Press Release

Rheumatoid Arthritis Therapeutics Market to Grow at a Steady CAGR of 4.6%

Rheumatoid Arthritis Therapeutics Market by Top International Players are Gilead Sciences, Roche, Eli Lilly and Company, UCB, Bristol-Myers Squibb, Amgen, Pfizer, Celgene, Johnson & Johnson Forecast to 2026

Rheumatoid Arthritis Therapeutics MarketGrowing prevalence of rheumatoid arthritis in developed countries to accelerate the global rheumatoid arthritis therapeutics market revenue to reach US$ 33,958.4 mn by 2025. Fortune Business Insights shares interesting facts and figures in its report, titled “Rheumatoid Arthritis Therapeutics Market Size, Share and Global Trend By Product Type (Biologics, Non-Biologics), By Distribution Channels (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) and Geography Forecast till 2025”. The analysis contained in the report shows that the global rheumatoid arthritis therapeutics market growth is projected to occur at a CAGR of 4.6% during the forecast period.

Get Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/rheumatoid-arthritis-therapeutics-market-100488

Key Players:

  • Gilead Sciences
  • Roche
  • Eli Lilly and Company
  • UCB
  • Bristol-Myers Squibb
  • Amgen
  • Pfizer
  • Celgene
  • Johnson & Johnson

Browse Complete Report: https://www.fortunebusinessinsights.com/industry-reports/rheumatoid-arthritis-therapeutics-market-100488

Staggering Rise in Prevalence of Rheumatoid Arthritis to Drive the Market

According to the WHO, more than 23 million people in the world live with rheumatoid arthritis. The WHO also highlights the fact that twice as many women are affected by the disease than men, with the prevalence varying between 0.3% and 1% globally. The global rheumatoid arthritis therapeutics market size is slated to substantially expand in view of these numbers. Moreover, the Global RA Network predicts that the incidence of rheumatoid arthritis will double by 2030 due to increasing population in Asia-Pacific and rising geriatric population in developed nations. According to the Centers for Disease Control and Prevention (CDC), other factors that can increase the risk of rheumatoid arthritis include genetics, smoking, obesity, non-pregnancy, and sex.

Increased Focus on Research to Elevate Market Competition

Key players in the global market are adopting various strategies to stay ahead of the competition, the most dominant one being research and development. For example, in 2016, Bristol-Myers Squibb Company conducted extensive research on anti-cyclic citrullinated protein antibodies (ACPA), which has enhanced the medical community’s capability for prognosis of the rheumatoid arthritis. Regular FDA approvals have also encouraged investments in the global rheumatoid arthritis therapeutics market. For instance, Unichem’s treatment capsules for rheumatoid and osteoarthritis, Piroxicam, got FDA clearance in April 2017.

Fortune Business Insights profiles some of the key players in the market including Gilead Sciences, Inc., Pfizer Inc., Hoffmann-La Roche Ltd, Eli Lilly and Company, Johnson & Johnson Services, Inc., Bristol-Myers Squibb Company, UCB S.A., CELGENE CORPORATION, and others.

North America to Lead the Pack with a Dominant Market Share

North America, followed by Europe, is anticipated to hold a commanding chunk of the global rheumatoid arthritis therapeutics market share. This is primarily a result of higher investments in healthcare and growing prevalence and awareness about the disease. Asia-Pacific is expected to significantly expand the global rheumatoid arthritis therapeutics market size owing to rapidly developing healthcare infrastructure and increasing demand for rheumatoid arthritis treatments and procedures. In Latin America, the Middle East, and Africa the market for rheumatoid arthritis therapeutics is expected to grow, but at a slower pace.

View More Reports:

Eye Supplements Market Global Key Leaders Analysis, Segmentation, Growth, Future Trends, Forecast till 2026

Capnography Equipment Market Trends, Size, Growth Insight, Share, Emerging Technologies, Forecast by 2026

Cardiometabolic Disease Market Worldwide Opportunities, Regional Overview, Leading Company Analysis and Share Forecast To 2026 | Fortune Business Insights

Breast Imaging Market Emerging Technologies, Key Players Analysis, Development Status, Opportunity Assessment and Industry Expansion Strategies 2026

About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: [email protected]

Linkedin | Twitter | BLogs

Tags

Related Articles

Close