Rheumatoid arthritis (RA) is a chronic inflammatory disease, which generally leads to disability, progressive joint deformity, and occasionally premature death. RA may affect many tissues and organs, but it principally attacks the joints, producing an inflammatory synovitis that often progresses to destruction of the articular cartilage and ankylosis of the joints. The treatment options available for rheumatoid arthritis are nonsteroidal anti-inflammatory drugs (NSAIDs), corticosteroids, disease-modifying antirheumatic drugs (DMARDs) and biologic response modifiers (biologics).
MARKET DYNAMICS
The rheumatoid arthritis market is anticipated to grow in the forecast period owing to driving factors such as rise in prevalence of arthritis, increasing acceptance of biopharmaceuticals, and presence of well-defined regulatory guidelines in developed economies. However, the accessibility of the treatment, patent expiration of blockbuster drugs and alternative treatment options for rheumatoid arthritis are projected to hamper the market growth.
MARKET SCOPE
The "Global Rheumatoid Arthritis Market Analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of rheumatoid arthritis market with detailed market segmentation by molecule type, product, distribution channel and geography. The global rheumatoid arthritis market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rheumatoid arthritis market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global rheumatoid arthritis market is segmented on the basis of molecule type, product and distribution channel. Based on molecule type, the market is segmented as pharmaceuticals and biologics & biosimilars. The rheumatoid arthritis market, based on product is segmented into prescription and over-the-counter (OTC). By distribution channel the rheumatoid arthritis market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global rheumatoid arthritis market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The rheumatoid arthritis market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting rheumatoid arthritis market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the rheumatoid arthritis market in these regions.
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MARKET PLAYERSThe reports cover key developments in the rheumatoid arthritis market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from rheumatoid arthritis market are anticipated to lucrative growth opportunities in the future with the rising demand for rheumatoid arthritis market in the global market. Below mentioned is the list of few companies engaged in the rheumatoid arthritis market.
The report also includes the profiles of key rheumatoid arthritis market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-AbbVie
-Boehringer Ingelheim GmbH
-Novartis
-Regeneron Pharmaceuticals Inc.
-Pfizer, Inc.
-Bristol-Myers Squibb
-F. Hoffmann-La Roche AG
-Johnson & Johnson Services, Inc.
-UCB S.A.
-Amgen Inc.
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