Market revenue in 2023 | USD 351.0 million |
Market revenue in 2030 | USD 495.2 million |
Growth rate | 5% (CAGR from 2023 to 2030) |
Largest segment | Crohn's disease |
Fastest growing segment | Ulcerative Colitis |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Crohn's Disease, Ulcerative Colitis |
Key market players worldwide | AbbVie Inc, Takeda Pharmaceutical Co Ltd, Pfizer Inc, Biogen Inc, Novartis AG ADR, Eli Lilly and Co, UCB SA, Merck & Co Inc, Johnson & Johnson, Celltrion Healthcare |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to inflammatory bowel disease treatment market will help companies and investors design strategic landscapes.
Crohn's disease was the largest segment with a revenue share of 60.11% in 2023. Horizon Databook has segmented the Spain inflammatory bowel disease treatment market based on crohn's disease, ulcerative colitis covering the revenue growth of each sub-segment from 2018 to 2030.
Spain is one of the most lucrative markets in Europe. According to an article published by UCB S.A., in 2019, around 900,000 people suffered from Crohn’s disease in the top seven markets, which included the U.S., Spain, the UK, Italy, Japan, Germany, and France. In addition, presence of key players, such as Pfizer, AbbVie, Gilead Sciences, UCB, and Shire, is expected to drive the country’s market.
In addition, supportive regulatory framework for pharmaceuticals is further accelerating the market. For instance, in September 2019, Janssen Pharmaceuticals of J&J announced that the European Commission approved the expanded use for the management of adults with severe ulcerative colitis.
Moreover, various factors like high-quality treatment providers, promised reimbursement programs, public-private partnerships, and high expenditure on healthcare are driving the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain inflammatory bowel disease treatment market , including forecasts for subscribers. This country databook contains high-level insights into Spain inflammatory bowel disease treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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