Germany Rheumatoid Arthritis Therapeutics Market Size & Outlook
Germany rheumatoid arthritis therapeutics market, 2018-2030 (US$M)
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Germany rheumatoid arthritis therapeutics market highlights
- The Germany rheumatoid arthritis therapeutics market generated a revenue of USD 1,582.8 million in 2023 and is expected to reach USD 2,114.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, biopharmaceuticals was the largest revenue generating molecule in 2023.
- Biopharmaceuticals is the most lucrative molecule segment registering the fastest growth during the forecast period.
Rheumatoid arthritis therapeutics market data book summary
| Market revenue in 2023 | USD 1,582.8 million |
| Market revenue in 2030 | USD 2,114.0 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Biopharmaceuticals |
| Fastest growing segment | Biopharmaceuticals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceuticals, Biopharmaceuticals |
| Key market players worldwide | Boehringer Ingelheim, Novartis AG ADR, Regeneron Pharmaceuticals Inc, Pfizer Inc, Bristol-Myers Squibb Co, Roche Holding AG, UCB SA, Johnson & Johnson, Amgen Inc, AbbVie Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 6.3% of the global rheumatoid arthritis therapeutics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK rheumatoid arthritis therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,119.5 million by 2030.
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Rheumatoid Arthritis Therapeutics Market Scope
Rheumatoid Arthritis Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany rheumatoid arthritis therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rheumatoid arthritis therapeutics market will help companies and investors design strategic landscapes.
Biopharmaceuticals was the largest segment with a revenue share of 88.74% in 2023. Horizon Databook has segmented the Germany rheumatoid arthritis therapeutics market based on pharmaceuticals, biopharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The Germany rheumatoid arthritis therapeutics market is marked by comprehensive research initiatives and long-term observational studies aimed at understanding disease progression and treatment outcomes. One significant effort is the Rheumatoide Arthritis: Beobachtung der Biologika-Therapie, or the RABBIT study.
This study is conducted by the Pharmacoepidemiology group of the Epidemiology Unit at the German Rheumatism Research Center (Deutsches Rheuma-Forschungszentrum) in Berlin. The RABBIT study focuses on observing the disease and treatment courses of over 17,000 RA patients treated by approximately 400 rheumatologists across Germany.
This extensive and long-term observational approach provides valuable insights into real-world treatment practices, effectiveness of therapies, and patient outcomes, thereby informing clinical decisions and enhancing patient care.
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Our clientele includes a mix of rheumatoid arthritis therapeutics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany rheumatoid arthritis therapeutics market, including forecasts for subscribers. This country databook contains high-level insights into Germany rheumatoid arthritis therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany rheumatoid arthritis therapeutics market size, by molecule, 2018-2030 (US$M)
Germany Rheumatoid Arthritis Therapeutics Market Share, 2023 & 2030 (US$M)
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