The Crohns Disease Treatment Market To Witness Transformation Of Technology Into Growth - PowerPoint PPT Presentation

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The Crohns Disease Treatment Market To Witness Transformation Of Technology Into Growth

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The Crohn’s & Colitis Foundation of America (CCFA) stated that over 1 Million Americans were diagnosed with Crohn’s & ulcerative colitis disorders, with most of them aged above 30. Growing occurrence of Crohn’s disease has triggered a robust demand for its therapeutics. A survey conducted by the US Center for Disease Control (CDC) has revealed that the incidence rate of Crohn’s disease in the country is 3.1 to 14.6 new cases per 100,000 population annually. – PowerPoint PPT presentation

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Title: The Crohns Disease Treatment Market To Witness Transformation Of Technology Into Growth


1
The Crohns Disease Treatment Market To Climb The
Growth Ladder Through Innovations
Report Id PMRREP9665 Category Life Science
Healthcare
2
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North America to remain dominant in the global
parenteral medical nutrition market
  • Increasing demand for biologics for treating
    bowel disorders such as ulcerative collates and
    Crohns disease is propelling the overall growth
    of Crohns disease market. Moreover, drug
    manufacturers are actively focusing on advanced
    products having higher efficiency. The growing
    patient population is an additional factor
    expected to influence the market growth between
    2016 and 2024. Therefore, higher utilization and
    preference for biologics and anti-inflammatory
    drug therapies coupled with the surging
    popularity of biosimilars is expected to play an
    important role in shaping the market for the
    future.
  • The high cost of treatment will remain as a major
    impediment for the market. Further, the patient
    expiry of blockbuster drugs and lack of early
    diagnosis particularly in third world countries
    are some of the other hindrances that are likely
    to inhibit the market growth during the forecast
    period.
  • Higher preference for symptomatic therapeutic and
    drugs over surgeries, better treatment management
    of inflammatory bowel diseases, the arrival of
    enhanced drugs in the market owing to healthier
    investments in RD programs are some of the key
    trends governing the market.

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Market Segmentation
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