Rheumatoid arthritis drug market will grow to $18.2 billion in 2023, report
The rheumatoid arthritis (RA) disease-modifying antirheumatic drug market will increase from $14 billion in 2013 to over $18.2 billion in 2023 in the USA, France, Germany, Italy, Spain, the UK and Japan, new research has forecast.
According to a new report from Decision Resources Group, TNF-alpha inhibitors will remain the leading drug class in both sales and patient shares in the RA market, but growth will be constrained and patient shares will decline due to the uptake of oral Janus kinase (Jak) inhibitors and the entry of alternative biological agents.
In particular, the growth of the Jak inhibitor drug class, driven by the anticipated approval of Pfizer's (NYSE: PFE) tofacitinib (Xeljanz) in Europe and two emerging drugs - Eli Lilly (NYSE: LLY)/Incyte's '(Nasdaq: INCY) baricitinib and Vertex's (Nasdaq: VRTX) VX-509 - will be the major contributor to the growth of the RA market from 2013 to 2023.
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