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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Adalimumab Drugs Market Regional Analysis
North America, particularly the United States, is projected to lead the global market. The market size can be accredited to the presence of prominent pharmaceutical companies, continuously working on producing biosimilars along with proactive regulatory authorities such as the United States FDA for maintaining the quality of the drugs.
Owing to a substantial portion of the geriatric population in the region, Europe turns out to be another key market. The older population is more susceptible to develop diseases such as arthritis, hence the government is taking multiple initiatives to promote effective treatment methods. The presence of influential academic and research institutions along with a well-structured research infrastructure also fuels market growth.
The Asia Pacific adalimumab drugs market value is poised to witness ample growth, accredited to rising improvements in the region’s healthcare infrastructure. Emerging economies such as India and South Korea are major centres of foreign investments. In addition, there is a trend of growing collaborations between private and public institutions to offer the best treatment outcomes to patients.
Adalimumab Drugs Market Report Snapshots
Adalimumab Drugs Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is anticipated to grow at a CAGR of 5.1% during the forecast period of 2024-2032.
The market demand is driven by the increasing incidence of autoimmune diseases and the high efficacy of adalimumab drugs in treating multiple diseases.
The current market trend revolves around the increasing number of FDA approvals for marketing adalimumab biosimilars in the market. In July 2023, Cyltezo’s interchangeable adalimumab biosimilar was launched in the United States market.
Based on age groups, the market is divided into pediatrics, adult, and geriatrics.
Major distribution channels include hospitals, speciality clinics, and homecare, among others.
The route of administration can be oral and parenteral, among others.
Biologics and biosimilars are common drugs available in the market.
It includes rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, chronic plaque psoriasis, Crohn's disease, and ulcerative colitis, among others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market
Key players involved in the market are F. Hoffmann-La Roche Ltd., Mylan N.V., Teva Pharmaceutical Industries Ltd., Sanofi, GlaxoSmithKline plc, Novartis AG, Pfizer Inc. (US), Biogen, Fresenius Kabi AG, Zydus Cadila, Boehringer Ingelheim International GmbH, Amgen Inc., AbbVie Inc., Abbott, CELLTRION INC. and Samsung Bioepis.
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124