iCrowd Newswire
17 May 2022, 01:20 GMT+10
Asia-Pacific anti-inflammatory therapeutics market is expected to grow at a CAGR of 8.6% during the period of 2015-2020. The arthritis segment would continue to lead the Asia Pacific anti-inflammatory therapeutics market through 2020. China anti-inflammatory therapeutics market is forecast to grow at the highest CAGR of 13.9% during the forecast period.
List of Key Players
Companies have been adopting strategies such as collaborations, indication expansions and product launches as their key strategies to overcome the patent expiry issues of existing drugs and to gain additional market share. The key companies profiled in this report are Pfizer, Inc., AbbVie, Inc., Johnson & Johnson, GlaxoSmithKline plc, Merck & CO., Inc. Novartis AG, F. Hoffman La Roche AG, Eli Lily and Company, AstraZeneca PLC and Amgen, Inc.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/1175
Key Findings Of The Study
For Purchase inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1175
Rising incidences of autoimmune and respiratory diseases, increasing R&D investments in China and India and large amount of biosimilar drugs in the development pipeline would drive the growth of the Asia-Pacific anti-inflammatory therapeutics market. Furthermore, factors such as existence of established markets for NSAIDs and corticosteroids, large adoption of OTC (over the counter) NSAIDs, such as ibuprofen and naproxen, in China and India and government initiatives in the Asia-Pacific region would further boost the market growth. However, the adverse effects associated with prolonged consumption of drugs such as NSAIDs and corticosteroids and issues of uncertain patent legislations, such as compulsory licensing in India, would limit the market growth. High price sensitivity in countries such as India and China would be the key challenge for drug innovators to launch their patented drugs in the market.
The anti-inflammatory biologics segment dominated the market in 2014 and is expected to display the highest growth rate over the forecast period. This is due to the unmatched benefits offered by biological drugs and rapid adoption in countries like Japan along with improving healthcare access and increasing healthcare expenditures. Popularity of corticosteroids has been decreasing due to the issues of withdrawal symptoms and toxicity.
Tags: Asia-Pacific Anti-Inflammatory Therapeutics
See Campaign: https://www.alliedmarketresearch.com/purchase-enquiry/1175
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Tags:Financial Content, PR-Wirein, Reportedtimes, iCN Internal Distribution, Research Newswire, EnglishGet a daily dose of International Technology news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.
More InformationATLANTA, Georgia: A judge in Georgia has ruled that Delta Air Lines can continue most of its lawsuit against the cybersecurity company...
New Delhi [India], May 27 (ANI): The Supreme Court on Tuesday refused to entertain a plea challenging the Bombay High Court order,...
We are a platform dedicated to promoting the Chinese language and culture and facilitating mutual learning among civilizations, CDU...
TP Mumbai (Maharashtra) [India], May 26: Azent Overseas Education, a pioneer in study-abroad counseling, announces the launch of...
* As global trade faces mounting headwinds -- from U.S. tariffs to supply chain fragmentation -- international businesses are making...
New Delhi [India], May 25 (ANI): The very first edition of 'Rising North East Investors Summit 2025', organised by the central government...
DUBLIN, Ireland: The number of people employed in social media companies in Ireland has dropped by 11 percent since 2022, according...
ATLANTA, Georgia: A judge in Georgia has ruled that Delta Air Lines can continue most of its lawsuit against the cybersecurity company...
Mumbai (Maharashtra) [India], May 27 (ANI): As the fifth part of 'Housefull' is all set to be released in June, the makers on Tuesday...
Taipei [Taiwan], May 27 (ANI): A Chinese citizen is under investigation for potential violations of privacy after reportedly live-streaming...
Uganda has accused Berlins envoy of engaging in subversive activities in the country Uganda has suspended defense cooperation with...
Kolkata (West Bengal) [India], May 27 (ANI): West Bengal Chief Minister Mamata Banerjee on Tuesday extended her warm wishes to Rashtriya...