The Arthritis Monoclonal Antibodies Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Arthritis Monoclonal Antibodies
Global Market Report 2024, The arthritis monoclonal antibodies market size has
grown strongly in recent years. It will grow from $58.09 billion in 2023 to
$62.29 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The
growth in the historic period can be attributed to rising prevalence of
arthritis, increasing awareness of arthritis monoclonal antibodies, expanding
range of approved arthritis monoclonal antibodies, government support for
research and development, increased investment from pharmaceutical companies.
The arthritis monoclonal antibodies market size is expected to see strongly
grown in the next few years. It will grow to $83.76 billion in 2028 at a
compound annual growth rate (CAGR) of 7.7%.
The growth in the forecast period can be attributed to combination
therapies, expanding indications, patient preference, increased healthcare
spending. Major trends in the forecast period include biosimilars and biobetters,
targeted therapies, homecare administration, real-world evidence, cost and
access considerations, advancements in drug delivery.
The increasing prevalence of arthritis globally has contributed to the growth
of the arthritis monoclonal antibody market. According to the Global RA
Network, in 2021, Over 350 million individuals worldwide suffer from arthritis
and osteoarthritis is the most common form of arthritis followed by gout,
fibromyalgia, and rheumatoid arthritis. According to WHO, the prevalence of
rheumatoid arthritis varies between 0.3% and 1%, and the worldwide estimates of
osteoarthritis include 9.6% of men and 18% of women. The increased prevalence
of arthritis and the demand for personalized medicine are increasing the demand
for the market.
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The arthritis monoclonal antibodies market covered in this report is segmented
–
1) By Drug: Remicade, Humira, Enbrel, Rituxan, Orencia, Actemra, Simponi,
Cimzia, Remsima
2) By Application: Rheumatoid Arthritis, Osteoarthritis, Psoriatic Arthritis,
Ankylosing Spondylitis, Fibromyalgia, Other Applications
3) By End-Use: Hopitals, Research Institutes, Other End-Users
The combination of artificial intelligence and augmented reality shows many
opportunities as both are separate but complementary technologies. Artificial
intelligence models will enhance augmented reality experience by adding
interactivity and effects to AR scenes like real-world object tagging, enabling
an AR system to predict the appropriate interface for a person in each virtual
environment, and enhances AR to create a multidimensional and responsive
virtual experience that can bring in new levels of insight and creativity. For
instance, in January 2022, AR’s Games, an Italian gaming firm announced that it
is set to launch the world’s first artificial intelligence-based augmented
reality video game. This game combines artificial intelligence and augmented
reality to develop a first-person shooting game made with real people. It is
named The Real Tournament and made exclusively for mobile devices. This
combination will boost the augmented reality software market growth during the
forecast period.
The arthritis monoclonal antibodies market report table of contents includes:
1. Executive Summary
2.
Arthritis Monoclonal Antibodies Market Characteristics
3.
Arthritis Monoclonal Antibodies Market Trends And Strategies
4.
Arthritis Monoclonal Antibodies Market - Macro Economic Scenario
5. Global
Arthritis Monoclonal Antibodies Market Size and Growth
.
31. Global Arthritis Monoclonal Antibodies Market Competitive Benchmarking
32. Global
Arthritis Monoclonal Antibodies Market Competitive Dashboard
33. Key
Mergers And Acquisitions In The Arthritis Monoclonal Antibodies Market
34.
Arthritis Monoclonal Antibodies Market Future Outlook and Potential Analysis
35.
Appendix
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