Tumor Necrosis Factor Alpha Inhibitors Market in Global Industry: Demands, Insights, Research
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.
Tumor
necrosis factor alpha inhibitors market is projected to boost the market at
a CAGR of 7.1%. 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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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.
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.
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.
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