openPR Logo
Press release

Inflammatory Bowel Disease Drugs Market Size to Hit USD 34.5 billion, Globally, by 2031 at 5.1% CAGR: Allied Market Research

09-27-2023 01:10 PM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

Inflammatory Bowel Disease Drugs Market

Inflammatory Bowel Disease Drugs Market

Allied Market Research has published a study report with the title Inflammatory Bowel Disease Drugs Market Size was Valued at USD 21.0 billion in 2021 and is Anticipated to Garner USD 34.5 billion by 2031, registering a CAGR of 5.1% from 2022 to 2031.

The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

Covid-19 Scenario:

โ€ข The COVID-19 pandemic had a positive impact on the growth of the inflammatory bowel disease treatment market. This is due to the increase in number of government initiatives to protect patients with inflammatory bowel disease, as those patients were more prone to acquire infection due to their immunosuppressive therapies.
โ€ข The pharmaceutical sector opened new approaches and collaborations in the industry to respond to the urgent needs of the pandemic.
โ€ข The market is anticipated to grow even more in the post-pandemic.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž:
https://www.alliedmarketresearch.com/request-sample/4318

๐“๐จ๐ฉ ๐ˆ๐ง๐Ÿ๐ฅ๐š๐ฆ๐ฆ๐š๐ญ๐จ๐ซ๐ฒ ๐๐จ๐ฐ๐ž๐ฅ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐ƒ๐ซ๐ฎ๐ ๐ฌ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

โ€ข AbbVie Inc.
โ€ข Bristol Myers Squibb
โ€ข Celltrion Healthcare
โ€ข Eli-Lilly
โ€ข Johnson & Johnson Services Inc.
โ€ข Merck & Co, Inc.
โ€ข Novartis AG
โ€ข Pfizer Inc.
โ€ข Takeda Pharmaceutical Company Ltd.
โ€ข UCB S.A.

๐ˆ๐ง๐Ÿ๐ฅ๐š๐ฆ๐ฆ๐š๐ญ๐จ๐ซ๐ฒ ๐๐จ๐ฐ๐ž๐ฅ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐ƒ๐ซ๐ฎ๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐œ๐š๐ง ๐›๐ž ๐๐จ๐ง๐ž ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

The report offers a detailed segmentation of the global inflammatory bowel disease treatment market based on type, drug class, distribution channel, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on type, the Crohn's disease segment was the largest market in 2021, contributing to more than two-thirds of the global inflammatory bowel disease treatment market, and is likely to maintain its leadership status during the forecast period. However, the ulcerative colitis segment is expected to manifest the highest CAGR of 6.9% from 2022 to 2031.

Based on drug class, the TNF inhibitors segment held the largest share in 2021, accounting for nearly half of the global inflammatory bowel disease treatment market, and would rule the roost through 2031. However, the JAK inhibitors segment is estimated to witness the fastest CAGR of 12.4% during the forecast period. The research also encompasses a study of the segments such as corticosteroids, aminosalicylates, anti-integrin, IL inhibitors and others.

Based on distribution channel, the drug store and retail pharmacy segment was largest market in 2021, accounting for nearly three-fifths of the global inflammatory bowel disease treatment market, and is likely to maintain its leadership status during the forecast period. However, the online pharmacy segment is expected to manifest the highest CAGR of 7.1% from 2022 to 2031. The research also analyzes the hospital pharmacy segment.

Based on region, North America accounted for the largest share in 2021, contributing to more than two-fifths of the global inflammatory bowel disease treatment market, and is likely to dominate the market during the forecasted timeframe. However, Asia-Pacific is expected to exhibit the fastest CAGR of 6.6% during the forecast period. The research also analyzes the regions including Europe and LAMEA.

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ข๐ง๐Ÿ๐ฅ๐š๐ฆ๐ฆ๐š๐ญ๐จ๐ซ๐ฒ ๐›๐จ๐ฐ๐ž๐ฅ ๐๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐ญ๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ?

Rise in prevalence of ulcerative colitis and Crohn's disease, growing awareness of the disease across the world, increase in development of new drugs, increased government support for the management of inflammatory bowel disease drives the growth of the global inflammatory bowel disease treatment market. Based on type, the Crohn's disease segment is likely to maintain its dominance through 2031. Region wise, Asia-Pacific would exhibit the fastest CAGR during the forecast period.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.alliedmarketresearch.com/purchase-enquiry/4318

Our Market Research Solution Provides You Answer to Below Mentioned Question:

โ€ข Which are the driving factors responsible for the growth of market?
โ€ข Which are the roadblock factors of this market?
โ€ข What are the new opportunities, by which market will grow in coming years?
โ€ข What are the trends of this market?
โ€ข Which are main factors responsible for new product launch?
โ€ข How big is the global & regional market in terms of revenue, sales and production?
โ€ข How far will the market grow in forecast period in terms of revenue, sales and production?
โ€ข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โ€ข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โ€ข Which region has more opportunities?

By Region Outlook

โ€ข North America
(U.S., Canada, Mexico)
โ€ข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โ€ข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โ€ข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Contact Details:

David Correa
USA/Canada (Toll-Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Inflammatory Bowel Disease Drugs Market Size to Hit USD 34.5 billion, Globally, by 2031 at 5.1% CAGR: Allied Market Research here

News-ID: 3227164 • Views: โ€ฆ

More Releases from Allied Market Research (AMR)

Revolutionizing Healthcare: Medical Cannabis Market Projected to Reach USD 53.88 billion by 2030 at a 23.6% CAGR
Revolutionizing Healthcare: Medical Cannabis Market Projected to Reach USD 53.88 โ€ฆ
Allied Market Research published a report, titled, "Medical Cannabis Market by Product Type (Buds/Marijuana Flower and Cannabis Extracts), Application (Chronic Pain, Mental Disorders, Cancer, and Others), and End User (Pharmaceutical and Research & Development Centers): Global Opportunity Analysis and Industry Forecast, 2021-2030." According to the report, the global medical cannabis industry generated USD 6.82 billion in 2020 and is expected to reach USD 53.88 billion by 2030, witnessing a CAGRโ€ฆ
Healthcare Fraud Detection Market Updates : Projected to Attain USD 3.6 Billion by 2031
Healthcare Fraud Detection Market Updates : Projected to Attain USD 3.6 Billion โ€ฆ
According to a new report published by Allied Market Research, titled, "Healthcare Fraud Detection Market," the healthcare fraud detection market was valued at $1.1 billion in 2021, and is estimated to reach $3.6 billion by 2031, growing at a CAGR of 12.6% from 2022 to 2031. Healthcare or medical fraud involves making false statements or misrepresentations about medical bills, healthcare funds, or the nature of medical treatments or services provided, leadingโ€ฆ
Technical Textile Market Size, Growth Drivers and Strategic Analysis Through 2032
Technical Textile Market Size, Growth Drivers and Strategic Analysis Through 203 โ€ฆ
According to a recent report published by Allied Market Research, titled "Technical Textile Market by Material, Process, and End-Use Application: Global Opportunity Analysis and Industry Forecast, 2023-2032", the global technical textile market was valued at $191.7 billion in 2022 and is projected to reach $331.8 billion by 2032, registering a CAGR of 5.7% during the forecast period. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/1841 Market Growth Drivers:- - The growth of the globalโ€ฆ
Protective Clothing Market Outlook 2026-2033 Industry Size, Segmentation, Key Players and Growth Drivers
Protective Clothing Market Outlook 2026-2033 Industry Size, Segmentation, Key Pl โ€ฆ
Allied Market Research has published a comprehensive report titled "Protective Clothing Market by Material Type, Application, and End-use Industry: Global Opportunity Analysis and Industry Forecast, 2024-2033." According to the study, the global protective clothing market was valued at $10.3 billion in 2023 and is projected to reach $18.6 billion by 2033, registering a CAGR of 6.1% during the forecast period. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/371 Market Growth Drivers and Challenges: -โ€ฆ

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast โ€ฆ
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% 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 wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,โ€ฆ
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 โ€ฆ
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworksโ€ฆ
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomicโ€ฆ
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion. These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membraneโ€ฆ
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantialโ€ฆ
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States. Despite challenges such as training for newโ€ฆ