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Rising Prevalence
of Rheumatology Diseases to Boost Growth
Rheumatology diseases generally
effects on the supporting and connecting structures and bones of the body such
as joints, muscles, ligaments, tendons and some of the organs of body. It is
characterized by effects on spine and inflammation of joints occurred in some
of the symptoms of rheumatology disease. Early diagnosis and treatment on
symptoms of rheumatology disease. Physicians generally prescribe disease-modifying
anti-rheumatic drugs (DMARD’s) for treatment of rheumatologic disease. Rising
prevalence of rheumatology diseases are boosting requirement of its treatments
which is fuelling growth of the global rheumatology therapeutics market.
Additionally, technological
advancements in pharmaceutical field coupled with increasing investments in
healthcare industry for research and development activities. Rising trend for
fitness globally which is expected to support the growth of rheumatology
therapeutics market. Increasing expenditure on healthcare from mid-earing
population is driving growth of the global rheumatology therapeutics market.
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Availability of
Alternatives for Rheumatology Therapeutics to Hamper Growth
However, launch of biosimilars is key
factors hampering growth of the rheumatology therapeutics market. Rising demand
for biosimilar products are crimping growth of the rheumatology therapeutics
market. Additionally, patent expiry of well-known drugs used in the treatment
of rheumatology diseases is hampering growth of the rheumatology therapeutics
market. Nevertheless, increasing launches of novel biologics drugs and rising
penetration of generic drugs are expected to drive growth of the market.
Increasing approvals for new biologics such as Xeljanz are anticipated to
account for high penetration which is likely to create opportunities in the
global rheumatology therapeutics market.
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This information is comprised in the
new report by TMR, titled “Rheumatology Therapeutics Market (Drug Class -
Disease Modifying Anti-rheumatic Drugs (DMARD’s), Nonsteroidal
Anti-inflammatory Drugs (NSAID’s), Corticosteroids, and Uric Acid Drugs;
Disease Indication - Rheumatoid Arthritis, Osteoarthritis, Gout, Psoriatic
Arthritis, and Ankylosing Spondylitis; Distribution Channel - Hospital
Pharmacy, Retail Pharmacy, and Online Pharmacy) Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2017-2025.”
The global rheumatology therapeutics
market has been segmented as presented:
By Drug Class:
·
·
·
·
By Disease
Indication:
·
·
·
·
·
By Distribution
Channel:
·
·
·
By Geography
·
o U.S.
o Canada
·
o U.K.
o Germany
o France
o Spain
o Italy
o Rest of Europe
·
o China
o Japan
o Australia
o India
o Rest of Asia
Pacific
·
o Brazil
o Mexico
o Rest of Latin
America
·
o South Africa
o Saudi Arabia
o Rest of Middle East
& Africa
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