iCrowd Newswire
17 May 2022, 05:50 GMT+10
Asia-Pacific anti-inflammatory therapeutics market is expected to grow at a CAGR of 8.6% during the period of 2015-2020. The arthritis segment would continue to lead the Asia Pacific anti-inflammatory therapeutics market through 2020. China anti-inflammatory therapeutics market is forecast to grow at the highest CAGR of 13.9% during the forecast period.
List of Key Players
Companies have been adopting strategies such as collaborations, indication expansions and product launches as their key strategies to overcome the patent expiry issues of existing drugs and to gain additional market share. The key companies profiled in this report are Pfizer, Inc., AbbVie, Inc., Johnson & Johnson, GlaxoSmithKline plc, Merck & CO., Inc. Novartis AG, F. Hoffman La Roche AG, Eli Lily and Company, AstraZeneca PLC and Amgen, Inc.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/1175
Key Findings Of The Study
For Purchase inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1175
Rising incidences of autoimmune and respiratory diseases, increasing R&D investments in China and India and large amount of biosimilar drugs in the development pipeline would drive the growth of the Asia-Pacific anti-inflammatory therapeutics market. Furthermore, factors such as existence of established markets for NSAIDs and corticosteroids, large adoption of OTC (over the counter) NSAIDs, such as ibuprofen and naproxen, in China and India and government initiatives in the Asia-Pacific region would further boost the market growth. However, the adverse effects associated with prolonged consumption of drugs such as NSAIDs and corticosteroids and issues of uncertain patent legislations, such as compulsory licensing in India, would limit the market growth. High price sensitivity in countries such as India and China would be the key challenge for drug innovators to launch their patented drugs in the market.
The anti-inflammatory biologics segment dominated the market in 2014 and is expected to display the highest growth rate over the forecast period. This is due to the unmatched benefits offered by biological drugs and rapid adoption in countries like Japan along with improving healthcare access and increasing healthcare expenditures. Popularity of corticosteroids has been decreasing due to the issues of withdrawal symptoms and toxicity.
Tags: Asia-Pacific Anti-Inflammatory Therapeutics
See Campaign: https://www.alliedmarketresearch.com/purchase-enquiry/1175
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Tags:Financial Content, PR-Wirein, Reportedtimes, iCN Internal Distribution, Research Newswire, EnglishGet a daily dose of Houston Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Houston Mirror.
More InformationSAN FRANCISCO, California: In response to a string of shootings that have broken out at U.S. properties it lists, rental ...
SYDNEY, NSW, Australia - Stocks in Asia strengthened on Tuesday with major gains recorded across the region.The Reserve Bank of ...
NEW DELHI, India: As the Indian government aims to increase local fuel supplies to meet rising demand and boost federal ...
HOUSTON, Texas: Exxon Mobil Corp said this week that profits from skyrocketing fuel prices could result in a record $16 ...
BEIJING, China: Chinese airlines announced last week that they would purchase some 300 Airbus jets. This is the largest order ...
SYDNEY, NSW, Australia - Stocks in Asia generally moved higher on Monday despite continuing concerns over a potential global recession. ...
SOFIA, Bulgaria: Russian diplomats and their families departed Bulgaria over the weekend, amidst heightened tensions between the two eastern European ...
JOHANNESBURG, South Africa: More frequent power cuts in South Africa have affected households and businesses across the country, with state-owned ...
HONG KONG: An engineering vessel with 30 people on board went missing 200 miles off Hong Kong after it snapped ...
NICE, France -As some 1,000 Frenchmen are being hospitalized daily with Covid infections, French officials have "invited" or "recommended" the ...
BRUSSELS, Belgium: Negotiations on a free trade agreement between the European Union and New Zealand ended successfully this week, paving ...
CAIRO, Egypt: Egyptian authorities have prohibited swimming in a stretch of the Red Sea after an Australian woman was killed ...