Ankylosing Spondylitis Market: Current Trends and Future Outlook
Symptoms and complications for many patients can be
controlled or reduced by following a regular treatment plan. The early signs
and symptoms of ankylosing spondylitis might include pain and stiffness in the
lower back and hips, especially in the morning and after periods of inactivity.
Neck pain and fatigue also are common. Over time, symptoms might worsen,
improve or stop at irregular intervals.
The ankylosing spondylitis has no known specific cause,
though genetic factors seem to be involved. In particular, people who have a
gene called HLA-B27 are at a greatly increased risk of developing ankylosing
spondylitis. However, only some people with the gene develop the condition. The
ankylosing spondylitis can be diagnosed with physical examination. In addition,
MRI and X-ray imaging tests are performed for diagnosis of ankylosing
spondylitis.
The ankylosing spondylitis cannot be cured or treated
completely but symptoms of disease can be managed with drug treatment and
physical exercise. For the management of pain associated with ankylosing
spondylitis generally NSAIDs are preferred. In addition, TNF inhibitors,
corticosteroids and disease-modifying antirheumatic drugs (DMARDs) are used for
management of inflammation in ankylosing spondylitis. Furthermore, monoclonal
antibodies has been approved for treatment of ankylosing spondylitis.
The growth of the global ankylosing
spondylitis market is majorly driven by an increase in prevalence
of ankylosing spondylitis. For instance, according to paper published in
Scandinavian Journal of Rheumatology, in 2020, titled ‘Prevalence of ankylosing
spondylitis in Spain’, the study found that about 7.3% population shows
positive screening for ankylosing spondylitis. Furthermore, rise in number of
orthopedic hospitals and diagnostic centers boost the diagnosis and treatment
of diseases. For instance, according to Definitive Healthcare data in 2020
there are more than 30,500 orthopedic surgeons in the U.S.
Moreover, advancement in ankylosing spondylitis therapy is
anticipated to contribute toward the growth of the ankylosing spondylitis
market. For instance, in August, 2019, Lilly, a leading manufacturer of
biopharmaceuticals, receives U.S. FDA Approval for Taltz (ixekizumab) for the
Treatment of Active Ankylosing Spondylitis. Taltz is a monoclonal antibody used
to reduce inflammation and pain. However, high cost of ankylosing spondylitis
therapy and adverse effects of drugs used for treatment of ankylosing spondylitis
restricted the market growth during the forecast period.
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