Global Ulcerative Colitis Treatment Market - 2023-2030
The global ulcerative colitis treatment market reached US$ 6.9 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 11.1 billion by 2030. The global ulcerative colitis treatment market is expected to exhibit a CAGR of 6.3% during the forecast period (2023-2030).
The growing number of inflammatory bowel diseases including ulcerative colitis, increasing research activities, rising number of product approvals, and market developments such as mergers, acquisitions, collaborations, and product introductions are among the primary factors expected to drive the global ulcerative colitis treatment market growth in the forecast period.
Market Dynamics
Increasing Product Approvals Drive the Growth of the Ulcerative Colitis Treatment Market
The increasing product approvals for the treatment of ulcerative colitis are expected to boost the global ulcerative colitis treatment market growth in the forecast period. For instance, in March 2022, AbbVie, a pharmaceutical corporation obtained United States Food and Drug Administration (FDA) authorization for RINVOQ (upadacitinib) to treat adults with intermediate to extreme active ulcerative colitis (UC) who have had an insufficient response or intolerance to one or more tumor necrosis factor (TNF) blockers.
Likewise, in November 2021, the European Commission authorized an added indication for Jyseleca (filgotinib) to treat active ulcerative colitis in adult patients.
The Increase in Research Activities is Expected to Present the Global Ulcerative Colitis Treatment Market with Growth Opportunities
The increasing research activities are presenting the global market with prospective growth opportunities. For instnace, in March 2021, in Canada, Eli Lilly and Company, an American pharmaceutical company, began a phase II clinical investigation to evaluate the effectiveness and safety of LY3471851 in adult individuals with active ulcerative colitis (UC). The study is estimated to be concluded in October 2024.
The Presence of Stringent Regulatory Bodies is Estimated to Hamper The Global Ulcerative Colitis Treatment Market During the Forecast Period
The presence of stringent regulatory bodies for the approval of newly developed drugs for ulcerative colitis is hampering the global market growth in the forecast period. For instnace, the major regulatory bodies supervising the authorization and commercialization of ulcerative treatment drugs include the United States Food and Drug Administration (USFDA) and the European Medicines Agency, an agency of the European Union in charge of the evaluation and supervision of pharmaceutical products in European Union.
COVID-19 Impact Analysis.
The financial health of companies across all industries has been impacted by the COVID-19 pandemic and lockdown in numerous nations throughout the world. Therefore, for the period of the COVID-19 public health emergency, the U.S. Food and Drug Administration (FDA) issued guidelines that include general considerations to aid sponsors and researchers, ensuring the safety of trial participants, adhering to good clinical practice (GCP), and minimizing risks to trial integrity.
Russia-Ukraine War Impact Analysis
The Russia-Ukraine conflict is thought to hold a moderate influence on the global ulcerative colitis treatment market, as there is a low prevalence of ulcerative colitis and a lack of primary market players in this region.
Though continuing to countenance invasions from Russian armies, Ukrainian clinics are forced by growing numbers of deaths and limited medical aid. There are shortages across all types of medications. Again, the significance of the import and export of fundamental materials are expected to have a slight impact on the global ulcerative colitis treatment market growth in the forecast period.
Segment Analysis
The global ulcerative colitis treatment market is segmented based on type, drug class, route of administration, distribution channel, and region.
The Immunosuppressant Drug Class is Estimated to Dominate the Global Ulcerative Colitis Treatment Market
Owing to the increasing positive outcomes from research investigation the immunosuppressant drug class segment is estimated to hold around 39.8% of the global market in the forecast period. For instance, in June AbbVie, a pharmaceutical corporation reported positive top-line outcomes from COMMAND, its Phase 3 maintenance investigation, revealing risankizumab (SKYRIZI, 180 mg or 360 mg subcutaneous [SC]) attained the preliminary endpoint of clinical remission (per Adapted Mayo Score) at week 52, and critical secondary endpoints in adult individuals with intermediate to extreme active ulcerative colitis.
Geographical Analysis
Europe is Estimated to Hold 28.6% of the Market Share Owing to the Growing Cases of Chronic Conditions in this Region
Owing to the increasing marketing applications acceptance and increasing research approval in Europe is estimated to boost the region's growth attaining 28% of the global market share by 2030. For instance, in December 2022, Pfizer Inc., an American multinational pharmaceutical corporation, reported that The European Medicines Agency (EMA) has received the Marketing Authorization Application (MAA) for etrasimod in the patient inhabitants with the conclusion expected in the first half of 2024.
Also, in August 2022, Abivax SA, a French clinical-stage, publicly traded biotechnology corporation concentrated on designing therapies that modulate the immune system for the treatment of chronic inflammatory conditions, viral diseases, and cancer obtained authorization from the central U.S. Institutional Review Board (IRB) for the protocols for the investigations allowing the beginning of registrations with obefazimod (ABX464) in UC in the U.S. A first-patient-in was expected for the end of the third quarter of this year.
Competitive Landscape
The major global players in the ulcerative colitis treatment market include Abbott Laboratories, Ajinomoto, AstraZeneca Plc., Eli-Lilly, GlaxoSmithKline Plc., Index Pharmaceuticals Holdings AB, Johnson & Johnson, Merck & Co., Pfizer Inc., and Sanofi, among others.
Why Purchase the Report?
• To visualize the global ulcerative colitis treatment market segmentation based on type, drug class, route of administration distribution channel, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of ulcerative colitis treatment market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Type mapping available in Excel consisting of key types of all the major players.
The global ulcerative colitis treatment market report would provide approximately 53 tables, 54 figures, and 195 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
- 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Definition and Overview
- 3. Executive Summary
- 3.1. Snippet by Type
- 3.2. Snippet by Drug Class
- 3.3. Snippet by Route of Administration
- 3.4. Snippet by Distribution Channel
- 3.5. Snippet by Region
- 4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Increasing Market Developments
- 4.1.1.2. Growing Prevalence of Ulcerative Colitis
- 4.1.2. Restraints
- 4.1.2.1. Stringent Regulatory Bodies
- 4.1.3. Opportunity
- 4.1.3.1. Increasing Research Activates
- 4.1.4. Impact Analysis
- 5. Industry Analysis
- 5.1. Porter’s 5 Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
- 6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID-19
- 6.1.2. Scenario During COVID-19
- 6.1.3. Scenario Post COVID-19
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During the Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
- 7. By Type
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2. Market Attractiveness Index, By Type
- 7.2. Ulcerative Proctitis *
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Proctosigmoiditis
- 7.4. Left-sided Colitis
- 7.5. Pancolitis or Universal Colitis
- 7.6. Fulminant Colitis
- 8. By Drug Class
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Drug Class
- 8.1.2. Market Attractiveness Index, By Drug Class
- 8.2. Immunosuppressant*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Anti-Inflammatory Drugs
- 8.4. Anti-TNF biologics
- 8.5. Calcineurin Inhibitors
- 8.6. Others
- 9. By Route of Administration
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Route of Administration
- 9.1.2. Market Attractiveness Index, By Route of Administration
- 9.2. Oral*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Injectable
- 10. By Distribution Channel
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 10.1.2. Market Attractiveness Index, By Distribution Channel
- 10.2. Hospital Pharmacies *
- 10.2.1. Introduction
- 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3. Retail Pharmacies
- 10.4. Online Pharmacies
- 11. By Region
- 11.1. Introduction
- 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 11.1.2. Market Attractiveness Index, By Region
- 11.2. North America
- 11.2.1. Introduction
- 11.2.2. Key Region-Specific Dynamics
- 11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Drug Class
- 11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Route of Administration
- 11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.2.7.1. The U.S.
- 11.2.7.2. Canada
- 11.2.7.3. Mexico
- 11.3. Europe
- 11.3.1. Introduction
- 11.3.2. Key Region-Specific Dynamics
- 11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Drug Class
- 11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Route of Administration
- 11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.3.7.1. Germany
- 11.3.7.2. The U.K.
- 11.3.7.3. France
- 11.3.7.4. Spain
- 11.3.7.5. Italy
- 11.3.7.6. Rest of Europe
- 11.4. South America
- 11.4.1. Introduction
- 11.4.2. Key Region-Specific Dynamics
- 11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Drug Class
- 11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Route of Administration
- 11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.4.7.1. Brazil
- 11.4.7.2. Argentina
- 11.4.7.3. Rest of South America
- 11.5. Asia-Pacific
- 11.5.1. Introduction
- 11.5.2. Key Region-Specific Dynamics
- 11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Drug Class
- 11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Route of Administration
- 11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.5.7.1. China
- 11.5.7.2. India
- 11.5.7.3. Japan
- Australia
- 11.5.7.4. Rest of Asia-Pacific
- 11.6. Middle East and Africa
- 11.6.1. Introduction
- 11.6.2. Key Region-Specific Dynamics
- 11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Drug Class
- 11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Route of Administration
- 11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Market Positioning/Share Analysis
- 12.3. Mergers and Acquisitions Analysis
- 13. Company Profiles
- 13.1. Abbott Laboratories *
- 13.1.1. Company Overview
- 13.1.2. Product Portfolio and Description
- 13.1.3. Financial Overview
- 13.1.4. Key Developments
- 13.2. Ajinomoto
- 13.3. AstraZeneca Plc.
- 13.4. Eli-Lilly
- 13.5. GlaxoSmithKline Plc.
- 13.6. Index Pharmaceuticals Holdings AB
- 13.7. Johnson & Johnson
- 13.8. Merck & Co.
- 13.9. Pfizer Inc.
- 13.10. Sanofi
- LIST NOT EXHAUSTIVE
- 14. Appendix
- 14.1. About Us and Services
- 14.2. Contact Us
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