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The global tumour necrosis factor inhibitor drugs market attained a value of around USD 41.16 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of around 0.7% to reach USD 43.80 billion by 2032.
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The market is significantly being aided by the growing awareness among consumers about Tumour Necrosis Factor (TNF). North America is the leading region, whereas the Asia Pacific is expected to witness the fastest growth in the forecast period.
Tumour necrosis factor inhibitor are organic medicines derived from humans or animals’ tissues and most widely used by blocking the inflammatory substance, that is, the tumour necrosis factor in the body to stop inflammation and progression of the disease. It is recommended mainly for treating multiple inflammatory disorders, including rheumatoid arthritis and psoriasis.
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Based on type, the market can be divided into:
The market can be broadly categorised based on its end-uses into:
The EMR report looks into the regional markets of tumour necrosis factor inhibitor drugs like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The market for tumour necrosis factor inhibitor drugs is driven by the increased prevalence of several inflammatory disorders, like rheumatoid arthritis and inflammatory bowel disease in North America. Europe has also been a significant part of the global market due to a robust geriatric population, which is more vulnerable to inflammatory conditions. The increased incidences of different inflammatory diseases and the entrance in the market of the biosimilar are likely to increase both the availability and the usage of the tumour necrosis factor inhibitor drugs, which, in effect, will boost the market during the forecast period. In addition, low manufacturing costs in China and India have led to an increase in the number of plants attracting pharmaceutical and biotechnological giants from all over the world.
The report presents a detailed analysis of the following key players in the global tumour necrosis factor inhibitor drugs market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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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In 2023, the global tumour necrosis factor inhibitor drugs market attained a value of nearly USD 41.16 billion.
The market is projected to grow at a CAGR of 0.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 43.80 billion by 2032.
The major drivers of the industry, such as the growing awareness among consumers about TNF, increased prevalence of several inflammatory disorders, and low manufacturing costs, are expected to aid the market growth.
The key market trend guiding the industry growth includes the growing development and manufacture of new products.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
The leading types of tumour necrosis factor inhibitor drugs in the industry are Humira, Enbrel, Remicade, Simponi/Simponi Aria, Cimzia, and biosimilars.
The major end uses of these drugs are rheumatoid arthritis, psoriasis, psoriatic arthritis, Crohn's disease, ulcerative colitis, ankylosing spondylitis, juvenile idiopathic arthritis, and hidradenitis suppurativa, among others.
The major players in the industry are AbbVie, Inc., Amgen, Inc., Johnson & Johnson Services, Inc., UCB S.A., Pfizer, Inc., Novartis International AG, and Merck & Co., Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
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.
+63-287-899-028, +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
+84-865-399-124
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