Growth and Forecast for Crohn's Disease Market


Posted August 2, 2024 by Darnasi

The global Crohn's Disease market is driven by new drug developments, rising incidence rates, and advanced treatment technologies, despite high treatment costs.

 
The Global Crohn's Disease Market is projected to grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

Crohn's disease, a type of inflammatory bowel disease (IBD), leads to inflammation in the digestive tract, causing abdominal pain, severe diarrhea, fatigue, weight loss, and malnutrition. The disease arises from a combination of genetic, environmental, and immune system factors.

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Crohn's Disease Market Trends
Several key trends are driving the Crohn's Disease Market:
Increased Preference for Symptomatic Drugs: Patients are showing a growing preference for medications over surgical interventions.
Advances in Disease Management: Better disease management strategies for IBDs, including Crohn's disease, are emerging.
New Drug Development: Ongoing investments in R&D are resulting in improved drugs entering the market.
Regulatory Approvals: There has been a notable increase in the approval of new therapeutics for Crohn's disease.

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Crohn's Disease Market Segmentation
By Drug Class: Anti-diarrheal, Anti-inflammatory drugs, Immunosuppressors, Antibiotics, Biologics, Pain relievers
By Route of Administration: Injectable, Oral
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Key Players in Crohn's Disease Market
Merck & Co.
GlaxoSmithKline plc.
F. Hoffmann-La Roche Ltd
Novartis AG, Eli Lilly, And Company.
Astrazeneca
Pfizer Inc.
Takeda Pharmaceutical Company Limited.
Bristol-Myers Squibb Company
Shaanxi Yuantai Biological Technology Co. Ltd.
HEFEI JOYE IMPORT & EXPORT CO., LTD

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Issued By Darnasi
Country India
Categories Health , Marketing , News
Tags global crohns disease treatment industry size , crohns disease market , crohns disease market size
Last Updated August 2, 2024