Rheumatology Therapeutics Market Is Likely to Experience a Tremendous Growth by 2029

The global rheumatology therapeutics market is anticipated to grow at a CAGR of 3.2% during the forecast period (2023-2030). The growth of the rheumatology therapeutics market is primarily driven by the increased utilization of disease-modifying anti-rheumatic medicines (DMARDs) for targeted disease treatment. Recent steps in rheumatology have led to a diverse range of drug options available to rheumatologists, particularly for managing rheumatic joint disorders. The World Health Organization (WHO) reported that around 18 million individuals were living with rheumatoid arthritis globally in 2019. This condition predominantly affects women (70%) and those aged over 55 (55%).

One such condition, Polymyalgia rheumatica, can severely impair daily activities due to its flares of painful symptoms across multiple body areas an approval by the FDA for a steroid-free treatment for polymyalgia rheumatica marks a significant step in treatment. For instance, in March 2023, for sarilumab (Kevzara), an interleukin (IL) 6 receptor antagonist, gained FDA approval for individuals with polymyalgia rheumatica who have either failed glucocorticoid treatment or cannot tolerate its tapering.

Often, patients with psoriatic arthritis are not able not suspect a connection between their psoriasis skin symptoms and the joint pain, swelling and stiffness, resulting in delayed diagnosis and treatment. For instance, in January 2022, AbbVie released FDA-approved SKYRIZI® (risankizumab-rzaa) for the treatment of adults with active psoriatic arthritis (PsA), a systemic inflammatory disease that affects the skin and joints and impacts approximately 30% of patients with psoriasis. Ankylosing spondylitis (AS) is a chronic, inflammatory disease of the axial spine. Chronic back pain and progressive spinal stiffness are the most common features of this disease. For instance, in November 2021, Pfizer Inc. announced that the European Commission has approved XELJANZ® (tofacitinib) 5 mg twice daily for the treatment of adults with active ankylosing spondylitis (AS) who have responded inadequately to conventional therapy.

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Market Coverage

•                 The market number available for – 2022-2030

•                 Base year- 2022

•                 Forecast period- 2023-2030

Segment Covered- 

·                  By Drug Type

·                  By Disease Indication

·                  By Category

·                  By Distribution Channel

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

•                 Competitive Landscape- includes Merck & Co., Inc., Novartis AG, Pfizer Inc. and others.

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Rheumatology Therapeutics Market Report Segment

By Drug Type

•                 Disease-modifying Anti-rheumatic Drugs

•                 Non-Steroidal Anti-inflammatory Drugs (NSAIDs)

•                 Corticosteroids

•                 Uric Acid Drugs

•                 Others

By Disease Indication

•                 Rheumatoid Arthritis

•                 Osteoarthritis

•                 Gout

•                 Psoriatic Arthritis

•                 Ankylosing Spondylitis

By Category

•                 Prescription

•                 Over-the-Counter (OTC)

By Distribution Channel

•                 Hospital Pharmacy

•                 Retail Pharmacy

•                 Online Pharmacy

Rheumatology Therapeutics Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

·        AbbVie Inc.

·        Amgen Inc. 

·        AstraZeneca plc

·        Aurinia Pharmaceuticals Inc.

·        Boehringer Ingelheim International GmbH

·        Bristol-Myers Squibb Co.

·        Eli Lilly

·        F. Hoffmann-La Roche Ltd.

·        Gilead Sciences, Inc.

·        Janssen Pharmaceuticals, Inc.

·        Johnson & Johnson Private Ltd.

·        Regeneron Pharmaceuticals Inc.

·        Sanofi, Genentech, Inc.

·        Takeda Pharmaceutical Company Ltd.

·        UCB S.A.

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