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Global Crohn's Disease Market 2033: Anti-inflammatory Drugs Segment Anticipated to be the Most Lucrative Segment

01-09-2023 09:25 AM CET | Health & Medicine

Press release from: Persistence Market Research

Global Crohn's Disease Market 2033: Anti-inflammatory Drugs

Crohn's disease is a chronic inflammatory bowel disease (IBD) that affects the digestive system. It can cause abdominal pain, diarrhea, weight loss, and other symptoms. While there is no cure for Crohn's disease, there are a number of treatments available that can help manage the condition and improve quality of life.

The anti-inflammatory drugs segment is expected to exhibit the highest growth over the forecast period. Anti-inflammatory drugs is the fastest growing segment of the global Crohn's disease market, which is expected to grow from over US$ 780 Mn to more than US$ 1,000 Mn during the forecast period.

Anti-inflammatory drugs segment is expected to create absolute $ opportunity of more than US$ 20 Mn in 2017 over 2016. This segment is leading the global Crohn's disease market by expanding at a CAGR of 4.2% over the assessment period. It is also expected to be the most lucrative segment in global Crohn's disease market.

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The market for Crohn's disease treatment is significant, with billions of dollars in annual sales. It is driven by the increasing prevalence of IBD worldwide, as well as the development of new and innovative treatments.

Companies

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

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There are several different approaches to treating Crohn's disease, including medication, surgery, and lifestyle changes. Medications used to treat Crohn's disease include aminosalicylates, corticosteroids, immunomodulators, and biologics. Surgery may be necessary in severe cases or if medications are not effective. Lifestyle changes, such as dietary modifications and stress management, can also be helpful in managing the condition.

The global market for Crohn's disease treatment is expected to continue to grow in the coming years, driven by the increasing prevalence of IBD and the development of new treatments.

Lack of education and ignorance is likely to hamper the development of the anti-inflammatory drugs segment

In countries such as Africa and Nigeria the diagnosis rate of inflammatory bowel syndrome is substantially low. Moreover, around 30% of the diagnosed population does not take total treatment for an average duration of six months. Thus, lack of education and a casual attitude towards treatment duration is a factor that is expected to hamper revenue growth of the anti-inflammatory drugs segment of the global Crohn's disease market.

On the other hand, patients suffering from Crohn's disease in India and China are adopting alternative treatment options such as Ayurveda and Homeopathy, which is another significant factor expected to hinder the progress of the anti-inflammatory drugs segment during the forecasted period.

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Market segmentation

By Drug Type

Anti-inflammatory drugs

Immune system suppressors

Antibiotics

Biologics

Anti-diarrheal

Pain relievers

By Distribution Channel

Hospital Pharmacies

Retail Pharmacies

Online Pharmacies

Drug Stores

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About Us

Persistence Market Research's Expertise in Life Sciences and Transformational Health

Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.

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