The global tumour necrosis factor inhibitor drugs market attained a value of around USD 40.3 billion in 2019. The market is further expected to grow in the forecast period of 2020-2025 at a CAGR of around 0.7% to reach USD 42 billion by 2025. 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.
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Properties and Applications
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.
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.
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.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraints
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Tumour Necrosis Factor Inhibitor Drugs Market Analysis
6.1 Figure: Global Tumour Necrosis Factor Inhibitor Drugs Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Chart: Global Tumour Necrosis Factor Inhibitor Drugs Market Breakup by Type
6.2.4 Simponi/Simponi Aria
6.3 Figure: Global Tumour Necrosis Factor Inhibitor Drugs Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.4 Simponi/Simponi Aria
6.4 Chart: Global Tumour Necrosis Factor Inhibitor Drugs Market Breakup by End Use
6.4.1 Rheumatoid arthritis
6.4.3 Psoriatic arthritis
6.4.4 Crohn's Disease
6.4.5 Ulcerative colitis
6.4.6 Ankylosing Spondylitis
6.4.7 Juvenile idiopathic arthritis
6.4.8 Hidradenitis suppurativa
6.5 Figure: Global Tumour Necrosis Factor Inhibitor Drugs Market Breakup by End Use: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 Rheumatoid arthritis
6.5.3 Psoriatic Arthritis
6.5.4 Crohn's Disease
6.5.5 Ulcerative colitis
6.5.6 Ankylosing Spondylitis
6.5.7 Juvenile Idiopathic Arthritis
6.5.8 Hidradenitis Suppurativa
6.6 Chart: Global Tumour Necrosis Factor Inhibitor Drugs Market Breakup by Region
6.6.1 North America
188.8.131.52 United States of America
184.108.40.206 United Kingdom
6.6.3 Asia Pacific
6.6.4 Latin America
6.6.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
6.7 Figure: Global Tumour Necrosis Factor Inhibitor Drugs Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.7.3 Asia Pacific
6.7.4 Latin America
6.7.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 EMR’s Key Indicators for Demand
10 Competitive Landscape & Supplier Analysis
10.1 AbbVie, Inc. (NYSE: ABBV)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 Amgen, Inc. (NASDAQ: AMGN)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.3 Johnson & Johnson Services, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.4 UCB S.A. (EBR: UCB)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.5 Pfizer, Inc. (NYSE: PFE)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.6 Novartis International AG (SWX: NOVN)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.7 Merck & Co., Inc. (NYSE: MRK)
10.7.1 Company Overview
10.7.2 Financial Analysis
11 Events and Developments
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