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Global Inflammatory Bowel Disease Market Projected to Reach USD 21,888.23 Million By 2026

21-May-2020 | Facts and Factors

Findings from Facts and Factors has authored “Inflammatory Bowel Disease Treatment Market By Product (Crohn Diseases and Ulcerative Diseases), By Route of Administration (Orals and Parental) By Distribution channel (Hospitals Pharmacy, Retail Pharmacy and Others Pharmacy): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”. states that the global Inflammatory Bowel Disease market in 2019 is approximately USD 15,509.22 Million. The market is anticipated to grow at a CAGR of 4.41% and is projected to reach around USD 21,888.23 Million by 2026.

Inflammatory bowel disease is an intestinal disorder characterized by chronic inflammation of the digestive tract. They are of two type’s ulcerative colitis and crohn’s diseases. According to data, inflammatory bowel diseases affect at least 1.6 Million American, these people having age below 35. This disorder comes under the category of chronic; life longing condition can be treated by medicine easily. These types of disorders mainly affect the quality of the life and some time affect the individual financially.

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In Crohn’s disease, any part of the GI tract can be affected, start from the mouth to the anus, but most commonly part includes the end of the small intestine. In Ulcerative colitis, mostly large part of the intestine is affected. Physicians prescribe injectables and oral drug as a part of the therapy.

Browse the full “Inflammatory Bowel Disease Treatment Market By Product (Crohn Diseases and Ulcerative Diseases), By Route of Administration (Orals and Parentals) By Distributon channel (Hospitals Pharmacy, Retail Pharmacy and Others Pharmacy): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026" https://www.fnfresearch.com/inflammatory-bowel-disease-treatment-market-by-product-crohn

The market is driven by increasing number of awareness across the world. In addition, increasing effective treatment is also considered one of the major driving factors for the growth of the market. Financial burden in individual is one of the major factors affecting the growth of the market. High per-capita healthcare expenditure in developed countries coupled with increasing per capita income and public awareness in developing market of Asia pacific will bring huge opportunities for the market within the forecast period.

In product type, the market is classified into two types Crohn’s disease and Ulcerative colitis. Crohn’s diseases hold the largest market shares in the year 2019. People suffering from crohn’s diseases are comparatively larger than ulcerative colitis. It is estimated that crohn’s accounts for approximately more than 65% of the market shares in the year 2019.

Based on type of route of drug administration, the market is fragmented into two types: oral and injectables. Anti-inflammatory drug are mostly prescribed to the patients suffering from ulcerative colitis and given orally. Other drugs commonly prescribed are corticosteroids, antibiotic, immune-modulators and other biologic therapies. Site of administration depends upon type of the drug and other various factors like drug efficacy and patient age and others.

Based on end-users, the market is classified into: hospital pharmacy, retail Pharmacy and other pharmacy. Hospital pharmacy held the largest market share in the year 2019. Hospital pharmacy is the major distributor of drug to the patients and thus acquired the largest market shares.

In general report is classified into five regions: North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America accounts for the largest market share in the year 2019. This growth will remain continue within the forecast period. Growth is mainly due to presence of healthcare infrastructure in this region. In addition rising per capita healthcare expenditure is the major factor for the growth of this region. Europe region is mainly dominated by Country like UK, Germany, France, Italy and Others.

Some of the most important market players in the global Inflammatory Bowel Disease Treatment market are Johnson & Johnson Services Inc.; Pfizer Inc.; AbbVie Inc.; Takeda Pharmaceutical Company Limited, Celltrion Healthcare Co., Ltd.; CELGENE CORPORATION; COSMO PHARMACEUTICALS; Innovate Biopharmaceuticals; UCB S.A.; and Gilead Sciences.

The taxonomy of the Inflammatory Bowel Disease Treatment Market by its scope and segmentation is as follows:

Global Inflammatory Bowel Disease Treatment Market: Product Segment Analysis

  • Crohn’s disease
  • Ulcerative colitis

Global Inflammatory Bowel Disease Treatment Market: Route of Administration Segment Analysis

  • Injectables
    • TNF-inhibitors
    • IL inhibitors
    • Anti-integrin
    • Others
  • Oral
    • ASAs
    • Corticosteroids
    • JAK inhibitors
    • Others

Global Inflammatory Bowel Disease Treatment Market: Application Segment Analysis

  • Hospital Pharmacy
  • Retail Pharmacy
  • Others Pharmacy

Global Inflammatory Bowel Disease Treatment Market: By Region Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest Of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle East & Africa
    • GCC Countries
    • South Africa

Rest of Middle East & Africa

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