Global Multiple Sclerosis Therapeutics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Drug Class;

Beta Interferon, Corticosteroids, Monoclonal Antibodies, Antineoplastic Agents, and Others

By Route of Administration;

Oral and Injection

By Distribution Channel;

Hospital, Retail Pharmacies, and Online Pharmacies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn126859289 Published Date: May, 2025 Updated Date: June, 2025

Multiple Sclerosis Therapeutics Market Overview

Multiple Sclerosis Therapeutics Market (USD Million), 2021 - 2031

Multiple Sclerosis Therapeutics Market was valued at USD 26,693.48 million in the year 2024. The size of this market is expected to increase to USD 38,190.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.


Global Multiple Sclerosis Therapeutics Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.3 %
Market Size (2024)USD 26,693.48 Million
Market Size (2031)USD 38,190.90 Million
Market ConcentrationMedium
Report Pages343
26,693.48
2024
38,190.90
2031

Major Players

  • Teva Pharmaceuticals
  • Bayer Healthcare
  • Biogen Idec
  • Pfizer Inc.
  • Merck
  • Novartis
  • Janssen Pharmaceuticals, Inc
  • Bristol-Myers Squibb Company
  • AbbVie among others

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Multiple Sclerosis Therapeutics Market

Fragmented - Highly competitive market without dominant players


The Multiple Sclerosis Therapeutics Market continues to grow as the number of individuals affected by this autoimmune neurological condition increases. Characterized by nerve damage due to immune system attacks on myelin, MS requires consistent therapeutic management. Nearly 65% of patients eventually experience progressive symptoms, prompting demand for long-term treatment solutions that can delay deterioration and preserve function.

Growing Preference for Disease-Modifying Options
Clinicians and patients alike are favoring disease-modifying therapies (DMTs) to reduce relapse rates and decelerate disability progression. Currently, more than 70% of MS patients rely on these therapies to manage their condition. This trend reflects growing awareness of early treatment benefits and a strong shift away from symptom-only management toward proactive disease control.

Transition to Convenient Delivery Methods
The emergence of oral medications and injectables with extended dosing intervals is revolutionizing patient compliance. About 55% of recent prescriptions are for oral therapies, suggesting a patient-driven shift toward treatments that offer greater convenience and reduced clinical burden. These advancements are making it easier for individuals to stay on therapy and maintain stability in their condition.

Innovative Biologics Reshaping Treatment Landscape
Advanced biologics and immunotherapy options are contributing significantly to therapeutic innovation in the MS space. Representing nearly 48% of active development pipelines, these therapies are designed to precisely target immune pathways involved in MS. Their increasing use reflects a move toward precision medicine that offers improved safety and effectiveness profiles.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug Class
    2. Market Snapshot, By Route of Administration
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Multiple Sclerosis Therapeutics Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Prevalence Of Autoimmune Neurological Disorders
        2. Advancements In Disease-Modifying Therapeutic Agents
        3. Growing Awareness About Early MS Diagnosis
        4. Increased Focus On Personalized Treatment Protocols
      2. Restraints
        1. High Cost Of Long-Term MS Therapies
        2. Limited Access To Specialized MS Care Centers
        3. Complexity In MS Diagnosis And Classification
        4. Adverse Effects Associated With MS Drug Use
      3. Opportunities
        1. Development Of Neuroprotective And Remyelinating Therapies
        2. Integration Of Digital Tools For Symptom Management
        3. Collaborative Research In Genomics And Immunology
        4. Expansion Of Telemedicine In MS Patient Care
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Multiple Sclerosis Therapeutics Market, By Drug Class, 2021 - 2031 (USD Million)
      1. Beta Interferon
      2. Corticosteroids
      3. Monoclonal Antibodies
      4. Antineoplastic Agents
      5. Others
    2. Multiple Sclerosis Therapeutics Market, By Route of Administration, 2021 - 2031 (USD Million)
      1. Oral
      2. Injection
    3. Multiple Sclerosis Therapeutics Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hospital
      2. Retail Pharmacies
      3. Online Pharmacies
    4. Multiple Sclerosis Therapeutics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Teva Pharmaceuticals
      2. Bayer Healthcare
      3. Biogen Idec
      4. Pfizer Inc.
      5. Merck
      6. Novartis
      7. Janssen Pharmaceuticals, Inc
      8. Bristol-Myers Squibb Company
      9. AbbVie among others
  7. Analyst Views
  8. Future Outlook of the Market