Axial Spondyloarthritis (axSpA) Treatment Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Axial Spondyloarthritis (axSpA) Treatment Market is segmented By Drug Class (TNF Inhibitors (Infliximab, Etanercept), IL-17 Inhibitors (Secukinumab, I....

Axial Spondyloarthritis (axSpA) Treatment Market Size

Market Size in USD

CAGR7.5%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR7.5%
Market ConcentrationHigh
Major PlayersAbbVie Inc., Novartis AG, Pfizer Inc., UCB Pharma, Eli Lilly and Company
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Axial Spondyloarthritis (axSpA) Treatment Market Analysis

The axial spondyloarthritis (axSpA) treatment market is estimated to be valued at USD 6.02 billion in 2024 and is expected to reach USD 10 billion by 2031, growing at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. Increased prevalence of axSpA and rising population are major drivers responsible for growth of this market. Additionally, development and launch of novel biologic therapies for axSpA treatment such as IL-23 and IL-17 inhibitors have boosted the market growth over the past years.