This report presents a strategic analysis of the Thailand Rheumatology Drugs Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Thailand Rheumatology Drugs Market, offering unmatched value, accuracy and expert insights.
Rheumatology refers to the discipline of internal medicine including the diagnosis and treatment of rheumatic diseases. Rheumatic diseases are defined as 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. The rise in the prevalence of rheumatoid arthritis is escalating the growth of the rheumatology therapeutics market. This rheumatology therapeutics market report provides details of new recent developments, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, and technological innovations in the market.
The Thailand Rheumatology Drug Market size is at around US $ xx Bn in 2021 and is projected to reach US $ xx Bn in 2030, exhibiting a CAGR of xx% during the forecast period.
Thailand Rheumatology Drug Market Size (In USD Bn)
(2021-2030F)
Market Growth Drivers Analysis
The market is majorly driven by the high cost of healthcare, the rising prevalence of chronic diseases as well as increasing disposable income. Besides, the federal government has a principal role in shaping all aspects of the healthcare sector. The growth in awareness regarding the early diagnosis and treatment of symptoms of rheumatology disease act as the major factor driving the growth of the rheumatology therapeutics market. The increasing prevalence of rheumatology diseases, rising trend for fitness, and growing acceptance of biopharmaceuticals accelerate the rheumatology therapeutics market growth.
Market Restraints
High costs associated with the treatment and rising demand for biosimilar products are the factors expected to obstruct the rheumatology therapeutics market growth.
Key Players
Major players in Rheumatology Drug Market are AbbVie Inc., Bristol-Myers Squibb Company, Pfizer Inc., Merck & Co., Inc., Amgen Inc., Novartis AG, Janssen Pharmaceuticals, Inc., Sanofi, Genentech, Inc., Takeda Pharmaceutical Company Limited, Johnson & Johnson Private Limited, F. Hoffmann-La Roche Ltd, UCB S.A., Lilly, Gilead Sciences, Inc., Boehringer Ingelheim International GmbH, Regeneron Pharmaceuticals Inc.
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
Drug Class
The disease-modifying anti-rheumatic drugs (DMARDs) is the major revenue contributor. Rise in awareness related to the use of DMARDs, surge in prevalence of rheumatoid arthritis, rise in obese & overweight population across the globe, and increase in adoption of DMARDs as a first-line treatment for rheumatoid arthritis are the key factors that boost the growth of the segment.
Route of administration
Sales channel
Depending on the sales channel, the prescription-based drug segment is the major shareholder in the Thailand rheumatoid drugs market, owing to the advantages offered by prescription-based drugs.
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