강직성 척추염 치료 시장 보고서 : 동향, 예측 및 경쟁 분석(-2030년)

Ankylosing Spondylitis Treatment Trends and Forecast

The future of the global ankylosing spondylitis treatment market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets. The global ankylosing spondylitis treatment market is expected to reach an estimated $8.4 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rising occurrence of ankylosing spondylitis, growing awareness and diagnosis of condition, and advancement in ankylosing spondylitis therapy.

• Lucintel forecasts that NSAIDs will remain the larger segment over the forecast period due to growth of ankylosing spondylitis.
• Within this market, retail pharmacy will remain the largest segment due to growing number of retail pharmacies and it is easy to reach for patients.
• North America will remain the largest region over the forecast period due to growth of geriatric population and supportive government initiatives.

Emerging Trends in the Ankylosing Spondylitis Treatment Market

There are a number of emerging trends in the ankylosing spondylitis treatment market that will shape up the future of management and care for the patients.

• Biologic Drug Innovation: Development of new biologics with activity on well-defined inflammatory pathways, including TNF and IL-17, has revolutionized the treatment of AS. These drugs are proving to be much more effective with fewer side effects than conventional therapies.
• Biosimilars Expansion: Biosimilars of existing biologics are being introduced and overall, becoming more affordable and accessible. Advanced treatments are progressively becoming available for more patients from all over the world, especially in cost-sensitive markets.
• Personalized Medicine: The advances in genetic and molecular studies result in treatment that increasingly becomes personalized. Tailoring therapies according to the genetic profile of an individual and the characteristics of a disease improves efficacy and minimizes toxicity.
• Integration of Digital Health: Digital health technologies such as wearable devices and mobile applications are playing an increasing role in monitoring and managing diseases. The information these tools provide in real time about the progression of the disease course and the response of treatment thus helps inform better clinical decisions.
• Enhanced Patient Support Programs: There is a growing focus on comprehensive patient support programs that include education, self-management tools, and psychological support. These programs aim to improve adherence to treatment and overall quality of life.

The trends growing in the market are changing the dimensions of the Ankylosing Spondylitis treatment market by introducing new therapies, improving access, and strengthening patient care.

Recent Developments in the Ankylosing Spondylitis Treatment Market

Recent advances within the Ankylosing Spondylitis treatment market show great development in new drugs and new therapeutic approaches, reflecting improvements in the management of this chronic condition.

• New Biologic Approaches: The recent approval of new biologic agents targeting TNF and IL-17 has expanded the range of treatment options. These newer drugs offer superior efficacy and safety profiles, thereby responding to the needs of patients unable to respond to conventional therapies.
• Biosimilars Launches: The launch of biosimilars in the markets of China and India has made advanced treatments increasingly more affordable. The development is likely to improve patient access to effective biologic therapies, thus enhancing overall disease management.
• Personalized Treatment Approaches: Genetic research advances are seeing personalized treatment approaches. Treatment outcomes have improved, with customized therapies based on genetic and molecular profiles that minimize side effects.
• Digital Health Solutions: The integration of digital health tools, such as wearable devices and mobile applications, is improving disease monitoring and management. These technologies provide real-time insights and support personalized treatment plans.
• Increased Awareness and Access: Similarly, public awareness campaigns about AS, including the development of healthcare infrastructures in markets such as India, further widen access to effective interventions. A step much needed for improving patient results in underserved regions.

These various developments are impinging upon the Ankylosing Spondylitis treatment market with a view to expanding the options, increasing access, and developing personalized care.

Strategic Growth Opportunities for Ankylosing Spondylitis Treatment Market

A couple of strategic growth opportunities are present in the Ankylosing Spondylitis treatment market across various applications. This also reflects the need for innovative solutions and improvement in patient care.

• Expansion of Biologic Treatments: Development and commercialization of new biologic therapies have huge growth potential. In fact, demand is high for these treatments due to their efficiency and capability in solving unmet needs related to AS management.
• Biosimilars Market Growth: The growth in the biosimilars market opens up prospects for better access to effective AS treatments. Development and marketing of biosimilars will facilitate lower costs with wider availability, especially in cost-sensitive regions.
• Development of Personalized Medicine: The attention to strategies for personalized medicine, such as genetic and molecular profiling, has been an area of opportunity. Treatments that address the needs of individual patients prove more effective and pleasing; thus, this is driving the need for more personal options.
• Digital Health Integration: This has been an increasingly emerging opportunity in the use of digital health technologies for disease monitoring and management. Development and integration of wearable devices and mobile apps can be made in support of better patient outcomes and treatment adherence.
• Patient Support Programs: Better-designed patient support programs, including education, self-management tools, and psychological support, have the potential to improve adherence to treatment and quality of life. Better investing in these programs would lead to overall better management of the disease.

All these opportunities are changing the dimensions of innovation, accessibility, and quality care, thereby shaping the Ankylosing Spondylitis treatment market.

Ankylosing Spondylitis Treatment Market Driver and Challenges

The growth of the market and challenges pertaining to the Ankylosing Spondylitis treatment market include drivers and restraints, which further comprise technology advancements, economic factors, and regulatory considerations.

The factors responsible for driving the ankylosing spondylitis treatment market include:

1. Innovation in Biologics: New biologics targeting TNF and IL-17 represent one of the drivers for market growth, promising more efficient and safer treatments that address unmet needs and improve outcomes.

2. Penetration of Biosimilars: Biosimilars are going to make treatments for AS more affordable and accessible, hence this trend is expanding the market, making advanced therapies available to a broader patient population.

3. Development of Personalized Medicine: Development of personalized treatment approaches using genetic and molecular profiling will enhance the efficacy of treatments. These advances are driving demand for tailored therapies that improve patient outcomes.

4. Increased Awareness and Penetration: Greater awareness and accessibility regarding AS treatments in developing markets drive a bigger share of the market. Improved healthcare infrastructure and education among patients enable better management of the disease.

Challenges in the ankylosing spondylitis treatment market are:

1. High Cost of New Therapies: The high cost of novel biologic drugs and personalized treatments makes them out of reach for some. It is a crucial aspect that requires attention to ensure the dissemination and expansion of such treatments.

2. Regulatory Hurdles: With newer treatment options still coming up, the regulatory requirements for these newer treatments will be challenging to work with. The observance of regulations regarding compliance allows market entry and product approval.

3. Market Competition: There is huge competition among pharmaceutical companies, which affects the share and price of the market. This demands endless innovation and differentiation within products and services to stay competitive.

These drivers and challenges are influencing technological advancement, market dynamic, and regulatory compliances, hence shaping the Ankylosing Spondylitis treatment market. To effectively address these factors becomes crucial for capitalizing on the opportunities and navigating complexities in the market.

List of Ankylosing Spondylitis Treatment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies ankylosing spondylitis treatment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ankylosing spondylitis treatment companies profiled in this report include-

• Novartis
• Amgen
• Boehringer Ingelheim International
• UCB Biopharma
• AbbVie

Ankylosing Spondylitis Treatment by Segment

The study includes a forecast for the global ankylosing spondylitis treatment by drug class, distribution channel, and region.

Ankylosing Spondylitis Treatment Market by Drug Class [Analysis by Value from 2018 to 2030]:

• NSAIDs
• TNF Inhibitors
• Others

Ankylosing Spondylitis Treatment Market by Distribution Channel [Analysis by Value from 2018 to 2030]:

• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy

Ankylosing Spondylitis Treatment Market by Region [Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Ankylosing Spondylitis Treatment Market

Developments in the ankylosing spondylitis treatment market are unceasing, with growing drug development and personalized medicine. The recent innovation pipeline is targeted at unmet needs and improving patient outcomes. Development taking place in the United States, China, Germany, India, and Japan reflects considerable improvement both in pharmaceutical treatments and supportive care strategies.

• United States: A number of new biologic agents targeting TNF and IL-17 have been made available over the last two decades. These newer agents boast better efficacy and safety profiles that have considerably advanced the care of AS patients.
• China: China is also working to increase its treatment options by introducing biosimilars to established biologics treatments. This would result in increased access and affordability for the AS patients, thus contributing to a wider adoption of effective therapies.
• Germany: There is an increasing trend of research and development studies in Germany on newer drug targets and personalized modes of treatment. Better genetic and molecular studies are leading to the emergence of better treatment options for AS.
• India: There is increasing awareness and utilization of newer modes of treatment for AS in India. Readily available TNF inhibitors and better health infrastructure are improving accessibility and availability for the patients.
• Japan: Japan is focusing on the integration of new therapies coupled with digital health in the management of AS. Of late, wearables are being utilized to monitor disease progression and treatment outcomes.

Features of the Global Ankylosing Spondylitis Treatment Market

Market Size Estimates: Ankylosing spondylitis treatment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Ankylosing spondylitis treatment market size by drug class, distribution channel, and region in terms of value ($B).

Regional Analysis: Ankylosing spondylitis treatment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different drug classes, distribution channels, and regions for the ankylosing spondylitis treatment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ankylosing spondylitis treatment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

If you are looking to expand your business in this market or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

FAQ

Q1. What is the ankylosing spondylitis treatment market size?

Answer: The global ankylosing spondylitis treatment market is expected to reach an estimated $8.4 billion by 2030.

Q2. What is the growth forecast for ankylosing spondylitis treatment market?

Answer: The global ankylosing spondylitis treatment market is expected to grow with a CAGR of 6.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the ankylosing spondylitis treatment market?

Answer: The major drivers for this market are rising occurrence of ankylosing spondylitis, growing awareness and diagnosis of condition, and advancement in ankylosing spondylitis therapy.

Q4. What are the major segments for ankylosing spondylitis treatment market?

Answer: The future of the ankylosing spondylitis treatment market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online pharmacy markets.

Q5. Who are the key ankylosing spondylitis treatment market companies?

Answer: Some of the key ankylosing spondylitis treatment companies are as follows:

• Novartis
• Amgen
• Boehringer Ingelheim International
• UCB Biopharma
• AbbVie

Q6. Which ankylosing spondylitis treatment market segment will be the largest in future?

Answer: Lucintel forecasts that NSAIDs will remain the larger segment over the forecast period due to growth of ankylosing spondylitis.

Q7. In ankylosing spondylitis treatment market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growth of geriatric population and supportive government initiatives.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the ankylosing spondylitis treatment market by drug class (NSAIDs, TNF inhibitors, and others), distribution channel (hospital pharmacy, retail pharmacy, and online pharmacy), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
• Market Report

Table of Contents

1. Executive Summary

2. Global Ankylosing Spondylitis Treatment Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

• 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
• 3.2. Global Ankylosing Spondylitis Treatment Market Trends (2018-2023) and Forecast (2024-2030)
• 3.3: Global Ankylosing Spondylitis Treatment Market by Drug Class
  • 3.3.1: NSAIDs
  • 3.3.2: TNF Inhibitors
  • 3.3.3: Others
• 3.4: Global Ankylosing Spondylitis Treatment Market by Distribution Channel
  • 3.4.1: Hospital Pharmacy
  • 3.4.2: Retail Pharmacy
  • 3.4.3: Online Pharmacy

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

• 4.1: Global Ankylosing Spondylitis Treatment Market by Region
• 4.2: North American Ankylosing Spondylitis Treatment Market
  • 4.2.1: North American Ankylosing Spondylitis Treatment Market by Drug Class: NSAIDs, TNF Inhibitors, and Others
  • 4.2.2: North American Ankylosing Spondylitis Treatment Market by Distribution Channel: Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy
• 4.3: European Ankylosing Spondylitis Treatment Market
  • 4.3.1: European Ankylosing Spondylitis Treatment Market by Drug Class: NSAIDs, TNF Inhibitors, and Others
  • 4.3.2: European Ankylosing Spondylitis Treatment Market by Distribution Channel: Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy
• 4.4: APAC Ankylosing Spondylitis Treatment Market
  • 4.4.1: APAC Ankylosing Spondylitis Treatment Market by Drug Class: NSAIDs, TNF Inhibitors, and Others
  • 4.4.2: APAC Ankylosing Spondylitis Treatment Market by Distribution Channel: Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy
• 4.5: ROW Ankylosing Spondylitis Treatment Market
  • 4.5.1: ROW Ankylosing Spondylitis Treatment Market by Drug Class: NSAIDs, TNF Inhibitors, and Others
  • 4.5.2: ROW Ankylosing Spondylitis Treatment Market by Distribution Channel: Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Ankylosing Spondylitis Treatment Market by Drug Class
  • 6.1.2: Growth Opportunities for the Global Ankylosing Spondylitis Treatment Market by Distribution Channel
  • 6.1.3: Growth Opportunities for the Global Ankylosing Spondylitis Treatment Market by Region
• 6.2: Emerging Trends in the Global Ankylosing Spondylitis Treatment Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Ankylosing Spondylitis Treatment Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Ankylosing Spondylitis Treatment Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Novartis
• 7.2: Amgen
• 7.3: Boehringer Ingelheim International
• 7.4: UCB Biopharma
• 7.5: AbbVie