What is Ankylosing Spondylitis Market?
Ankylosing spondylitis (AS) is a type of arthritis that mostly affects the back. It causes infection in the joints of the spine, leading to pain and stiffness. Ankylosing spondylitis affects people in diverse ways some people can almost forget they have the condition, while for others it can have a big effect on their quality of life and sometimes joints other than those in the spine can be affected too. Sometimes, other parts of the body may also be affected. Ankylosing spondylitis is a type of spondyloarthritis is a group of conditions that share many of the same symptoms.
The market study is being classified, by Application (Hospitals, Clinics and Ambulatory Surgical Centers) and major geographies with country level break-up.
AbbVie Inc. (United States), Janssen Pharmaceuticals Inc. (Belgium), Pfizer Inc. (United States), Sandoz International GmbH (Germany), Amgen Inc. (United States), Protalix BioTherapeutics, Inc. (Israel), Reliance Life Sciences Pvt. Ltd. (India), Momenta Pharmaceuticals Inc. (United States), Celgene Corporation (United States), Regeneron Pharmaceuticals (United States) and Merck & Co. Inc. (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Ankylosing Spondylitis market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Ankylosing Spondylitis market by Type, Application and Region.
On the basis of geography, the market of Ankylosing Spondylitis 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Prevalence of Ankylosing Spondylitis
- Rising Awareness about Diagnostics and Treatments
Market Trend
- Increasing Number of Treatment Seeking Population
Restraints
- High Cost of Treatment
- Lack of Skilled Surgeons and Physiotherapists
Opportunities
- Rising Research and Development Expenditure
Key Target Audience
Ankylosing Spondylitis Service Providers, Healthcare Industry, Regulatory Bodies and Governmental Bodies