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Interstitial Cystitis Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | > Pfizer Inc., Johnson & Johnson Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A.,
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Interstitial Cystitis Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The interstitial cystitis market size has grown strongly in recent years. It will grow from $1.69 billion in 2023 to $1.83 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to advancements in diagnosis, awareness and education, pharmaceutical developments, supportive therapies.
The interstitial cystitis market size is expected to see strong growth in the next few years. It will grow to $2.53 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to biomarker research, innovative medications, patient-centered care, global expansion. Major trends in the forecast period include dietary guidance, interdisciplinary care, research collaboration, alternative therapies.
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Market Segmentation:
The main types of treatment for interstitial cystitis are medications, bladder instillation, botulinum toxin A, nerve stimulation and surgery. Interstitial cystitis medication refers to various drugs and treatments used to manage the symptoms of interstitial cystitis (IC), a chronic bladder inflammation condition. The patient types are pediatric patients and adult patients with various drug types such as over-the-counter (OTC) drugs and prescription drugs. The end users are hospitals and clinics and home care.
Major Driver - Surging Urinary Tract Infections Fuel Growth In The Interstitial Cystitis Market
The rising prevalence of urinary tract infections is expected to propel the growth of the interstitial cystitis market. Urinary tract infections are bacterial infections that can occur anywhere in the urinary system and are caused by bacteria that enter the urethra. UTI can induce bacterial cystitis directly or indirectly and untreated UTI can lead to persistent bladder inflammation, the underlying cause of interstitial cystitis. Treatment for urinary tract infections caused by interstitial cystitis improves pain alleviation and quality of life in patients suffering from the disease. For instance, in 2021, according to the Centers for Disease Control and Prevention, a US-based national public health agency, in the US there were around 24,710 catheter-associated urinary tract infections reported in 2021. Further, according to an article published by The British Society for Antimicrobial Chemotherapy, a UK-based multi-professional organization, estimated that almost half of all women in the United Kingdom will get at least one urinary tract infection (UTI) at some point in their lives. Therefore, the rising prevalence of urinary tract infections drives the interstitial cystitis market.
Competitive Landscape:
Major players in the interstitial cystitis market are Pfizer Inc., Johnson & Johnson Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, Sun Pharmaceutical Industries Ltd., GlaxoSmithKline PLC, Takeda Pharmaceutical Co. Ltd., Eli Lilly and Company, Boehringer Ingelheim international GmbH, Amgen Inc., Viatris Inc., Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Perrigo Company PLC, Aurobindo Pharma Ltd., Purdue Pharma LP, Apotex Inc., Endo International PLC, Amneal Pharmaceuticals Inc., Alvogen Inc., Kyorin Pharmaceutical Co. Ltd., Seikagaku Corp, Genentech Inc., Strides Pharma Science Limited, AlgoTherapeutix SAS.
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Top Trend - Innovative Intravesical Solutions Revolutionize Interstitial Cystitis Treatment Market
Major companies operating in the interstitial cystitis treatment market are focused on developing innovative products, such as intravesical solutions, to treat interstitial cystitis and drive revenues in the market. Innovative treatments, such as interstitial cystitis intravesical solution, enhance the care and outcomes of this chronic and frequently complex bladder illness. For instance, in April 2021, Kyorin Pharmaceutical Co Ltd., a Japan-based developer and manufacturer of prescription medicines and quasi-drugs, launched Interstitial cystitis Zymso Intravesical Solution 50%, a dimethyl sulfoxide (DMSO) bladder instillation. It is uniquely designed with DMSO. Zymso is injected into the bladder through a catheter intended to relieve pain and discomfort associated with IC. The dosage for adults is six injections of 50 mL of 50% (w / w) dimethyl sulfoxide solution (27g of dimethyl sulfoxide) into the bladder spaced by two weeks.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Interstitial Cystitis Market Characteristics
3. Interstitial Cystitis Market Trends And Strategies
4. Interstitial Cystitis Market - Macro Economic Scenario
5. Interstitial Cystitis Market Size And Growth
…..
27. Interstitial Cystitis Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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