Rheumatic Disorders Drug Market Analysis, Applications,
Growth Insight, and Future Forecast - 2031
The global rheumatic disorders drug market is anticipated to
grow at a significant CAGR during the forecast period (2024-2031). Rheumatic
disorders are a wide range of conditions that are characterized by chronic
pain, with some of the most common conditions being osteoarthritis (OA) and
rheumatoid arthritis (RA), and it is estimated that about one in four adults in
America is diagnosed with a rheumatic disorder. The rheumatic disorder therapy
area is multi-disciplinary and encompasses conditions that affect joints,
connective tissue, ligaments, tendons, cartilage, bone and muscle and which are
characterized by chronic pain and a consequent reduction in function and
motion.
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The majority of rheumatic disorders are treated using
largely genericized pain management drugs. The incidence of many indications
within the rheumatic disorders therapy area continues to rise and as the global
population ages prevalence will increase which is a key driver of market
growth. The market growth will also be driven by the entry of new products to
the market, with two drug classes, in particular, driving the strong market
growth.
The global rheumatic disorders drug market analysis includes
some of the key market players such as AbbVie Inc, Amgen Inc., Johnson &
Johnson Services Inc., Novartis International AG, among others. To maintain a
strong position in the market, the market players are adopting various
strategic moves, such as product launches, partnerships and collaborations, and
mergers and acquisitions. For instance, in November 2021, Sandoz Egypt, in
collaboration with the Egyptian Orthopedic Association (EOA), has announced the
launch of a new non-steroidal anti-inflammatory drug (NSAID from Sandoz),
etoricoxib, for the treatment of arthritis and chronic rheumatic disorders
symptoms.
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Market Coverage
Competitive Landscape: AbbVie Inc, Amgen Inc.,
Johnson & Johnson Services Inc., Novartis International AG, among others.
Key questions addressed by the report
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
Global Rheumatic Disorders Drug Market Report
Segmentation
By Route of Administration
•
Oral
•
Parenteral
By Drug Class
•
Disease-modifying Anti-rheumatic Drugs (DMARDs)
•
Nonsteroidal Anti-inflammatory Drugs (NSAIDs)
•
Corticosteroids
•
Uric Acid Drugs
•
Others
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