Cosentyx-drug Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Cosentyx which is also known as secukinumab is an immunosuppressant drug that helps to lessen the effects of chemical substances in the human body that can cause some kind of inflammation. Secukinumab is a member of a drug family namely, monoclonal antibodies. It is effective for blocking a certain natural protein in the human body (interleukin-17A) that induces swelling. This drug is utilized for the treatment of mild to severe plaque psoriasis ranging from raised to silvery peeling off of the skin, psoriatic arthritis, and ankylosing spondylitis. This drug can negatively affect the immune system of the human body and is not advised for people with active infections. The drug is normally made available through injection which is clear to slightly opalescent, sterile, and preservative-free. Excessive dosage and adverse effects of this drug include upper respiratory tract infections, diarrhea, and oral herpes.
MARKET DYNAMICS
Factors such as increasing prevalence of skin diseases such as plaque psoriasis which leads to silvery flaking of the skin, increasing expenditure in the healthcare industry and growing focus of the companies towards clinical head-to-head trials for the treatment of psoriasis diseases will spur the demand for Cosentyx-drug market. Additionally, increasing demand for fast recovery of nail and palmoplantar psoriasis with fewer side-effects and long-term efficacy will boost the market growth to significant extent over the forecast period. However, rise in the number of generic drugs, drug-resistant species, and patent expiry impede the growth of the market in the forecasted period.
MARKET SCOPE
The "Global Cosentyx-Drug Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of Cosentyx-drug market with detailed market segmentation by type, application and geography. The global Cosentyx-drug market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Cosentyx-drug market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Cosentyx-drug market is segmented on the type, and application. Based on type, the global Cosentyx-drug market is segmented into sensoready pen, and prefilled syringe. Based on application, the global Cosentyx-drug market is segmented into hospitals, and drugs store.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cosentyx-drug market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Cosentyx-drug market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Cosentyx-drug market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Cosentyx-drug market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cosentyx-drug market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Cosentyx-drug market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Cosentyx-drug market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Cosentyx-drug market in these regions.
MARKET PLAYERS
The reports cover key developments in the Cosentyx-drug market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Cosentyx-drug market are anticipated to lucrative growth opportunities in the future with the rising demand for Cosentyx-drug market in the global market. Below mentioned is the list of few companies engaged in the Cosentyx-drug market.
The report also includes the profiles of key Cosentyx-drug market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Novartis AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cosentyx- Drug Market - By Type
1.3.2 Cosentyx- Drug Market - By Application
1.3.3 Cosentyx- Drug Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COSENTYX- DRUG MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. COSENTYX- DRUG MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. COSENTYX- DRUG MARKET - GLOBAL MARKET ANALYSIS
6.1. COSENTYX- DRUG - GLOBAL MARKET OVERVIEW
6.2. COSENTYX- DRUG - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. COSENTYX- DRUG MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SENSOREADY PEN
7.3.1. Overview
7.3.2. Sensoready Pen Market Forecast and Analysis
7.4. PREFILLED SYRINGE
7.4.1. Overview
7.4.2. Prefilled Syringe Market Forecast and Analysis
8. COSENTYX- DRUG MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. DRUGS STORE
8.4.1. Overview
8.4.2. Drugs Store Market Forecast and Analysis
9. COSENTYX- DRUG MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Cosentyx- Drug Market Overview
9.1.2 North America Cosentyx- Drug Market Forecasts and Analysis
9.1.3 North America Cosentyx- Drug Market Forecasts and Analysis - By Type
9.1.4 North America Cosentyx- Drug Market Forecasts and Analysis - By Application
9.1.5 North America Cosentyx- Drug Market Forecasts and Analysis - By Countries
9.1.5.1 United States Cosentyx- Drug Market
9.1.5.1.1 United States Cosentyx- Drug Market by Type
9.1.5.1.2 United States Cosentyx- Drug Market by Application
9.1.5.2 Canada Cosentyx- Drug Market
9.1.5.2.1 Canada Cosentyx- Drug Market by Type
9.1.5.2.2 Canada Cosentyx- Drug Market by Application
9.1.5.3 Mexico Cosentyx- Drug Market
9.1.5.3.1 Mexico Cosentyx- Drug Market by Type
9.1.5.3.2 Mexico Cosentyx- Drug Market by Application
9.2. EUROPE
9.2.1 Europe Cosentyx- Drug Market Overview
9.2.2 Europe Cosentyx- Drug Market Forecasts and Analysis
9.2.3 Europe Cosentyx- Drug Market Forecasts and Analysis - By Type
9.2.4 Europe Cosentyx- Drug Market Forecasts and Analysis - By Application
9.2.5 Europe Cosentyx- Drug Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Cosentyx- Drug Market
9.2.5.1.1 Germany Cosentyx- Drug Market by Type
9.2.5.1.2 Germany Cosentyx- Drug Market by Application
9.2.5.2 France Cosentyx- Drug Market
9.2.5.2.1 France Cosentyx- Drug Market by Type
9.2.5.2.2 France Cosentyx- Drug Market by Application
9.2.5.3 Italy Cosentyx- Drug Market
9.2.5.3.1 Italy Cosentyx- Drug Market by Type
9.2.5.3.2 Italy Cosentyx- Drug Market by Application
9.2.5.4 Spain Cosentyx- Drug Market
9.2.5.4.1 Spain Cosentyx- Drug Market by Type
9.2.5.4.2 Spain Cosentyx- Drug Market by Application
9.2.5.5 United Kingdom Cosentyx- Drug Market
9.2.5.5.1 United Kingdom Cosentyx- Drug Market by Type
9.2.5.5.2 United Kingdom Cosentyx- Drug Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Cosentyx- Drug Market Overview
9.3.2 Asia-Pacific Cosentyx- Drug Market Forecasts and Analysis
9.3.3 Asia-Pacific Cosentyx- Drug Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Cosentyx- Drug Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Cosentyx- Drug Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Cosentyx- Drug Market
9.3.5.1.1 Australia Cosentyx- Drug Market by Type
9.3.5.1.2 Australia Cosentyx- Drug Market by Application
9.3.5.2 China Cosentyx- Drug Market
9.3.5.2.1 China Cosentyx- Drug Market by Type
9.3.5.2.2 China Cosentyx- Drug Market by Application
9.3.5.3 India Cosentyx- Drug Market
9.3.5.3.1 India Cosentyx- Drug Market by Type
9.3.5.3.2 India Cosentyx- Drug Market by Application
9.3.5.4 Japan Cosentyx- Drug Market
9.3.5.4.1 Japan Cosentyx- Drug Market by Type
9.3.5.4.2 Japan Cosentyx- Drug Market by Application
9.3.5.5 South Korea Cosentyx- Drug Market
9.3.5.5.1 South Korea Cosentyx- Drug Market by Type
9.3.5.5.2 South Korea Cosentyx- Drug Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Cosentyx- Drug Market Overview
9.4.2 Middle East and Africa Cosentyx- Drug Market Forecasts and Analysis
9.4.3 Middle East and Africa Cosentyx- Drug Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Cosentyx- Drug Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Cosentyx- Drug Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Cosentyx- Drug Market
9.4.5.1.1 South Africa Cosentyx- Drug Market by Type
9.4.5.1.2 South Africa Cosentyx- Drug Market by Application
9.4.5.2 Saudi Arabia Cosentyx- Drug Market
9.4.5.2.1 Saudi Arabia Cosentyx- Drug Market by Type
9.4.5.2.2 Saudi Arabia Cosentyx- Drug Market by Application
9.4.5.3 U.A.E Cosentyx- Drug Market
9.4.5.3.1 U.A.E Cosentyx- Drug Market by Type
9.4.5.3.2 U.A.E Cosentyx- Drug Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Cosentyx- Drug Market Overview
9.5.2 South and Central America Cosentyx- Drug Market Forecasts and Analysis
9.5.3 South and Central America Cosentyx- Drug Market Forecasts and Analysis - By Type
9.5.4 South and Central America Cosentyx- Drug Market Forecasts and Analysis - By Application
9.5.5 South and Central America Cosentyx- Drug Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Cosentyx- Drug Market
9.5.5.1.1 Brazil Cosentyx- Drug Market by Type
9.5.5.1.2 Brazil Cosentyx- Drug Market by Application
9.5.5.2 Argentina Cosentyx- Drug Market
9.5.5.2.1 Argentina Cosentyx- Drug Market by Type
9.5.5.2.2 Argentina Cosentyx- Drug Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL COSENTYX- DRUG MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. COSENTYX- DRUG MARKET, KEY COMPANY PROFILES
12.1. NOVARTIS AG
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Novartis AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.