(Companies Covered: Johnson & Johnson, Roche, Novartis, Pfizer Inc, AbbVie Inc., Amgen Inc., Genentech, GSK, AstraZeneca PLC, Mylan N.V, Bristol Myers Squibb, Eli Lily and Company, Thermofischer Scientific)
The global arthritis monoclonal antibodies market is expected to decline from $46.48 billion in 2019 to $45.18 billion in 2020 at a compound annual growth rate of -2.8%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $56.05 billion in 2023 at a compound annual growth rate of 7.45%.
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The arthritis monoclonal antibodies market consists of sales of monoclonal antibodies used for the treatment of arthritis diseases. Arthritis is referred to as the joint pain that is characterized by inflammation, tenderness, pain and stiffness in and around the joints. Different monoclonal antibody drugs are used for the treatment of arthritis. These include infliximab, adalimumab and golimumab. The market consists of revenue generated by the companies manufacturing monoclonal antibody drugs for arthritis by the sales of these products.
Global Arthritis Monoclonal Antibodies (mabs) Market Segmentation –
1) By Drug: Remicade, Humira, Enbrel, Rituxan, Orencia, Actemra, Simponi, Cimzia, Remsima.
2) By Application: Rheumatoid Arthritis, Osteoarthritis, Psoriatic Arthritis, Ankylosing Spondylitis, Fibromyalgia, Others.
Global Arthritis Monoclonal Antibodies (mabs) Market Driver –
The increasing prevalence of arthritis globally has contributed to the growth of the arthritis monoclonal antibody market.
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Few Points From The Global Arthritis Monoclonal Antibodies (mabs) Market TOC
1. Executive Summary
2. Arthritis Monoclonal Antibodies (mabs) Market Characteristics
3. Arthritis Monoclonal Antibodies (mabs) Market Size And Growth
3.1. Global Arthritis Monoclonal Antibodies (mabs) Historic Market, 2015 - 2019, $ Billion
4. Arthritis Monoclonal Antibodies (mabs) Market Segmentation
4.1. Global Arthritis Monoclonal Antibodies (mabs) Market, Segmentation By Drug, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Arthritis Monoclonal Antibodies (mabs) Market Regional And Country Analysis
5.1. Global Arthritis Monoclonal Antibodies (mabs) Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Arthritis Monoclonal Antibodies (mabs) Market
6.1. Asia-Pacific Arthritis Monoclonal Antibodies (mabs) Market Overview
6.2. Asia-Pacific Arthritis Monoclonal Antibodies (mabs) Market, Segmentation By Drug, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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