Crohn's Disease Treatment Market to Surpass US$ 10 Billion by 2026embed
Crohn’s disease is a form of inflammatory bowel disease (IBD) that refers to a chronic inflammatory condition of the gastrointestinal tract causing inflammation in the digestive tract.
Crohn's Disease Treatment Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026 REPORT DESCRIPTION Crohn's Disease Treatment Market – Overview According to the journal of Gastroenterology’s on Inflammatory Bowel Disease (IBD) in 2017, around 1.6 million patient in the U.S were suffering from of IBD, out of which considerable section belongs to Crohn’s disease. Additionally, fasttrack drug approval application of FDA pertaining to treatments for Crohn’s disease is also expected to foster the market in the forecast years. The pipeline drugs offering innovative treatment solutions expecting to receive marketing approvals are anticipated to propel the market growth. For instance, launch of interleukin (IL) inhibitor and anti-integrin therapy for Crohn’s disease, risankizumab, is in the Phase III clinical trials of FDA developed by AbbVie and is expected to complete its trials by January 2022. However, lack of awareness regarding available treatment options is expected to act as hindrance in the market growth. Moreover, development of new and effective therapy options to cure the symptoms of the disease is also a vital factor contributing to the growth of Crohn’s disease treatment market. For instance, researchers from University of Washington Medicine at the Crohn's & Colitis Congress held in January 2018 presented a study that developed an antibiotic that showed four fold better response on the inflammation of intestine among patients suffering with Crohn’s disease as compared to the existing therapies available in the market. REPORT DESCRIPTION Crohn's Disease Treatment Market Taxonomy: Global Crohn’s Disease Treatment Market, By Drug Type: Antibiotics Amino Salicylates Corticosteroids Immunomodulators Others Global Crohn’s Disease Treatment Market, By Distribution Channel: Hospital Pharmacies Retail Pharmacies E-Commerce Get Request a Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/1237 REPORT DESCRIPTION Crohn's Disease Treatment Market – Key Players AbbVie Janssen Biotech Allergan Inc Bayer AG Bristol-Myers Squibb Pfizer Boehringer Ingelheim GmbH F. Hoffmann-La Roche Eli Lilly and Company GlaxoSmithKline Novartis International AG Sanofi S.A Takeda Pharmaceutical Company Get More Inf @ https://www.coherentmarketinsights.com/market-insight/crohns-disease-treatment-market-1237 ABOUT COHERENT MARKET INSIGHTS Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. 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