India Rheumatoid Arthritis Therapeutics Market Size & Outlook
India rheumatoid arthritis therapeutics market, 2018-2030 (US$M)
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India rheumatoid arthritis therapeutics market highlights
- The India rheumatoid arthritis therapeutics market generated a revenue of USD 508.2 million in 2023 and is expected to reach USD 912.2 million by 2030.
- The India market is expected to grow at a CAGR of 8.7% 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 508.2 million |
| Market revenue in 2030 | USD 912.2 million |
| Growth rate | 8.7% (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, India accounted for 2.0% 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 Asia Pacific, China rheumatoid arthritis therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,006.3 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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India 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 88.71% in 2023. Horizon Databook has segmented the India rheumatoid arthritis therapeutics market based on pharmaceuticals, biopharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The India rheumatoid arthritis therapeutics market is experiencing key developments with the approval and progression of generic and biosimilar treatments, reflecting the country's commitment to improving access to affordable & effective healthcare options.
In August 2023, Zydus Lifesciences Ltd received final approval from the U.S. FDA to manufacture and market its generic Indomethacin suppositories indicated for moderate to severe RA. This approval granted Zydus Lifesciences 180-day Competitive Generic Therapy (CGT) exclusivity, allowing the company to market its generic Indomethacin suppositories of 50mg strength.
This development expanded the company's product portfolio and offered a more affordable treatment option for RA patients in India & potentially in international markets. In December 2022, Dr. Reddy's Laboratories Ltd. announced the successful completion of the Phase 1 study for its proposed biosimilar of Tocilizumab, a treatment for RA in adults.
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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 India rheumatoid arthritis therapeutics market, including forecasts for subscribers. This country databook contains high-level insights into India rheumatoid arthritis therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India rheumatoid arthritis therapeutics market size, by molecule, 2018-2030 (US$M)
India Rheumatoid Arthritis Therapeutics Market Share, 2023 & 2030 (US$M)
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