Press release
Rheumatoid Arthritis Drugs Market Size to Witness Stunning Growth to Generate Huge Revenue Of USD 62.93 billion by 2027
Rheumatoid Arthritis Drugs Market
was valued at USD 57.92 billion in 2019, and is Projected to Garner USD 62.93 billion by 2027 register a revenue CAGR of 2.8% from 2020 to 2027. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
Rise in the prevalence of rheumatoid arthritis, surge in geriatric population, and transition from symptom management to slowing the progression of the disease are the major factors that drive the growth of the global rheumatoid arthritis drugs market. On the other hand, side effects associated with the medication and higher cost of biologics & biosimilars restrain the market growth to some extent. Nevertheless, developments in the field of biosimilars and novel biologics are expected to pave the way for new opportunities in the industry.
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Covid-19 scenario-
• The manufacturing of drugs are considered under essential services and thus, the global rheumatoid arthritis drugs market has not been much affected.
• Drugs used for treatment of rheumatoid arthritis like tocilizumab and hydroxychloroquine have also been studied for treatment of the novel corona virus.
Top Rheumatoid Arthritis Drugs Companies: -
• AbbVie Inc.
• Boehringer Ingelheim GmbH
• Novartis AG
• Regeneron Pharmaceuticals, Inc.
• Pfizer, Inc.
• Johnson & Johnsons Services, Inc
• Bristol-Myers Squibb Company
• F. Hoffmann-La Roche Ltd.
• Celegene Corporations
• MedImmune, LLC,
• Amgen Inc.
Global Rheumatoid Arthritis Drugs Market Segmentation: -
By Drug Class:-
• Disease-modifying Anti-rheumatic Drugs (DMARDs)
• Nonsteroidal Anti-inflammatory Drugs (NSAIDs)
• Corticosteroids
• Uric Acid Drugs
• Others
By Route of Administration:-
• Oral
• Parenteral
By Sales Channel:-
• Prescription-based Drugs
• Over-the-counter Drugs
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By Region Outlook
North America
• U.S.
• Canada
• Mexico
Europe
• UK
• Germany
• France
• Italy
• Russia
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
LAMEA
• Brazil
• UAE
• Turkey
• Saudi Arabia
• Rest of LAMEA
This comprehensive report will provide:
• Enhance your strategic decision making
• Assist with your research, presentations and business plans
• Show which emerging market opportunities to focus on
• Increase your industry knowledge
• Strengthen your analysis of competitors
• Provide risk analysis, helping you avoid the pitfalls other companies could make
• Keep you up-to-date with crucial market developments
• Allow you to develop informed growth strategies
• Build your technical insight
• Illustrate trends to exploit
• Ultimately, help you to maximize profitability for your company.
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