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Growing Incidence Of Autoimmune Diseases Fuels Demand For Humira Drug: A Key Driver Powering Humira Drug Market Growth In 2025
Humira Drug
What Is the Current Humira Drug Market Size and Its Estimated Growth Rate?
In recent times, the Humira drug market has witnessed robust growth. This upward trajectory is expected to continue, with predictions estimating a rise from $9.74 billion in 2024 to $10.43 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.0%. Factors contributing to the historic growth include the introduction of biologics, advancements in biotechnology, increasing patient need for efficient treatments, embracing and prescription trends by doctors.
The market size of the Humira drug is anticipated to witness substantial expansion in the coming years, reaching $14.19 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 8.0%. The surge in the predicted period is primarily due to the entry of biosimilar market, adjustments in healthcare policies, emphasis on cost efficiency, investments in research and development, precision medicine and individualized treatments. The forecast period will also see significant trends such as generation of real-world evidence, extended usage in children's groups, the shift towards self-medication, value-based pricing frameworks, and the advancement of targeted therapies.
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How Are Emerging Segments Shaping the Humira Drug Market Landscape?
The humira drug market covered in this report is segmented -
1) By Type: Humira Syringe, Humira Pen
2) By Application: Ankylosing Spondylitis, Rheumatoid Arthritis, Crohn's Disease, Other Applications
3) By End-Users: Hospitals, Specialty Clinics, Other End-Users
Subsegments:
1) By Humira Syringe: Pre-Filled Syringe, Disposable Syringe
2) By Humira Pen: Auto-Injector Pen, Pre-Filled Injection Pen
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Which Growth Factors Are Influencing Humira Drug Market Expansion?
The growth of the Humira drug market is likely to be fuelled by the increasing incidence rate of autoimmune diseases. Autoimmune diseases, those in which the body's immune system mistakenly attacks and eradicates healthy tissues and cells, are often treated with the Humira drug to relieve pain and inflammation. Consequently, as the incidence rate of these diseases increases, so does the need for the Humira drug. For instance, the National Health Council, an American non-profit organization, estimated in March 2024 that roughly 50 million Americans are affected by autoimmune diseases. However, this number is likely to be higher given the difficulties in diagnosing such diseases. Furthermore, it is alarming to note that autoimmunity is nearing epidemic levels, with some research indicating a yearly rise of 3-12%. Hence, the upsurge in the occurrence rate of autoimmune disease will be a driving factor for the Humira drug market.
Who Are the Dominant Players Across Different Humira Drug Market Segments?
Major companies operating in the humira drug market include Pfizer Inc., Merck & Co. Inc., AbbVie Inc., Novartis AG, Fresenius Kabi AG, Amgen Inc., Boehringer Ingelheim International GmbH, Viatris Inc., Sandoz International GmbH, Hikma Pharmaceuticals PLC, Celltrion Healthcare Co. Ltd., Cadila Pharmaceuticals Ltd., Torrent Pharmaceuticals Ltd., Mochida Pharmaceutical Co. Ltd., Innovent Biologics Inc., Biocad Biopharmaceutical Company, Shanghai Henlius Biotech Inc., Glenmark Pharmaceuticals Ltd., Samsung Bioepis Co Ltd., Hetero Healthcare Ltd., Coherus BioSciences Inc., CinnaGen Co., Alvotech Holdings S.A, Reliance Life Sciences Private Limited, Momenta Pharmaceuticals Inc., Bio-Thera Solutions Ltd., Fujifilm Kyowa Kirin Biologics Co. Ltd., BioXpress Therapeutics SA, Alteogen Inc., Prestige BioPharma Pte. Ltd.
What Are the Latest Developing Trends in the Humira Drug Market?
In the humira drug market, product innovation is a prominent trend. To maintain their market standing, leading companies in this market are focusing on the creation of new biologics and biosimilars. For example, Sandoz, a pharmaceutical firm based in Switzerland, launched Biosimilar Hyrimoz (adalimumab), a citrate-free high-concentration formulation (HCF) approved by the European Commission in April 2023. The adalimumab citrate-free HCF (100 mg/mL) formulation results in a 50% reduction in injection volume, reducing the number of injections necessary for patients taking a dosage of 80 mg/mL or more. This has benefits for a range of conditions, including rheumatic diseases, Crohn's disease, and others, enhancing the patient experience.
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Which Geographic Regions Are Expected to Dominate the Humira Drug Market in the Coming Years?
North America was the largest region in the humira drug market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the humira drug 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 Humira Drug Market?
2. What is the CAGR expected in the Humira Drug Market?
3. What Are the Key Innovations Transforming the Humira Drug Industry?
4. Which Region Is Leading the Humira Drug Market?
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