Our comprehensive research on the Global Anti-Inflammatory Therapeutics Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.
The global anti-inflammatory therapeutics market size was US$ 94,511 million in 2021. The global anti-inflammatory therapeutics market is forecast to grow to US$ 130,711.1 million by 2030 by registering a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2022 to 2030.
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Inflammation is caused when the body’s defense system responds to harmful stimuli, irritants, damaged cells, and microorganisms. Innate immunity uses inflammation as a method to remove the source of the injury, eliminate the dead and necrotic cells, and heal the injured tissues. Anti-inflammatory autoimmune diseases occur when the body’s defense system incorrectly initiates inflammation against its cells.
Factors Influencing the Market
Increasing use of anti-inflammatory drugs is primarily driving the growth of the global anti-inflammatory therapeutics market. In addition, individuals’ per capita income in developing countries is increasing, which is surging the adoption of expensive medicines and boosting the market growth.
Improved access to healthcare facilities, combined with developments in the healthcare sector, will also escalate the growth of the global anti-inflammatory therapeutics market. On the contrary, the side effects of anti-inflammatory drugs may limit the market growth during the study period.
Growing awareness of anti-inflammatory therapeutics, combined with the rising prevalence of chronic diseases, will benefit the anti-inflammatory therapeutics market during the study period.
Regional Analysis
The Asia-Pacific anti-inflammatory therapeutics market is forecast to emerge as the largest market, which is attributable to the dense population in countries like India and China. Furthermore, improving healthcare infrastructure and the rapidly developing R&D sector will also benefit the anti-inflammatory therapeutics market.
An increase in the number of hospitals in emerging countries and growing initiatives by governments through healthcare reforms are expected to escalate the growth of the market. In addition to that, the growing adoption of technologically advanced products will amplify the anti-inflammatory therapeutics market growth during the study period.
COVID-19 Impact Analysis
The wake of the COVID-19 pandemic has disrupted the situation for various industries, including healthcare. However, the market witnessed the positive impact of the pandemic due to the inflammation caused by COVID-19. Various cases of COVID-19 witnessed severe anti-inflammatory pneumonia, which amplified the market growth. Moreover, various consequences of severe inflammation and cytokine storms, such as acute lung injury, and multiple organ dysfunction syndromes, surged the demand for anti-inflammatory drugs. In addition to that, R&D activities related to anti-inflammatory therapeutics drugs also increased abruptly to cure the patients. As a result, the pandemic has been beneficial for the anti-inflammatory therapeutics market.
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Competitors in the Market
- Eli Lily and Company
- AstraZeneca PLC
- Amgen Inc.
- F. Hoffman
- Abbvie, Inc.
- Johnson & Johnson
- GlaxoSmithKline
- Merck & CO., Inc.
- Novartis
- Pfizer, Inc.
- La Roche AG
- Ferring Pharmaceuticals
- Bioventus
- Zimmer Biomet Holdings, Inc.
- Flexion Therapeutics, Inc.
- Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Anti-Inflammatory Therapeutics industry experienced notable growth in its workforce. Starting in January, employment within the Anti-Inflammatory Therapeutics sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Anti-Inflammatory Therapeutics output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Anti-Inflammatory Therapeutics output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Anti-Inflammatory Therapeutics market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Anti-Inflammatory Therapeutics market.
Market Segmentation
The global anti-inflammatory therapeutics market segmentation focuses on Drug Class, Treatment, End-Users, and Region.
By Drug Class Outlook
- Nonsteroidal Anti-inflammatory Diseases (NSAIDs)
- Corticosteroids
- Biologics
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By Treatment Outlook
- Arthritis
- Respiratory Disease
- Multiple Sclerosis
- Psoriasis
- Anti-inflammatory Bowel Disease (IBD)
- Other Anti-Inflammatory Diseases
By End-Users Outlook
- Hospitals
- Homecare
- Specialty Clinics
- Others
By Regional Outlook
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Anti-Inflammatory Therapeutics Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Anti-Inflammatory Therapeutics Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Anti-Inflammatory Therapeutics Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Anti-Inflammatory Therapeutics Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Anti-Inflammatory Therapeutics market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Anti-Inflammatory Therapeutics market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Anti-Inflammatory Therapeutics business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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