Global Rheumatoid Arthritis Drugs Market 2024-2028
The rheumatoid arthritis drugs market is forecasted to grow by USD 16045.12 mn during 2023-2028, accelerating at a CAGR of 7.5% during the forecast period. The report on the rheumatoid arthritis drugs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising cases of RA and focus on increasing number of rheumatologists, availability of improved diagnostic modalities, and need for affordable biologics for RA.
Technavio's rheumatoid arthritis drugs market is segmented as below:
By Drug Class
- Disease-modifying anti-rheumatic drugs
- Nonsteroidal anti-inflammatory drugs
- Corticosteroids
By Type
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the health plan offerings for RA as one of the prime reasons driving the rheumatoid arthritis drugs market growth during the next few years. Also, use of biologics/biosimilars for treatment of RA and use of gene therapy for RA treatment will lead to sizable demand in the market.
The report on the rheumatoid arthritis drugs market covers the following areas:
- Rheumatoid arthritis drugs market sizing
- Rheumatoid arthritis drugs market forecast
- Rheumatoid arthritis drugs market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rheumatoid arthritis drugs market vendors that include AbbVie Inc., Amgen Inc., Astellas Pharma Inc., Bristol Myers Squibb Co., Eli Lilly and Co., F. Hoffmann La Roche Ltd., Galmed Pharmaceuticals Ltd., Genor Biopharma Holdings Ltd., Gilde Healthcare, Gilead Sciences Inc., GlaxoSmithKline Plc, Johnson and Johnson, Kangstem Biotech Co. Ltd., Novartis AG, Oryn Therapeutics, Pfizer Inc., Sanofi, Sorrento Therapeutics Inc., Taisho Pharmaceutical Holdings Co. Ltd., and UCB SA. Also, the rheumatoid arthritis drugs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.