Press release
Global Crohns Disease Diagnostic And Therapeutic Market is anticipated to shoot off by the end of 2022 :Top keyplayers are J&J's Remicade, AbbVie's Humira, Takeda's alpha4beta7 inhibitor, Entyvio, Johnson & Johnson's (J&J's) interleukin (IL)-12/23 inhibit
Crohns disease is a chronic inflammatory disease that can affect any part of the gastrointestinal tract from mouth to anus. The disease can cause significant lifestyle sacrifices and suffering and millions of dollars are spent in related health-care cost every year. The diagnosis of Crohns disease is mainly done through a combination of tests like Tests for anemia or infection and Fecal occult blood test. Currently, there is no cure available for Crohns disease, and there is no one treatment that works for everyone. The medical treatment aims to reduce the inflammation that triggers the signs and symptoms and improve long-term prognosis by limiting complications.
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Market Dynamics
The continuous increase in prevalent cases of Crohns Disease across the world leads to the rise in the global Crohns disease diagnostic and therapeutic market. Further, an improved access to pharmacological therapies in China and India and continued uptake of selected biologic brands are the main market drivers. However, major barriers to the growth of the Crohns disease include- brand erosion following the patent expiry of the market-leading therapies, the complex pathogenesis of the disease, which creates an additional challenge in demonstrating clinical efficacy during clinical development and creation of challenging environment for new market entrants due to the already established biologics market.
Market Segmentation
The market is segmented on the basis of chronic autoimmune diseases that cause intestinal inflammation: Crohns disease (CD) and ulcerative colitis (UC). Further, the classification is done on the type of procedures and drugs used. Based on procedures, the market is segmented into colonoscopy, flexible sigmoidoscopy, computerized tomography (CT), magnetic resonance imaging (MRI), capsule endoscopy, double-balloon endoscopy and small bowel imaging. Further on the basis of drug type the market is classified into antibiotics, anti-diarrheal, immune system suppressors, pain relievers, and anti-inflammatory drugs. to cope with the various symptoms associated with the disease like anti-inflammatory drugs, immunosuppressive drugs, and antipyretics to reduce pain.
Regional/Geographic Analysis
Crohns disease diagnostic and therapeutic market has enormous opportunities around the world. The major markets include- the United States, EU5 (France, Germany, Italy, Spain, UK) and Japan. Focusing on country dynamics, Canada and the emerging markets of China and India will also play a key role in driving growth in the long term. For the forecasted period the US will account for the major share, followed by the 5EU and Japan. The higher sales numbers for the US can be attributed to the higher prices of pharmaceuticals and the greater diagnosed prevalence of Crohns disease in the region, as well as the high annual cost of therapy (ACOT) of J&J's Stelara and the anticipated ACOT of AbbVie's risankizumab in the US market.
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Key Players
The global Crohns disease diagnostic and therapeutic market is mainly controlled by firms such as J&J's Remicade, AbbVie's Humira, Takeda's alpha4beta7 inhibitor, Entyvio, Johnson & Johnson's (J&J's) interleukin (IL)-12/23 inhibitor, Stelara, Remicade (infliximab) and Humira (adalimumab).
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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