Inflammatory Bowel Disease Treatment Market Share, Size, Trends, Industry Analysis Report, By Disease indication; By Drug Class; By Route of Administration; By Distribution Channel; By Region; Segment Forecast, 2022 - 2030
The global inflammatory bowel disease treatment market size is expected to reach USD 30.80 billion by 2030, according to a new study by Polaris Market Research. The report “Inflammatory Bowel Disease Treatment Market Share, Size, Trends, Industry Analysis Report, By Disease indication; By Drug Class; By Route of Administration; By Distribution Channel; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The industry for enhanced diagnostic and therapy for inflammatory bowel disease is growing as a result of rising cases of IBD in various regions. The frequency of ulcerative colitis and Crohn’s disease is on the rise as a result of a number of variables, such as genetic predisposition, environmental triggers, and immune system disruption.
Most people with Crohn’s disease or ulcerative colitis have a family history of the disorder. Each year, 70,000 new cases of IBD are identified, and up to 80,000 youngsters may develop ulcerative colitis or Crohn’s disease (CD) (UC). According to Hammer et al., IBD is thought to affect 2.5 to 3 million people in Europe or around 0.3% of the overall population. As per British medical journals, IBD could affect up to 240 000 people in the UK.
Increased disease detection rates and adequate reimbursement regulations in industrialized countries aid industry expansion as early disease diagnosis becomes increasingly crucial. As a result, more patients are obtaining treatment for IBD, which has increased demand for drugs, including toll-like receptor agonists, TNF inhibitors, IL inhibitors, JAK inhibitors, and others that are used to treat the condition.
A larger disease burden of IBD, significant improvements in our understanding of disease pathophysiology, and the development of improved diagnostic and therapeutic drugs are among additional variables that contribute to increased diagnosis rates. In addition to the previously mentioned improvements in access to healthcare systems, better diagnostic techniques for detecting UC early in the illness course, and more knowledge among physicians, patients, and healthcare professionals.
Inflammatory Bowel Disease Treatment Market Report Highlights
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