The Crohn’s Disease market size was valued at USD 11.1 billion in 2022 and is projected to grow from USD 11.5 Billion in 2023 to USD 15.37 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.7% during the forecast period (2023 - 2032).
Crohn's disease is a type of inflammatory bowel disease (IBD), caused by a combination of environmental, immune, and bacterial factors in genetically prone individuals. There are no medications, drugs or surgical procedures that can cure or prevent Crohn's disease. It is expected that the disease affects about 3.2 per 1,000 people in Europe and North America. It is less common in Asia and Africa. Rates have, however, been growing, particularly in the developing world, since last few years.
The Crohn’s & Colitis Foundation of America (CCFA) stated that over 1 million Americans were diagnosed with Crohn's & ulcerative colitis disorders and diseases, with maximum of them aged above 30. Increasing occurrence of Crohn's disease market has triggered a vigorous demand for its therapeutics. A survey conducted by the US Centre for Disease Control (CDC) has discovered that the incidence rate of Crohn's disease in the country is 3.1 to 14.6 new cases per 100,000 population annually.
North America is expected to account for the largest share of the global Crohn’s disease Market trends in 2016, followed by Europe, the region will continue to lead the pack during the forecast period. The emerging markets of China and India will also play a key role in driving growth in the long term, primarily due to the anticipated strong uptake of Remicade over the forecast period.
The exact cause of Crohn’s disease is unknown, but it is believed to be influenced by genetic, environmental, and immune factors. Some possible triggers include smoking, infections, stress, diet, and medications. Crohn’s disease is more common in people who have a family history of IBD or who are of Jewish ancestry.
There is no cure for Crohn’s disease, but treatments can help reduce the inflammation and control the symptoms. The treatment options depend on the type, location, and severity of the disease. Some common treatments include anti-inflammatory drugs, immune system suppressors, antibiotics, biologic therapies, surgery, and dietary changes.
Crohn’s disease can affect the quality of life of patients and their families. Therefore, it is important to seek medical attention if you have persistent or severe symptoms of digestive problems. Early diagnosis and treatment can help prevent or delay complications and improve your long-term outlook.
Market Segmentation:
Global Crohn’s Disease Market insights is segmented based on procedures and drug type. Based on procedures, the market is segmented into Colonoscopy, flexible Sigmoidoscopy, Computerized Tomography (CT), surface coil magnetic resonance imaging (MRI), Capsule Endoscopy, Double-Balloon Endoscopy, Small Bowel Imaging. Colonoscopy due to high efficiency and accuracy is expected to command the largest market share during the forecasted period. Further based on drug type the market is classified into antibiotics, anti-diarrheal, immune system suppressors, pain relievers, and anti-inflammatory drugs. Antibiotics are expected to command the largest market share while anti-inflammatory drugs are expected to grow at the highest CAGR during the forecasted period.
Crohn’s Disease Market Players
Key players profiled in the report are Allergan, Inc., AbbVie Inc., Takeda Pharmaceutical Company Limited, and Bayer AG, UCB S.A., Perrigo Company plc, Pfizer Inc., Johnson & Johnson Services, Inc., Ferring B.V.
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