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Global Multiple Sclerosis Market Segmentation 2021-2026, By Drug Class, Route of Administration and Distribution Channel – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Multiple Sclerosis (MS) Market – Analysis By Drug Class, Route of Administration, Distribution Channel, By Region, By Country (2021 Edition): Market Insights, Pipeline and Forecast with Impact of COVID-19 (2021-2026)” report has been added to ResearchAndMarkets.com’s offering.

The Global Multiple Sclerosis Market was estimated at USD 26.01 Billion in the year 2020. The introduction of disease-modifying drugs as a treatment option is a key factor that drives the growth of the global multiple sclerosis market. Various technological advancements, such as the development of innovative monoclonal bodies, immunomodulators, immunosuppressants and interferons for the effective treatment of MS, are acting as major growth-inducing factors.

Moreover, the growth of the global multiple sclerosis market is driven by shift in preference toward oral drugs. Also, an increase in the number of pipeline drugs is anticipated to offer lucrative opportunities for market expansion during the forecast period.

The expansion of the Multiple Sclerosis market is encouraged by government and non-government organizations. Government and non-governmental organizations support a variety of initiatives and programs to help persons with multiple sclerosis improve their quality of life.

The global multiple sclerosis market size is set to gain traction as many leading pharmaceutical companies are conducting clinical trials to discover innovative and effective therapies for the treatment of this immune disorder. In addition, clinical studies for the treatment of multiple sclerosis are being conducted by several pharmaceutical companies. Companies are working to create novel medicines in multiple sclerosis radiology for patients suffering from the condition which is further driving the growth of the market.

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