The 7 major rheumatic diseases markets reached a value of US$ 24.6 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 29.0 Billion by 2034, exhibiting a growth rate (CAGR) of 1.5% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 24.6 Billion |
Market Forecast in 2034
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US$ 29.0 Billion |
Market Growth Rate 2024-2034
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1.5% |
The rheumatic diseases market has been comprehensively analyzed in IMARC's new report titled "Rheumatic Diseases Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Rheumatic diseases, also known as rheumatic disorders, are a group of conditions that primarily affect the joints, muscles, bones, and connective tissues. These ailments are characterized by inflammation, pain, and stiffness in the affected areas, often accompanied by a reduced range of motion as well as functional limitations. Fatigue, muscle aches, and overall weakness are also common symptoms associated with the ailment. Some rheumatic diseases may manifest with various systemic indications, like fever and skin rashes. The severity and duration of symptoms can fluctuate, with periods of flares and remissions. The diagnosis involves a comprehensive evaluation by healthcare professionals, typically rheumatologists, who specialize in these conditions. The diagnostic process often begins with a thorough medical history and physical examination, focusing on joint and musculoskeletal symptoms. Numerous laboratory procedures, including blood tests to measure markers of inflammation and specific antibodies, may be performed to support the diagnosis. Additionally, various imaging studies, such as X-rays, ultrasound, MRI, etc., can help visualize joint damage, inflammation, or other structural abnormalities. In some cases, a biopsy may be necessary in order to confirm the diagnosis.
The increasing cases of autoimmune dysfunction characterized by abnormal immune system responses, where the immune system mistakenly attacks healthy tissues in the body, are primarily driving the rheumatic diseases market. Besides this, the inflating prevalence of numerous risk factors, including hormonal influence, joint injuries, inherited connective tissue disorders, chronic stress, advancing age, etc., is also creating a positive outlook for the market. Moreover, the widespread adoption of non-steroidal anti-inflammatory drugs (NSAIDs), such as ibuprofen, naproxen, celecoxib, etc., to relieve pain and reduce inflammation associated with the ailment is further bolstering the market growth. Additionally, numerous key players are making extensive investments in R&D activities to introduce targeted therapies, including biologic and small molecule inhibitors, which directly target specific components of the immune system or signaling pathways involved in inflammation, thereby providing more effective and precise disease control. This, in turn, is also acting as another significant growth-inducing factor. Furthermore, the emerging popularity of musculoskeletal ultrasound, since it can assess synovial inflammation, tendon abnormalities, and joint effusions, aiding in diagnosis and treatment monitoring, is expected to drive the rheumatic diseases market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the rheumatic diseases market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for rheumatic diseases and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the rheumatic diseases market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current rheumatic diseases marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Krystexxa (Pegloticase) | Horizon Therapeutics |
Cosentyx (Secukinumab) | Novartis |
Kineret (Anakinra) | Swedish Orphan Biovitrum AB |
Naprosyn (Naproxen) | Canton Laboratories |
VIB1116 | Viela Bio |
KPL-404 | Kiniksa Pharmaceuticals |
RTX-GRT7039 | Grunenthal |
Zilosul | Paradigm Biopharma |
EVI01 | Aptissen |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Rheumatic Diseases: Current Treatment Scenario, Marketed Drugs and Emerging Therapies