Middle East and Africa Adalimumab Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Adalimumab, which was first licensed in the United States, is now available in more than 60 countries. Its Middle East and Africa market is consolidated, with only a few firms attempting to outsmart one other on price. Most of the major players are currently concentrating their efforts on the development of adalimumab biosimilars for the treatment of rheumatoid arthritis and psoriasis. This is seen in clinical trials testing the safety and efficacy of adalimumab biosimilars in the treatment of medical disorders. Many inflammatory disorders in adults are treated with adalimumab, including ulcerative colitis, rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, plaque psoriasis, and hidradenitis suppurativa.

Data Bridge Market Research analyses that the Middle East and Africa adalimumab market was valued at USD 134.81 million in 2021 and is expected to reach USD 181.68 million by 2029, registering a CAGR of 3.80% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation

Market Definition

Adalimumab is a prescription medicine which is sold under the brand names Humira and Exemptia. heumatoid arthritis, psoriatic arthritis, Crohn's disease, psoriasis, and ulcerative colitis are all treated with adalimumab. TNF (tumour necrosis factor alpha) is commonly bound by adalimumab. When TNF interacts to TBF receptors, an inflammatory response to autoimmune illness is triggered. By binding to a TNF, adalimumab reduces the likelihood of an inflammatory response.

Middle East and Africa Adalimumab Market Dynamics

Drivers

• Rise in the incidence rate of  autoimmune disease

The rise in incidences of autoimmune disease such as psoriatic arthritis, plaque psoriasis, ulcerative colitis, ankylosing spondylitis, rheumatoid arthritis and Crohn's disease is anticipated to flourish the growth rate of the market. Adalimumab is a medication that reduces pain and swelling while also slowing the progression of arthritis. Adalimumab is used to treat active enthesitis-related arthritis, Rheumatoid arthritis, osteoarthritis, polyarticular juvenile idiopathic arthritis and other autoimmune conditions. Along with this, the growing prevalence of chronic disorders will enhance the demand of adalimumab market.

• Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of adalimumab market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.

• Rising incidences of skin disorders

The incidences of skin disorders is estimated to propel the market’s growth rate during the forecast period of 2022-2029. The World Health Organization (WHO) estimates that 900 million people worldwide suffer from skin ailments at any given moment. TNF-alpha (tumor necrosis factor-alpha) is a critical participant in the inflammatory process that causes skin disorders including psoriasis. Adalimumab targets this protein in the body. Psoriasis is a skin condition that develops scaly red patches on the knees, elbows, trunk, and scalp. Psoriasis is caused by an overactive immune system response, which is suppressed by adalimumab. According to the National Psoriasis Foundation, 125 million individuals worldwide have psoriasis, accounting for 2 to 3 percent of the overall population, fueling market growth.

Furthermore, rising initiatives by public and private organizations to spread awareness and surging demand for biosimilar drugs owing to their cost-effectiveness will expand the adalimumab market. Additionally, surging number of geriatric population and rising cases of upper respiratory tract infection will result in the expansion of adalimumab market.

Opportunities

• Increase in the number of research and development activities       

Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the adalimumab market growth. Along with this, rising drug approvals and launches will further propel the market’s growth rate.

Moreover, rising investment for the development of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the adalimumab market growth during the forecast period.

Restraints/Challenges

• High cost as well as side effects associated with adalimumab

Adalimumab is quite expensive for persons in low and middle-income nations, costing roughly USD 2000-3000 each infusion. Furthermore, adalimumab's negative effects are expected to limit market expansion. Fever, swollen glands, night sweats, general sensation of unwell, joint and muscle pain, skin rash, easy bruising or bleeding, and others are some of the frequent adverse effects of adalimumab. Adalimumab can also cause a type of lymphoma that is fatal, as well as cancers of the liver, spleen, and bone marrow. This is most common in teenagers and young men with Crohn's disease or ulcerative colitis, which slows market growth.

On the other hand, the lack of healthcare infrastructure in developing economies and strict regulatory process linked with product approval of biosimilars will challenge the adalimumab market. Additionally, patent expiration of drugs will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.

This Middle East and Africa adalimumab market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Middle East and Africa adalimumab market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Patient Epidemiology Analysis

Middle East and Africa adalimumab market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

COVID-19 Impact on Middle East and Africa Adalimumab Market

Since its emergence in December 2019, the COVID-19  virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. COVID-19, a new coronavirus, was identified as the causal agent in the pneumonia cases. This virus spread quickly over the world, killing a large number of people. COVID-19 was labelled a Middle East and Africa pandemic by the World Health Organization (WHO) in March 2020, and rigorous measures to prevent the disease's spread were recommended. Since then, the pandemic had delayed the expansion of the healthcare sector and disrupted the supply chain. Furthermore, governments in a number of nations have imposed nationwide lockdowns in order to halt the spread of COVID-19. Similarly, healthcare organizations in numerous nations throughout the world were having difficulty continuing their supply chain activities. The adalimumab market was hampered by the supply chain slowness.

Recent Development

• In October 2021, The U.S. Food and Drug Administration (FDA) had announced the approval of first interchangeable biosimilar product for the treatment of various inflammatory diseases. The biosimilar and interchangeable approval pathway was established to help patients with critical medical conditions gain access to more treatment options. Cyltezo is the first interchangeable monoclonal antibody and the second interchangeable biosimilar medicine authorized by the FDA.

Middle East and Africa Adalimumab Market Scope

The Middle East and Africa adalimumab market is segmented on the basis of drug class, type, indication, dosage form, dosage strength, drug type, route of administration, age group, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Drug class

• Antirheumatics
• TNF Alfa Inhibitors
• Others

Indication

• Rheumatoid Arthritis
• Ankylosing Spondylitis
• Chronic Plaque Psoriasis
• Crohn's Disease
• Ulcerative Colitis
• Psoriatic Arthritis
• Juvenile Idiopathic Arthritis
• Hidradenitis Suppurativa
• Non-Infectious Intermediate
• Others

Type

• Biologics
• Biosimilars

Dosage Strength

• 40mg/0.4mlg
• 80mg/0.8mlg
• 20mg/0.2mlg
• 10mg/0.1mlg
• Others

Drug Type

• Branded
• Generics

Route of Administration

• Oral
• Parenteral
• Others

Dosage Form

• Injection
• Solution
• Tablet
• Others

Age Group

• Pediatric
• Adult
• Geriatric

End-Users

• Hospitals
• Specialty Clinics
• Homecare
• Others

Distribution Channel

• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
• Others

Middle East and Africa Adalimumab Market Regional Analysis/Insights

The Middle East and Africa adalimumab market is analysed and market size insights and trends are provided by country, drug class, type, indication, dosage form, dosage strength, drug type, route of administration, age group, end-users and distribution channel as referenced above.

The countries covered in the Middle East and Africa adalimumab market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Saudi Arabia dominates the adalimumab market because of the growing number of research and development activities to overcome the burden of arthritis diseases in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Middle East and Africa Adalimumab Market Share Analysis

The Middle East and Africa adalimumab market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Middle East and Africa adalimumab market.

Some of the major players operating in the Middle East and Africa adalimumab market are:

• Mylan N.V. (US)
• Zydus Cadila (India)
• Boehringer Ingelheim International GmbH. (Germany)
• AbbVie Inc. (US)
• Abbott (US)
• Hetero Biopharma Ltd. (India)

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