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Anti-Rheumatics Market Size (US$ 72.1 Billion), Growth (CAGR of 2.74%), Demand and Forecast 2022-2027
Anti-Rheumatics Market Research & Forecast Report 2022-2027
Rheumatic refers to an autoimmune inflammatory disease that affects the joints, tendons, ligaments, bones, and muscles. Its symptoms include aching, stiffness, tenderness, and swelling in joints, weight loss, fever, fatigue, and weakness. Its treatment is achieved using different drugs known as anti-rheumatics. Anti-rheumatics includes disease-modifying anti-rheumatics drugs (DMARD's), nonsteroidal anti-inflammatory drugs (NSAID's), Corticosteroids, and uric acid drugs, which prevent joint damage, decrease inflammation, and aid in slowing down the progression of the disease.
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Anti-Rheumatics Market Trends and Drivers:
At present, the growing geriatric population and rising cases of rheumatoid arthritis represent one of the key factors positively influencing the market across the globe. In addition, unhealthy dietary patterns, sedentary lifestyles and consequently increasing obesity are worsening the symptoms of rheumatoid arthritis. In line with this, the increasing prevalence of diabetes among individuals are contributing to the market growth. Moreover, the growing awareness about the treatment available for anti-rheumatics is fueling the market. Additionally, increasing investments in research and development (R&D) activities for introducing new drugs and increasing focus on lowering drug prices are stimulating the growth of the market. Other factors, such as rising disposable incomes, increasing affordability of rheumatoid arthritis treatment, and the easy availability of prescription-based and over-the-counter drugs, are creating a favorable market outlook.
Anti-Rheumatics Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
• AbbVie Inc. (ABBV)
• Amgen Inc.
• AstraZeneca plc
• Biogen Inc.
• Bristol-Myers Squibb Company
• Celltrion Inc.
• Eli Lilly and Company
• F. Hoffmann-La Roche AG
• Johnson & Johnsons
• Pfizer Inc.
• Sanofi SA.
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The report has segmented the market on the basis of Type, Drug Class, Route of Drug Administration, Distribution Channel and Region.
Breakup by Type:
• Prescription-based Drugs
• Over-the-Counter Drugs
Breakup by Drug Class:
• Disease Modifying Anti-Rheumatics Drugs (DMARD's)
• Nonsteroidal Anti-Inflammatory Drugs (NSAID's)
• Corticosteroids
• Uric Acid Drugs
• Others
Breakup by Route of Drug Administration:
• Oral
• Parenteral
• Others
Breakup by Distribution Channel:
• Hospital Pharmacies
• Retail Pharmacies
• E-Commerce
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
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