Humira-based Ankylosing Spondylitis Treatment Market Size (2024 – 2030)

The global Humira-based Ankylosing Spondylitis Treatment Market size was exhibited at USD 5.3 billion in 2023 and is projected to hit around USD 8.08 billion by 2030, growing at a CAGR of 6.2% during the forecast period from 2024 to 2030.

There are still some factors propelling the market for Humira-based treatments for Ankylosing Spondylitis, notwithstanding the emergence of biosimilars. With a long and prosperous history, Humira has successfully helped people experience less pain, stiffness, and inflammation. Humira is a reliable alternative because of its proven effectiveness, particularly for people who haven't found treatment with other medications.  There are still few therapy options available for moderate-to-severe instances of ankylosing spondylitis. Even if there are new medications in the works, Humira is still widely used. Humira accessibility for patients can also be greatly increased by favorable reimbursement rules in some nations, particularly for individuals who might not otherwise be able to afford it. Certain patients might prefer a brand-name drug, and certain doctors might feel better at ease prescribing a proven remedy like Humira.

Key Market Insights:

The market for Humira-based treatments for spondylitis is at a turning point. Its supremacy is being undermined by biosimilar competition, which is causing a drop in its specific market share. There is still hope for the Ankylosing Spondylitis treatment landscape, which is predicted to develop because of things like more knowledge of the illness and new treatment choices. The Humira market faces difficulties such as a crowded treatment landscape and affordability in comparison to biosimilars. However, there are chances. Healthcare systems might be persuaded of Humira's worth by emphasizing its proven effectiveness through data-driven arguments on long-term benefits relative to some biosimilars. Humira's cost may be justified by investigating combination therapies that include it with other drugs to enhance patient results. Humira may become more widely available in poorer nations where the market for ankylosing spondylitis treatments is booming through clever pricing or collaborations. Lastly, enhancing patient convenience through better delivery strategies might increase adherence to therapy and eventually enhance patient outcomes. The Humira-based market has the potential to secure a significant position in the rapidly developing Ankylosing Spondylitis therapy market by seizing these chances and adjusting to the shifting circumstances.

Global Humira-based Ankylosing Spondylitis Treatment Market Drivers:

The Lasting Advantage: Humira's Verified Success in Treating Ankylosing Spondylitis

Even with the competition from biosimilars, Humira has a considerable advantage due to its lengthy history of efficacy as a treatment for Ankylosing Spondylitis. Humira has been proven to be beneficial in lowering pain, stiffness, and inflammation, the three main symptoms of this condition through years of clinical research and practical application. This abundance of information gives doctors and patients confidence in Humira's capacity to treat illness. Humira's proven track record is especially important for individuals who haven't experienced relief from previous drugs.  Humira provides a dependable choice for patients who have not seen sufficient symptom control with previous therapies since it can handle even complex instances.

Brand Awareness and Physician Experience in the Ankylosing Spondylitis Market Relating to Humira

Even with the introduction of biosimilars, therapy choices for Ankylosing Spondylitis might still be influenced by physician experience and brand familiarity. Due to brand awareness from advertising or favorable recommendations from others, patients may be drawn to Humira.  Patients may also be more willing to reorder Humira if they have had success using medication for a different ailment.  Conversely, doctors typically feel more at ease writing prescriptions for drugs they know, and Humira's extensive track record as a successful treatment for Ankylosing Spondylitis contributes to this trust.  Humira's proven track record can also help doctors who are experienced in managing its possible side effects and tracking patient response to therapy expedite the patient's course of care.  

Global Humira-based Ankylosing Spondylitis Treatment Market Restraints and Challenges:

The market for ankylosing spondylitis treatments based on Humira is confronted with various obstacles. The biggest obstacle is the patents covering Humira expiring, which will allow competitors to provide biosimilars. These biosimilars are substantially less expensive than Humira while having a similar functional profile. Healthcare systems and insurers are under pressure due to this pricing disparity, which could cause a move towards biosimilars and a decrease in the use of Humira. Moreover, Humira's high price is still a barrier, especially in areas with tight healthcare budgets. Furthermore, although Humira is a beneficial medication, some people develop negative effects that require stopping the medication or looking for other options. Together, these elements provide a difficult environment for the market for Humira-based treatments for spondylitis.

Global Humira-based Ankylosing Spondylitis Treatment Market Opportunities:

There are prospects in the market for Humira-based treatments for spondylitis. As value-based care becomes more prevalent in healthcare systems, Humira has an opportunity to prove its value. Humira's long-term efficacy and lower disease burden as compared to other biosimilars may be sufficient to support the drug's ongoing usage in particular patient situations. Improved patient results could make the cost of Humira more reasonable. This could be achieved by doing research into combination therapies, which involve Humira together with other drugs or physical therapy. There is a chance in the expanding Ankylosing Spondylitis therapy market in underdeveloped nations. Patients who previously couldn't afford Humira may now have greater access to it thanks to strategic pricing structures or partnerships. Improving injectable equipment or providing at-home delivery options with an emphasis on patient convenience may boost treatment compliance and adherence, which will ultimately enhance patient outcomes.

HUMIRA-BASED ANKYLOSING SPONDYLITIS TREATMENT MARKET REPORT COVERAGE:

Global Humira-based Ankylosing Spondylitis Treatment Market Segmentation: By Treatment Regimen

• Dosage

• Combination Therapy

The market for Humira-based treatments for Ankylosing Spondylitis is dominated by combination therapy. This power comes from its capacity to provide a one-two punch: other drugs target specific symptoms, while Humira regulates underlying inflammation. Improved patient outcomes are the result of this combination. Combination therapy also enables doctors to customize the regimen to meet the specific needs of each patient.  Combination therapy is the largest and fastest-growing market due to these variables combined.

Global Humira-based Ankylosing Spondylitis Treatment Market Segmentation: By Patient Demographics

• Disease Severity

• Treatment Duration

• Age

Regarding patient demographics, the category with the highest growth in the Humira-based Ankylosing Spondylitis market is probably disease severity. Since Humira works best in cases ranging from mild to severe, it is a go-to medication for people who require a focused approach to inflammation.  Given that severe cases frequently necessitate ongoing care, Humira is well-positioned to gain a bigger market share among this expanding patient base according to its proven track record. 

Global Humira-based Ankylosing Spondylitis Treatment Market Segmentation: By Region

• North America 

• Asia-Pacific 

• Europe 

• South America 

• Middle East and Africa

Due to the high disease frequency in the United States and Canada as well as the commercial sales of branded pharmaceuticals, North America was the largest area, accounting for almost 60% of the overall share. The branded pharma industry's patent expiration has given biosimilars a chance. For example, the launch of Inflectra, Ixifi & Renflexis, and Avsola, following Remicade's patent expiration, is an example of how major players' initiatives support market growth in North America. Novartis AG and TrialSpark collaborated to increase patient access to clinical trials. This partnership will expedite the enrollment process and aid in the quicker development of novel treatments.

COVID-19 Impact Analysis on the Global Humira-based Ankylosing Spondylitis Treatment Market:

The global market for Humira-based treatments for Ankylosing Spondylitis had interruptions due to the COVID-19 pandemic. Humira was temporarily unavailable due to factory closures and issues with the supply chain, which affected patient access to treatment. Furthermore, it's possible that institutional limitations and a change in healthcare priority towards COVID-19 cases delayed the diagnosis and start of Humira treatment for ankylosing spondylitis. This is probably a transient impact. As supply chains stabilize and healthcare systems resume regular operations, the market is anticipated to rebound. However, because hospitals and insurers were under financial pressure, the pandemic may have sped up the adoption of biosimilars by encouraging them to look for less expensive alternatives. In contrast to pre-pandemic forecasts, this might cause the market's Humira-based segment to drop more quickly.

Recent Trends and Developments in the Global Humira-based Ankylosing Spondylitis Treatment Market:

A high-concentration formulation called Hyrimoz® was launched by Sandoz, signaling the company's entry into the US immunology market. Rheumatoid arthritis, juvenile idiopathic arthritis, ankylosing spondylitis, ulcerative colitis, Crohn's disease, plaque psoriasis, and hidradenitis suppurativa are among the conditions for which Hyrimoz HCF is licensed.

Amgen declared that AMJEVITATM, the first Humira biosimilar, is now available in the US. Because of its history of creating and manufacturing biologics and its many years of experience in the field of inflammation, Amgen is uniquely suited to doing the same. Biosimilars are FDA-approved, well-researched medications with the potential to lower costs.

Key Players:

1. AbbVie, Inc.

2. Amgen, Inc.

3. Eli Lilly and Company

4. Johnson & Johnson Services, Inc.

5. Merck & Co., Inc.

6. Novartis AG

7. Pfizer, Inc.

8. UCB, Inc.