NCR Online Journal

Ankylosing Spondylitis Drugs Market Size Worth USD 8.82 Billion at CAGR of 5.1%, By 2027 | Top Players – Merck & Co., Boehringer Ingelheim, UCB.

 Breaking News
  • No posts were found

Ankylosing Spondylitis Drugs Market Size Worth USD 8.82 Billion at CAGR of 5.1%, By 2027 | Top Players – Merck & Co., Boehringer Ingelheim, UCB.

March 29
01:26 2021
Ankylosing Spondylitis Drugs Market Size Worth USD 8.82 Billion at CAGR of 5.1%, By 2027 | Top Players - Merck & Co., Boehringer Ingelheim, UCB.

Reports and Data
The global ankylosing spondylitis drugs market is forecast to reach USD 8.82 Billion by 2027, according to a new report by Reports and Data.

The rise in the incidence rate of ankylosing spondylitis, the elevating focus on R&D activities, and lack of approval of therapies have resulted in boosting the Ankylosing Spondylitis Drugs market. 

Market Size – USD 5.60 Billion in 2018, Market Growth – CAGR of 5.1%, Market Trends – The rising demand for Ankylosing Spondylitis Drugs in developing regions

The global Ankylosing Spondylitis Drugs Market is forecast to reach USD 8.82 Billion by 2027, according to a new report by Reports and Data. Ankylosing spondylitis (AS) is a chronic condition that has no permanent cure. It can be defined as an inflammatory disease that results in some of the small bones in the spine (vertebrae) to fuse over time. The fusing of the small bones results in making the spine less flexible and can haunch it in a forward position. In case it affects the rib cage, the patient can have an issue with breathing deeply. The condition effects more men as compared to women. Symptoms and signs associated with condition usually initiates in adulthood. Inflammation associated with the condition may also occur in other parts of the body like eyes. Early signs associated with condition may include stiffness and pain in the lower back and hips, particularly in the morning and after prolonged sitting. Fatigue and neck pain are also common in AS. Though there is no cure to the condition with effective medication and treatment, the symptom can be managed and controlled. Various types of medications may help in stopping or delaying spinal problems and ease the pain & swelling. In regards to region, Europe, can be seen to occupy a prominent market share. The market position held by the region is attributed to high prevalence rate of the condition in this region, along with continuously expanding healthcare sector.     

Key participants include Merck & Co., Boehringer Ingelheim, UCB, Amgen, Janssen Biotech, Inc., Johnson & Johnson, Abbvie, Hetero, Zydus Cadila, and Izana Bioscience.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2427

Further key findings from the report suggest

  • The Ankylosing Spondylitis Drugs market held a market value of USD 5.60 Billion in the year 2018 that is forecasted to grow at a rate of 5.1% during the forecast period.
  • In context to Drug Type, the Nonsteroidal Anti-Inflammatory Drugs segment generated the highest revenue of USD 2.58 Billion in 2018, with a CAGR of 5.3% during the forecast period. Its effectiveness in minimizing inflammation, which is a major impact of the diseases and the main goal of the care services, results in a high demand for Nonsteroidal Anti-Inflammatory Drugs among care providers that contributes to the revenue generated by this segment.
  • In context to Route of Administration, the Parenteral segment is projected to witness a faster growth rate of 4.3% during the forecast period, which is expected to occupy 35.0% of the market by 2027. The growth rate witnessed by the segment is attributed to the presence of strong pipeline products and continuous development in biologics that are needed to be administered in this way. The fact that medications, when administered in the form of injectable, works the specific problem area and given prompt result, have resulted in its growing popularity care providers.
  • In context to Distribution Channel, the Online Pharmacy segment is projected to witness the fastest growth rate of 5.8% during the forecast period, which is expected to occupy 26.5% by 2027. The growth of online medicine shops, rising trend of online purchase of medicine due to benefits like comfort, convenience, and various offers in these shops contributes to the growth rate witnessed by this segment.
  • In regards to Application, the Adults segment generated a higher revenue of USD 4.09 Billion in 2018, with a CAGR of 5.5% during the forecast period. The fact that the signs associated with the condition usually initiates in adulthood and appears prior to the age of 45 results in higher application of these medications among adults.


To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/ankylosing-spondylitis-drugs-market

For the purpose of this report, Reports and Data have segmented the global Ankylosing Spondylitis Drugs market, according to Drug Type, Route of Administration, Distribution Channel, Application and Region:

Drug Type Outlook (Revenue, USD Billion; 2016-2027)

  • Nonsteroidal Anti-Inflammatory Drugs
  • Anti-Inflammatory Drugs
  • Immunosuppressive Drugs
  • TNF blockers
  • JAK Inhibitors
  • Steroids
  • Biologics
  • Others

Route of Administration Outlook (Revenue, USD Billion; 2016-2027)

  • Parenteral
  • Oral

Distribution Channel Outlook (Revenue, USD Billion; 2016-2027)

  • Hospitals Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

Application Outlook (Revenue, USD Billion; 2016-2027)

  • Adults
  • Juveniles

Regional Outlook (Revenue, USD Billion; 2016-2027)

  • North America
    • U.S
  • Europe
    • U.K
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • MEA
  • Latin America
    • Brazil

Order Now: @ https://www.reportsanddata.com/checkout-form/2427

Table of Content:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technology
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2018-2027
Chapter 3. Indicative Metrics
Chapter 4. Ankylosing Spondylitis Drugs Market Segmentation & Impact Analysis
    4.1. Ankylosing Spondylitis Drugs Market Segmentation Analysis
    4.2. Industrial Outlook
         4.2.1. Market indicators analysis
         4.2.2. Market drivers analysis
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. ETOP Analysis
    4.6. Porter’s Five Forces Analysis
    4.7. Competitive Metric Space Analysis
    4.8. Price Trend Analysis

….

Chapter 10. Competitive Landscape
    10.1. Market Revenue Share By Manufacturers
    10.2. Manufacturing Cost Breakdown Analysis
    10.3. Mergers & Acquisitions
    10.4. Market positioning
    10.5. Strategy Benchmarking
    10.6. Vendor Landscape
Chapter 11. Company Profiles
    11.1. Merck & Co.
           11.1.1. Company Overview
           11.1.2. Financial Performance
           11.1.3. Technology Insights
           11.1.4. Strategic Initiatives
    11.2. Boehringer Ingelheim
            11.2.1. Company Overview
            11.2.2. Financial Performance
            11.2.3. Technology Insights
            11.2.4. Strategic Initiatives
    11.3. UCB
           11.3.1. Company Overview
           11.3.2. Financial Performance
           11.3.3. Technology Insights
           11.3.4. Strategic Initiatives
    11.4. Amgen
           11.4.1. Company Overview
           11.4.2. Financial Performance
           11.4.3. Technology Insights
           11.4.4. Strategic Initiatives
    11.5. Janssen Biotech, Inc.
           11.5.1. Company Overview
           11.5.2. Financial Performance
           11.5.3. Technology Insights
           11.5.4. Strategic Initiatives
    11.6. Johnson & Johnson
           11.6.1. Company Overview
           11.6.2. Financial Performance
           11.6.3. Technology Insights
           11.6.4. Strategic Initiatives

Continue….

Thank you for reading our report. For customization inquiry or further information, please connect with us and we will ensure you get the report that meets your requirements. 

 

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Media Contact
Company Name: Reports and Data
Contact Person: John Watson
Email: Send Email
Phone: +1-212-710-1370
Address:40 Wall St. 28th floor
City: New York City
State: NY 10005
Country: United States
Website: https://www.reportsanddata.com/press-release/global-ankylosing-spondylitis-drugs-market

Related Articles

Recent Posts

Dental Fluoride Treatment Market Size Worth $15.1 Billion By 2027 Owing To Increasing Prevalence Of Dental Caries And Rise In Awareness About Oral Health | Grand View Research, Inc.

Read Full Article