Crohn's Disease Market to Reach US$ 11,567.8 Million by 2033 | IMARC Group

The newly published report by IMARC Group, titled "Crohn's Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2033″, presents a comprehensive analysis of the crohn's disease market size. The report provides an overview of the market trends, growth prospects, investment opportunities, and industry prospects, as well as an analysis of the disease overview, market scenario, and growth trends. In addition, the report offers competitor analysis, regional analysis, and recent advancements in the seven major markets (7MM). The report also highlights key segments and market drivers, as well as challenges faced by industry players.

How big is the market for crohn's disease?

According to IMARC Group, in 2022, the total value of the seven major markets (7MM) for crohn's disease market amounted to US$ 8,049.1 Million. Looking forward, these markets are anticipated to reach US$ 11,567.8 Million by 2033, at a growth rate (CAGR) of 3.36% from 2023-2033.

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What is crohn's disease?

Crohn's disease refers to a chronic inflammatory bowel illness that causes persistent inflammation of the digestive tract from the mouth to the anus. Some of the common symptoms associated with the ailment include diarrhea, abdominal pain, fatigue, unintended weight loss, blood and mucus in the feces, etc. Individuals suffering from this disease may also experience eye inflammation, skin disorders, mouth sores, fever, and swollen or painful joints. The diagnosis of Crohn's disease typically involves a combination of medical history, physical examination, laboratory investigations, and imaging studies. Several imaging studies, including X-rays, CT scans, MRIs, etc., help detect inflammation in the digestive tract.

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What are the key drivers and trends in the crohn's disease market?

The escalating prevalence of enteric infections, resulting in inflammation and damage to the intestinal lining, is primarily stimulating the Crohn's disease market. Additionally, the rising incidences of various associated risk factors, including consumption of pro-inflammatory foods, an imbalance in the gut microbiome, smoking, genetic mutations, etc., are further catalyzing the market growth. Besides this, the introduction of wireless capsule endoscopy, which assists in the early diagnosis of the disease with excellent visualization of the digestive tract mucosa and minimizes the risk of complications, is acting as another significant growth-inducing factor.

Furthermore, the rising adoption of effective medications, such as immunosuppressants, nonsteroidal anti-inflammatory drugs, antibiotics, etc., to relieve symptoms and decrease inflammation associated with the disorder is also contributing to the market growth. Apart from this, the emerging popularity of keyhole (laparoscopic) surgery on account of its numerous benefits, including faster recovery and a low risk of harmful effects, is anticipated to bolster the growth of the Crohn's disease market over the forecasted period.
What is included in the report segmentation?

The report covers the following aspects:

Report Period:

Base Year: 2022
Historical Period: 2017-2022
Market Forecast: 2023-2033

Countries Included:

United States
Germany
France
United Kingdom
Italy
Spain
Japan

Analysis Covered Across Each Country

Historical, current, and future epidemiology scenario
Historical, current, and future performance of the crohn's disease market
Historical, current, and future performance of various therapeutic categories in the market
Sales of various drugs across the crohn's disease market
Reimbursement scenario in the market
In-market and pipeline drugs

In-Market Drugs

Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Drug Uptake and Market Performance

Late-Stage Pipeline Drugs

Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Regulatory Status

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How This Report Can Help You:

The report on crohn's disease market presents a comprehensive overview and analysis of the epidemiology and market for this condition in the seven major markets (7MM): the United States, EU5 (Germany, Spain, France, Italy, UK), and Japan.

With insights into both current and emerging therapies in the 7MM, this report offers valuable information for businesses seeking to understand trends and opportunities within the crohn's disease market.

The crohn's disease market report covers historical and forecasted market data, including epidemiology scenario, providing a reliable and informative resource for developing effective business strategies in 7MM.

Our report on the crohn's disease market can help businesses stay abreast of the trends and drivers, gain a competitive edge and drive success.

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Key Questions Answered in this Report:

How has the crohn's disease market performed so far and how will it perform in the coming years?
What are the markets shares of various therapeutic segments in 2022 and how are they expected to perform till 2033?
What was the country-wise size of the crohn's disease market across the seven major markets in 2022 and what will it look like in 2033?
What is the growth rate of the crohn's disease market across the seven major markets and what will be the expected growth over the next ten years?
What are the key unmet needs in the market?

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This release was published on openPR.