Rheumatoid Arthritis Therapeutics Market

Market Introduction of Rheumatoid Arthritis Therapeutics Market

Inflammation and discomfort in the joints are symptoms of the disease rheumatoid arthritis. Although it affects people of all ages, the elderly population is particularly vulnerable to this condition. Rheumatoid arthritis symptoms include stiffness, joint pain, tenderness, and swelling. There is currently no treatment for rheumatoid arthritis. However, some medications, such as disease-modifying anti-rheumatic medicines (DMARDs), nonsteroidal anti-inflammatory drugs (NSAIDs), corticosteroids, and uric acid medications, are effective in controlling the symptoms of rheumatoid arthritis the need for imaging methods.

What is the Market Size of Rheumatoid Arthritis Therapeutics in terms of value?

With a CAGR of 4.40%, the market for rheumatoid arthritis treatments is anticipated to expand rapidly over the coming years. Therapeutics for rheumatoid arthritis were predicted to have a market value of roughly USD 22.5 billion in 2021 and USD 29.13 billion by 2028. The market for Rheumatoid Arthritis Therapeutics is anticipated to increase dramatically in the next years, with potential revenue of USD 6.63 billion for the top industry participants between 2022 and 2028.

Which is the key Molecule Type segment in the Rheumatoid Arthritis Therapeutics Market?

The Biopharmaceuticals segment registered a revenue share of over 55.0% of the total Rheumatoid Arthritis Therapeutics in 2021. The biopharmaceutical category dominated the market, accounting for over 57.0% of the whole market. By 2025, the market leader is expected to continue to gain market share from its rival. For this illness, pharmaceuticals are typically utilized as the first line of treatment. However, due to biopharmaceuticals’ higher therapeutic output and disease remittance action, their demand is lower than that of biopharmaceuticals. Biologics and biosimilars are subcategories of biopharmaceuticals. Physicians prefer biologic medications to biosimilars when treating R.A., and biologic pharmaceuticals are expected to rule the market for the projection period. Throughout the projected period, biologic pharmaceuticals are anticipated to hold the largest market share in developed nations.

Interesting Facts about the Rheumatoid Arthritis Therapeutics Industry

• The top countries in the Rheumatoid Arthritis Therapeutics market are the US, Canada, China, Germany, Russia, and France.
• The major factors driving the growth of the rheumatoid arthritis drugs market are the rise in rheumatoid arthritis prevalence, rise in demand for rheumatoid arthritis drugs, expiration of patents & the entry of biosimilar drugs, rise in geriatric population, rise in adoption of conventional DMARDs, and government initiatives to spread awareness of rheumatoid arthritis symptoms.
• The medication’s accessibility, the patent expiration of popular pharmaceuticals, and other rheumatoid arthritis treatment choices are all predicted to limit the market’s growth.
• The North American region dominated the market for rheumatoid arthritis therapeutics in terms of volume and value in 2021.
• The expansion of biopharmaceuticals is expected to be rapid.

Who are the Top players/companies in the Rheumatoid Arthritis Therapeutics market in terms of value?

AbbVie, Boehringer Ingelheim GmbH, Novartis AG, Regeneron Pharmaceuticals, Inc., Pfizer, Inc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., UCB S.A., Johnson & Johnson Services, Inc., and Amgen, Inc. are the leading companies in the global market for rheumatoid arthritis therapeutics in terms of value. These large corporations are concentrating on technological breakthroughs and new product innovations to expand the production of Rheumatoid Arthritis Therapeutics and seize a competitive market share globally. Additionally, several local and national businesses are investing heavily to broaden their product lines and increase sales. For instance, Xbrane Biopharma AB and Biogen Inc. signed a commercialization and licensing agreement in February 2022 to develop, produce, and commercialize Xcimzane. This preclinical monoclonal antibody is a biosimilar of CIMZIA for the treatment of rheumatoid arthritis.

Who are the Top 10 Countries for the Rheumatoid Arthritis Therapeutics Market?

The leading nations in the global market for Rheumatoid Arthritis Therapeutics are China, India, Mexico, the United States, Canada, the United Kingdom, Germany, France, South Africa, and Brazil. The U.S. is the largest market for Rheumatoid Arthritis Therapeutics, accounting for a sizeable volume share of the global market in 2021. The region is growing due to rising R.A. prevalence, greater patient understanding of disease remittance therapies, and high public and private healthcare spending.

Which is the key Sales Channel used in the Rheumatoid Arthritis Therapeutics Market?

The Over-the-Counter (OTC) category dominated the Rheumatoid Arthritis Therapeutics market in 2021. Patients are increasingly selecting prescription drugs over over-the-counter ones in recent years. The increase in knowledge of novel disease reversal treatment alternatives caused the shift. Due to an increase in rheumatologist consultations, the prescription category is predicted to dominate the market for rheumatoid arthritis medications over the projected period. Patients with R.A. should see rheumatologists and adhere to recommended therapy because prolonged misuse of R.A. medications may result in drug resistance.

Additionally, there aren’t many over-the-counter (OTC) drugs accessible for treatment. Active substances, including acetaminophen and diclofenac, are found in OTC products. Due to the approval of novel treatments with fewer side effects and growing awareness of illness remittance prescription medications for arthritis, it is anticipated that the share of these OTC drugs will decline throughout the projection period. Additionally, consistent OTC painkillers may have harmful side effects, including habit building and liver damage.

What are the Major Driving Factors for the Rheumatoid Arthritis Therapeutics Market?

The major factors driving the growth of the rheumatoid arthritis drugs market are the rise in rheumatoid arthritis prevalence, rise in demand for rheumatoid arthritis drugs, expiration of patents & the entry of biosimilar drugs, rise in geriatric population, rise in adoption of conventional DMARDs, and government initiatives to spread awareness of rheumatoid arthritis symptoms. The development of sophisticated biologics, rising healthcare spending, rising purchasing power, and increasing access to high-quality drugs for low-income and middle-class families globally are other factors that contribute to the market’s growth.

What are the Major Restraints for the Rheumatoid Arthritis Therapeutics Market?

The market’s expansion is anticipated to be constrained by the availability of the treatment, the patent expiration of well-liked drugs, and alternative rheumatoid arthritis treatment options. These factors collectively constitute the primary restraint of the global market for rheumatoid arthritis therapeutics. However, it is projected that the two primary market restraints would be adverse medication reactions and the high cost of biological DMARD therapy.

Which Region Dominated the World Rheumatoid Arthritis Therapeutics Market?

In 2021, North America dominated the global Rheumatoid Arthritis Therapeutics market and accounted for a major market revenue share. The region is growing due to rising R.A. prevalence, increased patient awareness of disease-modifying therapies, and high public and private healthcare spending. Additionally, it is anticipated that simple access to high-quality healthcare, kind reimbursement systems, a robust trial pipeline, and the approval of innovative pharmaceuticals will support revenue growth in North America.

In addition to leading regional growth, the U.S. significantly contributes to global revenue. Rheumatoid arthritis affects 860 people in the nation for every 100,000 people. Latin America and the Middle East and Africa (MEA), which are price-sensitive regions, accept generic medications more readily than innovator biologics since they are less expensive, which is rising the interest in new technology in that region. Henceforth which is growing the demand for Rheumatoid Arthritis Therapeutics.

Segmentation of Global Rheumatoid Arthritis Therapeutics Market-

Global Rheumatoid Arthritis Therapeutics Market – By Molecule Type

• Pharmaceuticals
• Biopharmaceuticals

Global Rheumatoid Arthritis Therapeutics Market – By Sales Channel Outlook

• Prescription
• Over-the-Counter (OTC)

Global Rheumatoid Arthritis Therapeutics Market – By Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Rheumatoid Arthritis Therapeutics Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Rheumatoid Arthritis Therapeutics Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Molecule Type
3.3.2. Sales Channel
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Competitive Benchmarking
4.3. Geographical Presence Analysis
4.4. Major Strategies Adopted by Key Players
4.4.1. Key Strategies Analysis
4.4.2. Mergers and Acquisitions
4.4.3. Partnerships
4.4.4. Product Launch
4.4.5. Geographical Expansion
4.4.6. Others

5. COVID 19 Impact Analysis
5.1. Global Rheumatoid Arthritis Therapeutics Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Rheumatoid Arthritis Therapeutics Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Pharmaceuticals
6.2.3. Biopharmaceuticals
6.3. North America Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Prescription
6.3.3. Over-the-Counter (OTC)

7. Europe
7.1. Europe Rheumatoid Arthritis Therapeutics Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Pharmaceuticals
7.2.3. Biopharmaceuticals
7.3. Europe Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Prescription
7.3.3. Over-the-Counter (OTC)

8. Asia Pacific
8.1. Asia Pacific Rheumatoid Arthritis Therapeutics Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Pharmaceuticals
8.2.3. Biopharmaceuticals
8.3. Asia Pacific Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Prescription
8.3.3. Over-the-Counter (OTC)

9. Latin America
9.1. Latin America Rheumatoid Arthritis Therapeutics Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Pharmaceuticals
9.2.3. Biopharmaceuticals
9.3. Latin America Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Prescription
9.3.3. Over-the-Counter (OTC)

10. Middle East
10.1. Middle East Rheumatoid Arthritis Therapeutics Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Pharmaceuticals
10.2.3. Biopharmaceuticals
10.3. Middle East Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Prescription
10.3.3. Over-the-Counter (OTC)

11. Africa
11.1. Africa Rheumatoid Arthritis Therapeutics Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Pharmaceuticals
11.2.3. Biopharmaceuticals
11.3. Africa Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Prescription
11.3.3. Over-the-Counter (OTC)

12. Global
12.1. Global Rheumatoid Arthritis Therapeutics Market, by Molecule Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Pharmaceuticals
12.1.3. Biopharmaceuticals
12.2. Global Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Prescription
12.2.3. Over-the-Counter (OTC)

13. Company Profiles
13.1. AbbVie
13.2. Boehringer Ingelheim GmbH
13.3. Novartis AG
13.4. Regeneron Pharmaceuticals, Inc.
13.5. Pfizer, Inc.
13.6. Bristol-Myers Squibb Company
13.7. F. Hoffmann-La Roche Ltd.
13.8. UCB S.A.
13.9. Johnson & Johnson Services, Inc.
13.10. Amgen, Inc.
13.11. Others

List of Figures

FIG. 1 Global Rheumatoid Arthritis Therapeutics Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Rheumatoid Arthritis Therapeutics Market Segmentation
FIG. 4 Global Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2021 (US$ Bn)
FIG. 5 Global Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2021 (US$ Bn)
FIG. 6 Global Rheumatoid Arthritis Therapeutics Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Molecule Type , 2021
FIG. 8 Attractive Investment Proposition, by Sales Channel, 2021
FIG. 9 Attractive Investment Proposition, by Geography, 2021
FIG. 10 Global Market Positioning of Key Rheumatoid Arthritis Therapeutics Market Manufacturers, 2019
FIG. 11 Global Rheumatoid Arthritis Therapeutics Market Value Contribution, By Molecule Type , 2021 & 2028 (Value %)
FIG. 12 Global Rheumatoid Arthritis Therapeutics Market, by Pharmaceuticals, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Rheumatoid Arthritis Therapeutics Market, by Biopharmaceuticals, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Rheumatoid Arthritis Therapeutics Market Value Contribution, By Sales Channel, 2021 & 2028 (Value %)
FIG. 15 Global Rheumatoid Arthritis Therapeutics Market, by Prescription, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Rheumatoid Arthritis Therapeutics Market, by Over-the-Counter (OTC), Value, 2016-2028 (US$ Bn)
FIG. 17 U.S. Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 18 Canada Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 19 Mexico Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 20 U.K. Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 21 Germany Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 22 France Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 23 Italy Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 24 Spain Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 25 Russia Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 26 BENELUX Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 27 Poland Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 28 Austria Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 29 Rest of Europe Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 30 Japan Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 31 China Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 32 India Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 33 South Korea Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 34 Australia Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 35 Southeast Asia Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 36 Rest of Asia Pacific Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 37 Middle East & Africa Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 38 South Africa Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 39 Nigeria Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 40 Egypt Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 41 GCC Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 42 Israel Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 43 Latin America Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 44 Brazil Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 45 Argentina Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 46 Colombia Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 47 Peru Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)
FIG. 48 Chile Rheumatoid Arthritis Therapeutics Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Rheumatoid Arthritis Therapeutics Market
TABLE 2 Global Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028 (US$ Bn)
TABLE 3 Global Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 4 Global Rheumatoid Arthritis Therapeutics Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5 North America Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028 (US$ Bn)
TABLE 6 North America Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 7 North America Rheumatoid Arthritis Therapeutics Market, by Country, 2016-2028 (US$ Bn)
TABLE 8 Europe Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028 (US$ Bn)
TABLE 9 Europe Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 10 Europe Rheumatoid Arthritis Therapeutics Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11 Asia Pacific Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028 (US$ Bn)
TABLE 12 Asia Pacific Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 13 Asia Pacific Rheumatoid Arthritis Therapeutics Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14 Latin America Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028 (US$ Bn)
TABLE 15 Latin America Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 16 Latin America Rheumatoid Arthritis Therapeutics Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17 Middle East Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028 (US$ Bn)
TABLE 18 Middle East Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 19 Middle East Rheumatoid Arthritis Therapeutics Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20 Africa Rheumatoid Arthritis Therapeutics Market, by Molecule Type , 2016-2028 (US$ Bn)
TABLE 21 Africa Rheumatoid Arthritis Therapeutics Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 22 Africa Rheumatoid Arthritis Therapeutics Market, by Country/Region, 2016-2028 (US$ Bn)