Global Rheumatoid Arthritis Market to touch USD 46.3 By 2025

Posted On November 04, 2019

As per the report published by the distinguished market research company, Value Market Research, the Global Rheumatoid Arthritis Market was estimated to have a market value of USD 27 BN in 2018 and is expected to surpass USD 46.3 BN by 2025 along with a CAGR of 8% between 2019 and 2025. This disease is common among the older population as the possibility of being affected by this disease increases with age. This has led to many government bodies and private organisations in various countries to initiate awareness programs and to provide insurance to ailing patients suffering from rheumatoid arthritis. Thus, the increasing number of cases of rheumatoid arthritis is the key factor for the growth of the global rheumatoid arthritis market. Smoking and intake of alcohol and soda makes a person more prone to getting affected by this disease and contrary to popular belief rheumatoid arthritis can also cause damage to various body systems such as blood vessels, eyes, heart lungs and skin thus building demand for global rheumatoid arthritis market.

Arthritis is a term that describes a disorder that is responsible for causing the swelling and inflammation of joints. However, there are almost 100 different types of arthritis, a few of which are osteoarthritis, rheumatoid arthritis, psoriatic arthritis, fibromyalgia and gout. Rheumatoid arthritis is an autoimmune disease in which the immune system of the patient’s body forms antibodies against synovial tissue which is a specialised connective tissue and leads to loss of tissue lining. The loss of tissue lining results in friction in the bones due to which they tend to deform. The immune system then mistakenly affects the joints causing pain and inflammation throughout the body. It mostly affects the joints of the hand, wrist, elbows, knees and ankles. It has been observed to be prevalent on a higher ratio among women than in men. It is referred as a systemic disease due its effects on the cardiac and respiratory system as well as a musculoskeletal disease due to its effects on the musculoskeletal system. It can cause immobility, permanent joint damage and even premature death if it is not healed at the right moment.

The report “Global Rheumatoid Arthritis Market Report By Treatment (Symptomatic Treatment, Intermediate Corticosteroid Treatment, Disease Modifying Anti-Rheumatic Drug {DMARD} Therapies), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies And Drug Stores) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025’’ provides information and data analysis of the global market with respect to the segments based on drug type, distribution channel, geography and the key players.

The treatments involved in the global rheumatoid arthritis market are classified as symptomatic treatment, intermediate corticosteroid treatment, disease modifying anti-rheumatic drug therapies. The disease modifying anti-rheumatic drug therapies are further classified into two types – conventional DMARD and biologic DMARD out of which disease modifying anti-rheumatoid drug therapies are preferred widely to the other two treatments.
The distribution channels of the Global Rheumatoid Arthritis Market listed in the report are Hospital Pharmacies, Retail Pharmacies and Drug Stores and it has been observed that Retail Pharmacies have emerged as the leading segment among distribution channels.

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa are the regions over which the Global Rheumatoid Arthritis Market is distributed globally and North America has emerged as the region where the Global Rheumatoid Arthritis Market is thriving the most.

The Report Segments Global Rheumatoid Arthritis Market -
By Treatment

  • Symptomatic Treatment

  • Intermediate Corticosteroid Treatment

  • Disease Modifying Anti-Rheumatic Drug {DMARD} Therapies

  • Conventional DMARD

  • Biologic DMARD

By Distribution Channel

  • Hospital Pharmacies

  • Retail Pharmacies

  • Drug Stores

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa

Players Profiled In the Report:
AbbVie Inc., Amgen Inc., Bristol-Myers Squibb Company, Eli Lilly & Company, F. Hoffman-La Roche AG, Johnson & Johnson, Pfizer Inc., Sanofi SA, Sobi Inc. and UCB S.A among others. 

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