Global Arthritis Monoclonal Antibodies Market 2022 – Market Opportunities And Strategies
The arthritis monoclonal antibodies market report from The Business Research Company covers growth-driving insights such as arthritis monoclonal antibodies market size, arthritis monoclonal antibodies market trends and drivers, arthritis monoclonal antibodies market segmentation, arthritis monoclonal antibodies market competitive landscape and more
The arthritis monoclonal antibodies market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!
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The Arthritis Monoclonal Antibodies Market Size In 2022 And Forecast
The global arthritis monoclonal antibodies market is expected to grow from $44.14 billion in 2021 to $49.44 billion in 2022 at a compound annual growth rate (CAGR) of 12.07.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The arthritis monoclonal antibodies market is expected to reach $66.45 billion in 2026 at a CAGR of 7.7%.
The arthritis monoclonal antibodies market consists of sales of monoclonal antibodies used for the treatment of arthritis diseases.
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Increase In The Prevalence Of Arthritis Globally Is Driving The Growth Of The Arthritis Monoclonal Antibodies Market
According to the Centre for Disease Control and Prevention (CDC), in 2020, the adult percentage of arthritis is 23% in USA which varies by country and osteoarthritis is the most common form of arthritis followed by gout, fibromyalgia and rheumatoid arthritis. According to WHO, the prevalence of rheumatoid arthritis varies between 0.3% and 1% and the worldwide estimates of osteoarthritis include 9.6% men and 18% women. The increased prevalence of arthritis and thee demand for personalized medicine is increasing the demand for the arthritis monoclonal antibody market.
Competitive Landscape And The Regional Analysis Of The Arthritis Monoclonal Antibodies Market
Major players in the arthritis monoclonal antibodies market are ohnson & Johnson, Roche, Novartis, Pfizer Inc, AbbVie Inc., Amgen Inc., Genentech, GSK, AstraZeneca PLC, and Mylan N.V.
The Arthritis Monoclonal Antibodies Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the arthritis monoclonal antibodies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the arthritis monoclonal antibodies market.
Developing Therapeutic Monoclonal Antibody Products – A Key Trend In The Arthritis Monoclonal Antibodies Market
The development of therapeutic monoclonal antibody products is becoming an indispensable tool in the development of the arthritis monoclonal antibody market. Monoclonal antibodies are more efficient than small molecules and peptides in the treatment of arthritis. These are target specific and have good efficiency for disease treatment. These improved treatment options are evident with the launch of a greater number of monoclonal antibody drugs for arthritis.
Arthritis Monoclonal Antibodies Market Segmentation By The Business Research Company
1) By Drug: Remicade, Humira, Enbrel, Rituxan, Orencia, Actemra, Simponi, Cimzia, Remsima
2) By Application: Rheumatoid Arthritis, Osteoarthritis, Psoriatic Arthritis, Ankylosing Spondylitis, Fibromyalgia, Others
3) By End-User: Hospitals, Research Institutes, Others
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