Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 16.1 Billion | USD 31.1Billion | 4% | 2022 |
FrequentlyAsked Questions
Etanercept is a biopharmaceutical that is used to treat autoimmune disorders such as psoriatic arthritis, plaque psoriasis, juvenile idiopathic arthritis, rheumatoid arthritis, and ankylosing spondylitis.
The global etanercept market growth is owing to a rise in lifestyle-related diseases such as diabetes, obesity, and high blood pressure.
According to a study, the global etanercept industry size was $16.1 billion in 2022 and is projected to reach $31.1 billion by the end of 2030.
The global etanercept market is anticipated to record a CAGR of nearly 4% from 2023 to 2030.
The North American etanercept industry is set to register the highest CAGR over the forecasting timeline owing to the presence of key companies in countries such as the U.S., the rapid uptake of new treatments, and the accessibility of modern treatment options available in the region.
The global etanercept market is led by players such as Pfizer Inc., GlaxoSmithKline Pharmaceuticals Ltd., Samsung Bioepis Co. Ltd., Novartis International AG, Immunex Corporation, F. Hoffmann-La Roche Ltd., Takeda Pharmaceutical Company Ltd., Cipla Limited, Johnson & Johnson, and Celltrion Inc.
The etanercept market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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