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Ankylosing Spondylitis Market Surges With The Growing Geriatric Population Worldwide: A Key Driver Powering Ankylosing Spondylitis Market Growth In 2025
Ankylosing Spondylitis Market Size
What Is the Current Ankylosing Spondylitis Market Size and Its Estimated Growth Rate?
The Ankylosing Spondylitis 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 Current Ankylosing Spondylitis Market Size and Its Estimated Growth Rate?
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How Are Emerging Segments Shaping the Ankylosing Spondylitis Market Landscape?
The ankylosing spondylitis market covered in this report is segmented -
1) By Treatment Type: Painkillers And Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Disease-Modifying Anti-Rheumatic Drugs (DMARDS), Biological Therapies, Steroids, Physical Therapies, Surgery
2) By Molecule: Biologics, Biosimilar, Small Molecules
3) By Route Of Administration: Parenteral, Oral, Other Routes
4) By Application: Juveniles, Adults
5) By End User: Hospitals, Clinics, Research Laboratories, Other End Users
Subsegments:
1) By Painkillers And Non-Steroidal Anti-Inflammatory Drugs (NSAIDs): Over-The-Counter NSAIDs, Prescription NSAIDs
2) By Disease-Modifying Anti-Rheumatic Drugs (DMARDs): Conventional DMARDs, Targeted DMARDs
3) By Biological Therapies: TNF Inhibitors, IL-17 Inhibitors
4) By Steroids: Oral Steroids, Injectable Steroids
5) By Physical Therapies: Physiotherapy, Exercise Programs
6) By Surgery: Joint Replacement Surgery, Spinal Surgery
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Which Growth Factors Are Influencing Ankylosing Spondylitis Market Expansion?
The growth of the ankylosing spondylitis market is anticipated to be driven by a rising elderly population. The term "geriatric population" signifies the augmentation in the number of older individuals resulting from demographic modifications. This demographic transition has led to an escalation in the proportion and number of individuals aged 60 and above. Treatment and medications for ankylosing spondylitis aid in managing pain and enhancing mobility in elder patients suffering from the disease. For instance, the United Nations Department of Economic and Social Affairs (UN DESA), a division of the UN Secretariat based in the US, projected in January 2023 that the worldwide populace of individuals aged 65 and above is likely to more than double, surging from 761 million in 2021 to 1.6 billion by 2050. Hence, the surging geriatric populace is fueling the growth of the ankylosing spondylitis market.
Who Are the Dominant Players Across Different Ankylosing Spondylitis Market Segments?
Major companies operating in the ankylosing spondylitis market include Pfizer Inc., Johnson & Johnson Pvt. Ltd., Merck & Co. Inc., AbbVie Inc., Novartis AG, Bristol-Myers Squibb, Eli Lilly and Company, Gilead Sciences Inc., Boehringer Ingelheim International GmbH, Amgen Inc., Cedars-Sinai, Viatris Inc., Astellas Pharma Inc., AstraZeneca plc, UCB Inc., Cipla Inc., Zydus Lifesciences Limited, Celltrion Inc., Hetero Labs Ltd., UCSF Health, Janssen Biotech Inc., Reliance Life Sciences Pvt. Ltd.
What Are the Latest Developing Trends in the Ankylosing Spondylitis Market?
Emerging therapeutic developments are a noticeable trend gaining traction in the ankylosing spondylitis marketplace. Firms in this field are making headway with new treatment methods to maintain their market standing. As an example, AbbVie Inc., a biopharmaceutical corporation based in the United States, disclosed the certification of RINVOQ by the U.S. Food and Drug Administration (FDA) in April 2022, for treating adults grappling with active ankylosing spondylitis (AS). This offers a fresh oral remedy for those patients who have shown no response to TNF blockers, demonstrating substantial developments in disease symptoms such as back discomfort and physical functioning. The fast effectiveness and safety profile derived from clinical trials make this a valuable progression in dealing with this enduring inflammatory ailment, broadening the range of therapeutic selections for affected individuals.
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Which Geographic Regions Are Expected to Dominate the Ankylosing Spondylitis Market in the Coming Years?
North America was the largest region in the ankylosing spondylitis market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ankylosing spondylitis 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 Ankylosing Spondylitis Market?
2. What is the CAGR expected in the Ankylosing Spondylitis Market?
3. What Are the Key Innovations Transforming the Ankylosing Spondylitis Industry?
4. Which Region Is Leading the Ankylosing Spondylitis Market?
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