Global Inflammatory Bowel Disease Treatment Market to be Driven by Biosimilars During the Forecast Period of 2021-2026 – Blackswan Real Estate

Expert Market Research’s new report titled ‘Global Inflammatory Bowel Disease Treatment Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global Inflammatory Bowel Disease Treatment Market, assessing the market based on its segments like drugs, diseases, end-use, and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

  • Historical market size (2020): $16.7 billion
  • Forecast CAGR (2021-2026): 4.5%
  • Projected market size (2026): 22 billion USD

The global inflammatory bowel disease treatment market is expanding due to factors such as increasing prevalence of Crohn’s disease and ulcerative colitis, increasing government funding for inflammatory bowel disease studies bowel and advances in medical technology. Additionally, the growing popularity of prebiotic and probiotic food products, along with an increasing number of drugs in clinical trials, are likely to contribute to the growth of the market over the assessment period.

Industry definition and major segments

IBD refers to a category of inflammatory disorders that affect the colon and small intestine. The two most common forms of inflammatory bowel disease are Crohn’s disease and ulcerative colitis. The treatment of the disease is known as the treatment of inflammatory bowel disease.

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Based on the drug, the market can be split into:

  • Aminosalicylates
  • Antibiotics
  • Corticosteroids
  • Immunomodulators
  • Organic Products
  • Others

Based on Disease, the market is split into:

  • Ulcerative colitis
  • Crohn’s disease
  • Indeterminate colitis

The market can be categorized based on end use into:

  • Fertility centers
  • Hospitals and surgical clinics
  • Research institutes
  • Cryobanks

Regionally, the industry is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market trends

The growing demand for effective treatment has been driving the growth of the industry. Janssen Biotech Inc. and Protagonist Therapeutics Inc. signed a strategic agreement in 2017 to produce, manufacture and commercialize PTG-200, an oral IL-23 receptor for the treatment of inflammatory bowel disease. In another case, the European Union granted Pfizer Inc. marketing authorization for XELJANZ in 2018 for the treatment of moderate to severe ulcerative colitis.

Main market players

The major market players are Abbott Laboratories, Biocon Ltd., F. Hoffmann-La Roche Ag, Johnson & Johnson, Mylan Pharmaceuticals Ltd., Novartis Ag, Pfizer Inc., Quest Medical Inc., Sanofi SA, and Takeda Pharmaceutical Company. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.

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