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Ankylosing Spondylitis Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Category : Healthcare and Pharmaceuticals | Published at : September-2023 | Delivery Format : PDF | Status: Published | Pages : 250

The Global Ankylosing Spondylitis Market Size accounted for USD 5.1 Billion in 2022 and is projected to achieve a market size of USD 9.5 Billion by 2032 growing at a CAGR of 6.5% from 2023 to 2032.

Ankylosing Spondylitis Market Highlights

  • Global Ankylosing Spondylitis Market revenue is expected to increase by USD 9.5 Billion by 2032, with a 6.5% CAGR from 2023 to 2032
  • North America region led with more than 43% of Ankylosing Spondylitis Market share in 2022
  • Asia-Pacific Ankylosing Spondylitis Market growth will record a CAGR of around 7.1% from 2023 to 2032
  • By treatment types, the medication is the largest segment of the market, accounting for over 62% of the global market share
  • By end user, the hospital is one of the largest and fastest-growing segments of the ankylosing spondylitis industry
  • Increasing prevalence and diagnosis of ankylosing spondylitis, drives the Ankylosing Spondylitis Market value

Ankylosing Spondylitis Market Trends

Ankylosing spondylitis (AS) is a chronic inflammatory autoimmune disease that primarily affects the spine and sacroiliac joints, causing pain, stiffness, and eventually leading to fusion of the affected joints. It falls under the category of spondyloarthritis, a group of related conditions that primarily target the axial skeleton. AS typically starts in early adulthood and progresses over time, often resulting in decreased mobility and a reduced quality of life for affected individuals. Symptoms may extend beyond the spine to involve other joints, eyes, and even organs in some cases.

In recent years, there has been significant interest and growth in the market for treatments and therapies related to ankylosing spondylitis. This growth can be attributed to several factors, including increased awareness and diagnosis of the condition, advancements in medical research and technology, and the development of innovative pharmaceuticals and biologics designed to manage the symptoms and slow down the progression of AS. Additionally, a growing aging population, who are more susceptible to autoimmune diseases like AS, has contributed to the expansion of this market. As the understanding of AS continues to evolve, it is likely that the market for AS-related treatments will continue to expand, offering hope for improved outcomes and better quality of life for individuals living with this challenging condition.

Ankylosing Spondylitis Market Dynamics

Global Ankylosing Spondylitis Market Trends

Market Drivers

  • Increasing prevalence and diagnosis of ankylosing spondylitis
  • Advancements in biologic therapies and treatment options
  • Growing aging population susceptible to autoimmune diseases
  • Expanding healthcare infrastructure and access to treatment
  • Rising patient awareness and advocacy efforts

Market Restraints

  • High cost of biologic medications and long-term treatment
  • Stringent regulatory requirements for drug approval

Market Opportunities

  • Development of personalized medicine approaches for AS
  • Expansion of telemedicine and digital health solutions

Ankylosing Spondylitis Market Report Coverage

Market Ankylosing Spondylitis Market
Ankylosing Spondylitis Market Size 2022 USD 5.1 Billion
Ankylosing Spondylitis Market Forecast 2032 USD 9.5 Billion
Ankylosing Spondylitis Market CAGR During 2023 - 2032 6.5%
Ankylosing Spondylitis Market Analysis Period 2020 - 2032
Ankylosing Spondylitis Market Base Year
2022
Ankylosing Spondylitis Market Forecast Data 2023 - 2032
Segments Covered By Treatment Types, By End User, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled AbbVie Inc., Amgen Inc., Pfizer Inc., Novartis AG, Eli Lilly and Company, Johnson & Johnson, UCB S.A., Boehringer Ingelheim Pharmaceuticals, Inc., Bristol Myers Squibb, Merck & Co., Inc., and GlaxoSmithKline plc (GSK)
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis
Ankylosing Spondylitis Market Dynamics

Ankylosing spondylitis (AS) is a chronic inflammatory autoimmune disease that primarily affects the axial skeleton, including the spine and sacroiliac joints. It is characterized by pain, stiffness, and eventual fusion of the affected joints. AS falls under the category of spondyloarthritis and typically manifests in early adulthood. Over time, the inflammation can lead to the formation of new bone, causing the spine to become rigid and less flexible. This can result in significant disability and a reduced quality of life for individuals with AS. Moreover, AS can extend beyond the axial skeleton to involve other joints, such as the hips and shoulders, and may even affect the eyes, heart, and other organs in some cases.

The applications related to ankylosing spondylitis are primarily in the field of healthcare and pharmaceuticals. Pharmaceutical companies and researchers are actively engaged in developing and testing new medications and therapies to manage the symptoms and slow down the progression of AS. These treatments aim to reduce pain, improve mobility, and enhance the overall well-being of patients. Additionally, advancements in diagnostic techniques and imaging technologies have improved the early detection of AS, allowing for timely intervention and treatment.

The market for ankylosing spondylitis (AS) treatments has been experiencing steady growth in recent years, driven by several key factors. One of the primary drivers is the increasing prevalence and diagnosis of AS. As healthcare systems and diagnostic capabilities improve, more individuals are being accurately identified and treated for AS, leading to a larger patient pool and higher demand for therapeutic options. Advancements in biological therapies and treatment options have also contributed significantly to market growth. These innovative medications have demonstrated effectiveness in managing AS symptoms and improving patients' quality of life. With ongoing research and development efforts, the pipeline for AS drugs continues to expand, offering new treatment options that are likely to fuel further market growth.

Ankylosing Spondylitis Market Segmentation

The global Ankylosing Spondylitis Market segmentation is based on treatment types, end user, and geography.

Ankylosing Spondylitis Market By Treatment Types

  • Medication
    • IL-17 Inhibitors
    • Nonsteroidal Anti-Inflammatory Drugs (NSAIDs)
    • TNF Inhibitors
    • Others
  • Surgery
  • Therapy

In terms of treatment types, the medication segment accounted for the largest market share in 2022. One of the most notable developments has been the emergence and widespread adoption of biologic therapies, such as tumor necrosis factor-alpha (TNF-alpha) inhibitors. These drugs have revolutionized the treatment landscape for AS, offering patients effective relief from pain and inflammation, as well as the potential to slow disease progression. The availability of biologics has expanded treatment options, leading to improved outcomes and enhanced patient quality of life. This growth in biologic therapies is expected to continue as research and development efforts focus on developing even more targeted and effective treatments for AS. Furthermore, the market for AS medications has seen the introduction of biosimilars, which are similar but not identical versions of existing biologics.

Ankylosing Spondylitis Market By End User

  • Hospitals
  • Clinics
  • Ambulatory Surgery Centres
  • Others

According to the ankylosing spondylitis market forecast, the hospitals segment is expected to witness significant growth in the coming years. The increasing prevalence of AS, coupled with the rising awareness and diagnosis rates, has led to a growing number of AS patients seeking medical care and treatment in hospitals. As the disease often requires long-term management, hospitals play a central role in providing specialized care and therapies to patients with AS. Moreover, the development of multidisciplinary AS clinics within hospitals has contributed to market growth. These specialized clinics bring together rheumatologists, orthopedic specialists, physical therapists, and other healthcare professionals to offer comprehensive and tailored treatment plans for AS patients. This approach not only improves patient outcomes but also enhances the reputation and competitiveness of hospitals in providing high-quality AS care.

Ankylosing Spondylitis Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Ankylosing Spondylitis Market Drivers

Ankylosing Spondylitis Market Regional Analysis

Geographically, North America has emerged as a dominant region in the ankylosing spondylitis (AS) market in 2022. North America benefits from a well-established and advanced healthcare infrastructure. This includes a robust network of hospitals, clinics, and specialized treatment centers that offer comprehensive care to AS patients. The availability of skilled healthcare professionals, including rheumatologists and orthopedic specialists, ensures that patients receive timely and specialized care, contributing to better disease management and outcomes. Furthermore, North America has a relatively high prevalence of AS compared to other regions, which has driven both awareness and research efforts. The region's strong focus on medical research and innovation has led to the development of cutting-edge treatments and therapies for AS. Pharmaceutical companies in North America have been at the forefront of developing biologic medications and biosimilars, which have transformed the AS treatment landscape. These innovations have not only improved the quality of life for AS patients but have also made North America an attractive market for healthcare investments and clinical trials, further cementing its dominant position in the AS market.

Ankylosing Spondylitis Market Player

Some of the top ankylosing spondylitis market companies offered in the professional report include AbbVie Inc., Amgen Inc., Pfizer Inc., Novartis AG, Eli Lilly and Company, Johnson & Johnson, UCB S.A., Boehringer Ingelheim Pharmaceuticals, Inc., Bristol Myers Squibb, Merck & Co., Inc., and GlaxoSmithKline plc (GSK).

Frequently Asked Questions

The market size of ankylosing spondylitis was USD 5.1 Billion in 2022.

The CAGR of ankylosing spondylitis is 6.5% during the analysis period of 2023 to 2032.

The key players operating in the global market are including AbbVie Inc., Amgen Inc., Pfizer Inc., Novartis AG, Eli Lilly and Company, Johnson & Johnson, UCB S.A., Boehringer Ingelheim Pharmaceuticals, Inc., Bristol Myers Squibb, Merck & Co., Inc., and GlaxoSmithKline plc (GSK).

North America held the dominating position in ankylosing spondylitis industry during the analysis period of 2023 to 2032.

Asia-Pacific region exhibited fastest growing CAGR for market of ankylosing spondylitis during the analysis period of 2023 to 2032.

The current trends and dynamics in the ankylosing spondylitis market growth include increasing prevalence and diagnosis of ankylosing spondylitis, advancements in biologic therapies and treatment options, and growing aging population susceptible to autoimmune diseases.

The medication treatment types held the maximum share of the ankylosing spondylitis industry.


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