Rheumatoid Arthritis Drugs Market

Rheumatoid Arthritis Drugs Market

The size of the pharmaceuticals market for rheumatoid arthritis worldwide was estimated at USD 20.3 billion in 2016. Over the forecast period, the market is anticipated to grow at a CAGR of 4.6%. Among the important factors anticipated to drive market expansion are the rising prevalence of arthritis, rising acceptance of biopharmaceuticals, and the existence of clear regulatory rules in developed nations. It is predicted that new biologics and expanding generic medicine use will significantly boost the market. For instance, Eli Lilly and Company's release of Olumiant in 2017 is projected to support sales growth in Japan. Similar to this, AbbVie's new JAK1-selective inhibitor Upadacitinib is expected to receive approval by 2019. Due to the favourable reimbursement environment, recently authorised biologics like Xeljanz and Kevzara are expected to have a significant market penetration. The global flood of new biopharmaceuticals and rising patient knowledge of rheumatic illnesses are expected to accelerate the uptake of rheumatoid arthritis (RA) therapies. In the United States alone, 52.2 million persons have arthritis in 2013. When given Disease-Modifying Antirheumatic Drugs (DMARDs), the majority of patients stay

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Rheumatoid Arthritis Drugs Market: Segment Analysis

Global Rheumatoid Arthritis Drugs Market: By Type

Prescription Drugs

Over-the-counter Drugs

Global Rheumatoid Arthritis Drugs Market: By Application

Hospital

Clinic

Nursing Home

Other

Global Rheumatoid Arthritis Drugs Market:key players

AbbVie

Amgen

Bayer

Biogen

Boehringer Ingelheim

Bristol-Myers Squibb

1. Hoffmann-La Roche

Johnson and Johnson

Merck

Mitsubishi Tanabe Pharma

Novartis

Pfizer

UCB S.A

Key Regions & Countries

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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