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Report
Multiple Sclerosis Therapies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 144 Pages I IMARC Group
The global multiple sclerosis therapies market size reached US$ 25.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2022-2028.
Multiple sclerosis (MS) refers to a chronic and inflammatory immune-mediated condition that can cause demyelination, axonal transection and neurodegeneration of the nerve cells in the spinal cord and brain. Some of the commonly used therapies include the administration of injectable, oral and infused medicines, muscle relaxants, antidepressants and physical therapy. The injectable medication, such as Interferon-beta and Glatiramer acetate, are administered under the skin or into the muscle; oral medications include Dimethyl fumarate, Teriflunomide and Cladribine; and infusion treatments include Ocrelizumab, Natalizumab and Alemtuzumab, which are administered intravenously. These medicines aid in managing the symptoms to minimize the frequency of the relapses and control the heart rate and blood pressure of the patient.
The increasing prevalence of relapsing-remitting multiple sclerosis (RRMS), primary-progressive MS (PPMS), secondary-progressive MS (SPMS) and progressive-relapsing MS (PRMS) across the globe, is one of the key factors driving the growth of the market. Furthermore, the rising geriatric population, which is more susceptible to such ailments, is providing a thrust to the market growth. Healthcare providers are widely using immunosuppressants that control autoimmune attacks and prevent relapses among patients suffering from MS. Additionally, various technological advancements, such as the development of innovative monoclonal bodies, immunomodulators, immunosuppressants and interferons for the effective treatment of MS, are acting as other major growth-inducing factors. Apart from this, governments of both the developed and emerging countries are launching campaigns to increase awareness regarding the available treatment alternatives among the masses, which, in turn, is creating a positive outlook for the market. Other factors, including extensive research and development (R&D) activities, along with the improvements in the healthcare infrastructure, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global multiple sclerosis therapies market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on drug, drug type, route of administration and distribution channel.
Breakup by Drug:
Immunomodulators
Copaxone
Avonex/Plegridy
Gilneya
Tysabri
Betaseron/Extavia
Tecifidera
Rebif
Ampyra
Immunosuppressants
Aubagio
Lemtrada
Ocrelizumab
Zinbryta
Breakup by Drug Type:
Biologic Drugs
Small Molecule Drugs
Breakup by Route of Administration:
Oral
Injectable
Intravenous
Breakup by Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Abbvie Inc., Bayer Aktiengesellschaft, Biogen Inc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG (Roche Holding AG), GlaxoSmithKline Plc, Merck & Co. Inc., Novartis AG, Sanofi S.A. and Teva Pharmaceutical Industries Ltd.
Key Questions Answered in This Report:
How has the global multiple sclerosis therapies market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global multiple sclerosis therapies market?
What are the key regional markets?
What is the breakup of the market based on the drug?
What is the breakup of the market based on the drug type?
What is the breakup of the market based on the route of administration?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global multiple sclerosis therapies market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Multiple Sclerosis Therapies Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Drug
6.1Immunomodulators
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Copaxone
6.1.2.2 Avonex/Plegridy
6.1.2.3 Gilneya
6.1.2.4 Tysabri
6.1.2.5 Betaseron/Extavia
6.1.2.6 Tecifidera
6.1.2.7 Rebif
6.1.2.8 Ampyra
6.1.3 Market Forecast
6.2Immunosuppressants
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Aubagio
6.2.2.2 Lemtrada
6.2.2.3 Ocrelizumab
6.2.2.4 Zinbryta
6.2.3 Market Forecast
7 Market Breakup by Drug Type
7.1Biologic Drugs
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Small Molecule Drugs
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Route of Administration
8.1Oral
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Injectable
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Intravenous
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1Hospital Pharmacies
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Retail Pharmacies
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Online Pharmacies
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1Abbvie Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2Bayer Aktiengesellschaft
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3Biogen Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4Bristol-Myers Squibb Company
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5F. Hoffmann-La Roche AG (Roche Holding AG)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 SWOT Analysis
15.3.6GlaxoSmithKline Plc
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7Merck & Co. Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8Novartis AG
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9Sanofi S.A.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10Teva Pharmaceutical Industries Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
Figure 1: Global: Multiple Sclerosis Therapies Market: Major Drivers and Challenges
Figure 2: Global: Multiple Sclerosis Therapies Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Multiple Sclerosis Therapies Market: Breakup by Drug (in %), 2022
Figure 4: Global: Multiple Sclerosis Therapies Market: Breakup by Drug Type (in %), 2022
Figure 5: Global: Multiple Sclerosis Therapies Market: Breakup by Route of Administration (in %), 2022
Figure 6: Global: Multiple Sclerosis Therapies Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Multiple Sclerosis Therapies Market: Breakup by Region (in %), 2022
Figure 8: Global: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Multiple Sclerosis Therapies (Immunomodulators) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Multiple Sclerosis Therapies (Immunomodulators) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Multiple Sclerosis Therapies (Immunosuppressants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Multiple Sclerosis Therapies (Immunosuppressants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Multiple Sclerosis Therapies (Biologic Drugs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Multiple Sclerosis Therapies (Biologic Drugs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Multiple Sclerosis Therapies (Small Molecule Drugs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Multiple Sclerosis Therapies (Small Molecule Drugs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Multiple Sclerosis Therapies (Oral) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Multiple Sclerosis Therapies (Oral) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Multiple Sclerosis Therapies (Injectable) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Multiple Sclerosis Therapies (Injectable) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Multiple Sclerosis Therapies (Intravenous) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Multiple Sclerosis Therapies (Intravenous) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Multiple Sclerosis Therapies (Hospital Pharmacies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Multiple Sclerosis Therapies (Hospital Pharmacies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Multiple Sclerosis Therapies (Retail Pharmacies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Multiple Sclerosis Therapies (Retail Pharmacies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Multiple Sclerosis Therapies (Online Pharmacies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Multiple Sclerosis Therapies (Online Pharmacies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia Pacific: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia Pacific: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: China: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Multiple Sclerosis Therapies Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Multiple Sclerosis Therapies Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Global: Multiple Sclerosis Therapies Industry: SWOT Analysis
Figure 78: Global: Multiple Sclerosis Therapies Industry: Value Chain Analysis
Figure 79: Global: Multiple Sclerosis Therapies Industry: Porters Five Forces Analysis
Table 1: Global: Multiple Sclerosis Therapies Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Multiple Sclerosis Therapies Market Forecast: Breakup by Drug (in Million US$), 2023-2028
Table 3: Global: Multiple Sclerosis Therapies Market Forecast: Breakup by Drug Type (in Million US$), 2023-2028
Table 4: Global: Multiple Sclerosis Therapies Market Forecast: Breakup by Route of Administration (in Million US$), 2023-2028
Table 5: Global: Multiple Sclerosis Therapies Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 6: Global: Multiple Sclerosis Therapies Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Multiple Sclerosis Therapies Market Structure
Table 8: Global: Multiple Sclerosis Therapies Market: Key Player
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