Recent News Stories Shows How The Indian Rheumatoid Arthritis Drugs Market Products Are Surviving In The Global Industry To 2028?

Report Overview

Indian Rheumatoid Arthritis Drugs market size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of XX% during the forecast period.

Rheumatoid arthritis is an inflammatory disease that results to cause pain and swelling in and around the joints. It usually affects hands and feet but can also affect any joint in the body. Rheumatoid arthritis is an autoimmune condition because of the immune cells targeting healthy body tissues. Patients can have joint swelling, stiffness and pain due to destruction of cartilage tissues and bones. The exact cause of disease is still unknown. Rheumatoid arthritis has four stages of progression and stage 3 shows the severe form of the disease. Rheumatoid arthritis affects performance of daily activities, like household tasks and work, and also results in mortality.

Market Drivers

The rising prevalence of rheumatoid arthritis in India, introduction of new therapeutic agents and government support on high cost treatment products are some of the major factors driving the rheumatoid arthritis market.These therapeutic treatment stops inflammation, relieve symptoms, prevent joint and organ damages and decreases long term complications which attracts rheumatoid arthritis patients to opt for these treatments, which results in market growth.Rising government initiatives to give quality and affordable healthcare are anticipated to supplement development of India's market. In addition, India is considered as one of the top countries of infections in the world, increasing the requirement for rheumatoid arthritis treatment around the country. Rising patient pool because of increase in population, lifestyle changes, and emergence of new diseases is also driving interest in biopharmaceuticals.

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Major Players

The major players for Rheumatoid Arthritis treatment in Indian includes Sanofi S.A., Pfizer Inc., Johnson & Johnson, AbbVie Inc., Eli Lilly & Company, Cipla, Inc., Sun Pharmaceutical Industries Ltd., Novartis AG.  For instance, in 2020, Pfizer and Lilly went into a collaboration agreement to jointly develop and globally commercialize tanezumab for the treatment of osteoarthritis pain and cancer pain, under which the companies equally share ongoing development costs.

The Indian Rheumatoid Arthritis Drugs Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Indian Rheumatoid Arthritis Drugs market. This report explores all the key factors affecting the growth of the global Indian Rheumatoid Arthritis Drugs market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Drug Class:

Based on drug class, the rheumatoid arthritis drugs market is segmented into biologic agents, corticosteroids, disease modifying antirheumatic drugs (DMARDs), nonsteroidal anti-inflammatory drug, others. Disease modifying antirheumatic drugs accounted for significant revenue share in 2018. Hydroxychloroquine, methotrexate, leflunomide and sulfasalazine are some of the commonly used traditional DMARDs.

By Route of Administration:

Based on route of administration, rheumatoid arthritis drugs market is segmented into oral and parenteral segments. Parenteral segment is projected to witness robust growth over the analysis timeframe. Bioavailability of drugs are significantly higher in parenteral form compared to oral dosage form. For instance, parenteral methotrexate was found to be more effective and indicated no additional adverse effects compared to oral methotrexate.

By Distribution channels:

Based on distribution channels, rheumatoid arthritis drugs market is segmented into hospitals, retail pharmacies and online platforms. Online platforms will witness lucrative growth over the forecast timeframe due to increasing internet penetration and growing digital literacy rates in developing regions. Moreover, ease of usage and heavy discounts offered by online sellers on antirheumatic drugs will augment the segment growth.

Major Players

The major players for Rheumatoid Arthritis treatment in Indian includes Sanofi S.A., Pfizer Inc., Johnson & Johnson, AbbVie Inc., Eli Lilly & Company, Cipla, Inc., Sun Pharmaceutical Industries Ltd., Novartis AG.  For instance, in 2020, Pfizer and Lilly went into a collaboration agreement to jointly develop and globally commercialize tanezumab for the treatment of osteoarthritis pain and cancer pain, under which the companies equally share ongoing development costs.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Indian Rheumatoid Arthritis Drugs Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Indian Rheumatoid Arthritis Drugs Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Rheumatoid Arthritis Drugs market
Chapter 2: Exclusive Summary - the basic information of the Indian Rheumatoid Arthritis Drugs Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Rheumatoid Arthritis Drugs
Chapter 4: Presenting the Indian Rheumatoid Arthritis Drugs Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Rheumatoid Arthritis Drugs market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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In conclusion, the Indian Rheumatoid Arthritis Drugs Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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