Growth and Forecast for Crohn's Disease Market
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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