PUBLISHER: The Business Research Company | PRODUCT CODE: 1763094
PUBLISHER: The Business Research Company | PRODUCT CODE: 1763094
Simponi and Simponi Aria (Golimumab) are biologic medications that target tumor necrosis factor-alpha (TNF-alpha) to help reduce inflammation in autoimmune conditions. They are prescribed to treat rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, and ulcerative colitis.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Primary types of simponi and simponi aria (Golimumab) include type I, type II, type III, and type IV. These medications are administered via key routes such as subcutaneous injection and intravenous infusion. The main clinical indications for their use are rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, and ulcerative colitis. They are primarily utilized in hospitals and clinics.
The simponi, simponi aria (golimumab) market research report is one of a series of new reports from The Business Research Company that provides simponi, simponi aria (golimumab) market statistics, including simponi, simponi aria (golimumab) industry global market size, regional shares, competitors with a simponi, simponi aria (golimumab) market share, detailed simponi, simponi aria (golimumab) market segments, market trends and opportunities, and any further data you may need to thrive in the simponi, simponi aria (golimumab) industry. This simponi, simponi aria (golimumab) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The simponi, simponi aria (golimumab) market size is expected to see strong growth in the next few years. It will grow to $32,213 million in 2029 at a compound annual growth rate (CAGR) of 10%. The growth in the forecast period can be attributed to rising geriatric population with autoimmune conditions, increasing prevalence of inflammatory bowel diseases, expanding treatment options for arthritis and colitis, ongoing clinical trials for additional indications, and focus on cost-effective biologic solutions. Major trends in the forecast period include rising adoption of biosimilars in autoimmune treatment, growth of subcutaneous delivery methods, increasing use of combination therapies, expansion in biologics market share, and integration of AI and machine learning in patient management.
The rising prevalence of autoimmune diseases is expected to drive the growth of the simponi, simponi aria (golimumab) market. Autoimmune diseases occur when the body's immune system mistakenly attacks its own healthy cells and tissues, treating them as foreign invaders. The incidence of rheumatoid arthritis is increasing due to a combination of genetic, environmental, and lifestyle factors. Simponi and Simponi Aria (golimumab) are effective biologic treatments that target autoimmune diseases like rheumatoid arthritis, ulcerative colitis, ankylosing spondylitis, and psoriatic arthritis. For example, in May 2022, the Pain Relief Foundation, a UK-based charity, reported that arthritis and musculoskeletal conditions affect over 17 million people in the UK, leading to 30 million lost working days each year. Additionally, chronic pain impacts up to 62% of those over 75, highlighting the growing burden of pain due to an aging population. Consequently, the increasing prevalence of autoimmune diseases is contributing to the growth of the simponi, simponi aria (golimumab) market.
A key trend in the simponi, simponi aria (golimumab) market is the development of cost-effective alternatives to Simponi (golimumab) to improve patient access to biologic treatments for autoimmune diseases in the EU and UK. Golimumab biosimilars are biologic drugs that closely resemble the original Simponi and are used to treat autoimmune conditions, offering comparable safety and efficacy at potentially lower costs. For example, in May 2024, Bio-Thera Solutions, a China-based biopharmaceutical company, and STADA Arzneimittel AG, a German pharmaceutical company, entered into an exclusive commercialization and licensing agreement for BAT2506, a biosimilar to Simponi. Bio-Thera is responsible for the development, manufacturing, and supply of BAT2506, while STADA has exclusive rights to commercialize it in the EU, UK, Switzerland, and select other countries. This collaboration aims to provide an affordable, high-quality alternative to Simponi for treating autoimmune diseases like rheumatoid arthritis and psoriatic arthritis. The agreement also includes potential milestone payments, emphasizing the importance of expanding access to biologic treatments in immunology.
In May 2023, Alvotech, an Icelandic biotechnology company, announced a partnership with Advanz Pharma to improve patient access to affordable biologics. This partnership leverages Alvotech's expertise in the development and commercial supply alongside Advanz Pharma's capabilities in registration and commercialization within the European market. Advanz Pharma, a UK-based biotechnology company, is involved in the development of biologics such as simponi.
Major players operating in the simponi, simponi aria (golimumab) market are Merck & Co. Inc., Johnson & Johnson, and Alvotech.
North America was the largest region in the simponi, simponi aria (golimumab) market in 2024. The regions covered in simponi and simponi aria (golimumab) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the simponi and simponi aria (golimumab) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The simponi and simponi aria (golimumab) market consists of sales of syringes, autoinjectors, and intravenous infusion formulations. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Simponi, Simponi Aria (Golimumab) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on simponi, simponi aria (golimumab) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for simponi, simponi aria (golimumab) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The simponi, simponi aria (golimumab) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.