Ankylosing Spondylitis Treatment Market Report: Trends, Forecast and Competitive Analysis to 2030

Ankylosing Spondylitis Treatment Trends and Forecast

The future of the global ankylosing spondylitis treatment market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets. The global ankylosing spondylitis treatment market is expected to reach an estimated $8.4 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rising occurence of ankylosing spondylitis, growing awareness and diagnosis of condition, and advancement in ankylosing spondylitis therapy.

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Ankylosing Spondylitis Treatment by Segment

The study includes a forecast for the global ankylosing spondylitis treatment by drug class, distribution channel, and region.

Ankylosing Spondylitis Treatment Market by Drug Class [Shipment Analysis by Value from 2018 to 2030]:

• NSAIDs
• TNF Inhibitors
• Others

Ankylosing Spondylitis Treatment Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy

Ankylosing Spondylitis Treatment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ankylosing Spondylitis Treatment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ankylosing spondylitis treatment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ankylosing spondylitis treatment companies profiled in this report include-

• Novartis
• Amgen
• Boehringer Ingelheim International
• UCB Biopharma
• AbbVie

Ankylosing Spondylitis Treatment Market Insights

Lucintel forecasts that NSAIDs will remain the larger segment over the forecast period due to growth of ankylosing spondylitis.

Within this market, retail pharmacy will remain the largest segment due to growing number of retail pharmacies and it is easy to reach for patients.

North America will remain the largest region over the forecast period due to growth of geriatric population and supportive government initiatives.

Features of the Global Ankylosing Spondylitis Treatment Market

Market Size Estimates: Ankylosing spondylitis treatment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Ankylosing spondylitis treatment market size by drug class, distribution channel, and region in terms of value ($B).

Regional Analysis: Ankylosing spondylitis treatment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different drug classes, distribution channels, and regions for the ankylosing spondylitis treatment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ankylosing spondylitis treatment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the ankylosing spondylitis treatment market size?

Answer: The global ankylosing spondylitis treatment market is expected to reach an estimated $8.4 billion by 2030.

Q2. What is the growth forecast for ankylosing spondylitis treatment market?

Answer: The global ankylosing spondylitis treatment market is expected to grow with a CAGR of 6.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the ankylosing spondylitis treatment market?

Answer: The major drivers for this market are rising occurence of ankylosing spondylitis, growing awareness and diagnosis of condition, and advancement in ankylosing spondylitis therapy.

Q4. What are the major segments for ankylosing spondylitis treatment market?

Answer: The future of the ankylosing spondylitis treatment market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets.

Q5. Who are the key ankylosing spondylitis treatment market companies?

Answer: Some of the key ankylosing spondylitis treatment companies are as follows:

• Novartis
• Amgen
• Boehringer Ingelheim International
• UCB Biopharma
• AbbVie

Q6. Which ankylosing spondylitis treatment market segment will be the largest in future?

Answer: Lucintel forecasts that NSAIDs will remain the larger segment over the forecast period due to growth of ankylosing spondylitis.

Q7. In ankylosing spondylitis treatment market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growth of geriatric population and supportive government initiatives.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the ankylosing spondylitis treatment market by drug class (NSAIDs, TNF inhibitors, and others), distribution channel (hospital pharmacy, retail pharmacy, and online pharmacy), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?