Global Inflammatory Bowel Disease Treatment Market Overview And Prospects – Includes Inflammatory Bowel Disease Treatment Market Size
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The global inflammatory bowel disease treatment market is expected to grow from $19.52 billion in 2021 to $20.48 billion in 2022 at a compound annual growth rate (CAGR) of 4.93%. The global inflammatory bowel disease market size is expected to grow to $24.84 billion in 2026 at a compound annual growth rate (CAGR) of 4.94%.
The rising prevalence of Crohn’s disease and ulcerative colitis is significantly driving the inflammatory bowel disease treatment market.
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The inflammatory bowel disease treatment market consists of sales of inflammatory bowel disease therapeutics and drugs by entities (organizations, partnerships, and sole proprietors) that are used to provide medical treatment for inflammatory bowel diseases. Inflammatory bowel disease refers to two medical conditions, Crohn’s disease and ulcerative colitis, characterized by chronic inflammation of the gastrointestinal (GI) tract. Treatment for inflammatory bowel disease aims to minimize the inflammation, maintain remission, and prevent complications.
Global Inflammatory Bowel Disease Treatment Market Segments Include:
By Drug Class: Aminosalicylates, Corticosteroids, TNF inhibitors, IL inhibitors, Anti-integrin, JAK inhibitors, Others
By Type: Crohn’s Disease, Ulcerative Colitis
By Route of Administration: Oral, Injectable
By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global inflammatory bowel disease treatment market in 2021.
Technological advancement is a key trend gaining popularity in the inflammatory bowel disease treatment market. The key players in the inflammatory bowel disease treatment market are focusing on using technology such as artificial intelligence (AI) for the drug discovery process as well as offering advanced but new inflammatory bowel disease treatments. To attain their technological innovations, key players and technology companies are partnering to leverage each other’s competencies and technology to develop new treatments and strengthen their key position in the market.
TBRC’s Inflammatory Bowel Disease Treatment Market Report Covers:
Major Market Players: AbbVie Inc, Biogen, Johnson & Johnson, Amgen Inc, UCB SA, Novartis AG, Takeda Pharmaceutical Company Limited, Merck & Co, Pfizer Inc, Abbott Laboratories, Janssen Biotech Inc, Eli Lilly, Allergan plc, Alkem Laboratories Limited, and Bausch Health Companies Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Inflammatory Bowel Disease Treatment Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides inflammatory bowel disease treatment market overviews, analyzes and forecasts market size, share, inflammatory bowel disease treatment market players, inflammatory bowel disease treatment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s inflammatory bowel disease treatment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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