The Inflammatory Bowel Disease Drugs Market size was valued at USD 21.15 Billion in 2023 and is expected to reach USD 27.65 Billion By 2031 and grow at a CAGR of 3.47% over the forecast period of 2024-2031.
The pharmaceutical market sector that focuses on the discovery, manufacture, and distribution of medications used in the treatment of inflammatory bowel illnesses is known as the Inflammatory Bowel Disease (IBD) Drugs Market. IBD, which includes gastrointestinal disorders including Crohn's disease and ulcerative colitis, is a chronic autoimmune ailment that mostly affects the gastrointestinal system.
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The global rise in inflammatory bowel disease prevalence is what fuels the market for IBD medications. The major objectives of treatment are to reduce inflammation, treat symptoms, and instigate and sustain remission. These disorders are characterised by periods of active inflammation and remission. In the next few years, market growth is predicted to be fueled by the increasing incidence of ulcerative colitis and Crohn's disease worldwide. A surge in the use of biological medications for the treatment of IBD as well as the presence of potent pipeline candidates like AbbVie's Skyrizi (risankizumab) and Rinvoq (upadacitinib), Lilly's lebrikizumab, and Takeda's subcutaneous formulation of Entyvio (vedolizumab) are likely to support the market expansion. Government measures to enhance healthcare for IBD patients have increased, as these individuals are more prone to contracting infections as a result of immunosuppressive medications. The presence of a strong product pipeline and projected releases during the projection period are expected to boost market growth. For instance, AbbVie's ABBV-154, an anti-TNF GRM ADC that is projected to go on sale in the foreseeable future, is now undergoing phase II clinical testing.
Similar to this, Lilly's Mirikizumab is a big molecule that may be examined for treating IBD and is anticipated to go on sale in 2023.
The market for IBD medications is primarily driven by the increasing incidence and prevalence of IBD, particularly Crohn's disease and ulcerative colitis.
Drug Development Improvements.
Recent years have seen significant improvements in medication development, particularly in the area of biological medicines. The landscape of IBD treatment has undergone a radical change thanks to the emergence of targeted biologics, including TNF inhibitors, interleukin inhibitors, and integrin receptor antagonists. The market has grown as a result of the breakthrough therapies' better patient outcomes and quality of life.
Restrain
Generic versions of branded IBD medications may become available as a result of patent expirations.
Regulatory Obstacles and Delays in Approval.
For novel IBD medications to receive regulatory clearance, they must meet strict safety and effectiveness standards. Getting regulatory approval can take a long time and be expensive. The timely release of novel pharmaceuticals onto the market might be hampered by regulatory obstacles or delays, which can limit growth potential.
Opportunity
IBD is a complicated disorder with individual differences in disease presentation and treatment response.
Increasing Sales in Emerging Markets.
IBD is becoming more common in developing nations, opening up new prospects for industry growth. Pharmaceutical businesses may enter and increase their presence in these areas with better healthcare infrastructure and rising patient awareness. Market access programmes, distribution contracts, and strategic collaborations may all help emerging markets thrive.
Challenge
IBD's precise aetiology and underlying processes are still poorly understood.
Loss of Response and Treatment Non-Response.
Although there are several drugs for the treatment of IBD, not every patient responds the same way to these treatments. Some people may not respond to therapy or may lose their responsiveness over time, which will result in insufficient illness control. Finding the causes of non-response and creating plans to improve treatment outcomes for non-responders provide a challenge.
Global business interruptions and economic instability have occurred due to the ongoing geopolitical tensions due to Russia's invasion of Ukraine, including sanctions and other limitations imposed on the Russian government and enterprises While we don't have any affiliates or employees in either Russia or Ukraine, we do provide different medications to patients in that country through a distributor, and we're currently working on clinical trials with locations there as well. The conflict can have an effect on the trial's schedule and price. New government restrictions on the export of specific manufacturing inputs to Russia may also hinder or delay our ability to obtain approval for new products.
The conflict's effect on corporate operations and financial performance is still unknown and will be determined by subsequent developments, such as the severity of and duration of the conflict, how it will affect local and global economic conditions, and whether it will expand to or have an influence on nations other than Russia and Ukraine. Less than 2.2% of total product revenue for the years ending in 2022 and 2021 came from sales in these regions. they will keep an eye on the ongoing crisis between Russia and Ukraine and evaluate any possible effects on our business, supply chain, partners, or clients, as well as any variables that can negatively impact our operational results.
Impact of Ongoing Recession
People may struggle financially, lose their health insurance coverage, or have less access to healthcare services during a recession. This may limit a patient's capacity to receive medical care, including diagnosis and treatment if they have inflammatory bowel disease. Patients with IBD may receive poor or delayed care as a result of limited access to medical facilities and specialists.
IBD treatment frequently entails the use of expensive, specialised drugs like biologics. People may experience financial hardships during a recession, making it harder for them to keep insurance coverage that fully covers these therapies or to pay for pricey prescriptions. Concerns about affordability could result in a drop in demand or a move towards less expensive options, which would have an effect on IBD drug sales and market expansion. During economic downturns, research and development (R&D) spending in the pharmaceutical industry may be reduced. This could restrict or lessen the development of new drugs, improved drug formulations, and IBD treatments. The lack of fresh therapeutic alternatives may have an impact on the market's ability to meet unmet needs in IBD care.
By Type
Ulcerative Colitis
Crohn’s Disease
By Drug Class
TNF inhibitors
Corticosteroids
Aminosalicylates
JAK inhibitors
Anti-integrin
IL inhibitors
By Distribution Channel
Hospital Pharmacy
Drug Store
Retail Pharmacy
Online Pharmacy
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North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are AbbVie Inc, Biogen, Takeda Pharmaceutical Company Limited, Novartis AG, Pfizer Inc, Lilly, UCB S.A., Johnson & Johnson Services, Inc., CELLTRION INC Bristol-Myers Squibb Company and others the final reports list additional participants.
Regional Analysis
North America: IBD medication is widely used in North America, mainly in the United States and Canada. IBD is quite prevalent in the area, and its healthcare system is well-established. The market is expected to rise as a result of elements including strong regulatory frameworks, cutting-edge research and development skills, and high healthcare costs. Additionally, the region's concentration of important biotechnology and pharmaceutical industries promotes innovation and the development of novel treatments.
Asia Pacific: IBD is becoming more common in the Asia-Pacific area, especially in nations like China, India, Japan, and South Korea. IBD diagnosis and treatment have grown in this area as a result of rapid urbanisation, lifestyle changes, and improved healthcare infrastructure. Biologic treatments are becoming more widely used, and more attention is being paid to improving patient access to effective medicines. Nevertheless, certain regions have problems with access to novel medications and the cost of healthcare.
Bristol-Myers Squibb Company: For instance, the Committee for Medicinal Products for Human Use (CHMP) approved Zeposia (ozanimod) in 2021 for the treatment of people with moderately to severely active Ulcerative Colitis (UC).
Celltrion Inc: In 2021, the European Commission (C) authorised the sale of Yuflyma, a biosimilar drug manufactured by Celltrion Inc. and used to treat ulcerative colitis and adult and paediatric cases of Crohn's disease.
| Report Attributes | Details |
| Market Size in 2023 | US$ 21.15 Bn |
| Market Size by 2031 | US$ 27.65 Bn |
| CAGR | CAGR of 3.47% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (Ulcerative Colitis, Crohn’s Disease) • by Drug Class (TNF inhibitors, Corticosteroids, Amino salicylates, JAK inhibitors, Anti-integrin, IL inhibitors) • by Distribution Channel (Hospital Pharmacy, Drug Store and Retail Pharmacy, Online Pharmacy) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | AbbVie Inc, Biogen, Takeda Pharmaceutical Company Limited, Novartis AG, Pfizer Inc, Lilly, UCB S.A., Johnson & Johnson Services, Inc., CELLTRION INC Bristol-Myers Squibb Company |
| Key Drivers | • The market for IBD medications is primarily driven by the increasing incidence and prevalence of IBD, particularly Crohn's disease and ulcerative colitis. • Drug Development Improvements. |
| Market Opportunities | • IBD is a complicated disorder with individual differences in disease presentation and treatment response. • Increasing Sales in Emerging Markets. |
Ans: The Inflammatory Bowel Disease Drugs Market was valued at USD 20.55 Billion in 2022
Ans: The Inflammatory Bowel Disease Drugs Market is to grow at 3.4% Over the Forecast Period 2023-2030.
Ans: The Inflammatory Bowel Disease Drugs Market is to Hit USD 26.85 Billion by 2030.
Ans: TNF inhibitors, aminosalicylates, immunomodulators, and corticosteroids are among the drugs available on the market. Hospital pharmacies, retail pharmacies, and online pharmacies are all part of the market's Drug class.
Ans: The major key players are AbbVie Inc, Biogen, Takeda Pharmaceutical Company Limited, Novartis AG, Pfizer Inc, Lilly, UCB S.A., Johnson & Johnson Services, Inc., CELLTRION INC, Bristol-Myers Squibb Company and others
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Human Insulin Market Segmentation, By Type
8.1 Ulcerative Colitis
8.2 Crohn’s Disease
9. Global Human Insulin Market Segmentation, by Drug Class
9.1 TNF inhibitors
9.2 Corticosteroids
9.3 Aminosalicylates
9.4 JAK inhibitors
9.5 Anti-integrin
9.6 IL inhibitors
10. Global Human Insulin Market Segmentation, by Distribution Channel
10.1 Hospital Pharmacy
10.2 Drug Store
10.3 Retail Pharmacy
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Inflammatory Bowel Disease Drugs Market by Country
11.2.2North America Inflammatory Bowel Disease Drugs Market By type
11.2.3 North America Inflammatory Bowel Disease Drugs Market Drug Class
11.2.4 North America Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.2.5 USA
11.2.5.1 USA Inflammatory Bowel Disease Drugs Market By type
11.2.5.2 USA Inflammatory Bowel Disease Drugs Market Drug Class
11.2.5.3 USA Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.2.6 Canada
11.2.6.1 Canada Inflammatory Bowel Disease Drugs Market By type
11.2.6.2 Canada Inflammatory Bowel Disease Drugs Market Drug Class
11.2.6.3 Canada Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.2.7 Mexico
11.2.7.1 Mexico Inflammatory Bowel Disease Drugs Market By type
11.2.7.2 Mexico Inflammatory Bowel Disease Drugs Market Drug Class
11.2.7.3 Mexico Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.3 Europe
11.3.1 Europe Inflammatory Bowel Disease Drugs Market by Country
11.3.3.2 Europe Inflammatory Bowel Disease Drugs Market By type
11.3.3 Europe Inflammatory Bowel Disease Drugs Market Drug Class
11.3.4 Europe Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.3.5 Germany
11.3.5.1 Germany Inflammatory Bowel Disease Drugs Market By type
11.3.5.2 Germany Inflammatory Bowel Disease Drugs Market Drug Class
11.3.5.3 Germany Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.3.6 UK
11.3.6.1 UK Inflammatory Bowel Disease Drugs Market By type
11.3.6.2 UK Inflammatory Bowel Disease Drugs Market Drug Class
11.3.6.3 UK Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.3.7 France
11.3.7.1 France Inflammatory Bowel Disease Drugs Market By type
11.3.7.2 France Inflammatory Bowel Disease Drugs Market Drug Class
11.3.7.3 France Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.3.8 Italy
11.3.8.1 Italy Inflammatory Bowel Disease Drugs Market By type
11.3.8.2 Italy Inflammatory Bowel Disease Drugs Market Drug Class
11.3.8.3 Italy Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.3.9 Spain
11.3.9.1 Spain Inflammatory Bowel Disease Drugs Market By type
11.3.9.2 Spain Inflammatory Bowel Disease Drugs Market Drug Class
11.3.9.3 Spain Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.3.10 The Netherlands
11.3.10.1 Netherlands Inflammatory Bowel Disease Drugs Market By type
11.3.10.2 Netherlands Inflammatory Bowel Disease Drugs Market Drug Class
11.3.10.3 Netherlands Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe Inflammatory Bowel Disease Drugs Market By type
11.3.11.2 Rest of Europe Inflammatory Bowel Disease Drugs Market Drug Class
11.3.11.3 Rest of Europe Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.4 Asia-Pacific
11.4.1 Asia Pacific Inflammatory Bowel Disease Drugs Market by Country
11.4.2 Asia Pacific Inflammatory Bowel Disease Drugs Market By type
11.4.3 Asia Pacific Inflammatory Bowel Disease Drugs Market Drug Class
11.4.4 Asia-Pacific Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.4.5 Japan
11.4.5.1 Japan Inflammatory Bowel Disease Drugs Market By type
11.4.5.2 Japan Inflammatory Bowel Disease Drugs Market Drug Class
11.4.5.3 Japan Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.4.6 South Korea
11.4.6.1 South Korea Inflammatory Bowel Disease Drugs Market By type
11.4.6.2 South Korea Inflammatory Bowel Disease Drugs Market Drug Class
11.4.6.3 South Korea Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.4.7 China
11.4.7.1 China Inflammatory Bowel Disease Drugs Market By type
11.4.7.2 China Inflammatory Bowel Disease Drugs Market Drug Class
11.4.7.1 China Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.4.8 India
11.4.8.1 India Inflammatory Bowel Disease Drugs Market By type
11.4.8.2 India Inflammatory Bowel Disease Drugs Market Drug Class
11.4.8.3 India Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.4.9 Australia
11.4.9.1 Australia Inflammatory Bowel Disease Drugs Market By type
11.4.9.2 Australia Inflammatory Bowel Disease Drugs Market Drug Class
11.4.9.3 Australia Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.4.10 Rest of Asia-Pacific
11.4.10.1 APAC Inflammatory Bowel Disease Drugs Market By type
11.4.10.2 APAC Inflammatory Bowel Disease Drugs Market Drug Class
11.4.10.3 APAC Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Inflammatory Bowel Disease Drugs Market by Country
11.5.2 The Middle East & Africa Inflammatory Bowel Disease Drugs Market By type
11.5.3 The Middle East & Africa Inflammatory Bowel Disease Drugs Market Drug Class
11.5.4 The Middle East & Africa Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.5.5 Israel
11.5.5.1 Israel Inflammatory Bowel Disease Drugs Market By type
11.5.5.2 Israel Inflammatory Bowel Disease Drugs Market Drug Class
11.5.5.3 Israel Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.5.6 UAE
11.5.6.1 UAE Inflammatory Bowel Disease Drugs Market By type
11.5.6.2 UAE Inflammatory Bowel Disease Drugs Market Drug Class
11.5.6.3 UAE Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.5.7 South Africa
11.5.7.1 South Africa Inflammatory Bowel Disease Drugs Market By type
11.5.7.2 South Africa Inflammatory Bowel Disease Drugs Market Drug Class
11.5.7.3 South Africa Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.5.8 Rest of Middle East & Africa
11.5.8.1 Rest of Middle East & Asia Inflammatory Bowel Disease Drugs Market By type
11.5.8.2 Rest of Middle East & Asia Inflammatory Bowel Disease Drugs Market Drug Class
11.5.8.3 Rest of Middle East & Africa Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.6 Latin America
11.6.1 Latin America Inflammatory Bowel Disease Drugs Market by Country
11.6.2 Latin America Inflammatory Bowel Disease Drugs Market By type
11.6.3 Latin America Inflammatory Bowel Disease Drugs Market Drug Class
11.6.4 Latin America Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.6.5 Brazil
11.6.5.1 Brazil Inflammatory Bowel Disease Drugs Market By type
11.6.5.2 Brazil Africa Inflammatory Bowel Disease Drugs Market Drug Class
11.6.5.3 Brazil Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.6.6 Argentina
11.6.6.1 Argentina Inflammatory Bowel Disease Drugs Market By type
11.6.6.2 Argentina Inflammatory Bowel Disease Drugs Market Drug Class
11.6.6.3 Argentina Inflammatory Bowel Disease Drugs Market by Distribution Channel
11.6.7 Rest of Latin America
11.6.7.1 Rest of Latin America Inflammatory Bowel Disease Drugs Market By type
11.6.7.2 Rest of Latin America Inflammatory Bowel Disease Drugs Market Drug Class
11.6.7.3 Rest of Latin America Inflammatory Bowel Disease Drugs Market by Distribution Channel
12. Company profile
12.1 AbbVie Inc
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Biogen
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Takeda Pharmaceutical Company Limited
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Novartis AG
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Pfizer Inc
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Lilly
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 UCB S.A.
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Johnson & Johnson Services, Inc.
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 CELLTRION INC
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Bristol-Myers Squibb Company
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. Used Cases and Best Practices
15. Conclusion
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