The adalimumab market is expected to show negative growth during the forecast period 2020-2026. Adalimumab is sold by AbbVie Inc., under the brand name of Humira. It was the first approved treatment of rheumatoid arthritis in the US in 2002 and in the EU in 2003. Humira is a biological therapy administered as a subcutaneous injection. In 2019, Humira accounted for around 58% of the total net revenue of AbbVie Inc., with revenue of $19.1 billion as compared to $19.9 billion in 2018. The high cost of the Humira is able to provide a significant market to the adalimumab market. It is due to the high annual costs of the drug. For instance, in the US, the annual cost of using Humira was around $19,000 in 2012 which has risen to around $38,000 with rebates in 2018 and about $50,000 without rebates.
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The global adalimumab market is segmented based on disease and type. On the basis of disease, the market is segmented into rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ulcerative colitis, and others. Rheumatoid arthritis is expected to hold the major market share during the forecast period. By type, the market is bifurcated into branded and generic drugs. Till 2023, branded drugs are expected to have a major market share and a significant market growth will be witnessed until 2023 however after that a steep downfall is expected in the branded drug revenue. However, generic drugs are expected to grow with a lucrative growth rate during the forecast period.
Secondary Sources Include:
Financial reports of companies involved in the market
Whitepapers research-papers, and news blogs
Company websites and their product catalogue
The report is intended for a healthcare service provider, medical device companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
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Market Overview and Insights
Scope of the Report
Analyst Insight & Current Market Trends
Key Findings
Recommendations
Conclusion
Rules & Regulations
Market Segmentation
Global Adalimumab Market by Product Type
Topical Stretch Mark Minimizers
Pregnancy Test Kits
Toning and Body Firming Gel
Restructuring Gel
Breast Cream
Others (Itching Prevention Cream, Stressed Leg Products)
Global Adalimumab Market by Distribution Channels
Hospital Pharmacies
Retail Stores
Online Channels
Company Profiles
AbbVie Inc.
Alvotech hf
Amgen Inc.
Bio-Thera Solutions Ltd.
Boehringer Ingelheim International GmbH
Bristol-Myers Squibb Co.
Cadila Healthcare Ltd.
Emcure Pharmaceuticals Ltd.
Fujifilm Kyowa Kirin Biologics Co. Ltd.
Hetero Healthcare Ltd.
Innovent Biologics, Inc.
Merchant Logo
Novartis International AG (Sandoz)
Pfizer Inc.
Reliance Life Sciences Pvt. Ltd.
Samsung Bioepis Co. Ltd
Terumo Corp.
Torrent Pharmaceuticals Ltd.
Market Determinants
Motivators
Restraints
Opportunities
Medical Food Market – Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Europe
North-American
Japan
India
Rest of North-American
Rest of the World
Latin America
Middle East and Africa
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