Market Research Report
Global Rheumatoid Arthritis Market 2019-2025
|Global Rheumatoid Arthritis Market 2019-2025|
Published: May 15, 2020
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
Global Rheumatoid Arthritis Market Size, Share & Trends Analysis Report by Treatment (Medications and Surgery) and Forecast 2019-2025
The global rheumatoid arthritis market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the increasing prevalence of diabetes and adoption of sedentary lifestyle. With the increasing prevalence of diabetes, measures for diagnosis and treatment are growing at a significant rate, thus, supporting the global rheumatoid arthritis market. The rheumatoid arthritis market is classified on the basis of treatment, which includes medication and surgery. The market for rheumatoid arthritis medications is further segmented into nonsteroidal anti-inflammatory drugs (NSAIDs), disease-modifying anti-rheumatic drugs (DMARDs), biologics, and steroidal medications. Among these medications, DMARDs are one of the major medications prescribed by the rheumatologists for the treatment of rheumatoid arthritis.
Geographically, the global rheumatoid arthritis market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to contribute a significant share in the global market. The growing prevalence of diabetes and fast-moving lifestyle in the US and the presence of major market players, such as Pfizer Inc. and AbbVie Inc., are the factors that are driving the market in this region. Asia-Pacific is expected to project a considerable growth rate in the market during the forecast period. The increasing expenditure of healthcare infrastructure in the emerging economies of the region, such as China and India, is increasing adoption advanced technologies. In addition, the increasing geriatric population in the region have augmented prevalence rate of diabetes, which in turn, is significantly offering growth factor to the rheumatoid arthritis market in the region.
The global rheumatoid arthritis market is influenced by product development and advancements conducted by the market players. The key players of the rheumatoid arthritis market include Amgen Inc., Pfizer Inc., AbbVie Inc., Sanofi SA, Bristol-Myers Squibb Co. Apart from these market players, some other companies that are significantly contributing in the global rheumatoid arthritis market growth includes Eli Lilly and Co., F. Hoffmann-La Roche Ltd., Regeneron Pharmaceuticals Inc., GlaxoSmithKline PLC, Teva Pharmaceutical Industries Ltd., UCB S.A., and Biogen Inc. These players are playing a significant role in the growth of the rheumatoid arthritis market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
The market study of the global rheumatoid arthritis market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
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