Product ID: SQSG35I2003
Report ID:
SQSG35I2003 |
Region:
Global |
Published Date: April, 2024
Pages:
242
|
Tables:
115 |
Figures:
69
Rheumatoid Arthritis Drugs Market size was valued at USD 59.031 billion in 2019 and is poised to grow from USD 60.02 billion in 2023 to USD 70 billion by 2031, growing at a CAGR of 1.72% in the forecast period (2024-2031).
Rheumatoid arthritis affects people of all ages, although the geriatric population is highly vulnerable to the diseases. The symptoms majorly include joint pain, stiffness, tenderness, and swelling. As per the statistics published by WHO, rheumatoid arthritis affected around 400 out of 100,000 people between 1980 and 2019. Despite high prevalence, it does not have 100% cure.
The major factors driving growth in the Global market are an increase in the prevalence of rheumatoid arthritis, an increase in demand for rheumatoid arthritis drugs, the expiration of patents and the entry of biosimilar drugs, an increase in the geriatric population, an increase in the adoption of conventional DMARDs, and government initiatives to spread awareness of rheumatoid arthritis symptoms. Furthermore, advancements in sophisticated biologics, an increase in healthcare expenditure, an increase in purchasing power, and global access to quality pharmaceuticals for poor and middle-class families are some of the factors driving Global Rheumatoid Arthritis Drugs Market expansion.
US Rheumatoid Arthritis Drugs Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONRheumatoid Arthritis Drugs Market size was valued at USD 59.031 billion in 2019 and is poised to grow from USD 60.02 billion in 2023 to USD 70 billion by 2031, growing at a CAGR of 1.72% in the forecast period (2024-2031).
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Product ID: SQSG35I2003