Rheumatology Therapeutics Market to reach USD 39,463.29 million by 2028
Rheumatology Therapeutics Market Analysis and Size
Rheumatology is a medical specialty that focuses on the diagnosis and treatment of conditions affecting the joints, muscles, bones, and connective tissues. A doctor who specializes in rheumatology is called a rheumatologist. Rheumatologists are experts in the management of various diseases and conditions, including but not limited to Rheumatoid arthritis, Osteoarthritis, Systemic lupus erythematosus (SLE), Gout, Spondyloarthropathies, Vasculitis, and Sjögren's syndrome etc.
Data Bridge Market Research analyses that the global rheumatology therapeutics market which was USD 34,632.82 million in 2022, is expected to reach USD 41,218.77 million by 2030, and is expected to undergo a CAGR of 2.2% during the forecast period 2023-2030. This indicates that the market value of disease modifying anti-rheumatic drugs (DMARD’s) dominates the type segment of the global rheumatology therapeutics market owing to the increasing aging population. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Definition
Rheumatology refers to the discipline of internal medicine including the diagnosis and treatment of rheumatic diseases. Rheumatic diseases are defined as the inflammation that affects joints, tendons, ligaments, bones and sometimes organs. These diseases are also known as musculoskeletal disease causing severe pain, deformity and morbidity. The treatment tends to be highly expensive. Several types of rheumatic diseases with different symptoms are seen all across the world among all age groups.
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Global Rheumatology Therapeutics Market Scope
The global rheumatology therapeutics market is segmented on the basis of drug class, disease indication, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Global Rheumatology Therapeutics Market, By Drug Class (Disease Modifying Anti-Rheumatic Drugs (DMARD’s), Nonsteroidal Anti-Inflammatory Drugs (NSAID’s), Corticosteroids, Uric Acid Drugs), Disease Indication (Rheumatoid Arthritis, Osteoarthritis, Gout, Psoriatic Arthritis, Ankylosing Spondylitis), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) - Industry Trends and Forecast to 2030.
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