Crohn's Disease Market reached US 11.82 billion in 2023 and is expected to reach US 17.15 billion by 2031 - Biogen, Merck & Co, Novartis AG.

Crohn's Disease Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Global Crohn's Disease Market reached US 11.82 billion in 2023 and is expected to reach US 17.15 billion by 2031, growing at a CAGR of 4.8% during the forecast period 2024-2031.

Crohn's Disease is a chronic inflammatory bowel disease (IBD) that affects the digestive tract, causing symptoms like abdominal pain, diarrhea, fatigue, and weight loss. It can impact any part of the gastrointestinal tract, leading to complications such as strictures, fistulas, and malnutrition. The exact cause is unknown, but it is linked to immune system dysfunction, genetics, and environmental factors.

List of the Key Players in the Crohn's Disease Market:

Biogen, Merck & Co, Novartis AG, Janssen Biotech, Inc, Takeda Pharmaceuticals, UCB S.A, AbbVie, Prometheus Laboratories.

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Industry Development:

In July 2024, Teva Pharmaceuticals and Sanofi adjusted the timeline for their anti-TL1A therapy, duvakitug, targeting moderate-to-severe IBD. The RELIEVE UCCD Phase 2b trial completed early due to strong patient recruitment, with topline results for ulcerative colitis and Crohn's disease expected in Q4 2024. This study replaces the planned interim analysis for late 2024.

Growth Forecast Projected:

The Global Crohn's Disease Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Crohn's Disease Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Crohn's Disease Market:

By Type: Ileocolitis, Ileitits, Gastroduodenal Crohn's, Jejunoileitis.

By Drug Class: Anti-inflammatory Drugs, Immunosuppressors, Biologics, Antibiotics, Pain relievers, Others.

By Route of Administration: Injectable, Oral.

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.

Regional Analysis for Crohn's Disease Market:

The regional analysis of the Crohn's Disease Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

âž¡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

âž¡ Top-down and bottom-up approach for regional analysis

âž¡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

âž¡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

âž  What is the global sales, production, consumption, import, and export value of the Crohn's Disease market?

âž  Who are the leading manufacturers in the global Crohn's Disease industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

âž  What opportunities and challenges do vendors in the global Crohn's Disease industry face?

âž  Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

âž  What are the key factors and limitations affecting the growth of the Crohn's Disease market?

âž  What are the various sales, marketing, and distribution channels in the global industry?

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