Press release
Ulcerative Colitis Market Is Expected to Reach $10.8 Billion by 2030
Ulcerative colitis market was valued at $6.2 billion in 2020, and is estimated to reach $10.8 billion by 2030, growing at a CAGR of 5.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
The key market players analyzed in the global ulcerative colitis market report include Ajinomoto, AstraZeneca PLC., Eli-Lilly, GlaxoSmithKline Plc., Abbott Laboratories, Johnson & Johnson, Merck & Co., Sanofi Index Pharmaceuticals Holdings AB, and Pfizer Inc.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/3965
Covid-19 scenario-
โข Patients across the world were forced to either cancel or delay elective surgeries, including elective procedures for IBD (Inflammatory Bowel Disease). This, in turn, impacted the global ulcerative colitis market negatively.
โข Also, postponement of procedures for ulcerative colitis treatment gave way to a steep decline in the production of medications for ulcerative colitis disease.
Based on molecule type, the small molecules segment contributed to nearly three-fourths of the total market revenue in 2020, and is projected to lead the trail by 2030. The same segment would also exhibit the fastest CAGR of 6.0% during the forecast period.
Based on region, the market across North America held the major share in 2020, garnering more than two-fifths of the global market. The Asia-Pacific region, simultaneously, would manifest the fastest CAGR of 6.5% throughout the forecast period. The report also analyzes other regions that including Europe and LAMEA.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/3965
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
โข By disease type, the mild UC segment was the highest contributor to the market in 2020.
โข On the basis of molecule type, the small molecule segment dominated the market in 2020, and is expected to continue this trend during the forecast period.
โข On the basis of route of administration, the oral segment dominated the market in 2020, and is expected to continue this trend during the forecast period
โข Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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Ulcerative Colitis Market
Ulcerative colitis is the most common type of inflammatory bowel disease that affects the colon (lining of the large intestine) and rectum. The inflammation produces tiny sores called ulcers. These disease can affect people of any age, though prevalence is especially high among people under 30 years of age. The major symptoms of this disease are diarrhea, belly pain/cramps, bleeding from the rectum, also other indications are sudden and unexplainedโฆ
