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Giant Cell Arteritis Drug Market 2020-2026 COVID-19 Pandemic Shaping Global Demand | Major Giants – Novartis AG, AbbVie Inc, Chugai Pharmaceutical Co., Ltd, Bristol-Myers Squibb Company, Abbott, Johnson & Johnson Services

Giant Cell Arteritis Drug Market

A proficient data and brilliant forecasting techniques used in this Giant Cell Arteritis Drug Market report are synonymous with accurateness and correctness. The document is a meticulous analysis of existing scenario of the market, which covers several market dynamics. This market research report endows with the plentiful insights and business solutions that will support to stay ahead of the competition. The most precise way to forecast what future holds is to understand the trend today and hence Giant Cell Arteritis Drug Marketing report has been structured by chewing over numerous fragments of the present and upcoming market scenario.

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This Giant Cell Arteritis Drug Market report is the consequence of incessant efforts lead by clued-up forecasters, innovative analysts and bright researchers who indulge in detailed and attentive research on different markets, trends and emerging opportunities in the consecutive direction for the business needs. Company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles that are part of this report. Quality and transparency has been strictly maintained while carrying out research studies to offer an exceptional market research report for a niche. A thoughtful knowledge of industrial unanimity, market trends and incredible techniques via this Giant Cell Arteritis Drug Market report gives an upper hand in the market.

Global giant cell arteritis drug market is growing at a steady CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the increasing prevalence of cardiovascular disorders, development in the healthcare expenditure and rise in investment from government, public & private organizations for the development of novel drugs.

The key market players in the global giant cell arteritis drug market are Sanofi, Kiniksa Pharmaceuticals, Ltd, Regeneron Pharmaceuticals, Inc, GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd, Novartis AG, AbbVie Inc, Chugai Pharmaceutical Co., Ltd, Bristol-Myers Squibb Company, Abbott, Johnson & Johnson Services, Inc, Mundipharma Research, Merck & Co., Inc, Clearside Biomedical, Inc, Servier, Incyte Corporation, Eli Lilly and Company, CSL Limited and others.

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Market Definition: Global Giant Cell Arteritis Drug Market

Giant cell arteritis or temporal arteritis is associated with polymyalgia rheumatic, is a cardiovascular disorder that causes inflammation in the blood vessels such as arteries of the head, neck and arms. Inflammation causes narrowing and blockade of the blood vessels which interrupts blood flow to vital organs. Patient’s with giant cell arteritis experiences symptoms such as severe head pain, fever, fatigue, weight loss, Vision loss or double vision.

According to the statistics published in National Organization for Rare Disorders, Inc. it is estimated 20 in every 100,000 people in the northern European populations and 10 in every 100,000 in the southern European populations are diagnosed with giant cell arteritis. It is most commonly affected in geriatric population and found more common in Caucasians population. The emergence of drugs used in the treatment of risk associated with giant cell arteritis and huge investment in research and development are the key drivers for market growth.

Segmentation: Global Giant Cell Arteritis Drug Market

Giant Cell Arteritis Drug Market : By Mechanism of Action

  • Corticosteroids
  • Immunosuppressive Agents
  • Anticoagulants
  • Others

Giant Cell Arteritis Drug Market : By Drugs

  • Prednisone
  • Methotrexate
  • Tocilizumab
  • Aspirin
  • Others

Giant Cell Arteritis Drug Market : By Diagnosis

  • Blood tests
  • Imaging tests
  • Biopsy

Giant Cell Arteritis Drug Market : By Treatment

  • Medication
  • Supplements
  • Surgery

Giant Cell Arteritis Drug Market : By Route of Administration

  • Oral
  • Intravenous
  • Subcutaneous
  • Others

Giant Cell Arteritis Drug Market : By Distribution Channel

  • Direct
  • Online Pharmacy
  • Retailers
  • Others

Giant Cell Arteritis Drug Market : By End-Users

  • Hospitals
  • Homecare
  • Specialty Clinics

Giant Cell Arteritis Drug Market : By Geography

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Key Developments in the Giant Cell Arteritis Drug Market

  • In September 2017, F. Hoffmann-La Roche Ltd received European Commission (EC) approval for Actemra /RoActemra (tocilizumab) for the treatment of giant cell arteritis. Giant cell arteritis is a chronic and life-threatening disorder. This is the first therapy approved for the treatment of giant cell arteritis (GCA) in Europe. F. Hoffmann-La Roche Ltd becomes the global leader of giant cell arteritis treatment market
  • In May 2017, F. Hoffmann-La Roche Ltd received the U.S FDA approval for Actemra (tocilizumab) to treat adults with giant cell arteritis. Giant cell arteritis is a chronic and life-threatening disorder. This is the first FDA approved therapy for giant cell arteritis; F. Hoffmann-La Roche Ltd becomes the global leader of giant cell arteritis treatment market. FDA also granted this application a Breakthrough Therapy designation and a Priority Review.

Giant Cell Arteritis Drug Market Drivers

  • Increasing prevalence of cardiovascular disorders across the world is driving the market growth
  • Rising expenditure on public health programs is acting as a catalyst for the growth of this market
  • Increasing urbanization and aged population is also boosting the market growth
  • New launches of products annually is driving the market growth

Giant Cell Arteritis Drug Market Restraints

  • High research and development costs is hindering the growth of this market
  • High medical cost is also restraining the market growth
  • Lack of awareness regarding the needs and treatments in developing countries acts as a restraining factor for this market
  • Lack of approved drugs for the treatment of giant cell arteritis is also hampering the market growth

Opportunities in the Giant Cell Arteritis Drug Market Report :

  1. Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
  2. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Giant Cell Arteritis Drug Market report.
  3. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
  4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.

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