Crohn's Disease Market
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Crohn's <strong>Disease</strong> <strong>Market</strong> - Global Industry<br />
Analysis, Size, Share, Growth, Trends, and<br />
Forecast 2017 - 2025<br />
Transparency <strong>Market</strong> Research Reports incorporated a definite<br />
business overview and investigation inclines on "Crohn's<br />
<strong>Disease</strong> <strong>Market</strong>". This report likewise incorporates more<br />
illumination about fundamental review of the business including<br />
definitions, requisitions and worldwide business sector industry<br />
structure.<br />
Crohn's disease is a prolonged inflammatory disease of the<br />
bowel, affecting any part of the gastrointestinal tract, i.e. from<br />
the mouth to the anus. Crohn's disease is frequently diagnosed in<br />
two different age groups, first between 15 and 35 years old and<br />
second between 60 and 80 years old. The disease is mainly<br />
characterized by abdominal pain, diarrhea (with or without<br />
blood), fever, and weight loss.<br />
Additionally, extraintestinal conditions such as arthritis,<br />
erythema nodosum, and uveitis are detected among half of the<br />
patients. Prevalence and incidence of Crohn's disease is rising<br />
globally since the last few years. The exact cause of Crohn's<br />
disease is not recognized; however, some factors such as genetic<br />
malfunctions concerning the immune system concurrent with<br />
some environmental factors such as normal flora of human gut,
smoke, foods, chemical contamination, or pollution triggers the<br />
occurrence of Crohn’s disease in susceptible people.<br />
Browse Full Research Report on Crohn's <strong>Disease</strong> <strong>Market</strong>:<br />
http://www.transparencymarketresearch.com/crohns-diseasemarket.html<br />
The global Crohn’s disease market is driven by increasing<br />
incidence of bowel disorders such as Crohn’s disease, leading to<br />
drug innovations for treatment. Crohn’s disease is more<br />
prevalent in developed and industrialized countries, particularly<br />
in individuals who smoke, and also with changing food habits,<br />
such as preference of fast food over vegetables and fruits.<br />
Therefore, rising patient population due to lifestyle changes and<br />
other factors also contributes to the expansion of the market.<br />
Furthermore, rising demand for biologics for treatment of bowel<br />
disorders such as Crohn’s disease, increasing awareness about<br />
Crohn’s disease, and the available treatments are estimated to<br />
propel the global market. Additionally, drug manufacturers are<br />
vigorously focusing on innovative products having more<br />
efficiency. Therefore, increased preference and utilization for<br />
anti-inflammatory drugs and biologics coupled with the rising<br />
acceptance of biosimilars is anticipated to play a significant role<br />
in boosting the Crohn’s disease market during the forecast<br />
period.
Therefore, the Crohn’s disease market is projected to witness<br />
key trends such as increased preference for symptomatic drugs<br />
and therapeutic over surgeries, better disease management for<br />
inflammatory bowel diseases like Crohn’s disease, and the<br />
arrival of improved drugs in the market due to better<br />
investments in R&D programs, prevailing the market. However,<br />
high cost of treatment is likely to be a major restraint for the<br />
market. Moreover, lack of early diagnosis, mostly in developing<br />
countries, and the patent expiry of blockbuster drugs may<br />
hamper the expansion of the market in the near future.<br />
The global Crohn’s disease market can be segmented into<br />
diagnosis, drug type, and region. Crohn’s disease can be<br />
diagnosed by blood test, colonoscopy, capsule endoscopy,<br />
sigmoidoscopy, small bowel imaging, double-balloon<br />
endoscopy, computerized tomography (CT), and magnetic<br />
resonance imaging (MRI). In terms of drug type, the market can<br />
be segmented into anti-diarrheal, antiinflammatory drugs,<br />
immuno suppressors, antibiotics, and pain relievers.<br />
In terms of geography, the Crohn’s disease market can be<br />
segmented into North America, Europe, Latin America, Asia<br />
Pacific, and Middle East & Africa. North America dominates the<br />
global Crohn’s disease market. Major share of the region is<br />
attributed to the significant incidence of Crohn’s disease in the<br />
region, mainly Canada and the US (Ranjbar et. al. 2015),<br />
unhealthy life style including fast food consumption and
smoking habits, progressive healthcare infrastructure and<br />
innovative healthcare solutions.<br />
Europe follows North America in terms of share of the global<br />
Crohn’s disease market. The Crohn’s disease market in Asia<br />
Pacific is projected to expand at a high growth rate. This rise is<br />
primarily due to changing food habits, industrialization, and<br />
innovative diagnostic and treatment options for the disease.<br />
Major players in the market find countries in Asia to be<br />
productive markets for Crohn’s disease with the increasing<br />
incidence of the disease in the countries in the region. They are<br />
making significant investments, which in turn is likely to fuel<br />
the expansion of the market in the region.<br />
Key players operating in the global Crohn’s disease market<br />
include AbbVie Inc., Allergan, Inc., Bayer AG, Bristol-Myers<br />
Squibb, Boehringer Ingelheim GmbH, F. Hoffmann-La Roche,<br />
Eli Lilly and Co., GlaxoSmithKline plc, Janssen Biotech, Inc.,<br />
Johnson & Johnson, Novartis International AG, Pfizer Inc.,<br />
Sanofi, and Takeda Pharmaceutical Company Limited.
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