Adalimumab Market Growth, Trends, Absolute Opportunity and Value Chain 2024
Deerfield Beach, FL -- (SBWIRE) -- 02/23/2017 -- Adalimumab Market: Overview
Adalimumab is a biologic TNF inhibiting anti-inflammatory medication which is a patented medicine of Abbott Biotechnology Ltd. Jochen G. Salfeld et al invented the product and trade names for the product are Exemptia and Humira. Humira stands for "human monoclonal antibody in rheumatoid arthritis". Humira targets and acts as building block for TNF-alpha production, and lowering inflammation. TNF blockers with HUMIRA, has adverse affects on the immune system which is a serious side effect of this medicine. Adalimumab is prescribed for Crohn's disease, Rheumatoid arthritis, ulcerative colitis and psoriasis disorders. PsA leads to excess production of definite proteins, and people with PsA, TNF causes swelling in joints.
Increasing number of female populace is becoming susceptible to arthritis due to loss of body calcium. Rising occurrence of arthritis is a main driver for the growth of the adalimumab market. Enhanced analysis rate along with the introduction of proficient biologic drugs are also some of the major factors to support the market growth. Additional, growing deskbound routine is boosting the prevalence of arthritis commonness. On the other side, high price and low openness are the foremost factor restricting the escalation of the global adalimumab market.
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The report covers forecast and analysis for the adalimumab market on a global and regional level. The study provides significant data of 2014 along with estimated from 2014 to 2020 based on revenue (USD Million). The report also offers detailed competitive landscape of the global adalimumab market. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the biomarker technologies market based on application segment and region.
The global adalimumab market is segmented on basis of applications and regions. The application part is diverged into, psoriasis, ulcerative colitis, rheumatoid arthritis, Crohn's disease and others.
Adalimumab Market: Regional Analysis
Geographically, adalimumab market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, further bifurcation of region on the country level, which include U.S., Canada, Germany, Italy, France, Spain, China, India, Australia, New Zealand and of Asia Pacific. Currently, North America and Europe are dominating the global adalimumab market. Factors such as controlled authoritarian structure, sophisticated healthcare infrastructure are pouring the adalimumab market in North America and Europe market. Asia Pacific adalimumab market is predicted for significant growth in future, rapidly rising healthcare, increasing disposable income and supportive government initiatives to reinforce healthcare division in various countries are escalating the adalimumab market in Asia Pacific. High geriatric population in the economies such as India and China is projected to stimulate the demand for arthritis curing drugs.
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Adalimumab Market: Competitive Players
Adalimumab commonly utilized in developed countries as compared to other and hence market is impacted by the existence of regional players
Amgen, Mylan N.V., Pfizer, AbbVie, Boehringer Ingelheim GmbH, Mylan N.V. and Novartis AG comprise some of the players in adalimumab market.
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The report segments the adalimumab market into:
Adalimumab Market: Application Segment Analysis
Adalimumab Market: Regional Segment Analysis
Middle East & Africa
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