openPR Logo
Press release

IBD Treatment Market to Grow at a CAGR of 7.5% from 2022 to 2030 - Rising Prevalence and Awareness of Inflammatory Bowel Disease Fuels Growth

05-16-2024 11:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ'๐ฌ ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ highlights significant growth trends in the Inflammatory Bowel Disease (IBD) Treatment market, projecting a 7.5% compound annual growth rate (๐‚๐€๐†๐‘) from 2022 to 2030. The rise can be attributed to the increasing prevalence of IBD, heightened awareness about the disease, and progressive advancements made in relevant treatment technology.

The market analysis reveals a segmentation of the IBD treatment market by type, application, and region. Under type categorization, the report includes TNF inhibitors, aminosalicylates, immunomodulators, and corticosteroids. When looking at applications, the market gets divided into hospital pharmacy, retail pharmacy, and online pharmacy.

Geographically, the North American region takes the lead in the IBD treatment market, closely followed by Europe and Asia Pacific respectively. This regional dominance in North America is mainly attributed to the increased prevalence of IBD in the region, the high-level awareness about the disease, and the accessibility to advanced treatments.

Following North America, Europe is witnessing a significant growth in the market because of rising IBD cases and a strong healthcare infrastructure. The Asian Pacific region, though currently at third place, is showing promising potential, thanks largely to better health infrastructure and augmenting awareness about IBD.

This report by Dataintelo offers significant insights and robust analysis for industry stakeholders, aiding their strategic decision-making process and illuminating current trends and future opportunities within the IBD treatment market

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/96628

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The inflammatory bowel disease (ibd) treatment market has been segmented on the basis of๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ฒ๐ฉ๐ž
โ— TNF Inhibitors
โ— Aminosalicyclates
โ— Immunomodulators
โ— Corticosteroids
โ— Integrin Antagonists
โ— JAK Inhibitors

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Hospital Pharmacy
โ— Retail Pharmacy
โ— Online Pharmacy
โ— Specialty Pharmacies

๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž
โ— Crohn's Disease
โ— Ulcerative Colitis

๐€๐ ๐ž ๐†๐ซ๐จ๐ฎ๐ฉ
โ— Pediatric
โ— Adult

๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ
โ— Direct Sales
โ— Distributors
โ— Wholesalers

๐„๐ง๐ ๐”๐ฌ๐ž๐ซ
โ— Hospitals
โ— Clinics
โ— Ambulatory Surgical Centers
โ— Homecare Settings

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— AbbVie
โ— Pfizer
โ— Shire Plc
โ— Janssen Biotech
โ— Inc. (Johnson & Johnson)
โ— Allergan
โ— Valeant Pharmaceuticals
โ— Takeda Pharmaceutical
โ— Novartis
โ— Biogen Inc.



The inflammatory bowel disease (IBD) treatment market is chiefly divided based on treatment type. This includes TNF inhibitors, Aminosalicylates, Immunomodulators, Corticosteroids, Integrin Antagonists, and JAK inhibitors. These treatments are admittedly crucial, necessitated by the escalating number of IBD cases globally. The application segment primarily consists of hospital pharmacy, retail pharmacy, online pharmacy, and specialty pharmacies. Variety in application speaks to the diverse buying spaces for the treatments available. Disease-based segmentation perceives two main forms of IBD: Crohn's disease and Ulcerative colitis. The market also shows a distinction based on age groups, namely pediatric and adult. The distribution channels cover a spectrum from direct sales to distributors and wholesalers. End-users primarily comprise hospitals, clinics, ambulatory surgical centers, and homecare settings. Key players that are harboring major roles in the IBD market are giants like AbbVie, Pfizer, Shire Plc, Janssen Biotech, Inc. (Johnson & Johnson), Allergan, Valeant Pharmaceuticals, Takeda Pharmaceutical, Novartis, and Biogen Inc.

Regionally, the IBD treatment market spans across North America, Asia pacific, Europe, Middle East & Africa, and Latin America. North America is expected to have a larger share in the market, owing to advanced research and development in this area, higher disposable income, and better healthcare infrastructure. However, emerging economies in the Asia pacific are expected to show higher growth rates due to the rapidly improving healthcare sectors and increasing disposable income among the population. Latin America, Europe, Middle East & Africa also contribute significantly to the IBD treatment market. Influential pharmaceutical companies like AbbVie, Pfizer, Shire Plc, Janssen Biotech, Inc. (Johnson & Johnson) have their strongholds in these regions, thereby influencing the regional market dynamics. Overall, the IBD treatment market is expanding globally, recognizing the need for advanced treatment options and wider availability

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/96628

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ for IBD Treatment:

1. Rising Prevalence: The steadily rising prevalence of inflammatory bowel disease (IBD), including Crohn's disease and ulcerative colitis, across the globe, particularly in developed countries, is a significant market driver.

2. Increasing Awareness: Higher awareness about IBD and its potential complications among patients and healthcare professionals is prompting early diagnosis and treatment.

3. Advancements in Treatment: Technological advancements in diagnosis, therapies, and drug development are promoting the growth of the IBD treatment market.

4. Favorable Reimbursement Policies: In many countries, particularly developed ones like the U.S., favorable reimbursement policies exist for the treatment of IBD, which encourages patients to seek treatment.

5. Greater Preference for Minimally Invasive Surgeries: There is a rising preference for less invasive surgical treatments, which is driving the demand for advanced IBD treatments.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซIBD Treatment Market:

1. Unmet Medical Needs: Despite advances in treatments, a significant percentage of patients do not respond adequately to current therapies, indicating a high level of unmet need that presents a significant opportunity.

2. Emerging Markets: Developing countries present immense growth opportunities due to a rapidly improving healthcare infrastructure, and an increase in the patient population.

3. Biologics and Biosimilars: The development of new biologic agents and biosimilars for the treatment of IBD offers significant opportunities, as they are expected to provide more efficient and targeted treatment options.

4. Personalized Treatment: More personalized treatments base on genetic and molecular profiling of patients is an upcoming trend that offers significant opportunities.

5. Telemedicine: The increased use of telemedicine and mHealth technologies is an opportunity for healthcare providers and pharmaceutical companies to improve treatment adherence, patient monitoring, and disease management

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/96628

๐–๐ก๐จ ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ?

1. Corporations and businesses: Any corporation or business seeking to leverage data to drive strategic decisions, understand trends, and identify potential opportunities in the market should invest in this report.

2. Investors and Venture Capitalists: Investors looking for insights on market patterns, future trends, or competitive analysis that could influence their investment decisions could find this report extremely beneficial.

3. Market Researchers: Professionals in the field of market research who need comprehensive and accurate data to create detailed analysis would greatly benefit from this report.

4. Business consultants and Strategists: These professionals require robust and reliable data to advise their clients, formulate strategies, and make informed decisions.

5. Government entities: Government agencies and institutions can use the insights from the report for policymaking, development planning, and improving public initiatives.

Good things about Dataintelo:

1. Comprehensive Research: Dataintelo offers a wide range of comprehensive research reports across different industries, ensuring there's relevant data for everyone.

2. Accurate and Up-to-date Information: With a team of experienced researchers, Dataintelo provides accurate and up-to-date information, ensuring you stay ahead of the market trends.

3. Repeatable Methodology: Dataintelo's established and proven research methodologies ensure consistency in the quality of the reports.

4. Reliable Data Sources: The data utilized in Dataintelo reports is sourced from reliable and trustworthy databases, giving you peace of mind about the validity of the information.

5. Customization: The reports can be customized to meet specific needs, providing unique insights tailored to individual business requirements.

6. Excellent Customer Support: Dataintelo offers excellent 24*7 customer service, assisting clients with queries, providing solutions and ensuring a seamless experience.

7. Affordable: Dataintelo offers in-depth market reports at affordable pricing, giving businesses all sizes access to valuable market research.

8. Methodical analysis: Dataintelo undertakes a detailed analytical process to ensure their reports cover every aspect of the subject matter, providing you with the complete picture

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IBD Treatment Market to Grow at a CAGR of 7.5% from 2022 to 2030 - Rising Prevalence and Awareness of Inflammatory Bowel Disease Fuels Growth here

News-ID: 3499242 • Views: โ€ฆ

More Releases from Dataintelo

Ultrasonic Thickness Gauges Market Predicted to Grow at 3.1% CAGR, Reaching $XX Million by 2028 from $1,491 Million in 2018: A Comprehensive Analysis on Growth Factors and Future Trends
Ultrasonic Thickness Gauges Market Predicted to Grow at 3.1% CAGR, Reaching $XX โ€ฆ
According to a recent report published by Dataintelo, the Ultrasonic Thickness Gauges market is projected to exhibit a compound annual growth rate (CAGR) of 3.1% during the forecast period, ballooning to a sizable USD XX million by 2028, from an estimated valuation of USD 1,491 million in 2018. The report provides meticulous insights into the multifaceted aspects of the ultrasonic thickness gauges market such as types, applications, and geographical delineations.โ€ฆ
Road Side Unit for Electronic Toll Collection Systems Market Expected to Surpass USD 2.48 Billion by 2030, with a CAGR of 10.92%
Road Side Unit for Electronic Toll Collection Systems Market Expected to Surpass โ€ฆ
The global Road Side Unit for Electronic Toll Collection ETC Systems Sales market is projected to significantly expand from USD 1.02 Billion in 2022 to a whopping USD 2.48 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.92%. The boom in the market has been mainly attributed to an escalating demand for more efficient and technologically advanced toll collection systems all over the world. Another drivingโ€ฆ
Global Podiatry Insole Market Set for 5.5% CAGR Growth from 2022 to 2030, Driven by Rising Prevalence of Foot Disorders and Technological Advancements
Global Podiatry Insole Market Set for 5.5% CAGR Growth from 2022 to 2030, Driven โ€ฆ
The latest market report from Dataintelo reveals exceptional growth prospects for the Global Podiatry Insole Market. The sector is projected to attain a Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2030, suggesting a growing demand and increased market strength in the coming years. This surge is chiefly attributed to the escalating occurrence of foot and ankle disorders, heightened awareness concerning foot health, and technological advancements in theโ€ฆ
Elastomeric Coatings for Construction Market Set to Surge from USD 2.02 Billion in 2017 to USD 3.06 Billion by 2030, a 5.1% CAGR Increase Driven by Demand in Asia Pacific and Middle East & Africa Regions
Elastomeric Coatings for Construction Market Set to Surge from USD 2.02 Billion โ€ฆ
The global Elastomeric Coatings for the Construction market, as per the latest report published by Dataintelo, is poised for significant growth. The market valuation is expected to surge from USD 2.02 Billion in 2017 to an impressive USD 3.06 Billion by 2030, marking a healthy CAGR of 5.1% from 2017 to 2030. Touting the prime drivers behind this propulsive growth, the report pinpoints the rising demand for elastomeric coatings inโ€ฆ

All 5 Releases


More Releases for IBD

Canada Inflammatory Bowel Disease (IBD) Market Size & Growth Analysis Report, 20 โ€ฆ
The Canada IBD market is estimated to grow significantly at a CAGR of around 5.2% during the forecast period. Rising prevalence and incidence of IBD across the country is the major driving factor for the market. Canada has among the highest reported prevalence and incidence rates of IBD across the globe. As per CCC, in 2018, nearly 270,000 Canadians were living with IBD, of which 135,000 individuals with Crohnโ€™s disease,โ€ฆ
Inflammatory Bowel Diseases (IBD) Drug Market Report to 2031
Visiongain has published a new report on Inflammatory Bowel Diseases (IBD) Drug Market Report to 2031: Forecasts by Drug Class (Biologics, Aminosalicylates, Corticosteroids, Antibiotics, Immunomodulators, Others), by Indication (Crohnโ€™s Disease, Ulcerative Colitis), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) AND Regional and Leading National Market Analysis PLUS Analysis of Leading IBD Drug Companies AND COVID-19 Recovery Scenarios. Global Inflammatory Bowel Disease (IBD) drugs market was valued at US$ US$xxโ€ฆ
US Inflammatory Bowel Disease (IBD) Therapeutics Market Research and Forecast 20 โ€ฆ
The US IBD therapeutics market is estimated to grow significantly at a CAGR of around 4.7% during the forecast period. The factors such as the significant prevalence of IBD such as Crohnโ€™s disease and ulcerative colitis across the country contributing to the market growth. As per the Centers for Disease Control and Prevention (CDC), the prevalence of Crohnโ€™s disease and ulcerative colitis in the US was 201 and 238 perโ€ฆ
France Inflammatory Bowel Disease (IBD) Therapeutics Market Size, Growth and For โ€ฆ
France IBD therapeutics market is estimated to grow significantly at a CAGR of around 4.6% during the forecast period. The growing IBD patient population is one of the major driving forces for the growth of the market in the country. According to the National Institutes of, Health, the total number of cases associated with Crohn's disease in France were registered to be around 72,522 in 2017. This signifies the opportunityโ€ฆ
Global Inflammatory Bowel Disease (IBD) Therapeutics Market, Share, Trends & For โ€ฆ
The global IBD therapeutics market is estimated to grow significantly at a CAGR of around 5.0% during the forecast period. The rise in the number of IBD such as Crohn's disease and ulcerative colitis is augmenting the growth of the global IBD therapeutics market. The increasing prevalence of IBD results in the need for research for the treatment of IBD and innovations in healthcare systems to manage this complex andโ€ฆ
Canada Inflammatory Bowel Disease (IBD) Market Share, Size & Forecast to 2025
The Canada IBD market is estimated to grow significantly at a CAGR of around 5.2% during the forecast period. Rising prevalence and incidence of IBD across the country is the major driving factor for the market. Canada has among the highest reported prevalence and incidence rates of IBD across the globe. As per CCC, in 2018, nearly 270,000 Canadians were living with IBD, of which 135,000 individuals with Crohn's disease,โ€ฆ