Due to high demand and the value of market research for the success of different sectors, Ulcerative Colitis Market report has been prepared by covering many work areas. This is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This Ulcerative Colitis Market report lets you know that how the market is going to perform in the forecast years by giving you information about market definition, classifications, applications, and engagements. Few of the features such as objectivity have been kept at the centre while obtaining the best result via this Ulcerative Colitis Market report for Pharmaceutical industry.
Global ulcerative colitis market is expected to rise gradually to an estimated value of USD 10.51 billion by 2026, registering a CAGR of 5.4 % in the forecast period of 2019-2026.
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Market Definition: Global Ulcerative colitis Market
Ulcerative colitis is a chronic disease that affects the colon of large intestine. It is characterized by inflammation in the large intestine, and the symptoms include blood in the stool, diarrhea and abdominal pain.
According to CDC, in 2015, there were approximately 3.0 million people having IBD (either Crohn’s Disease or ulcerative colitis), other report from NCBI says that the highest reported prevalence values were in Europe (ulcerative colitis 505 per 100 000 in Norway) and North America (ulcerative colitis 286 per 100 000 in the USA), almost more than half of these cases could have been avoided with the availability of proper medical treatment. This significant number is expected to act as a driver to the market growth.
- Rise in the incidence and prevalence rate of the disease will drive the growth of the market
- Large number of pipeline molecule will help the market to grow
- Rise in the government and non-government investment in the R&D
- Strict government regulations Is restraining the market growth
- Patent expiry of blockbuster drugs will result in generic and biosimilar competition
- Lower incidence rate in Asia- pacific regions restricts the growth of market in that particular area
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Segmentation: Global Ulcerative colitis Market
- Ulcerative Proctitis
- Left-Sided Colitis
- Pancolitis or Universal Colitis
- Fulminant Colitis
By Drug Type
- Anti-Inflammatory Drugs
- Anti-TNF biologics
- Calcineurin Inhibitors
- Other Drug Types
By Molecule Type
- Small Molecules
By End- User
- Hospital Pharmacies
- Retail Pharmacies
- Drug Store
By Route of Administration
Key Developments in the Market:
- In December 2017, Boehringer Ingelheim International GmbHannounced a collaborative agreement on the discovery and development of orally available novel Locked Nucleic Acid (LNA) oligonucleotides for the treatment of inflammatory bowel diseases (IBDs) with Roche. Together, Boehringer Ingelheim and Roche will leverage complementary expertise and innovative LNA technology to bring novel treatment approaches to IBD patients.
- In February 2018, Regentys, a regenerative medicine company, announced its partnership with Cook Biotech Inc., to develop a novel treatment for ulcerative colitis. Under the terms, Cook Biotech will develop and manufacture Regentys’ licensed clinical product, ECMH Rectal Solution (Extracellular Matrix Hydrogel), which will be used in first-in-man clinical studies conducted by Regentys in 2018.
Competitive Analysis: Global Ulcerative colitis Market
Global ulcerative colitis market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ulcerative colitis market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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