What is Antirheumatics Pharmaceutical Market Scope?
Antirheumatic drugs are a category of otherwise unrelated drugs that are defined by their use in rheumatoid arthritis to slow the progression of the disease. The term is often used in contrast to a nonsteroidal anti-inflammatory drug that refers to agents that treat inflammation but not the underlying cause, and steroids that weaken the immune response but are not enough to slow the progression of the disease. Anti-inflammatory drugs include medications used to treat the symptoms of rheumatoid arthritis and which can change the course of the disease. The medications that help treat symptoms such as pain and inflammation are aspirin, nonsteroidal anti-inflammatory drugs (NSAIDs), and steroids. Medications that slow the progression of rheumatoid arthritis and can help with pain, inflammation, and stiffness are known as disease-modifying drugs for rheumatoid arthritis (DMARDs).
The Antirheumatics Pharmaceutical market study is being classified by Type (Non-Steroidal Anti-Inflammatory Drugs, Steroidal Anti-Inflammatory Drugs, Slow Acting Drug and Immunological Preparation), by Application (Pharmaceutical Industry, Hospital and Clinic and Other) and major geographies with country level break-up.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Antirheumatics Pharmaceutical market throughout the predicted period.
AbbVie Inc. (United States), Novartis AG (Switzerland), Merck & Co. (United States), Amgen (United States), Bristol-Myers Squibb (United States), Pfizer (United States), Roche Holding AG (Switzerland), Johnson & Johnson (United States), UCB S.A. (Belgium), Eli Lilly and Company (United States) and Celgene Corporation (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Antirheumatics Pharmaceutical market by Type, Application and Region.
On the basis of geography, the market of Antirheumatics Pharmaceutical has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Disease-modifying antirheumatic drugs (DMARDs) are a class of drugs indicated for the treatment of rheumatoid arthritis (RA) and many other autoimmune disorders. Due to the high complexity involved in the appropriate use of these agents, and monitoring for adverse effects, DMARDs shall be ideally prescribed by an appropriate specialist such as rheumatologist, gastroenterologist, or dermatologist. The prescribing provider shall be familiar with these agents, their indications, and adverse effects. All patients prescribed DMARDs need to be closely followed to monitor their effectiveness and side effects.
Influencing Market Trend
- Increasing Healthcare Spending and Demand for Drug Therapy
Market Drivers
- Growing Geriatric Population across the Globe
- Increasing Cases of Arthritis and Various Autoimmune Disorders
Opportunities
- Research & Development and Product Innovation
- Potential Growth From Emerging Countries
Restraints
- Stringent Government Rules and Regulation
- Side Effects Due to Antirheumatics Drug
Challenges
- Availability of Substitutes
Key Target Audience
Providers of Antirheumatics Pharmaceutical, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
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