Rheumatoid Arthritis Treatment Market Trends

  • Report ID: 3311
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Rheumatoid Arthritis Treatment Market Trends

Growth Drivers

  • Increase in Research and Development of Novel Therapies
  • Advancement in Healthcare and Medical Infrastructure

Challenges

  • Side-Effects Associated with the Drugs

Rheumatoid Arthritis Treatment Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.1%

Base Year Market Size (2023)

USD 33.69 billion

Forecast Year Market Size (2036)

USD 72.74 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3311
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increase in research and development activities for novel therapies and advancement in healthcare and medical infrastructure are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2022-2030.

Side-effects associated with the use of DMARDs, NSAIDs and other medication are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing the increased research and development expenditure for rheumatoid arthritis by governmental agencies and improving healthcare infrastructure in the region.

The major players dominating the rheumatoid arthritis treatment market are Sanofi S.A., Pfizer Inc., AbbVie Inc., and Eli Lilly & Company among others.
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