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Arthritis Monoclonal Antibodies Market 2023 Ongoing Trends with Global Outlook 2032
Arthritis Monoclonal Antibodies Market
The Business Research Company's Arthritis Monoclonal Antibodies Global Market Report 2023 identifies increasing prevalence of arthritis globally as the major driver for the Arthritis Monoclonal Antibodies market's growth in the forecast period. According to the Centre for Disease Control and Prevention (CDC), in 2020, the adult percentage of arthritis is 23% in the USA which varies by country and osteoarthritis is the most common form of arthritis followed by gout, fibromyalgia, and rheumatoid arthritis.
The global arthritis monoclonal antibodies market size grew from $49.44 billion in 2022 to $53.81 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. 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 market size of the global arthritis monoclonal antibodies is expected to grow from $71.66 billion in 2027 at a CAGR of 7.4%.
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Major competitors in the Arthritis Monoclonal Antibodies market are Johnson & Johnson, Roche, Novartis, Pfizer Inc., AbbVie Inc., Amgen Inc., Genentech, GSK, AstraZeneca PLC.
A key trend in the Arthritis Monoclonal Antibodies market includes development of therapeutic monoclonal antibody products. Monoclonal antibodies are more efficient than small molecules and peptides in the treatment of arthritis. These are target specific and have good efficiency for disease treatment. These improved treatment options are evident with the launch of a greater number of monoclonal antibody drugs for arthritis.
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The Arthritis Monoclonal Antibodies market is segmented -
• By Drug: Remicade, Humira, Enbrel, Rituxan, Orencia, Actemra, Simponi, Cimzia, Remsima
• By Application: Rheumatoid Arthritis, Osteoarthritis, Psoriatic Arthritis, Ankylosing Spondylitis, Fibromyalgia, Other Applications
• By End-Use: Hopitals, Research Institutes, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Arthritis Monoclonal Antibodies market.
The Business Research Company's "Global Arthritis Monoclonal Antibodies Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Arthritis Monoclonal Antibodies Market Include:
1. Executive Summary
2. Arthritis Monoclonal Antibodies Market Characteristics
3. Arthritis Monoclonal Antibodies Market Trends And Strategies
4. Arthritis Monoclonal Antibodies Market - Macro Economic Scenario
5. Arthritis Monoclonal Antibodies Market Size And Growth
……………………………………………………….
27. Arthritis Monoclonal Antibodies Market Competitive Landscape And Company Profiles
28. Arthritis Monoclonal Antibodies Pipeline Analysis
29. Key Mergers And Acquisitions In The Arthritis Monoclonal Antibodies Market
30. Arthritis Monoclonal Antibodies Market Future Outlook and Potential Analysis
31. Appendix
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