The global Multiple Sclerosis (MS) drugs market size was USD 23.68 Billion in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period. Market revenue growth is primarily driven by factors such as growing prevalence of this disease across the globe and rising requirement for rapid diagnosis and treatment leading to an increase in demand for MS drugs. MS is a nervous system disease, which affects spinal cord and brain. MS damages myelin sheath, which surrounds and protects human nerve cells. It is a neurodegenerative disorder, which has no cure currently. In addition, various symptoms of this disorder include fatigue, challenges to mobility, and issues with vision. It is estimated that in the U.S. alone there are approximately 1 million individuals suffering with MS.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Multiple Sclerosis Drugs market include:

Biogen, Novartis AG, F. Hoffmann-La Roche Ltd., Bayer AG, Pfizer Inc., Merck & Co., Inc., Sanofi, Teva Pharmaceutical Industries Ltd., GSK plc., and Acorda Therapeutics

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Multiple Sclerosis Drugs market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Multiple Sclerosis Drugs Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Multiple Sclerosis Drugs Market Segmentation:

• Drug Class Outlook (Revenue, USD Million; 2019–2030)

  • Immunomodulators
  • Immunosuppressors
  • Interferons
  • Others

• Route of Administration Outlook (Revenue, USD Million; 2019–2030)

  • Oral
  • Parenteral
    1. Intramuscular
    2. Subcutaneous
    3. Intravenous

• Distribution Channels Outlook (Revenue, USD Million; 2019–2030)

• • Hospital Pharmacy
  • Retail Pharmacy
  • Online Stores

Multiple Sclerosis Drugs Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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