DBMR has recently updated Asia-Pacific Adalimumab Market research report helps in attaining sustainable growth in the market by providing well-versed, specific, and most relevant product and market information. This market research report studies the market and the industry profoundly by considering several aspects. Inputs from a variety of industry experts, essential for the detailed market analysis, have been considered very carefully to generate this finest market research report. All the data and information comprised here aids businesses in enlightening their strategic decision making. Additionally, all the information of this business report is backed up by most favoured tools namely SWOT analysis and Porter’s Five Forces analysis on which businesses can rely boldly
Asia-Pacific adalimumab market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.6% in the forecast period of 2020 to 2027 and is expected to reach USD 1,296.65 million by 2027. Increasing geriatric population and introduction to biosimilars are the major drivers which propelled the demand of the market in the forecast period.
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Market Scenario of Asia-Pacific Adalimumab Market
Adalimumab is one of the monoclonal antibodies and is used for the treatment of certain autoimmune diseases involving rheumatoid arthritis and crohn’s diseases among others. Adalimumab is an anti- TNF drug indicated for the treatment of inflammatory symptoms. The biologic of adalimumab is humira and various biosimilar drugs of humira are also available which involves exemptia, hyrimoz, cyltezo and hulio among several others. Adalimumab works by binding to the TNF factor-alpha which reduces the chances of the inflammatory response to autoimmune diseases.
Adalimumab comprises features such as increasing need for better therapeutics options which will impact in launching new product by the manufacturers into the market which enhance its demand as well as increasing investment in research and development leads to the adalimumab market growth. Currently, various research studies are taking place which is expected to create a competitive advantage for manufacturers to develop new and innovative adalimumab which is expected to provide various other opportunities in the adalimumab market. However, high cost of drugs and side effects of drugs are expected to restraint the adalimumab market growth in the forecast period.
The Asia-Pacific adalimumab market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal.
Adalimumab Market Developments
In January 2018, AbbVie Inc. updated the Humira product formulation with the removal of citrate buffer in order to ease the drug administration to pediatric patients with less pain. This product formulation enhanced the brand value in the market and allowed the company to boost up the company’s revenue.
In March 2017, Amgen received marketing authorization for AMGEVITA by European commission. As per the approval the product has been approved for treatment of pediatric inflammatory diseases, severe chronic plaque psoriasis, Crohn’s disease, polyarticular juvenile idiopathic arthritis among others. This approval allowed the company to expand its biosimilar market across 28 European countries.
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Scope of the Global Adalimumab Market
Asia-Pacific Adalimumab Market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland, Belgium, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific , Brazil, Argentina, Peru, Rest of South America, Saudi Arabia, South Africa, UAE, Israel, Kuwait, Egypt, Rest of Middle East and Africa.
All country based analysis of the global adalimumab market is further analysed based on maximum granularity into further segmentation. On the basis of indication, the adalimumab market the market is segmented into rheumatoid arthritis, ankylosing spondylitis, psoriatic arthritis, chronic plaque psoriasis, crohn’s disease, ulcerative colitis, juvenile idiopathic arthritis, hidradenitis suppurativa, non-infectious intermediate and others. On the basis of type, the adalimumab market is segmented into biologics and biosimilars. On the basis of dosage strength, the adalimumab market is segmented into 40mg/0.4ml, 80mg/0.8ml, 20mg/0.2ml, 10mg/0.1ml and others. On the basis of drug type, the adalimumab market is segmented into branded and generics. On the basis of route of administration, the adalimumab market is segmented into parenteral and oral. On the basis of population type, the adalimumab market is segmented into adults and children. On the basis of end user, the adalimumab market the market is segmented into hospitals, specialty clinics, home healthcare and others. On the basis of distribution channel, the adalimumab market the market is segmented into hospital pharmacies, retail pharmacies, online pharmacies, direct tenders and others.
Adalimumab Market Scope and Market Size
The Asia-Pacific Adalimumab Market is segmented on the basis of indication, type, dosage strength, drug type, route of administration, population type, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of indication, the adalimumab market the market is segmented into rheumatoid arthritis, ankylosing spondylitis, psoriatic arthritis, chronic plaque psoriasis, crohn’s disease, ulcerative colitis, juvenile idiopathic arthritis, hidradenitis suppurativa, non-infectious intermediate and others. In 2020, rheumatoid arthritis is dominating the market because of increasing prevalence of rheumatoid arthritis. Moreover increasing geriatric population is also boosting the rheumatoid arthritis segment growth.
On the basis of type, the adalimumab market is segmented into biologics and biosimilars. In 2020, biologics segment is dominating the market because of the presence of biologic drugs that is Humira all over the world and presence of few approved biosimilar drugs.
On the basis of dosage strength, the adalimumab market is segmented into 40mg/0.4ml, 80mg/0.8ml, 20mg/0.2ml, 10mg/0.1ml and others. In 2020, 40mg/0.4ml is dominating the market because majority of population or patients are suffering from several kids of inflammatory disease relying on 40mg dose as first line of therapy in order to achieve effective treatment.
On the basis of drug type, the adalimumab market is segmented into branded and generics. In 2020, branded segment is dominating the market because patients are more satisfied with the branded product; moreover AbbVie has marketing right for branded adalimumab which is Humira all over the world.
On the basis of route of administration, the adalimumab market is segmented into parenteral and oral. In 2020, parenteral segment is dominating the market because adalimumab is a human monoclonal antibody that provides with effective results when passes through the systemic circulation.
On the basis of population type, the adalimumab market is segmented into adults and children. In 2020, adults segment is dominating the market because adult populations have weak immune system and are more prone to inflammatory diseases.
On the basis of end user, the adalimumab market the market is segmented into hospitals, specialty clinics, home healthcare and others. In 2020, hospitals segment is dominating the market because patient suffering from inflammatory diseases frequently visits hospital in order to achieve effective drug administration via skilled professionals.
On the basis of distribution channel, the adalimumab market the market is segmented into hospital pharmacies, retail pharmacies, online pharmacies, direct tenders and others. In 2020, hospital pharmacies segment is dominating the market because adalimumab is only prescribed by the doctors, so one can only buy it from the hospital pharmacies at a reasonable price.
Asia-Pacific Adalimumab Market Country Level Analysis
Asia-Pacific Adalimumab Market is analyzed and market size information is provided by country, indication, type, dosage strength, drug type, route of administration, population type, end user and distribution channel as referenced above.
The countries covered in the Asia-Pacific adalimumab market report are the Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam and Rest of Asia-Pacific.
Japan is leading the growth of the Asia-Pacific adalimumab market as the medication is dominating in this country due to rise in prevalence of precocious puberty and rising population of girls among several other health problems.
The country section of the Asia-Pacific adalimumab market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Key Pointers Covered in Global Adalimumab Market Industry Trends and Forecast to 2027
Top to Bottom Market Analysis
Recent Developments for Market Competitors
Recent Market Value for Different Countries
Market Value and Overview of Adalimumab Market
Company Profiling of Top Eight Players of Adalimumab Market
Key Market Competitors Covered in the Report
Amgen (Europe) GmbH (A Subsidiary of Amgen Inc.)
Samsung Bioepis (a subsidiary of Samsung Biologics)
Innovent Biologics, Inc.
Hetero Biopharma Ltd.
Fresenius Kabi Deutschland GmbH (A Subsidiary of Fresenius Kabi AG)
Sandoz International GmbH (A Subsidiairy of Sandoz (A Division of Novartis AG))
Boehringer Ingelheim International GmbH
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• All division given above in this report is addressed at a country level and can be modified by needs.
• All items canvassed on the lookout, item volume, and normal selling costs will be incorporated as adjustable choices which might cause no or negligible extra expense (relies upon customization)
Key Highlights of Report
• Outline of key market influences pushing and controlling business sector development
• Offers a reasonable comprehension of the serious scene and key item portions
• An examination of procedures of significant contenders
• Nitty-gritty examinations of industry patterns
• A clear cut mechanical development map with an effect examination
• Gives profiles of significant contenders of the market.
• Subtleties of their tasks, item and administrations.
• Ongoing turns of events and key monetary measurements.
FREQUENTLY ASKED QUESTIONS
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