Rheumatoid Arthritis – Global Drug Forecast and Market Analysis to 2029
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The rheumatoid arthritis (RA) market is expected to grow from $26.2bn in 2019 to $29.1bn in 2029 across the eight major markets (8MM*) at a compound annual growth rate (CAGR) of 1.0%. This report discusses that although the RA market is expected to grow during the forecast period, this growth will be stymied by erosion from biosimilars.
Rose Joachim, PhD, Senior Immunology Analyst at GlobalData, explains: “Between 2019 and 2029, there will be modest growth in the RA market. Growth will mainly be driven by the continued uptake of new marketed products in the Janus kinase (JAK) inhibitor class, as well as the anticipated approval and launch of four pipeline therapies.
GlobalData’s report highlights four late-stage pipeline therapies for RA. Three are biologics, including Taisho’s tumor necrosis factor inhibitor, ozoralizumab, R-Pharm’s interleukin 6 inhibitor, olokizumab, and GlaxoSmithKline’s granulocyte-macrophage colony-stimulating factor inhibitor, otilimab. The fourth drug, Roche/Genentech’s fenebrutinib, is an oral Bruton’s tyrosine kinase inhibitor. Together, these four pipeline agents are expected to represent less than 5% of the RA market in 2029, equivalent to about $1.1bn.
Despite numerous sources of growth and development in the RA market, GlobalData expects market size to be severely impacted by biologic patent expiries, and the subsequent influx of discounted biosimilar products.
Rolling launches of new biosimilars will ratchet up the competition in an already dense, complex market. However, KOLs interviewed by GlobalData have emphasized that despite all the available drugs, there is still room for the standard of care in RA to improve. In particular, they highlighted the need for therapeutic strategies targeting patients with early and preclinical RA, novel pharmaceutical options for treatment-refractory patients, as well as more personalized treatment algorithms for patients with active disease.
*8MM = US, France, Germany, Italy, Spain, the UK, Japan, and Australia; 4EU = France, Germany, Italy, and Spain
Scope
- Overview of RA including epidemiology, etiology, pathophysiology, symptoms, diagnosis, and treatment guidelines.
- Topline RA therapeutics market revenue, annual cost of therapy, and major pipeline product sales in the forecast period.
- Key topics covered include current treatment and pipeline therapies, unmet needs and opportunities, and the drivers and barriers affecting RA therapeutics sales in the 8MM.
- Pipeline analysis: Comprehensive data split across different phases, emerging novel trends under development, and detailed analysis of late-stage pipeline drugs.
- Analysis of the current and future market competition in the global RA therapeutics market.
- Insightful review of the key industry drivers, restraints and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
Key Highlights
The greatest drivers of growth in the global RA market will be the continued uptake of new products in the IL-6 and JAK inhibitor classes, the anticipated approval and launch of four pipeline therapies, a steadily climbing diagnosed prevalence rate, and a high overall treatment rate.
The main barriers to growth in the RA market will be significant market share erosion from biosimilars and tofacitinib generics as well as a challenging environment for new product launches due to intense competition in the market.
KOLs expressed measured enthusiasm for the four pipeline agents in development. Of these agents, KOLs were most interested in the two with new mechanisms of action: GSK’s GM-CSF inhibitor, otilimab, and Roche/Genentech’s BTK inhibitor, fenebrutinib. Although they were dubious that these agents’ efficacy would be comparable to that of JAK inhibitors, they believed they would expand available options for patients and could potentially be useful in future combination regimens.
The most important unmet needs in RA are those for earlier diagnosis and treatment, more cost-effective medications, personalized strategies for treatment of active disease, a better-defined approach to de-escalation of DMARDs during remission, as well as new options for patients with treatment-refractory disease.
Reasons to Buy
The report will enable you to:
- Develop and design your in-licensing and out-licensing strategies, using a detailed overview of current pipeline products and technologies to identify companies with the most robust pipelines.
- Develop business strategies by understanding the trends shaping and driving the global RA therapeutics market
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global RA market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track drug sales in the global RA therapeutics market from 2019-2029.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
KEY QUESTIONS ANSWERED
- With the increased entry of biosimilars into the RA marketplace, sales growth has begun to slacken and will likely continue to slow over the next 10 years. How will biosimilar uptake differ across the 8MM? What companies and drugs will be most affected by sales erosion from biosimilars?
- What are the main R&D trends in the RA market and which companies are leading the way?
- Are there major differences in the mechanisms of action used by therapies in late-stage versus early-stage clinical development?
- KOLs interviewed by GlobalData have indicated that there are still many remaining unmet needs within the RA indication. What are the main unmet needs in the RA market? How can the pharmaceutical industry address these needs? To what degree will the therapies under development fulfill these unmet needs?
Ablynx NV
Amgen Inc
Asahi Kasei Pharma Corp
Astellas Pharma Inc
AstraZeneca Plc
Biogen Inc
Bristol-Myers Squibb Co
Celltrion Inc
Chugai Pharmaceutical Co Ltd
Daiichi Sankyo Co Ltd
Eisai Co Ltd
Eli Lilly and Co
F Hoffman-La Roche Ltd
Galapagos NV
Genentech Ltd
Gilead Science Inc
GlaxoSmithKline Plc
Johnson & Johnson/Janssen
Merck & Co Inc/Merck Sharp & Dohme
Mitsubishi Tanabe Pharma Corp
Ono Pharmaceutical Co Ltd
Pfizer Inc
Regeneron Pharmaceuticals Inc
R-Pharm
Samsung Bioepis Co Ltd
Sandoz Inc
Sanofi
Taisho Pharmaceutical Holdings Co Ltd
Takeda Pharmaceutical Co Ltd
UCB SA
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