Growth and Forecast for Crohn's Disease Market

Posted 2024-08-02 05:53:11

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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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