Multiple sclerosis (MS) is a chronic neurological disease caused by an unknown inflammatory process in the central nervous system (CNS), resulting in multifocal demyelination and axonal loss primarily in the white matter but also in the grey matter of both the brain and the spinal cord. Clinical manifestations vary depending on the anatomical location of inflammatory lesions and are expressions of acute demyelination, which can resolve completely or partially chronic demyelination, and neuroaxonal injury, which is generally irreversible, or both. Based on whether episodic acute demyelinating events or the chronic neurodegenerative process predominate, the clinical course is classified as either relapsing-remitting, which accounts for approximately 60% of prevalent cases, or progressive.
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Top Market Players Covered in the Multiple Sclerosis Drugs Market:
Biogen (Massachusetts, U.S.), Pfizer Inc. (New York, U.S.), F. Hoffmann-La Roche Ltd. (Basel, Switzerland), Novartis AG (Basel, Switzerland), Merck & Co., Inc. (New Jersey, U.S.), Sanofi (Paris, France), Teva Pharmaceutical Industries Ltd. (Petah Tikva, Israel), Bristol-Myers Squibb Company (New York, U.S.) and Other Major Players.
The global Multiple Sclerosis Drugs Market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Global Multiple Sclerosis Drugs Market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Global Multiple Sclerosis Drugs Market study. The market research includes raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Global Multiple Sclerosis Drugs Market trends, major leading countries/regions, market risk, and market driving force. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Global Multiple Sclerosis Drugs Market Report:
Here are some common segmentation criteria for the Multiple Sclerosis Drugs Market :
By Drug Class
· Immunosuppressants
· Interferon
· Others
By Diagnosis
· Magnetic resonance imaging (MRI)
· Blood test
· Lumbar puncture
· evoked potential test
By Route of Administrations
· Injection
· Oral
· Others
By Distribution channels
· Online Pharmacy
· Hospital Pharmacy
· Retail Pharmacy
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Key Industry Development In The Multiple Sclerosis Drugs Market
· In April 2022, Roche issued a warning that Russia's attack on Ukraine is interfering with the development of a new generation of multiple sclerosis (MS) drugs, as the industry has come to rely disproportionately on Eastern Europe for clinical trials.
· In August 2020, Novartis launched its U.S. Food and Drug Administration (FDA) approved subcutaneous injection for the treatment of relapsing multiple sclerosis. Kesimpta is the name of that injection (ofatumumab).
· In January 2020, Bristol Myers Squibb will launch Zeposia. This is one of the more affordable drugs available on the market for people suffering from multiple sclerosis.
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