Definition:
This market covers drugs to treat the neurological autoimmune disease multiple sclerosis. As there is no cure for multiple sclerosis, the goal is to improve functions after an attack or to prevent attacks. Different types of medication include immunomodulators, immunosuppressants, and interferons. Monoclonal antibodies are now being increasingly used.
Additional information:
Market values represent the revenues generated by manufacture prices paid to primary vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), companies (B2B), and governments (B2G).
Company examples: Biogen, Roche, Novartis, Sanofi
Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.
Most recent update: Jun 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Mar 2024
Most recent update: Mar 2024
Source: Statista Market Insights
Switzerland, a country known for its scenic beauty, is also a key player in the global pharmaceutical industry. The country is home to some of the world's leading pharmaceutical companies, and the Multiple Sclerosis Drugs market in Switzerland is no exception.
Customer preferences: Switzerland has a high prevalence of Multiple Sclerosis (MS), with an estimated 15,000 people living with the disease. The country has a well-developed healthcare system, and patients have access to a wide range of treatments. Swiss patients are generally well-informed about the disease and the available treatment options. They tend to prefer drugs that have been proven to be effective and have a good safety profile.
Trends in the market: The Multiple Sclerosis Drugs market in Switzerland has been growing steadily over the past few years. The market is driven by the increasing prevalence of MS in the country and the availability of new and innovative treatments. The market is dominated by a few key players, but there is also a growing number of smaller companies entering the market with new treatments.One of the key trends in the market is the shift towards oral treatments. In recent years, there has been a growing demand for oral treatments that offer convenience and ease of use for patients. This trend is expected to continue in the coming years as more oral treatments are developed and approved.Another trend in the market is the increasing use of biosimilars. Biosimilars are drugs that are similar to existing biologic drugs but are less expensive. They are becoming increasingly popular in Switzerland, as they offer a cost-effective alternative to existing treatments.
Local special circumstances: Switzerland has a strong regulatory framework for pharmaceuticals, which ensures that drugs are safe and effective before they are approved for use. The country also has a well-developed healthcare system, which provides patients with access to a wide range of treatments.One of the unique features of the Swiss healthcare system is the role of health insurance. All residents are required to have health insurance, and the cost of healthcare is shared between the individual and the insurance company. This system ensures that patients have access to the treatments they need, regardless of their ability to pay.
Underlying macroeconomic factors: Switzerland has a strong economy and a stable political environment, which makes it an attractive market for pharmaceutical companies. The country also has a highly skilled workforce, which is essential for the development and production of new drugs.The Swiss franc is a strong currency, which can make drugs more expensive for foreign buyers. However, the country's reputation for quality and innovation means that many pharmaceutical companies are willing to pay a premium for Swiss-made drugs.In conclusion, the Multiple Sclerosis Drugs market in Switzerland is a growing and dynamic market, driven by the increasing prevalence of MS and the availability of new and innovative treatments. The market is characterized by a shift towards oral treatments and the increasing use of biosimilars. Switzerland's strong regulatory framework and well-developed healthcare system make it an attractive market for pharmaceutical companies.
Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Jun 2024
Source: Statista Market Insights
Data coverage:
Data encompasses B2B, B2G, and B2C spend. Figures are based on drug revenues allocated to the country where the money is spent. Monetary values are given at manufacturer price level excluding VAT.Modeling approach / Market size:
Market sizes are determined by a top-down approach, based on a specific rationale for each market. As a basis for evaluating markets, we use financial information of the key players by market. Next, we use relevant key market indicators and data from country-specific associations, such as industry associations. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. The main driver is healthcare expenditure. Expiring patents and new drugs in the pipeline are also considered.Additional notes:
Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. This market comprises prescription drugs and all OTC drugs covered in the Statista OTC Pharmaceuticals market. However, in the OTC Pharmaceuticals market, revenues are based on end-consumer prices.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights