Italy Rheumatoid Arthritis Therapeutics Market Size & Outlook
Italy rheumatoid arthritis therapeutics market, 2018-2030 (US$M)
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Italy rheumatoid arthritis therapeutics market highlights
- The Italy rheumatoid arthritis therapeutics market generated a revenue of USD 641.3 million in 2023 and is expected to reach USD 886.4 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.7% 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 641.3 million |
| Market revenue in 2030 | USD 886.4 million |
| Growth rate | 4.7% (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, Italy accounted for 2.6% 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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Italy 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 88.73% in 2023. Horizon Databook has segmented the Italy rheumatoid arthritis therapeutics market based on pharmaceuticals, biopharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The Italy rheumatoid arthritis therapeutics market is influenced by significant corporate acquisitions and global market dynamics. A key recent development is the acquisition of Horizon Therapeutics by Amgen in December 2022, which is expected to bolster the rheumatology sector in Italy.
Amgen's acquisition of Horizon Therapeutics, facilitated through the newly formed private company Pillartree Limited, was valued at USD 28.5 billion. This substantial acquisition indicates the growing interest and investment in the rheumatology sector and may lead to downstream effects that reshape the market landscape in Italy.
For the acquisition to proceed, antitrust clearances are required in several European countries, including Italy, along with foreign investment clearances in Italy, Denmark, France, and Germany. These regulatory processes highlight the importance of compliance and adherence to market regulations, ensuring that the acquisition does not hinder competition or restrict patient access to essential RA treatments.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy rheumatoid arthritis therapeutics market, including forecasts for subscribers. This country databook contains high-level insights into Italy rheumatoid arthritis therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy rheumatoid arthritis therapeutics market size, by molecule, 2018-2030 (US$M)
Italy Rheumatoid Arthritis Therapeutics Market Share, 2023 & 2030 (US$M)
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