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Market Overview of Global Etanercept market:
According to our latest research, the global Etanercept market looks promising in the next 5 years. As of 2022, the global Etanercept market was estimated at USD 6270.0 million, and it's anticipated to reach USD 6566.0 million in 2028, with a CAGR of 0.77% during the forecast years.
Market competition risk, Fierce Competition from anti TNF Therapies
If the technology investment cannot be guaranteed in the future, or the technological leading position of the proposed product cannot be guaranteed, or the new product is not fully accepted by the market, or the current product is invaded by the competitive product, or the current product targets a more effective alternative treatment Programs or drugs, business prospects could be significantly adversely affected.
At the same time, if other companies develop similar drugs prior to research and development, or are more successful in industrialization, marketing, etc., they will face greater market competition risks, and their operating and profitability may be adversely affected.
Anti-TNF therapy forms a certain competition in the Enbrel market.
Resident income and medical ability to pay
With the development of China's economy, the per capita disposable income of residents has continued to increase. Follow With the increase in China's residents' ability to pay for health care, the ability to consume drugs is expected to be further improved.
Industrial policy brings new opportunities
Starting from the State Council's "Opinions on Deepening the Reform of the Medical and Health System" in March 2009, various departments have successively introduced policies, plans and other measures to gradually establish and improve a basic medical and health system covering urban and rural residents and a new rural cooperative medical system. To gradually provide basic public health services such as disease prevention and control, maternal and child health care, and health education to urban and rural residents, thereby comprehensively improving national health and medical standards.
Region Overview:
North America dominated the Etanercept market in 2022, with a market share of 62.48%.
Company Overview:
Amgen is one of the major players operating in the Etanercept market, holding a share of 63.9% in 2019.
Amgen
Amgen Inc. is an independent biotechnology medicines company that discovers, develops, manufactures and markets medicines for grievous illnesses. The Company focuses solely on human therapeutics and concentrates on innovating novel medicines based on advances in cellular and molecular biology.
Pfizer Inc
Pfizer Inc. operates as a pharmaceutical company. The Company offers medicines, vaccines, medical devices, and consumer healthcare products for oncology, inflammation, cardiovascular, and other therapeutic areas. Pfizer serves customers worldwide.
Segmentation Overview:
As for product types, the Enbrel segment held the largest market share in 2022.
Application Overview:
By application, the Rheumatoid Arthritis segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Etanercept market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Etanercept Market Report:
Market Size Estimates: Etanercept market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Etanercept market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Etanercept market
Segment Market Analysis: Etanercept market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Etanercept market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Etanercept Market: Revenue and sales volume of major countries in each region
Etanercept Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Etanercept market in major regions.
Etanercept Industry Value Chain: Etanercept market raw materials & suppliers, manufacturing process, distributors, downstream customers
Etanercept Industry News, Policies & Regulations
Key players in the global Etanercept market are covered in Chapter 12:
Sandoz
Amgen
Pfizer
Samsung Bioepis
In Chapter 2 and Chapter 15.1, based on types, the Etanercept market from 2018 to 2028 is primarily split into:
Enbrel
Benepali
Others
In Chapter 3 and Chapter 15.2, based on applications, the Etanercept market from 2018 to 2028 covers:
Rheumatoid Arthritis
Psoriatic Arthritis
Ankylosing Spondylitis
Juvenile Idiopathic Arthritis (JIA)
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Etanercept market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028