Multiple Sclerosis Therapeutics Market is estimated to be US$ 30.62 billion by 2030 with a CAGR of 2.50% during the forecast period


Posted May 30, 2023 by aishwarya

Multiple Sclerosis Therapeutics Market is estimated to be US$ 30.62 billion by 2030 with a CAGR of 2.50% during the forecast period
 
The Global Multiple Sclerosis Therapeutics Market accounted for US$ 24.03 billion in 2020 and is estimated to be US$ 30.62 billion by 2030 and is anticipated to register a CAGR of 2.50%. Herbal medicine (also herbalism) is that the study of pharmacognosy and therefore the use of medicinal plants, which are a basis of traditional medicine. There is limited scientific evidence for the security and efficacy of plants utilized in 21st century herbalism, which generally doesn't provide standards for purity or dosage. The scope of herbal medicine commonly includes fungal and bee products, also as minerals, shells and certain animal parts. Herbal medicine is additionally called phytomedicine or phytotherapy.

The report “Global Multiple Sclerosis Therapeutics Market, by Drug Class (Beta Interferon, Corticosteroids, Monoclonal Antibodies, Antineoplastic Agents, and Others), by Route of Administration (Oral and Injectable), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

In 2021, U.S. FDA approves J&J's multiple sclerosis treatment; launch in April. (Reuters) - Johnson & Johnson will launch its newly approved drug for adults with relapsing multiple sclerosis (MS) in the United States in early April 2021 at a similar price point to rival treatments.
Analyst View:

Currently, there is no cure for MS however; number of treatment can help to control the condition. Treatment modalities are depends on specific symptoms and difficulties of patient, which includes treating relapses with short courses of steroid medication, disease modifying therapies, and specific treatments for individual MS symptoms. Increasing prevalence of multiple sclerosis among the global population, along with extensive research and development (R&D) activities undertaken by key players and government research organizations will accelerate the market growth.

Browse 60 maret data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Multiple Sclerosis Therapeutics Market, by Drug Class (Beta Interferon, Corticosteroids, Monoclonal Antibodies, Antineoplastic Agents, and Others), by Route of Administration (Oral and Injectable), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2030”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Multiple-Sclerosis-Therapeutics-Market-54
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Last Updated May 30, 2023