The Rheumatoid Arthritis Drugs Global Market Report 2023, provides comprehensive information on the rheumatoid arthritis drugs market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Rheumatoid Arthritis Drugs Global Market Report 2023, the global rheumatoid arthritis market size is expected to grow from $60.61 billion in 2022 to $60.82 billion in 2023 at a compound annual growth rate (CAGR) of 0.34%. 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, causing inflation across goods and services and affecting many markets across the globe. The global rheumatoid arthritis market size is expected to reach $63.26 billion in 2027 at a CAGR of 0.99%.
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Product innovations are a key trend gaining popularity in the rheumatoid arthritis drug market. Companies operating in the rheumatoid arthritis drugs market are adopting new product launches to sustain their position in the market. For instance, in August 2022, R-Pharm, a Russian private high-tech pharmaceutical company, launched Olokizumab, which is a humanized monoclonal antibody that specifically attacks the cytokine interleukin-6. This messenger molecule has a role in the advancement of joint destruction in rheumatoid arthritis and, like TNF (tumour necrosis factor), triggers inflammatory responses in the body, which lowers the disease activity in many rheumatoid arthritis patients.
The rheumatoid arthritis drugs market is segmented:
1) By Drug Type: Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), Corticosteroids, Disease-Modifying Antirheumatic Drugs (DMARDs), Biologic Response Modifiers (BRMs), Other Drug Types
2) By Route Of Administration: Oral, Parenteral, Topical, Other Route Of Administrations
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
North America was the largest region in the rheumatoid arthritis drugs market in 2022.
The table of contents in TBRC’s rheumatoid arthritis drugs market report includes:
- Executive Summary
- Rheumatoid Arthritis Drugs Market Characteristics
- Rheumatoid Arthritis Drugs Market Trends And Strategies
- Rheumatoid Arthritis Drugs Market – Macro Economic Scenario
- Rheumatoid Arthritis Drugs Market Size And Growth
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- Africa Rheumatoid Arthritis Drugs Market
- Rheumatoid Arthritis Drugs Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Rheumatoid Arthritis Drugs Market
- Rheumatoid Arthritis Drugs Market Future Outlook and Potential Analysis
- Appendix
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