Rheumatoid Arthritis Drugs Market Size Focusing on Current Trends, Leading with Top Key Players: Amgen Inc., UCB S.A., Eli Lilly and Company, Merck & Co., Inc., F. Hoffmann-La Roche Ltd

The key market players analyzed in the global niacinamide market report include Amgen Inc., UCB S.A., Eli Lilly and Company, Merck & Co., Inc., F. Hoffmann-La Roche Ltd, Johnson & Johnson, AbbVie Inc., Bristol-Myers Squibb Company, Novartis AG, and Pfizer Inc. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.

According to the report published by Allied Market Research, Global Rheumatoid Arthritis Drugs Market Size Was Valued at USD 57,929 million in 2019 and it is estimated to surpass around USD 62,935 million by 2027, with a registered 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.

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Based on drug class, the disease-modifying anti-rheumatic drugs segment contributed to the largest market share in 2019, accounting for nearly four-fifths of the global rheumatoid arthritis drugs market, and is projected to maintain its lead status during the forecast period. This is due to rise in prevalence of rheumatoid arthritis syndrome across the globe, increase in obese & overweight population, launch of therapeutic agents, and favorable reimbursement policies for high cost treatments. However, the non-steroidal anti-inflammatory drugs segment is estimated to manifest the highest CAGR of 3.5% from 2020 to 2027. This is owing to factors such as increase in need for management of joint pain in patients suffering from rheumatoid arthritis with these drugs, surge in geriatric population, rise in patient awareness toward pain management therapeutics, rise in preference for NSAIDs for rheumatoid arthritis treatment, and favorable regulatory scenario toward high-cost treatment products,

Based on route of administration, the parenteral segment accounted for the highest market share, contributing to nearly three-fourths of the global rheumatoid arthritis drugs market in 2019, and is expected to maintain its dominant share by 2027. This is due to rise in R&D activities to develop bio-similar drugs, wide availability of drugs, introduction of novel parenteral products, and rise in healthcare expenditure. However, the oral segment is anticipated to grow at the highest CAGR of 3.1% during the forecast period. Oral route of administration is preferred over numerous other routes of administration by providing several benefits comprising ease of absorption, no pain during administration, enhanced safety, and adaptability to many kinds of drugs. This factor drives the growth of the segment.

Based on region, the North America region held the largest share of the global rheumatoid arthritis drugs market, contributing to more than two-fourths of the total share in 2019, and will continue its leadership position during the forecast period. This is attributed to the factors including increase in prevalence of rheumatoid arthritis, surge in adoption of disease-modifying antirheumatic drugs (DMARDs), availability of advanced healthcare facilities with trained medical professionals, rise in number of R&D activities, and surge in investments made by governments in the healthcare system. On the other hand, the

Asia-Pacific region is anticipated to manifest the fastest CAGR of 3.2% from 2020 to 2027. This is owing to alarming increase in the number of patients suffering from rheumatoid arthritis, rise in geriatric population, and improvement in healthcare facilities.

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in the coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?

By Region

• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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