LONDON--(BUSINESS WIRE)--Technavio has announced their latest pipeline analysis report on the ankylosing spondylitis market. The report comprises an in-depth analysis of the pipeline molecules under investigation within the defined data collection period to treat ankylosing spondylitis.
This report presents a detailed analysis of the market, including regulatory framework, drug development strategies, recruitment strategies, and key companies that are expected to play an essential role in the growth of the market in the coming years.
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Ankylosing Spondylitis - market overview
Ankylosing Spondylitis is derived from two words - ankylosing meaning fusion and spondylitis meaning inflammation of the spine. It causes severe chronic pain and discomfort to the patient. Ankylosing Spondylitis gradually spreads to other areas of the body such as shoulders, hips, heels, and small joints of the hand and feet.
According to a senior analyst at Technavio for central nervous system research, “In advanced cases, disease progression can lead to overgrowth of bones, which results in abnormal joining of bones or fused vertebrae, thus affecting the mobility of the patient.”
Companies primarily comprising of private players dominated the drug development space for ankylosing spondylitis. Public institutions involved in healthcare and education sectors such as University College, Dublin and Tabriz University of Medical Sciences are also involved in drug development.
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Ankylosing spondylitis segmentation
This market research report segments the ankylosing spondylitis market based on RoA (oral, intravenous, and subcutaneous), therapeutic modalities (small molecules and biological molecule), targets for drugs under development (Janus kinase -1, TNF alpha, and interleukin) and mechanism of action (JAK -1 inhibitor, interleukin inhibitor and TNF inhibitor).
The subcutaneous RoA is expected to account for around 73% of the market share followed by the oral and intravenous segments. In terms of therapeutic modalities, the biological molecule segment accounted for 82% of the market share. Biological molecules or natural atoms is a term used for particles that are available in all live forms. Biomolecules include macro-molecules or polyanions such as protein, starches, lipids and nucleic acids.
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