Polymyalgia Rheumatica Market Expected to Reach US$ 9,623.4 Million by 2033 | IMARC Group

The newly published report by IMARC Group, titled "Polymyalgia Rheumatica Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2033″, presents a comprehensive analysis of the polymyalgia rheumatica market. The report provides an overview of the market trends, growth prospects, investment opportunities, and industry prospects, as well as an analysis of the disease overview, market scenario, and growth trends. In addition, the report offers competitor analysis, regional analysis, and recent advancements in the seven major markets (7MM). The report also highlights key segments and market drivers, as well as challenges faced by industry players.

How big is the market for polymyalgia rheumatica market?
According to IMARC Group, in 2022, the total value of the seven major markets (7MM) for polymyalgia rheumatica market amounted to US$ 2,893.6 Million. Looking forward, these markets are anticipated to reach US$ 11,764.0 Million by 2033, at a growth rate (CAGR) of 13.6% from 2023-2033.

What is polymyalgia rheumatica?
Polymyalgia rheumatica refers to an inflammatory disorder that causes muscle pain, particularly in the hips and shoulders. The common indications of this condition include mild fever, fatigue, lack of appetite, unintended weight loss, depression, aches in the neck, buttocks, thighs, or upper arms, stiffness in the affected regions, especially limited range of motion, etc. The diagnosis of polymyalgia rheumatica is based on a review of the patient's symptoms, medical history, and physical examination. Additionally, numerous other tests, such as complete blood count (CBC), C-reactive protein, erythrocyte sedimentation rate, MRI, ultrasound, etc., are also conducted.

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The growing prevalence of various associated risk factors, including genetic predisposition, environmental aspects, chronic infections, etc., is primarily driving the polymyalgia rheumatica market. Besides this, the increasing geriatric population, who are more susceptible to immune dysfunction owing to their diminished ability to produce new T cells, is also augmenting the market growth. Additionally, the escalating utilization of effective corticosteroids, which block the effects of specific chemicals in the body to reduce inflammation and improve tissue growth and repair, is providing a positive outlook for the market. In line with this, the growing application of physical therapy to boost strength and increase range of motion in patients is acting as another significant growth-inducing factor. Moreover, numerous key market players are extensively investing in R&D activities to introduce novel regimens that promote muscle flexibility and provide better bone health, which is anticipated to propel the polymyalgia rheumatica market in the coming years.

Report Period:
Base Year: 2022
Historical Period: 2017-2022
Market Forecast: 2023-2033

Countries Included:

United States
Germany
France
United Kingdom
Italy
Spain
Japan

Analysis Covered Across Each Country

Historical, current, and future epidemiology scenario
Historical, current, and future performance of the polymyalgia rheumatica market
Historical, current, and future performance of various therapeutic categories in the market
Sales of various drugs across the polymyalgia rheumatica market
Reimbursement scenario in the market
In-market and pipeline drugs

In-Market Drugs

Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Drug Uptake and Market Performance

Late-Stage Pipeline Drugs

Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Regulatory Status

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Key Questions Answered in this Report:

How has the polymyalgia rheumatica market performed so far and how will it perform in the coming years?
What are the markets shares of various therapeutic segments in 2022 and how are they expected to perform till 2033?
What was the country-wise size of the polymyalgia rheumatica market across the seven major markets in 2022 and what will it look like in 2033?
What is the growth rate of the polymyalgia rheumatica market across the seven major markets and what will be the expected growth over the next ten years?
What are the key unmet needs in the market?
Significant Benefits of the Report to Stakeholders:

Individuals directly or indirectly involved in the value chain of the polymyalgia rheumatica market can gain valuable insights into key players and major market trends, enabling them to stay up-to-date and make informed decisions.
Professionals responsible for selecting a polymyalgia rheumatica market for large and enterprise-level organizations can conduct thorough due diligence by leveraging the comprehensive information provided in this report.
Those seeking current intelligence on the dynamic polymyalgia rheumatica market can benefit from the report's valuable insights, helping them stay informed and make strategic business decisions.
Companies operating in the polymyalgia rheumatica market can benchmark and assess their market position and standing against their competitors, gaining a strategic viewpoint to evaluate and adapt to the changing market landscape.

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