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Global Anti-Rheumatics Market Research Report:
The latest report by IMARC, titled “
Anti-Rheumatics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 -2028
” " the global anti-rheumatics market reached a value of US$ 62.8 Billion in 2022.
Rheumatoid arthritis is a chronic, autoimmune disease that affects the joints, articular tissues, and extra-articular organs. It is a progressive disorder that results in pain, inflammation, stiffness, and swelling of joints. Anti-rheumatics refer to drugs used to manage different symptoms of rheumatoid arthritis and modify the course of the disease. They can be administered subcutaneously (SC), orally, or intravenously (IV) into the body of the patient.
Anti-rheumatics are also used to treat various types of cancer, and bowel, connective tissue, and autoimmune conditions, such as psoriatic arthritis, lupus, Sjogren syndrome (SS), systemic sclerosis (SSc), and systematic lupus erythematosus. Medical practitioners usually prescribe the drug to reduce pain, prevent bone deformity, reduce joint damage, preserve the structure and function of the joints, slow the progression of arthritis, and improve the person’s overall function.
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The rising incidences of rheumatoid arthritis, especially among the steadily growing geriatric population, are creating a positive outlook for the market. Anti-rheumatic drugs are widely used to treat rheumatoid arthritis and inflammatory diseases that cause swelling in joints and damage the eyes, lungs and skin. In line with this, the increasing incidences of obesity due to unhealthy eating habits and changing lifestyles of the masses are further favoring the market growth. Apart from this, rapid technological advancements in the field of biosimilars and novel biologic therapies that act faster than conventional drugs and are provided in combination with the disease-modifying anti-rheumatic drug (DMARD) to patients are providing an impetus to the market growth.
Moreover, the widespread adoption of prescription-based medications due to the increasing number of specialized hospitals worldwide is augmenting the market growth. Other factors, including the rising expenditure capacities of consumers, availability of early diagnosis and treatment options, and continuous research and development (R&D) activities to lower the side effects of the drug, are anticipated to drive the market toward growth. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 73.9 Billion by 2028, growing at a CAGR of 2.7% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Market Summary:
Breakup by Type:
• Prescription-based Drugs
• Over-the-Counter Drugs
Breakup by Drug Class:
• Disease Modifying Anti-Rheumatics Drugs (DMARD's)
• Nonsteroidal Anti-Inflammatory Drugs (NSAID's)
• Corticosteroids
• Uric Acid Drugs
• Others
Breakup by Route of Drug Administration:
• Oral
• Parenteral
• Others
Breakup by Distribution Channel:
• Hospital Pharmacies
• Retail Pharmacies
• E-Commerce
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
• AbbVie Inc
• Amgen Inc.
• AstraZeneca plc
• Biogen Inc.
• Bristol-Myers Squibb Company
• Celltrion Inc.
• Eli Lilly and Company
• F. Hoffmann-La Roche AG
• Johnson & Johnsons
• Pfizer Inc.
• Sanofi SA
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