Latest TNF Alpha Inhibitors Market Growth Study 2022-2026 By The Business Research Company
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The TNF alpha inhibitors market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 2%, as per The Business Research Company’s market report!
Read More On The TNF Alpha Inhibitors Market Report 2022 – https://www.thebusinessresearchcompany.com/report/TNF-alpha-inhibitor-global-market-report
The TNF Alpha Inhibitors Market Size In 2022 And Forecast
The global TNF alpha inhibitors market is expected to grow from $38.56 billion in 2021 to $40.73 billion in 2022 at a compound annual growth rate (CAGR) of 5.6%. 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 TNF alpha inhibitors market is expected to reach $43.83 billion in 2026 at a CAGR of 1.9%.
The TNF alpha inhibitors market consists of sales of tumor necrosis factor-alpha (TNF-a) inhibitors by entities that manufacture TNF alpha inhibitors.
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Growth In Prevalence Of Inflammatory Diseases Is Driving The Growth Of The TNF Alpha Inhibitors Market
Globally, the prevalence of inflammatory bowel disease (IBD) is about 0.5-24.5 cases for ulcerative colitis per 100,000 person-years and 0.1-16 cases for Crohn’s disease per 100,000 person-years, and overall, IBD prevalence is 396 cases per 100,000 people each year. Thus, the increasing number of cases of inflammatory diseases increases the demand for TNF alpha inhibitors contributing to the growth of the market.
Competitive Landscape And The Regional Analysis Of The TNF Alpha Inhibitors Market
Major players in the TNF alpha inhibitors market are AbbVie Inc., Amgen Inc., Johnson & Johnson Services Inc., UCB S.A, Novartis International AG, Pfizer Inc., Merck & co. Inc., Janssen Biotech, Ablynx, and Momenta Pharmaceuticals.
The TNF Alpha Inhibitors 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 TNF alpha inhibitors 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 TNF alpha inhibitors market.4
TNF Alpha Inhibitors Market Segmentation By The Business Research Company
1) By Drug: Remicade (Infliximab), Enbrel (Etanercept), Humira (Adalimumab), Cimzia (Certolizumab Pegol), Simponi (Golimumab)
2) By Route of Administration: Oral, Subcutaneous, Intravenous, Others
3) By Disease Type: Inflammatory Bowel Disease, Psoriatic Arthritis, Ulcerative Colitis (UC), Rheumatoid Arthritis, Ankylosing Spondylitis, Others
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