Global Infliximab Drug Market Report and Forecast 2023-2031

Global Infliximab Drug Market Report and Forecast 2023-2031

Global Infliximab Drug Market Outlook

The growth of the global infliximab drug market is driven by the rising number of rheumatoid arthritis cases. The prevalence of rheumatoid arthritis disease is likely to grow at a CAGR of 1.0% in the forecast period of 2023-2031.

Infliximab Drug Market: Introduction

Infliximab is a monoclonal antibody that is used to treat autoimmune diseases such as Crohn’s disease, ulcerative colitis, rheumatoid arthritis, psoriasis, and ankylosing spondylitis. The drug works by binding to tumor necrosis factor-alpha (TNF-α), a protein that contributes to inflammation, and inhibiting its activity. Infliximab is administered through intravenous infusion and is usually given every 4-8 weeks depending on the condition being treated.

Infliximab Drug Market- Application and Uses

Infliximab is a monoclonal antibody that is primarily used to treat autoimmune diseases such as Crohn’s disease, ulcerative colitis, rheumatoid arthritis, psoriasis, and ankylosing spondylitis. These diseases are characterized by an overactive immune system that attacks healthy tissues in the body, leading to inflammation and tissue damage. Infliximab works by binding to and neutralizing a protein called tumor necrosis factor-alpha (TNF-α), which is a key contributor to inflammation in these diseases.

Infliximab is administered through intravenous infusion and is usually given every 4-8 weeks, depending on the condition being treated. The drug is typically used in patients who have not responded to other treatments, such as corticosteroids, immunosuppressants, or non-steroidal anti-inflammatory drugs (NSAIDs).

In addition to its primary uses, infliximab is also being studied for the treatment of other autoimmune diseases, such as multiple sclerosis and systemic lupus erythematosus (SLE). The drug has also been used off-label to treat other inflammatory conditions, such as uveitis (inflammation of the eye), pyoderma gangrenosum (a rare skin disorder), and hidradenitis suppurativa (a chronic skin condition).

Infliximab Drug Market Segmentations

The market can be categorised into product type, route of administration, application, distribution channel, and region.

Market Breakup by Product Type

• Brands Drugs
• Generic Drugs

Market Breakup by Route of Administration

• Oral
• Parenteral
• Topical
• Transdermal
• Rectal

Market Breakup by Application

• Rheumatoid Arthritis
• Crohn’s Disease
• Ulcerative Colitis
• Psoriasis

Market Breakup by Distribution Channel

• Hospital-based Pharmacies
• Online Pharmacies
• Retail Pharmacies

Infliximab Drug Market Breakup by Region

• North America
• United States of America
• Canada
• Europe
• United Kingdom
• Germany
• France
• Italy
• Others
• Asia Pacific
• China
• Japan
• India
• ASEAN
• Australia
• Others
• Latin America
• Brazil
• Argentina
• Mexico
• Others
• Middle East and Africa
• Saudi Arabia
• United Arab Emirates
• Nigeria
• South Africa
• Others

Infliximab Drug Market Scenario

The global infliximab drug market is expected to witness moderate growth in the coming years, driven by the increasing prevalence of autoimmune diseases and the growing demand for biologics. The market is highly competitive, with several multinational companies and small and medium-sized enterprises operating in the market.

Crohn's disease and ulcerative colitis are the major indications for infliximab, accounting for over 50% of the market share. However, the market is also driven by the growing use of infliximab for the treatment of rheumatoid arthritis, psoriasis, and ankylosing spondylitis. Hospitals are the largest distribution channel for infliximab, accounting for over 60% of the market share.

North America dominates the infliximab drug market, accounting for over 40% of the global market share. The high prevalence of autoimmune diseases in the region, coupled with the presence of a well-established healthcare infrastructure, is driving market growth. Europe is the second-largest market for infliximab, with the increasing adoption of biologics and the growing prevalence of autoimmune diseases driving market growth.

The Asia Pacific region is expected to witness significant growth during the forecast period, owing to the increasing prevalence of autoimmune diseases in the region and the rising healthcare expenditure. The growing awareness about the benefits of biologics and the availability of new treatment options are also expected to contribute to market growth.

Key Players in the Global Infliximab Drug Market

The report gives an in-depth analysis of the key players involved in the infliximab drug market, sponsors manufacturing the drugs, and putting them through trials to get FDA approvals. The companies included in the market are as follows:

• Zydus Lifesciences Ltd.
• Pfizer Inc.
• Samsung Biologics Co., Ltd
• Celltrion Healthcare Co., Ltd.
• Novartis AG (Sandoz)
• AbbVie Inc
• Epirus Biopharmaceuticals, Inc.
• Janssen Biotech, Inc.
• NAPP Pharmaceuticals Ltd.
• Nippon Kayaku Seizo Co., Ltd.
• Alvogen Pharma Inc.