"Designing Growth Strategies is in our DNA"
Rheumatoid arthritis is a chronic autoimmune disease, which causes inflammation in the joints, connective tissue, muscles, tendons, and fibrous tissue leading to swelling and pain. Rheumatoid arthritis usually affects the hands, wrists, and feet. In rheumatoid arthritis, the body recognizes the body tissue as antigens and starts producing antibodies against its body tissue leading to inflammation. Rheumatoid arthritis is more prevalent in women in comparison to men.
While the newer treatment options for arthritis have dramatically improved patient outcomes, severe rheumatoid arthritis can still cause physical disabilities. Notably, the latest product launches in diagnostics leading to early diagnosis have also aided the expansion of rheumatoid arthritis testing industry. For instance, in 2019, Microdrop LLC (aware), announced the launch of their at-home rheumatoid arthritis screening test, which is likely to strengthen the company’s position in rheumatoid arthritis treatment.
Key Market Driver -
Increasing prevalence of rheumatoid arthritis combined with increase in technological advancements and efficiency in testing
Key Market Restraint -
Risks associated with rheumatoid arthritis testing combined with non-reliance of some testing measures
Global rheumatoid arthritis testing market growth is being driven by the increasing prevalence of rheumatoid arthritis, increasing awareness, increasing efficient treatment options, and favorable health reimbursement. According to the World Health Organization (WHO), the global prevalence varies between 0.3% and 1.0% and is estimated to be more common in women and the developed regions. This, combined with the increasing technological advancements in rheumatoid arthritis is further expected to result in rheumatoid arthritis testing market growth.
On the flip side, the complications associated with the rheumatoid arthritis testing, the large numbers of undiagnosed rheumatoid arthritis patients and the non-reliance of some rheumatoid arthritis testing measures are the factors that can restrain the growth in global rheumatoid arthritis testing market.
The major companies covered in the global rheumatoid arthritis testing market report include Abbott Laboratories, F. Hoffmann-La Roche Ltd., Beckman Coulter, Inc., Siemens Healthcare GmbH, Microdrop LLC (imaware), Augurex Life Sciences Corp., Qiagen, Svar Life Science AB (Euro Diagnostica), Exagen Inc., Aviva Systems Biology Corporation, Bio-Rad Laboratories Inc., and other players.
As per the current rheumatoid arthritis testing market trends, serological tests among the test type are anticipated to register a higher market share in the global rheumatoid arthritis testing market owing to the ease of use and quick results.
The global rheumatoid arthritis testing market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The rheumatoid arthritis testing market is anticipated to expand in North America during the forecast years owing to the new product launches, technological advancements, and increasing number of patients with rheumatoid arthritis.
To gain extensive insights into the market, Request for Customization
The Centers for Disease Control and Prevention (CDC) projected that by 2040, 78.4 million people worldwide would be diagnosed with arthritis compared with the 54.4 million in 2013-2015 and approximately 34.6 million adults will be reported with arthritis attributed activity limitations, which is expected to drive the rheumatoid arthritis testing market in North America. In Europe, the high prevalence of rheumatoid arthritis and the adoption of technologically advanced tests are projected to augment the rheumatoid arthritis testing market by the end of 2026. In the Asia Pacific and Latin America, the evolving healthcare infrastructure and increasing awareness regarding rheumatoid arthritis are anticipated to fuel the rheumatoid arthritis testing market growth during the forecast period. Additionally, rheumatoid arthritis testing market in the Middle East and Africa is in the nascent stage; however, unmet needs for rheumatoid arthritis treatment is expected to drive the market growth in this region.
By Test Type
By End User
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry