Global TNF Alpha Inhibitors Market Trends And Strategies Of Major Players In The TNF Alpha Inhibitors Market 2021-2030
9 Dec, 2021
Global TNF Alpha Inhibitors Market Size And Drivers:
The global TNF alpha inhibitors market is expected to grow from $38.85 billion in 2020 to $40.33 billion in 2021 at a compound annual growth rate (CAGR) of 3.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The TNF alpha inhibitors market is expected to reach $45.74 billion in 2025 at a CAGR of 3%. The growing prevalence of inflammatory diseases such as inflammatory bowel disease and psoriasis is a key factor driving the growth of the TNF alpha inhibitors market.
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Trends In The Global TNF Alpha Inhibitors Market
In May 2020, AbbVie Inc, a US-based biopharmaceutical company, completed the acquisition of Allergan plc for an amount of $63 billion. The acquisition is expected to expand and diversify AbbVie Inc’s revenue base and its existing immunology portfolio. Allergan plc is an Ireland-based pharmaceutical company engaged in manufacturing and marketing drugs and medical devices in the areas of the central nervous system, eye care, medical aesthetics, and gastroenterology.
Global TNF Alpha Inhibitors Market Segments:
The global TNF alpha inhibitors market is further segmented –
By Drug: Remicade (Infliximab), Enbrel (Etanercept), Humira (Adalimumab), Cimzia (Certolizumab Pegol), Simponi (Golimumab)
By Route Of Administration: Oral, Subcutaneous, Intravenous, Others
By Disease Type: Inflammatory Bowel Disease, Psoriatic Arthritis, Ulcerative Colitis (UC), Rheumatoid Arthritis, Ankylosing Spondylitis, Others
By Geography: The global TNF alpha inhibitors market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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https://www.thebusinessresearchcompany.com/report/tnf-alpha-inhibitors-global-market-report-2020-30-covid-19-growth-and-changeTNF Alpha Inhibitors Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides TNF alpha inhibitors market overviews, analyzes and forecasts market size and growth for the global TNF alpha inhibitors market, TNF alpha inhibitors market share, TNF alpha inhibitors market players, TNF alpha inhibitors market segments and geographies, TNF alpha inhibitors market’s leading competitors’ revenues, profiles and market shares. The TNF alpha inhibitors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.