Global Arthritis Monoclonal Antibodies Market Size, Share, Trends And Drivers 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
North America held the largest arthritis monoclonal antibodies market share.
The global arthritis monoclonal antibodies market is expected to grow from $49.44 billion in 2022 to $53.81 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The arthritis monoclonal antibodies market is expected to grow from $71.66 billion in 2027 at a CAGR of 7.4%.
Major Driver In The Arthritis Monoclonal Antibodies Market – Increase In The Prevalence Of Arthritis Globally
According to WHO, the prevalence of rheumatoid arthritis is between 0.3% and 1%, and osteoarthritis affects 9.6% of men and 18% of women worldwide. The increased prevalence of arthritis, as well as the demand for personalised medication, are driving the arthritis monoclonal antibody market.
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Key Arthritis Monoclonal Antibodies Market Segments
1) By Drug: Remicade, Humira, Enbrel, Rituxan, Orencia, Actemra, Simponi, Cimzia, Remsima
2) By Application: Rheumatoid Arthritis, Osteoarthritis, Psoriatic Arthritis, Ankylosing Spondylitis, Fibromyalgia, Other Applications
3) By End-Use: Hopitals, Research Institutes, Other End-Users
Recent Arthritis Monoclonal Antibodies Market Trend – Developing Therapeutic Monoclonal Antibody Products
The development of therapeutic monoclonal antibody products is quickly becoming an essential instrument in the growth of the arthritis monoclonal antibody industry. In the therapy of arthritis, monoclonal antibodies outperform small compounds and peptides. These are target selective and effective for disease treatment. The introduction of a greater number of monoclonal antibody medicines for arthritis demonstrates these better therapy possibilities.
Arthritis Monoclonal Antibodies Market Prominent Players
Major players in the arthritis monoclonal antibodies market are Johnson & Johnson, Roche, Novartis, Pfizer Inc., AbbVie Inc., Amgen Inc., Genentech, GSK, AstraZeneca PLC., and Mylan N.V.
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The Arthritis Monoclonal Antibodies Global Market Report 2023 provides a comprehensive overview on the arthritis monoclonal antibodies market size, trends and drivers, opportunities, strategies, and companies analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Arthritis monoclonal antibodies are a complex and effective type of biologic drugs used to treat rheumatoid arthritis and other immune-mediated inflammatory disorders. They diminish arthritis-related joint pain and swelling, as well as other inflammation-related symptoms, by inhibiting the inflammatory protein interleukin-6. They reduce the body’s defence system to prevent the body from rejecting the new organ following surgery.
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