Pharmaceuticals

Global TNF Alpha Inhibitors Market Outlook, Opportunities And Strategies

November 23, 2021 by The Business Research Company

Learn about the global TNF alpha inhibitors market through The Business Research Company, which provides information on TNF alpha inhibitors market size, TNF alpha inhibitors market drivers and restraints, TNF alpha inhibitors market players, the COVID-19 impact on the TNF alpha inhibitors market, and more.

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The global TNF alpha inhibitors market is expected to grow from $38.85 billion in 2020 to $40.33 billion in 2021 at a compound annual growth rate (CAGR) of 3.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The TNF alpha inhibitors market is expected to reach $45.74 billion in 2025 at a CAGR of 3%.

The growing prevalence of inflammatory diseases such as inflammatory bowel disease and psoriasis is expected to drive innovation in TNF alpha inhibitors manufacturing, thus driving the market during the forecast period.

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The TNF alpha inhibitors market consists of sales of tumor necrosis factor-alpha (TNF-a) inhibitors by entities that manufacture TNF alpha inhibitors. TNF alpha inhibitors are a group of medicines that conquer the body’s natural response to TNF, a protein produced by white blood cells, involved in early inflammatory events. These are important treatments in the number of inflammatory conditions including spondylarthritis, psoriasis, rheumatoid arthritis (RA), and inflammatory bowel disease (IBD).

Global TNF alpha inhibitors market segments include:

By Drug: Remicade (Infliximab), Enbrel (Etanercept), Humira (Adalimumab), Cimzia (Certolizumab Pegol), Simponi (Golimumab)

By Route Of Administration: Oral, Subcutaneous, Intravenous, Others

By Disease Type: Inflammatory Bowel Disease, Psoriatic Arthritis, Ulcerative Colitis (UC), Rheumatoid Arthritis, Ankylosing Spondylitis, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The adverse side effects of TNF alpha inhibitors on patients are expected to limit the growth of the TNF alpha inhibitors market. The multiple adverse effects of TNF alpha inhibition identified by clinical trials and post-marketing surveillance include injection site reactions, neutropenia, infusion reactions, and infections.

TBRC’s TNF alpha inhibitors market report covers:

Major Market Players: AbbVie Inc., Amgen Inc., Johnson & Johnson Services, Inc., UCB S.A, Novartis International AG, Pfizer, Inc., Merck & co., Inc., Janssen Biotech, Ablynx, and Momenta Pharmaceuticals.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The TNF Alpha Inhibitors Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides TNF alpha inhibitors market overviews, analyzes and forecasts market size, share, TNF alpha inhibitors market players, TNF alpha inhibitors market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s TNF alpha inhibitors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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