The Anti-Inflammatory Therapeutics Market is expected to witness significant growth due to the increasing prevalence of chronic inflammatory diseases such as rheumatoid arthritis, inflammatory bowel disease, and asthma. The rising geriatric population and lifestyle factors like obesity and smoking are also contributing to the market growth. Additionally, the growing demand for biologics and targeted therapies for treating inflammatory disorders is driving the market expansion.
Report Coverage | Details |
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Segments Covered | Drug Class, Indication, Application, Distribution Channel |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Eli Lily and Company, AstraZeneca PLC, Amgen, F. Hoffman, Abbvie,, Johnson & Johnson, GlaxoSmithKline, Merck & CO.,, Novartis, Pfizer,, La Roche AG, Ferring Pharmaceuticals, Bioventus, Zimmer Biomet Holdings,, Flexion Therapeutics, Inc |
The high cost of anti-inflammatory therapeutics and stringent regulatory requirements pose major restraints on the market growth. The pricing pressures from government healthcare agencies and insurance companies are also hindering the adoption of expensive anti-inflammatory drugs, especially in emerging markets.Overall, despite the restraints, the Anti-Inflammatory Therapeutics Market is expected to continue growing, driven by the increasing prevalence of inflammatory diseases and advancements in drug development technologies.
Asia Pacific: The Asia Pacific region, particularly China, Japan, and South Korea, is also projected to experience substantial growth in the anti-inflammatory therapeutics market. This growth can be attributed to the rising geriatric population, increasing healthcare expenditure, and a growing awareness about the benefits of anti-inflammatory drugs in managing various inflammatory conditions.
Europe: In Europe, countries such as the United Kingdom, Germany, and France are expected to contribute significantly to the growth of the anti-inflammatory therapeutics market. The region has a well-established healthcare infrastructure and a high prevalence of inflammatory diseases, which is driving the demand for advanced anti-inflammatory drugs.
The Anti-Inflammatory Therapeutics Market can be segmented based on drug class into Anti-inflammatory Biologics, Non-steroidal Anti-inflammatory Drugs, and Corticosteroids.
Under the drug class segment, Anti-inflammatory Biologics are expected to witness significant growth due to their targeted approach in treating inflammatory diseases such as arthritis, respiratory diseases, multiple sclerosis, psoriasis, inflammatory bowel disease, and other inflammatory diseases.
Indication:
In terms of indication, the Anti-Inflammatory Therapeutics Market can be categorized into arthritis, respiratory diseases, multiple sclerosis, psoriasis, inflammatory bowel disease, and other inflammatory diseases. Arthritis is anticipated to dominate the market owing to the rising prevalence of the disease globally.
Application:
The market can also be segmented based on application into autoimmune, inflammatory diseases, and respiratory diseases. With the increasing prevalence of autoimmune diseases, the autoimmune segment is expected to witness substantial growth in the Anti-Inflammatory Therapeutics Market.
Distribution Channel:
On the basis of distribution channel, the Anti-Inflammatory Therapeutics Market can be divided into hospital pharmacy and retail pharmacy. The hospital pharmacy segment is projected to hold a significant share in the market due to the availability of a wide range of anti-inflammatory therapeutics in hospitals for the treatment of various inflammatory diseases.
Top Market Players
- Pfizer Inc.
- Johnson & Johnson
- Novartis AG
- AbbVie Inc.
- Merck & Co., Inc.
- Amgen Inc.
- Sanofi S.A.
- Bristol Myers Squibb Company
- GSK (GlaxoSmithKline plc)
- Celgene Corporation