Crohn’s disease is a type of inflammatory bowel disease (IBD), caused by a combination of environmental, immune and bacterial factors in genetically prone individuals. There are no medications, drugs or surgical procedures that can cure or prevent Crohn’s disease. It is expected that the disease affects about 3.2 per 1,000 people in Europe and North America. It is less common in Asia and Africa. Rates have, however, been growing, particularly in the developing world, since last few years. Global Crohn’s Disease Market has been evaluated as growing market and expected that the market will reach high growth figures in the coming future.
the Crohn’s & colitis foundation of the USA (CCFA) stated, that over 1 million individuals were identified with Crohn’s & ulcerative colitis disorders and illnesses, with maximum of them aged above 30. Increasing prevalence of Crohn’s ailment has triggered a full of life call for its therapeutics. A survey carried out by way of America center for disorder control (CDC) has found that the occurrence price of Crohn’s ailment in the US of is 3.1 to 14.6 new instances consistent with a 100,000 populace annually. The ailment is surprisingly foremost in developed international locations, specifically in folks who smoke and devour alcohol.
Primary elements leading to the increase of the market consists of higher choice for symptomatic therapeutic, higher remedy of inflammatory bowel diseases, arrival of more desirable capsules and healthier investments in R&D applications. High value of treatment and absence of early diagnosis techniques are the most important aspect proscribing the market increase.
North the United States is predicted to account for the biggest proportion of the worldwide Crohn’s sickness marketplace in 2016, observed through Europe, the place will preserve to lead the percent during the forecast length. The emerging markets of china and India will even play a key function in riding boom inside the long time, by and large due to the predicted strong uptake of regicide over the forecast length.
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Market Players:
Key players profiled in the report are
- Allergan Inc.,
- AbbVie Inc.,
- Takeda Pharmaceutical Company Limited,
- Bayer AG,
- UCB S.A.,
- Perrigo Company plc,
- Pfizer Inc.,
- Johnson & Johnson Services Inc.,
- Ferring B.V.
The report of Global Crohn’s Disease Market by Market Research Future comprises extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
Market Segmentation:
Global Crohn’s Disease Market is segmented on the basis of procedures and drug type. Based on procedures, the market is segmented into Colonoscopy, flexible Sigmoidoscopy, Computerized Tomography (CT), Magnetic Resonance Imaging (MRI), Capsule Endoscopy, Double-Balloon Endoscopy, Small Bowel Imaging. Colonoscopy due to high efficiency and accuracy is expected to command the largest market share during the forecasted period. Further on the basis of drug type the market is classified into antibiotics, anti-diarrheal, immune system suppressors, pain relievers, and anti-inflammatory drugs. Antibiotics are expected to command the largest market share while anti-inflammatory drugs are expected to grow at the highest CAGR during the forecasted period.
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Intended Audience
- Global Crohn’s disease diagnostic device and drug manufacturers & suppliers
- Contract research organizations (CROs)
- Research and development (R&D) companies
- Government research laboratories
- Independent research laboratories
- Government and independent regulatory authorities
- Market research and consulting service providers
- Academic institutes and universities
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