
Region:North America
Author(s):Naman Rohilla
Product Code:KROD2545
November 2024
90

The USA RA Market is segmented by drug type, route of administration, and region.


|
Company Name |
Establishment Year |
Headquarters |
|
AbbVie Inc. |
2013 |
North Chicago, Illinois, USA |
|
Pfizer Inc. |
1849 |
New York City, New York, USA |
|
Johnson & Johnson |
1886 |
New Brunswick, New Jersey, USA |
|
Amgen Inc. |
1980 |
Thousand Oaks, California, USA |
|
Bristol-Myers Squibb Company |
1887 |
New York City, New York, USA |
The USA RA market is expected to grow over the next five years, driven by the introduction of new biologics and biosimilars, advancements in personalized medicine, and increasing demand for more effective RA therapies. The adoption of innovative drug delivery systems and the rise of telemedicine are expected to shape the market's future trajectory.
|
By Drug Type |
Biologics Non-Biologics (DMARDs) Others (Pain Management) |
|
By Application |
Oral Injectable Intravenous |
|
By Region |
North South East West |
1.1 Definition and Scope of the USA RA Market
1.2 Market Taxonomy (Drug Type, Route of Administration, Region)
1.3 Market Growth Rate and Trends
1.4 Market Drivers (RA Prevalence, Biologic Therapies, Government Initiatives)
1.5 Market Restraints (High Treatment Costs, Biosimilar Competition)
2.1 Historical Market Size Analysis (2018-2023)
2.2 Year-on-Year Growth Analysis
2.3 Forecast Market Size and Growth Projections (2023-2028)
2.4 Key Market Milestones and Developments
3.1 Growth Drivers
3.1.1 Increasing RA Prevalence
3.1.2 Advancements in Biologic Therapies
3.1.3 Early Diagnosis Initiatives
3.2 Market Challenges
3.2.1 High Treatment Costs for Biologics
3.2.2 Growing Biosimilar Competition
3.2.3 Access Barriers for Uninsured Patients
3.3 Opportunities
3.3.1 Growth of Biosimilars Market
3.3.2 Development of Personalized Medicine
3.3.3 Telemedicine Adoption in RA Management
3.4 Market Trends
3.4.1 Increasing Focus on Personalized RA Treatments
3.4.2 Rise of Biosimilars for Cost-Effective RA Treatment
4.1 By Drug Type (in Value %)
4.1.1 Biologics
4.1.2 Non-Biologics (DMARDs)
4.1.3 Others (Pain Management)
4.2 By Route of Administration (in Value %)
4.2.1 Oral
4.2.2 Injectable
4.2.3 Intravenous
4.3 By Region (in Value %)
4.3.1 North
4.3.2 South
4.3.3 East
4.3.4 West
5.1 Competitive Market Share Analysis
5.2 Company Profiles
5.2.1 AbbVie Inc. (Established 2013, Headquarters: North Chicago, Illinois, USA)
5.2.2 Pfizer Inc. (Established 1849, Headquarters: New York City, New York, USA)
5.2.3 Johnson & Johnson (Established 1886, Headquarters: New Brunswick, New Jersey, USA)
5.2.4 Amgen Inc. (Established 1980, Headquarters: Thousand Oaks, California, USA)
5.2.5 Bristol-Myers Squibb Company (Established 1887, Headquarters: New York City, New York, USA)
5.2.6 Eli Lilly and Co. (Established 1876, Headquarters: Indianapolis, Indiana, USA)
5.2.7 Sanofi (Established 1973, Headquarters: Paris, France)
5.2.8 UCB S.A. (Established 1928, Headquarters: Brussels, Belgium)
5.2.9 Regeneron Pharmaceuticals Inc. (Established 1988, Headquarters: Tarrytown, New York, USA)
5.2.10 Biogen Inc. (Established 1978, Headquarters: Cambridge, Massachusetts, USA)
5.2.11 Roche Holding AG (Established 1896, Headquarters: Basel, Switzerland)
5.2.12 Gilead Sciences Inc. (Established 1987, Headquarters: Foster City, California, USA)
5.2.13 Novartis AG (Established 1996, Headquarters: Basel, Switzerland)
5.2.14 Merck & Co. Inc. (Established 1891, Headquarters: Kenilworth, New Jersey, USA)
5.2.15 Teva Pharmaceuticals (Established 1901, Headquarters: Petah Tikva, Israel)
5.3 Strategic Initiatives and Investments
5.4 Recent Mergers and Acquisitions
5.5 Technological Innovations and R&D Investments
6.1 NIH Funding for RA Research
6.2 Affordable Care Act and Its Impact on RA Treatment Access
6.3 Government Initiatives for RA Awareness and Early Diagnosis
7.2 Market Segmentation by Route of Administration (2023-2028)
7.3 Market Segmentation by Region (2023-2028)
7.4 Future Market Trends (Biosimilars, Personalized Medicine)
8.1 Advancements in Biologic Therapies
8.2 Development of Biosimilars for RA Treatment
8.3 Use of AI and Machine Learning in RA Diagnosis and Management
9.1 Key Investments in RA Therapies
9.2 Mergers and Acquisitions in the RA Market
9.3 Government Grants and Incentives for RA Treatment Development
9.4 Private Equity and Venture Capital Funding in RA Biologics
10.1 Strengths (Strong Pharmaceutical Industry, Technological Advancements)
10.2 Weaknesses (High Treatment Costs, Complex Regulatory Approvals)
10.3 Opportunities (Growth in Biosimilars, Personalized Treatment Approaches)
10.4 Threats (Biosimilar Competition, Rising Healthcare Costs)
11.1 Strategic Market Entry and Expansion Opportunities
11.2 Collaboration with Healthcare Providers and Insurers
11.3 Innovative Product Development (Biosimilars, Personalized Medicine)
11.4 Market Positioning Strategies for Key Players
Disclaimer Contact UsEcosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around the market to collate market-level information.
Collating statistics on the USA RA market over the years and analyzing the penetration of products as well as the ratio of suppliers to compute the revenue generated for the market. We will also review product quality statistics to ensure accuracy behind the data points shared.
Building market hypotheses and conducting CATIs with market experts from different companies to validate statistics and seek operational and financial information from company representatives.
Our research team approaches multiple manufacturers of biologics and DMARDs, and healthcare providers to understand product segments, sales trends, consumer preferences, and other parameters. This approach supports us in validating the statistics derived from the bottom-up approach of these manufacturers of biologics and DMARDs, and healthcare providers.
The USA RA Market was valued at USD 19 billion in 2023. It is expected to witness growth driven by new drug approvals, the rising prevalence of RA, and the increasing adoption of biological treatments.
Major players in the USA RA market include AbbVie Inc., Pfizer Inc., Johnson & Johnson, Amgen Inc., and Bristol-Myers Squibb Company.
The USA RA Market is driven by the rising elderly population, advancements in biologic therapies, and government support for RA treatment.
Challenges in the USA RA Market include the high cost of biologics and biosimilars, and the complex nature of RA treatment, which requires personalized approaches for effective management.
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