Global market valuation was derived through revenue mapping and patient-volume analysis. The methodology included:
• Identification of 35+ key pharmaceutical manufacturers across North America, Europe, Asia-Pacific, and Latin America (including Biogen, Roche/Genentech, Novartis, Sanofi, Merck KGaA, Bayer, Teva, Bristol-Myers Squibb, Johnson & Johnson, and emerging BTK inhibitor developers)
• Product mapping across immunomodulators (interferon-beta, glatiramer acetate), immunosuppressants (cladribine, mitoxantrone), monoclonal antibodies (anti-CD20s, natalizumab), S1P receptor modulators, fumaric acid esters, and emerging neuroprotective agents
• Analysis of reported and modeled annual revenues specific to MS therapeutic portfolios, including breakdown by route of administration (oral vs. injectable/infusion) and distribution channel (hospital pharmacy vs. specialty pharmacy vs. retail)
• Coverage of manufacturers representing 80-85% of global market share in 2024 (reflecting concentrated nature of MS therapeutics market)
• Extrapolation using bottom-up (treated prevalent population × treatment penetration rates × average cost of therapy by country) and top-down (pharmaceutical revenue validation across 7MM and emerging markets) approaches to derive segment-specific valuations for interferons, monoclonal antibodies, and oral DMTs