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In-Depth Analysis Of The Global Kevzara Market: Key Drivers, Trends, Growth Opportunities, And Forecast 2025-2034
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Kevzara market Report 2025 - 2034
The Business Research Company's In-Depth Analysis Of The Global Kevzara Market: Key Drivers, Trends, Growth Opportunities, And Forecast 2025-2034
It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%.” - The Business Research CompanyLONDON, GREATER LONDON, UNITED KINGDOM, January 29, 2025 /EINPresswire / -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What is Expected of the Kevzara Market?
The Kevzara market size has seen significant growth in recent years. From $XX million in 2024, it is forecasted to grow to $XX million in 2025, with a compound annual growth rate CAGR of XX%. The growth in this period is attributed to rising support from healthcare providers, increasingly tailor-made treatment guidelines, a growing focus on personalized medicine, burgeoning healthcare awareness and early diagnosis, as well as success in approval stages and clinical trials. Enhancements in biologic therapies have also contributed to this steady rise.
Similarly, the market size is expected to grow considerably in the next few years. By 2029, it could reach $XX million, with a CAGR of XX%. This growth can be traced back to factors such as the increasing prevalence of rheumatoid arthritis, rising demand for immunomodulators, developments in healthcare infrastructure, rising aging population, as well as a growing health consciousness.
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How is the Prevalence of Rheumatoid Arthritis Driving the Market?
Rheumatoid arthritis RA, a chronic autoimmune disorder primarily affecting the joints, has become increasingly prevalent. This has created a surge in demand for effective treatments such as Kevzara, thereby driving its market growth. Kevzara addresses the RA symptoms by specifically blocking IL-6, a protein integral to inflammation. This mitigates the inflammation, improves joint health, and enhances the patient's overall quality of life.
For instance, in June 2024, according to the Australian Institute of Health and Welfare AIHW, approximately 514,000 people in Australia were living with rheumatoid arthritis. The disease accounted for 1,322 deaths and caused around 10,000 hospitalizations in the period of 2021-22. These statistics underscore the seriousness of the condition and emphasize the urgency for effective treatments such as Kevzara.
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Who are the Key Players in the Kevzara Market?
Sanofi S.A. and Regeneron Pharmaceuticals Inc. are two key players operating in the Kevzara market. Their contributions have been instrumental in shaping the market dynamics.
What are the Emerging Trends in the Kevzara Market?
One key trend in the market is the development of advanced products, such as interleukin-6 IL-6 receptor blocker medicine for the treatment of inflammatory disorders. For instance, the U.S. FDA approved Kevzara sarilumab for treating polymyalgia rheumatica in adults who were non-responsive to corticosteroids or couldn't tolerate a reduction in the corticosteroid dosage. This medication successfully reduced inflammation and disease activity presenting a viable alternative to long-term steroid use.
How is the Kevzara Market Segmented?
The Kevzara market has been segmented in several ways:
1 By Formulation: Injectable Formulation, Autoinjectors
2 By Indication: Treatment Of Moderate To Severe Rheumatoid Arthritis, Treatment Of Giant Cell Arteritis, Other Potential Indications
3 By Patient Demographic: Pediatric Patients, Adult Patients, Geriatric Patients
4 By Distribution Channel: Direct Sales, Wholesalers And Distributors, Retail Pharmacies, Online Pharmacies
5 By End-User: Hospitals, Specialty Clinics, Outpatient Treatment Centers, Home Healthcare Providers
What are the Regional Insights into the Kevzara Market?
In 2024, North America held the largest share of the Kevzara market. However, Asia-Pacific is anticipated to be the fastest-growing region during the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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