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Posted - Sep 24 2024 : 21:47:13 The global anti-inflammatory drugs market size reached USD 111.42 Billion in 2021 and is expected to register a revenue CAGR of 9.3% during the forecast period, according to latest analysis by Emergen Research. Potential pipeline candidates is the main factor driving the market revenue growth. For instance, the monoclonal antibody mirikizumab (LY3074828) fulfilled the primary and all significant secondary objectives in the LUCENT-1 ulcerative colitis Phase 3 study, according to a March announcement from Lilly. The drug's potential as a therapy for moderate to severe ulcerative colitis was assessed throughout the 12-week multicenter induction phase. The humanized monoclonal antibody attaches to the interleukin-23 p19 subunit (IL-23p19). A cytokine that promotes inflammation is interleukin-23. In March, Lilly bragged that the Phase 3 trial LUCENT-1, which used an anti-IL-23p19 monoclonal antibody, was the only one to show a reduction in bowel urgency in patients with moderate to severe ulcerative colitis. Mirikizumab can be used to treat ulcerative colitis and crohn's disease, according to Lilly.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
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Key companies operating in the Anti Inflammatory Drugs market include:
AbbVie Inc., Johnson & Johnson Private Limited, Bristol-Myers Squibb Company, Merck & Co., Inc., Pfizer Inc., Novartis AG, GSK plc, Lilly, Amgen Inc., Biogen
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Anti Inflammatory Drugs market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis In-depth 8-year analysis of the Global Anti Inflammatory Drugs Market Critical understanding of the key market segments Comprehensive analysis of the drivers, restraints, trends, and opportunities Detailed regional analysis and extensive company profiling Extensive assessment of current and emerging trends of the market For more informative information, please visit us @ https://www.emergenresearch.com/industry-report/anti-inflammatory-drugs-market
Anti Inflammatory Drugs Market Segmentation:
Drug Class Outlook (Revenue, USD Billion; 2019-2030) Anti-Inflammatory Biologics Non-Steroidal Anti-Inflammatory Drugs (NSAIDs) Corticosteroids Route of Administration Outlook (Revenue, USD Billion; 2019-2030) Oral Injection Inhalation Topical Application Outlook (Revenue, USD Billion; 2019-2030) Autoimmune Inflammatory Diseases Rheumatoid Arthritis Psoriasis Others Respiratory Diseases Others
Anti Inflammatory Drugs Market Segmentation by Regions:
North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) Click here to Get customization @ https://www.emergenresearch.com/request-history/1299
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