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Biologic And Biosimilar RA Drugs Global Market By Sales Channel, By Distribution Channel, By Drug Type, By Therapy, Regional Forecast 2023-2032 | Samsung BioLogics Co. Ltd., Amgen Inc., Novo Nordisk A/S, AbbVie Inc., Sanofi Pasteur
Biologic And Biosimilar RA Drugs Market Size, Growth Rate, And Forecast
The global biologic & biosimilar RA drugs market size is expected to grow from $12.08 billion in 2022 to $12.65 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global biologic & biosimilar RA drugs market size is expected to grow to $15.19 billion in 2027 at a CAGR of 4.7%.
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Biologic And Biosimilar RA Drugs Market Drivers
The rising older population and increasing incidence of rheumatoid arthritis are driving the biologics and biosimilars RA drugs market forward. The older population refers to people who are aged 60 years or older. Rheumatoid arthritis is an autoimmune disease in which the immune system of a person attacks its healthy cells and the joints of the person are affected.
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Biologic And Biosimilar RA Drugs Market Segments
• By Source: Microbial, Mammalian, Other Sources
• By Disease: Oncology, Immunological Disorders, Cardiovascular Disorders, Hematological Disorders, Other Diseases
• By Manufacturing: Outsourced, In-House
• By Mode Of Purchase: Prescription Drugs, Over-The-Counter (OTC) Drugs
• By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Biologic And Biosimilar RA Drugs market.
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Biologic And Biosimilar RA Drugs Market Key Players
Major competitors in the Biologic And Biosimilar RA Drugs market include Samsung BioLogics Co. Ltd., Amgen Inc., Novo Nordisk A/S, AbbVie Inc., Sanofi Pasteur, Johnson & Johnson Services Inc., Pfizer Inc., Merck & Co. Inc., Eli Lilly and Company, Novartis AG, Bayer AG, F. Hoffmann-La Roche Ltd., AstraZeneca PLC., Teva Pharmaceutical Industries Ltd., Fresenius Se & Co. KGaA, Stada Arzneimittel AG, Boehringer Ingelheim Pharmaceuticals Inc., and Gedeon Richter Plc.
The Business Research Company's "Global Biologic And Biosimilar RA Drugs Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high-level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Biologic And Biosimilar RA Drugs Market Include:
1. Executive Summary
2. Biologic And Biosimilar RA Drugs Market Characteristics
3. Biologic And Biosimilar RA Drugs Market Trends And Strategies
4. Biologic And Biosimilar RA Drugs Market - Macro Economic Scenario
5. Biologic And Biosimilar RA Drugs Market Size And Growth
.....
26. Africa Biologic And Biosimilar RA Drugs Market
27. Biologic And Biosimilar RA Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biologic And Biosimilar RA Drugs Market
29. Biologic And Biosimilar RA Drugs Market Future Outlook and Potential Analysis
30. Appendix
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