China TNF Inhibitors Market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. TNF Inhibitors market is growing globally due to the rising prevalence of autoimmune diseases like rheumatoid arthritis, psoriasis, psoriatic arthritis, inflammatory bowel disease for which TNF Inhibitors are used. Increase in number of research and development activities in tumor necrosis factor (TNF) inhibitor drugs, increasing acceptance of biologic therapies, expanding indications of TNF Inhibitors like dermatologic disorders, ophthalmic diseases, and neurological disorders and growth in ageing population. AbbVie Inc., Amgen Inc., Johnson & Johnson (Janssen Biotech, Inc.), Pfizer Inc., Novartis International AG, UCB S.A., Merck & Co., Inc., Boehringer Ingelheim International GmbH, Samsung Bioepis Co., Ltd., Sandoz International GmbH are the key global market players in TNF Inhibitors Market.
China TNF Inhibitors Market is valued at around $405.8 Mn in 2022 and is projected to reach $1004.6 Mn by 2030, exhibiting a CAGR of 12% during the forecast period 2023-2030.
Tumor Necrosis Factor inhibitors, usually referred to as TNF inhibitors, are a group of drugs used to treat different autoimmune and inflammatory disorders. They function by concentrating on and suppressing the cytokine implicated in inflammation known as tumor necrosis factor-alpha (TNF-alpha). These inhibitors, which are often created from the antibodies of human or animal cells, are commonly used to treat illnesses like ulcerative colitis, rheumatoid arthritis, plaque psoriasis, and Crohn's disease. These medications are injected into the bloodstream to trigger an immunological response and reduce inflammation. AbbVie Inc., Amgen Inc., Johnson & Johnson (Janssen Biotech, Inc.), Pfizer Inc., Novartis International AG, UCB S.A., Merck & Co., Inc., Boehringer Ingelheim International GmbH, Samsung Bioepis Co., Ltd., Sandoz International GmbH are the key global market players in TNF Inhibitors Market.
Market Growth Drivers
Rising prevalence of autoimmune diseases like rheumatoid arthritis, psoriasis, psoriatic arthritis, and inflammatory bowel disease for which TNF Inhibitors are used. Increase in number of research and development activities in tumor necrosis factor (TNF) inhibitor drugs, increasing acceptance of biologic therapies, and expanding indications of TNF Inhibitors like dermatologic disorders, ophthalmic diseases, and neurological disorders and growth in the aging population act as market growth drivers.
Market Restraints
High Cost of treatment, safety concerns like increased susceptibility to infections, infusion reactions, and potential long-term risks like malignancies and demyelinating disorders, patent expiry, and competition due to which biosimilars have entered act as market growth restraints.
Key Players
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Drug
By Product
By Application
By Distribution Channel
Methodology for Database Creation
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