Tumor Necrosis Factor Alpha Inhibitors Market: Industry Share, Size, Emerging Technologies, Future Trends, Competitive Analysis and Segments Poised for Strong Growth in Future 2027
Tumor
Necrosis Factor Alpha Inhibitors Market Research Report: By Drug (Humira,
Remicade), By Disease Type (Alzheimer's Diseases, Multiple Sclerosis), By Route
Of Administration, By Stage Of Clinical Trials, By Application – Global
Forecast Till 2027
Tumor Necrosis Factor Alpha Inhibitors
Market Highlights
The Global tumor necrosis factor alpha
inhibitors market is expected to grow at a CAGR of approximately
7.1% during the forecast period 2017-2023.
The pharmaceutical companies
mostly rely on successful launching of new drugs to drive their growth. The
efficacy and safety of biopharmaceutical products combined with their ability
to address previously untreatable conditions has increased the launch of the
new drugs to cure diseases. The patents are expiring and product pipelines are
shrinking which makes launches more numerous, smaller, and more competitive.
New concepts are making it to
the market such as the cell therapy which is used to treat cancer, gene
therapies which offer even more amazing promises of regenerative medicine or
disease remission. The key manufacturers in the pharmaceutical companies are
raising their launch to increase their customer base which has helped them to
grow in the particular market.
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Regional
Analysis:
The global Tumor Necrosis
Factor Alpha Inhibitors Market consists of regions namely the Americas, Europe,
Asia Pacific, and the Middle East and Africa.
The Americas region dominates
the global tumor necrosis factor alpha inhibitors market due to a high degree of
intelligence and awareness regarding the testing procedures. In June 2015,
Merck and Dynavax Technologies Corporation, a clinical-stage biopharmaceutical
company, discovered and developed novel vaccines and therapeutics in the areas
of infectious and inflammatory diseases and oncology. They entered into
clinical trial collaboration for the drug name MK-1966. MK-1966 is an
anti-interleukin-10 designed to neutralize the immune-suppressive environment
for tumors. This will give Merck an advancing breakthrough in the field of
immuno-oncology.
The European market holds the
second largest share of the global tumor necrosis factor alpha inhibitors
market owing to the increasing use of effective alternative biologics and the
uptake of emerging oral therapies. The market share of tumor necrosis
factor-alpha (TNF-alpha) inhibitors for the treatment of rheumatoid arthritis
will decrease by 2020 in France, Germany, Italy, Spain, and United Kingdom.
The Asia Pacific is expected to
be the fastest growing region and is anticipated to compete with the American
market over the forecasted period.
Segmentation
The global tumor necrosis
factor alpha inhibitors market is segmented on the basis of drug, disorder
type, route of administration, stage of clinical trials, and application.
On the basis of the drug, the
global tumor necrosis factor alpha inhibitors market is segmented into Humira,
Enbrel, Remicade and others
On the basis of the disease
type, the global tumor necrosis factor alpha inhibitors market is segmented into
Alzheimer’s diseases, Parkinson’s diseases, ischemic stroke, multiple
sclerosis, and others.
On the basis of the route of
administration, the global tumor necrosis factor alpha inhibitors market is
segmented into oral, subcutaneous, intravenous, and others.
On the basis of the stage of
clinical trials, the global tumor necrosis factor alpha inhibitors market is
segmented into preclinical trial, phase 1 clinical trial, phase 2 clinical
trial, phase 3 clinical trial and phase 4 clinical trial.
On the basis of the
application, the global tumor necrosis factor alpha inhibitors market is
segmented into medicine, scientific research, and others.
Key
Players
Some of key the players in the
global tumor necrosis factor alpha inhibitors market are AbbVie Inc. (U.S.), Ablynx (Belgium), Apogenix GmBH (Germany),
AryoGen Biopharma (U.S.), Bionovis (Brazil), CASI Pharmaceuticals (U.S.),
Celltrion Healthcare (South Korea.), Celgene Corporation (U.S.), Delenex
Therapeutics (Switzerland), Dexa Medica (Indonesia), EPIRUS Biopharmaceuticals
(U.S.), Janssen Biotech (U.S.), GlaxoSmithKline Inc. (U.S.), HanAll Biopharma
(South Korea.), Intas Pharmaceuticals (India), LEO Pharma (Denmark), LG Life
Sciences (U.S.), MedImmune (U.S.), Momenta Pharmaceuticals (U.S.), Novartis AG
(Switzerland), Sanofi-Aventis (France), Zydus Cadila (India), and others.
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