Anti-Rheumatics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Anti-Rheumatics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global anti-rheumatics market reached a value of US$ 61.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 72.1 Billion by 2027, exhibiting at a CAGR of 2.74% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Anti-rheumatics refers to drugs used to treat different symptoms of rheumatoid arthritis. These drugs are also utilized for treating inflammatory myositis and bowel diseases, various types of cancers, and connective tissue diseases, such as systemic sclerosis (SSc), systematic lupus erythematosus (SLE), and Sjogren syndrome (SS). They can be administered orally, subcutaneously (SC) or intravenously (IV) into the body. They assist in decreasing inflammation, preventing joint damage, reducing pain and swelling, and slowing the progression of arthritis. As a result, anti-rheumatics are increasingly being prescribed by specialists like rheumatologists, gastroenterologists or dermatologists across the globe.

Anti-Rheumatics Market Trends:
Rheumatoid arthritis is an inflammatory disease that causes swelling and pain in joints. It can also damage the skin, eyes, lungs, heart, and blood vessels. Therefore, the increasing prevalence of this medical condition represents one of the primary factors catalyzing the demand for anti-rheumatics around the world. These drugs aid in preventing bone deformity and improving overall body functions. As a result, their demand is escalating among the geriatric population, which is relatively more prone to these diseases. Furthermore, the growing development in the field of biosimilars and novel biologic therapies are creating a favorable market outlook. These therapies target individual molecules and act faster compared to conventional drugs. They are usually provided in combination with the disease-modifying anti-rheumatic drug (DMARD) to patients who have not responded to other treatments. The market is also influenced by the rising awareness among the masses about the easy availability of anti-rheumatics worldwide. Other significant factors, including a considerable rise in healthcare expenditure and extensive growth in the life sciences industry, are projected to drive the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global anti-rheumatics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, drug class, route of drug administration and distribution channel.

Breakup by Type:

Prescription-based Drugs
Over-the-Counter Drugs

Breakup by Drug Class:

Disease Modifying Anti-Rheumatics Drugs (DMARD's)
Nonsteroidal Anti-Inflammatory Drugs (NSAID's)
Corticosteroids
Uric Acid Drugs
Others

Breakup by Route of Drug Administration:

Oral
Parenteral
Others

Breakup by Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
E-Commerce

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AbbVie Inc., Amgen Inc., AstraZeneca plc, Biogen Inc., Bristol-Myers Squibb Company, Celltrion Inc., Eli Lilly and Company, F. Hoffmann-La Roche AG, Johnson & Johnsons, Pfizer Inc. and Sanofi SA.

Key Questions Answered in This Report:

How has the global anti-rheumatics market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global anti-rheumatics market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the drug class?
What is the breakup of the market based on the route of drug administration?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global anti-rheumatics market and who are the key players?
What is the degree of competition in the industry?