Multiple Sclerosis Market: Facts, Benefits, Figures and Analytical Insight

Data Bridge Market Research analyses that the multiple sclerosis market was valued at USD 25.32 billion in 2021 and is expected to reach USD 33.98 billion by 2029, registering a CAGR of 3.75% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Global Multiple Sclerosis Market Definition
Multiple sclerosis (MS) is a chronic inflammatory immune-mediated disease that affects nerve cells in the spinal cord and brain, causing demyelination, axonal transection, and neurodegeneration. Injectable, oral, and infused medications, muscle relaxants, antidepressants, and physical therapy are some of the most widely utilized therapies. Interferon-beta and glatiramer acetate are injectable therapies that are given under the skin or into the muscle; oral medications include teriflunomide, dimethyl fumarate, and cladribine; and intravenous infusion treatments include ocrelizumab, alemtuzumab and natalizumab.

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The rising prevalence of multiple sclerosis is a primary driver of the multiple sclerosis market's growth. Relapsing-remitting multiple sclerosis (RRMS), primary-progressive MS (PPMS), secondary-progressive MS (SPMS) and progressive-relapsing MS (PRMS) are the types of multiple sclerosis and their high prevalence rate will influence the market dynamics during the forecast period.

Key players operating in the multiple sclerosis market are:

F. Hoffmann-La Roche Ltd. (Switzerland)
Mylan N.V. (US)
Teva Pharmaceutical Industries Ltd.(Jerusalem)
Sanofi (France)
Pfizer Inc. (US)
GlaxoSmithKline plc (UK)
Novartis AG (Switzerland)

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