Inflammatory Bowel Disease Treatment Market

Inflammatory Bowel Disease Treatment Market by Types (Ulcerative Colitis and Crohn’s Disease), Routes of Administration (Injectables [TNF-Inhibitors, IL Inhibitors, Anti-integrin, and Others], and Oral [ASAs, Corticosteroids, JAK Inhibitors, and Others]), Distribution Channels (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-830
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 185
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The global inflammatory bowel disease treatment market size is anticipated to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the presence of huge pipeline products for inflammatory bowel disease treatment.
 

Inflammatory Bowel Disease Treatment Market Key Takeaways


Inflammatory bowel disease (IBD) is normally caused due to the attack by immune system on harmless virus, bacteria, or food present inside the intestine. Crohn’s disease, and ulcerative colitis are two most common types of IBD. The IBD drugs are used to treat autoimmune diseases include indeterminate colitis, ulcerative colitis, and Crohn’s disease. Crohn’s disease affects any part of GI tract and ulcerative colitis affects the anus and the large intestine which causes inflammation in the rectum and colon. Inflammatory bowel disease symptoms are caused due to change in lifestyle, autoimmune disorders, and genetic factors. The common symptoms of IBD are abdominal pain & cramps, rectal bleeding, fever, diarrhea, weight loss, and constipation.

Emergence of biosimilars is a key factor responsible for aiding the market expansion. Biosimilars are cheaper than biologics. Hence, biosimilars are largely available in emerging countries. Patent expiration of some drugs is propelling the launch of novel biosimilars. For instance, the Food and Drug Administration (FDA), in 2016, approved Inflectra, which was a biosimilar with lower cost. It is similar to Remicade. Remicade is manufactured by Janssen Non-surgical and used to treat Crohn’s disease and ulcerative colitis.

Key market players such as Celgene, Shire, Eli Lilly and Company, Gilead Sciences, AbbViee Inc., and Pfizer Inc. are focusing on R&D for commercializing and launching improved version of existing products. Also, Risankizumab, Upadacitinib, and Ozanimod are some pipeline products which are projected to have enhanced mechanism of efficiency and action.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing geriatric population and increasing prevalence of Crohn's disease and ulcerative colitis are anticipated to boost the market growth.
  • Increasing government support for research into IBD and rising ubiquity of anxiety and depression are projected to drive the growth of the market.
  • Rising number of drugs in clinical trials and increasing participation of regulatory bodies for funding and designation are expected to fuel the market expansion in coming years.
  • Advancement in medical technology and increasing acceptance of pre-biotic and pro-biotic foods are major factors responsible for propelling the market growth over the forecast period.
  • Stringent regulations, huge capital investments required for drug discovery, and inadequate effectiveness of treatment are expected to impede the market growth over the forecast period.

Scope of the Report

The report on the global inflammatory bowel disease treatment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Inflammatory Bowel Disease Treatment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Ulcerative Colitis and Crohn’s Disease), Routes of Administration (Injectables [TNF-Inhibitors, IL Inhibitors, Anti-integrin, and Others], and Oral [ASAs, Corticosteroids, JAK Inhibitors, and Others]), Distribution Channels (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Johnson & Johnson Services Inc., Pfizer Inc., Takeda Pharmaceutical Company Limited, AbbVie Inc., Celltrion Healthcare Co., Ltd., CELGENE CORPORATION, COSMO PHARMACEUTICALS, Innovate Biopharmaceuticals, UCB S.A., and Gilead Sciences

 

Market Segment Insights

Ulcerative colitis segment is expected to expand at a rapid pace
Based on types, the inflammatory bowel disease treatment market is segmented into Crohn’s disease and ulcerative colitis. The Crohn’s disease segment is expected to hold a key share of the market during the forecast period owing to growing prevalence of the condition. Based on article, published by the Jobson Medical Information LLC, in 2018, every year the prevalence of Crohn’s disease was found around 200 cases per 100,000 person in the U.S.

On the other hand, the ulcerative colitis segment is anticipated to expand at a rapid pace during the forecast period due to huge presence of pipeline products for the treatment. Also, rising involvement of major market players in development of products is projected to fuel the segment growth.
 

Inflammatory Bowel Disease Treatment Market By Types


Injectables segment is projected to hold a key market share
On the basis of routes of administration, the inflammatory bowel disease treatment market is divided into injectables and oral. The injectables segment is further subdivided into TNF-inhibitors, IL inhibitors, anti-integrin, and others. The injectables segment is expected to account for a key share of the market in the coming years due to their efficacy. Addition to this, emergence of biosimilars such as Inflectra is projected to drive the growth of the segment. In 2018, TNF-inhibitors was the major sub-segment.

However, the oral segment is anticipated to expand at a rapid pace during the forecast period owing to huge presence of pipeline products. The oral segment is subdivided into ASAs, corticosteroids, JAK inhibitors, and others. The market was dominated by ASAs and JAK inhibitors is expected to expand at a significant pace during the forecast period.

Online pharmacy segment is expected to grow at a significant pace
In terms of distribution channels, the market is bifurcated into hospital pharmacy, retail pharmacy, and online pharmacy. The hospital pharmacy segment is expected to represent a key share of the market in the coming years. Growing prevalence of ulcerative colitis and Crohn’s disease result in increasing number of hospitalizations across globe.

On the other hand, the online pharmacy segment is anticipated to expand at a rapid pace during the forecast period. The online purchasing trend and demand is increasing because of convenience, comfort and flexibility. Due to this generation of revenue is increasing. Also, online shopping offers several discounts which is expected to boost the segment growth.

North America is expected to dominate the market
On the basis of regions, the inflammatory bowel disease treatment market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to presence of major market players and well-established healthcare infrastructure. Moreover, growing geriatric population and prevalence of Crohn’s disease and ulcerative colitis are expected to drive the regional market growth. Based on study published in the NCBI in 2019, the incidence of IBD treatment in the North America is approximately 2 to 19 cases per 100,000 person every year. Also, in the U.S., around 240 per 100,000 population were suffering from ulcerative colitis.

The market of Asia Pacific is expected to exhibit a rapid growth rate during the forecast period owing to increasing product approvals.
 

Inflammatory Bowel Disease Treatment Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inflammatory Bowel Disease Treatment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Inflammatory Bowel Disease Treatment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Inflammatory Bowel Disease Treatment Market - Supply Chain
  4.5. Global Inflammatory Bowel Disease Treatment Market Forecast
     4.5.1. Inflammatory Bowel Disease Treatment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Inflammatory Bowel Disease Treatment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Inflammatory Bowel Disease Treatment Market Absolute $ Opportunity
5. Global Inflammatory Bowel Disease Treatment Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Types
     5.3.1. Ulcerative Colitis
     5.3.2. Crohn’s Disease
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Inflammatory Bowel Disease Treatment Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Inflammatory Bowel Disease Treatment Demand Share Forecast, 2019-2026
7. North America Inflammatory Bowel Disease Treatment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Types
     7.4.1. Ulcerative Colitis
     7.4.2. Crohn’s Disease
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Inflammatory Bowel Disease Treatment Demand Share Forecast, 2019-2026
8. Latin America Inflammatory Bowel Disease Treatment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Types
     8.4.1. Ulcerative Colitis
     8.4.2. Crohn’s Disease
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Inflammatory Bowel Disease Treatment Demand Share Forecast, 2019-2026
9. Europe Inflammatory Bowel Disease Treatment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Types
     9.4.1. Ulcerative Colitis
     9.4.2. Crohn’s Disease
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Inflammatory Bowel Disease Treatment Demand Share Forecast, 2019-2026
10. Asia Pacific Inflammatory Bowel Disease Treatment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Types
     10.4.1. Ulcerative Colitis
     10.4.2. Crohn’s Disease
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Inflammatory Bowel Disease Treatment Demand Share Forecast, 2019-2026
11. Middle East & Africa Inflammatory Bowel Disease Treatment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Inflammatory Bowel Disease Treatment Market Size and Volume Forecast by Types
     11.4.1. Ulcerative Colitis
     11.4.2. Crohn’s Disease
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Inflammatory Bowel Disease Treatment Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Inflammatory Bowel Disease Treatment Market: Market Share Analysis
  12.2. Inflammatory Bowel Disease Treatment Distributors and Customers
  12.3. Inflammatory Bowel Disease Treatment Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Johnson & Johnson Services Inc.
     12.4.2. Pfizer Inc.
     12.4.3. Takeda Pharmaceutical Company Limited
     12.4.4. AbbVie Inc.
     12.4.5. Celltrion Healthcare Co., Ltd.
     12.4.6. CELGENE CORPORATION
     12.4.7. COSMO PHARMACEUTICALS
     12.4.8. Innovate Biopharmaceuticals
     12.4.9. UCB S.A.
     12.4.10. Gilead Sciences

Segments Covered in the Report
The global inflammatory bowel disease treatment market has been segmented on the basis of

Types

  • Ulcerative Colitis
  • Crohn’s Disease

Routes of Administration

  • Injectables
    • TNF-inhibitors
    • IL inhibitors
    • Anti-integrin
    • Others
  • Oral
    • ASAs
    • Corticosteroids
    • JAK inhibitors
    • Others

Distribution Channels

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Johnson & Johnson Services Inc.
  • Pfizer Inc.
  • Takeda Pharmaceutical Company Limited
  • AbbVie Inc.
  • Celltrion Healthcare Co., Ltd.
  • CELGENE CORPORATION
  • COSMO PHARMACEUTICALS
  • Innovate Biopharmaceuticals
  • UCB S.A.
  • Gilead Sciences

Key players competing in the inflammatory bowel disease treatment market include Johnson & Johnson Services Inc., Pfizer Inc., Takeda Pharmaceutical Company Limited, AbbVie Inc., Celltrion Healthcare Co., Ltd., CELGENE CORPORATION, COSMO PHARMACEUTICALS, Innovate Biopharmaceuticals, UCB S.A., and Gilead Sciences.

Major market players are implementing several business strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance, Janssen Biotech, Inc., in 2017, collaborated with Protagonist Therapeutics Inc. for development, manufacture, and market PTG-200. PTG-200 was an oral IL 23 receptor for IBD treatment.
 

Inflammatory Bowel Disease Treatment Market By Key Players

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