, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of APAC
o Middle East
• Market Size and Forecast, By Drug Class, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Route of Administration, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Distribution Channel, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
• GCC
• Israel
• Rest of Middle East
o Africa
• Market Size and Forecast, By Drug Class, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Route of Administration, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Distribution Channel, 2017 – 2025, (US$ Million)
• Market Size and Forecast, By Country, 2017 – 2025, (US$ Million)
• South Africa
• Central Africa
• North Africa

8. Competitive Landscape
o Heat Map Analysis
o Market Share Analysis (3×3 Matrix)
o Company Profiles
o Analyst Views

9. Section
o References
o Research Methodology
o About us and Sales Contact

For Any Enquiries/Customization Related Report click Here: https://www.stratagemmarketinsights.com/quiry/12873

Contact Us:

Mr. Shah
Stratagem Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027 / JAPAN +815055391737
Email: sales@stratagemmarketinsights.com
SJ

About Us:

Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our team includes analysts that leverage their years of experience and expertise to create accurate and error-free reports.

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