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Rheumatoid Arthritis Drugs Market Size Forecasted To Achieve $66.61 Billion By 2029 With Steady Growth
Rheumatoid Arthritis Drugs
What Is the Rheumatoid Arthritis Drugs Market Size and Projected Growth Rate?
The Rheumatoid Arthritis Drugs Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Rheumatoid Arthritis Drugs Market Size and Projected Growth Rate?
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What Are the Major Segments in the Rheumatoid Arthritis Drugs Market?
The rheumatoid arthritis drugs market covered in this report is segmented -
1) By Drug Type: Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), Corticosteroids, Disease-Modifying Antirheumatic Drugs (DMARDs), Biologic Response Modifiers (BRMs), Other Drug Types
2) By Route Of Administration: Oral, Parenteral, Topical, Other Route Of Administrations
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
Subsegments:
1) By Nonsteroidal Anti-Inflammatory Drugs (NSAIDs): Ibuprofen, Naproxen, Diclofenac, Indomethacin
2) By Corticosteroids: Prednisone, Methylprednisolone, Dexamethasone
3) By Disease-Modifying Antirheumatic Drugs: Methotrexate, Sulfasalazine, Hydroxychloroquine, Leflunomide
4) By Biologic Response Modifiers: Tumor Necrosis Factor (TNF) Inhibitors, Interleukin Inhibitors, B-cell Inhibitors
5) By Other Drug Types: Janus Kinase Inhibitors, Other Novel Therapies
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What Are The Driving Rheumatoid Arthritis Drugs Market Evolution?
The escalation in arthritis cases is anticipated to fuel the expansion of the rheumatoid arthritis drugs market in the future. Rheumatoid arthritis is an autoimmune and inflammatory ailment in which the immune system intentionally harms healthy body cells, culminating in inflammation (painful swelling) in impacted body areas. Effective treatment for RA is amply available through rheumatoid arthritis drugs and self-management methods. These medications help alleviate pain, improve joint mobility and prevent disease progression. To illustrate, the National Center for Health Statistics, a government agency based in the US, stated in February 2024 that the age-adjusted prevalence of diagnosed arthritis among adults stood at 18.9% in 2022, with a higher incidence in women (21.5%) compared to men (16.1%). This prevalence notably increased with age, from 3.6% in adults aged between 18 and 34, to a staggering 53.9% in those aged 75 and over. Hence, the surging incidence of arthritis is projected to stimulate the rheumatoid arthritis drug market.
Which Firms Dominate The Rheumatoid Arthritis Drugs Market Segments?
Major companies operating in the rheumatoid arthritis drugs market include Pfizer Inc., Abbvie Inc., Amgen Inc., Novartis AG, Boehringer Ingelheim International GmbH, Eli Lilly and Company, F-Hoffmann La Roche AG, Bristol-Myers Squibb Company, AstraZeneca PLC, Merck & Co Inc., Johnson & Johnson Inc., Bayer AG, Teva Pharmaceuticals Industries Ltd., Sun Pharmaceutical Industries Ltd., Sanofi S.A, Biogen Inc., Regeneron Pharmaceuticals Inc., Galapagos NV, Abbott Laboratories, Takeda Pharmaceutical Company Limited, Mitsubishi Tanabe Pharma Corporation, UCB S.A., Astellas Pharma Inc., Corbus Pharmaceuticals Holdings Inc., Roche Holding AG, Daiichi Sankyo Company Limited, Mallinckrodt Pharmaceuticals, Gilead Sciences Inc.
What Trends Are Expected to Dominate the Rheumatoid Arthritis Drugs Market in the Next 5 Years?
The introduction of new products is a significant trend gaining traction in the rheumatoid arthritis drug market. To maintain their market position, companies in the rheumatoid arthritis drugs sector are adopting strategies like launching new products. For example, in August 2022, R-Pharm, a leading Russian tech-based pharmaceutical company, introduced a drug named Olokizumab. This drug is a humanized monoclonal antibody that targets the cytokine interleukin-6 specifically. This cytokine plays a crucial role in the progression of joint damage in rheumatoid arthritis patients, and similar to TNF (Tumor necrosis factor), it induces inflammatory reactions in the body, reducing the disease activity in many rheumatoid arthritis patients.
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Which Is The Largest Region In The Rheumatoid Arthritis Drugs Market?
North America was the largest region in the rheumatoid arthritis drugs market in 2024.North America is expected to be the fastest-growing region in the global rheumatoid arthritis market report during the forecast period. The regions covered in the rheumatoid arthritis drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Rheumatoid Arthritis Drugs Market?
2. What is the CAGR expected in the Rheumatoid Arthritis Drugs Market?
3. What Are the Key Innovations Transforming the Rheumatoid Arthritis Drugs Industry?
4. Which Region Is Leading the Rheumatoid Arthritis Drugs Market?
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