Ankylosing Spondylitis Drugs Market 2020 - Industry Analysis, Size, Share, Strategies And Forecast To 2027
Ankylosing Spondylitis Drugs
Market To Reach USD 8.82
Billion By 2027 | Merck & Co.,
Boehringer Ingelheim, UCB,
Amgen, Janssen Biotech
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a.com
Market Summary
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.
M a Orkuetr S Aumpmparroyach
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.
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M a r kOeut Sru Ampmparyoach
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.
To identify the key trends in the industry, click on the link below @
https://www.reportsanddata.com/report-detail/ankylosing-spondylitis-drugs-market
M a r kOeut Sru Ampmparyoach
Key participants : Merck & Co., Boehringer Ingelheim, UCB, Amgen, Janssen Biotech, Inc., Johnson &
Johnson, Abbvie, Hetero, Zydus Cadila, and Izana Bioscience.
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
M a rOkeut rSu Ampmparyoach
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
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A b oOuutr U Aspproach
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