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Crohn’s Disease Market 2018-2022 to Grow with Allergan, Inc., AbbVie Inc., Bayer AG, Pfizer Inc., and Johnson & Johnson Services, Inc. etc. Dominating

09-25-2018 08:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Crohn’s Disease Market

Crohn’s Disease Market

Crohn's Disease is a type of Inflammatory Bowel Disease (IBD) that affects any part of the gastrointestinal tract from mouth to anus. Increasing demand for biologics for treating or preventing bowel disorders such as ulcerative collates and crohn's disease is driving the overall growth of the crohn's disease market. High cost of treatment is the major factor that is restricting the market growth. Crohn’s Disease Market is Expected to Grow at a CAGR of 3% from 2016 to 2022.

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Global Crohn’s Disease Market has been evaluated as growing market and expected that the market will reach high growth figures in the coming future. Crohn's disease is a type of inflammatory bowel disease (IBD), caused by a combination of environmental, immune and bacterial factors in genetically prone individuals. There are no medications, drugs or surgical procedures that can cure or prevent Crohn's disease. It is expected that the disease affects about 3.2 per 1,000 people in Europe and North America. It is less common in Asia and Africa. Rates have, however, been growing, particularly in the developing world, since last few years.

Major factors leading to the growth of the market includes higher preference for symptomatic therapeutic, better treatment of inflammatory bowel diseases, arrival of enhanced drugs and healthier investments in R&D programs. High cost of treatment and lack of early diagnosis techniques are the major factor restricting the market growth.

Global Crohn’s Disease Market - Key Players

Key players profiled in the report are

Allergan, Inc.
AbbVie Inc.
Takeda Pharmaceutical Company Limited
Bayer AG
UCB S.A.
Perrigo Company plc.
Pfizer Inc.
Johnson & Johnson Services, Inc.
Ferring B.V.

Crohn’s Disease Market - Industry/Innovations/Related News

March 27, 2018 – Researchers at the University of Alberta (Canada), published the study of the potential biomarkers they have developed to help reduce the suffering of Crohn’s disease patients. These scientists used high performance liquid chromatography with mass spectrometry and created a profile of potential biomarkers.

April 03, 2018 - TiGenix NV (Belgium), a global cell therapy company and Takeda Pharmaceutical (Japan), the largest global pharmaceutical company, together announced approval from the EC (European Commission) for the treatment Alofisel (darvadstrocel) they have developed to treat the complex perianal fistulae in adult patients with non-active (mildly active) luminal Crohn’s disease. This is the first allogeneic stem cell therapy (originating from donor stem cells) to receive central marketing authorisation (MA) approval in Europe.

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Crohn’s Disease Market – Segmentation

Global Crohn’s Disease Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.

By Procedures: Comprises - Colonoscopy, Flexible Sigmoidoscopy, Magnetic Resonance Imaging (MRI), Computerized Tomography (CT), Capsule Endoscopy, and Small Bowel Imaging & Double-Balloon Endoscopy among others.

By Drug Types: Anti-Diarrheal, Antibiotics, Immune System Suppressors, Anti-Inflammatory Drugs Pain Relievers among others.

By Regions: North America, Europe, APAC and Rest of the World.

Global Crohn’s Disease Market – Regional Analysis

North America accounts for the largest market share of the global Crohn’s Disease Market followed by the Europe & Asia Pacific regions. The North America market is growing due to the largest contribution from the significantly growing market of the US.

On the other hand, growth of the world’s second largest market for Crohn’s Disease, (Europe) is driven by the higher per capita income and strong healthcare penetration in the region.

While Asia Pacific market for the Crohn’s Disease is expected to perceive an exponential growth. The market growth will be led by China and India owing to the huge population and the low cost of Crohn’s drugs.

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Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: salesteam@marketresearchfuture.com

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