The prime driver for Crohn’s disease treatment market is increase in number of people being infected by the disease. In addition, increase in demand for biologics and high unmet needs within the anti-TNF refractory patient group that presents untapped market opportunities. Strong pipeline and novel mechanisms to treat Crohn’s disease are fuelling the growth of Crohn’s disease treatment market. However, patent expiry of the key drugs and high cost of treatment is expected to hamper the Crohn’s disease treatment market globally. High R&D investment for development of biological drugs and unknown aetiology of the Crohn’s disease further hindering the market growth.A sample of this report is available upon request @
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Global Crohn’s disease treatment market is segmented based on, drug class and distribution channel
Based on drug class, Crohn’s disease treatment market is segmented into
Antibiotics
Anti-Diarrheal
Immune System Suppressants
Analgesics
Anti-Inflammatory Drugs
Monoclonal Antibodies
Based on distribution channel, Crohn’s disease treatment market is segmented into
Hospital Pharmacy
Retail Pharmacy
Others
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Crohn’s disease treatment market is expected to grow at a significant rate during the forecast period. Growth in biologics development unfolded the opportunities for the new market players as they are most commonly used in Crohn’s disease treatment. Market players are focusing on to develop new products that can treat Crohn’s disease. For instance, mongersen, is investigational therapy for the treatment of crohn’s disease, is being developed by Celgene Corporation in phase 3 clinical trials. Considering the foreseen factors Crohn’s disease treatment market is projected to have a lucrative opportunity for market players.
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Some of the market players in Crohn’s disease treatment market are Allergan, Inc. (U.S.), AbbVie Inc., (U.S.), Takeda Pharmaceutical Company Limited (Japan), Bayer AG (Switzerland), UCB S.A. (Belgium), Perrigo Company plc (Ireland), Pfizer Inc. (US), Johnson & Johnson Services, Inc. (US), and Ferring B.V. (Switzerland) to name a few.
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