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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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