The demand within the global anti-rheumatics market is a function of advancements in orthopedics and general healthcare. Rheumatoid arthritis (RA) can majorly disrupt the quality of life in affected individuals, making it necessary for the healthcare industry to develop effective lines of treatment and management. It is estimated that 1 in every 3 persons in the 18-64 age bar suffer from arthritis of some form. This is a daunting statistic that is suggestive of the need for aggressive development of drugs that can treat arthritis. Rheumatoid arthritis and osteoarthritis are amongst the most common types of arthritis in US patients. In recent years, the pharmaceutical industry has shown commendable resilience in developing effective drugs that can alleviate the impact of rheumatoid arthritis on patients’ health.
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Research Focus Grows as Patients of Rheumatoid Arthritis Show Signs of Illness in Other Body Parts
Although rheumatoid arthritis primarily affects human joints, it can also affect other parts of the body including the skin, nerve tissues, kidneys, and blood vessels. Therefore, mortality hazards for patients with RA are 60-70% higher as against patients suffering from other forms of arthritis. Therefore, the medical research fraternity has lately adopted an intensive and exhaustive approach to medicinal research related to treatment of rheumatoid arthritis. The trend of using anti-rheumatics is gaining momentum as patients get versed with the risk associated with prolonged RA. Medical counselling and awareness initiatives have caused a noticeable uptick in sale of anti-rheumatics.
Positive Results in Controlling Disease Progression to Keep Up Market Expansion
The collective efforts of rheumatologists and the healthcare industry have raised greater awareness about the impacts of rheumatoid arthritis. This has led to early diagnosis and better management of RA in patients, especially the elderly. The visible success in stopping the progression of RA has led to the consumption of anti-rheumatics with greater conviction. In some respects, awareness has bred fear and reactiveness amongst the people who are now quick to go for diagnosis and treatment. In its severe form, RA could trigger osteoporosis, carpal tunnel syndrome, and drying of eyes and mouth. This factor has also led the masses to give no second thoughts while subscribing to the use of anti rheumatics.
North America to Hold Out Prominent Opportunities for Growth in Anti Rheumatics Sales
The high incidence of arthritis across the US has created abundant demand for anti-rheumatics in the region. Besides, presence of a seamless healthcare sector that prioritizes geriatric care and wellness has also given a push to the sale of anti-rheumatics. The Center for Disease Control and Prevention finds that 54.4 million adults in the US suffer from arthritis.
This is an alarming statistic that is pushing to healthcare sector in North America to ramp up its capabilities in RA management. Henceforth, North America shall continue to be a key market for sale of anti-rheumatics.
Some of the prominent companies in the global anti-rheumatics market are Pfizer Inc., Bristol-Myers Squibb Company, Johnson & Johnson, F. Hoffmann-La Roche Ltd, Eli Lilly and Company, Celgene Corporation, and Merck & Co., Inc.
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