Active Psoriatic Arthritis Market Demand, Size, Share, Scope & Forecast To 2027
The market intelligence study on Active Psoriatic Arthritis Market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities and competitive landscape of Active Psoriatic Arthritis market for the forecast period, 2020 – 2027. Importantly, the research taps critical data about the niche segments, market share, size, and growth rate to offer business owners, field marketing executives and stakeholders a competitive edge over others operating in the same industry.
Active psoriatic arthritis and rheumatoid arthritis showcase more or less similar signs and symptoms of swollen joints and are unbearably painful and warm to touch. Consequently, possibilities of misdiagnosis are unfavorably high and is most likely to challenge the growth scenarios of the industry in the forecast period. Factors likely to restrict the industry growth include high cost associated with treatments and target drugs along with stringent government rules and regulations..
For more clarity on the real potential of the Active Psoriatic Arthritis market for the forecast period of 2021 – 2027 the study provides vital intelligence on the major opportunities, threats and challenges posed by the industry. Besides, a strong emphasis is laid on the weaknesses and strengths of some of the prominent players operating in the same market. Quantitative assessment of the recent momentum brought about by events such as collaborations, acquisition and mergers, product launches and technology innovation empower product owners, marketing professionals and business analysts make a profitable decision, reduce cost and increase their customer base.
Further Key Highlights
- Due to high emergence and employability of biologics and biosimilar products in potential treatment, biologics drug class segment accounted for the largest market share of approximately 39.8%. Moreover, traditional biologics have a capacity to improve complete immune system
- Biologics and biosimilar products are mostly sold only on the basis of prescription. Prescription products segment in the products outlook accounted for the largest market revenue with a market share of approximately 47.5% in 2019
- Existing market players operating in the industry have undertaken a number of strategies to propel in the market. Thus, in August 2019, Amgen and Bristol-Myers Squibb (BMS) announced to have acquired worldwide rights to Otezla (only oral non-biologic treatment for psoriasis and psoriatic arthritis) from Bristol-Myers Squibb’s merger partner Celgene
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Active Psoriatic Arthritis Market Geographical Landscape – Synopsis:
- The report closely studies the growth trajectory of the global Active Psoriatic Arthritis market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Emergen research have segmented Active Psoriatic Arthritis Market on the basis of product, drug class, route of administration and region:
Product Outlook (Revenue in Million USD; 2017–2027)
Drug Class Outlook (Revenue in Million USD; 2017–2027)
- Non-Steroidal Anti-Inflammatory Drugs (NSAIDs)
- Non-Biologic Disease Modifying Anti-Rheumatic Drugs (DMARDs)
By Route of Administration (Revenue in Million USD; 2017–2027)
Key questions addressed in the report:
- What are the key factors driving the global Active Psoriatic Arthritis market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Active Psoriatic Arthritis market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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