Crohn’s Disease Therapeutics Market, valued at USD 7.47 billion in 2023, is set to grow at a CAGR of 5.9% from 2024 to 2030, reaching approximately USD 11.16 billion. This growth is driven by the rising prevalence of Crohn's disease, advancements in biosimilars, and increased access to affordable biologics. Enhanced R&D efforts in developing innovative treatments, including biological agents and stem cell therapies, further bolster market expansion. North America dominates the market due to its advanced healthcare infrastructure, high disease prevalence, and ongoing development of novel therapies.

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What is the expected growth of Crohn’s Disease Therapeutics Sector?

Crohn’s Disease Therapeutics Market is projected to expand from USD 7.47 billion in 2023 to nearly USD 11.16 billion by 2030, growing at a steady compound annual growth rate (CAGR) of 5.9%. This growth is attributed to increased disease prevalence, advancements in therapeutic options, and greater accessibility to biosimilars and innovative treatments worldwide.

Major Highlights of the Crohn’s Disease Therapeutics Sector?

Key highlights of the Crohn’s Disease Therapeutics Market include the dominance of non-surgical treatment methods, particularly anti-inflammatory and immune system suppressors, which accounted for a significant market share in 2023. The market is also propelled by R&D efforts to develop biosimilars, innovative biological agents, and stem cell therapies. North America leads the market due to a high prevalence of Crohn's disease, robust healthcare infrastructure, and progressive treatment options. Strategic partnerships and acquisitions among key players further strengthen the competitive landscape, fostering market growth.

Crohn’s Disease Therapeutics Sector Regional Analysis

North America, which includes the United States, Canada, and Mexico, holds a large share of the worldwide sodium acetate market. This dominance is supported by well-developed infrastructure, cutting-edge technology, and a robust economic foundation that fuels both industrial and commercial activity.

Europe, which includes major players such as the United Kingdom, France, Germany, Italy, Spain, Sweden, and Austria, continues to be a significant market contributor. The region benefits from a solid industrial structure, high regulatory standards, and a strong emphasis on sustainable practices, all of which improve market performance.

Asia-Pacific (APAC): The APAC area, which includes China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, and Pakistan, is a key market for sodium acetate. Its competitive advantage stems from significant industrial growth, technical improvements, and a growing middle class fueling consumer demand.

South America: Led by Brazil and Argentina, with contributions from other regional countries, South America leverages its enormous natural resources, robust industrial sector, and extensive agricultural base to drive the sodium acetate industry forward.

Middle East and Africa (MEA): The MEA region, which includes South Africa, the Gulf Cooperation Council (GCC) countries, Egypt, and Nigeria, uses its abundant energy resources, ongoing infrastructure projects, and the emergence of diverse economic sectors to establish a presence in the global market.

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Crohn’s Disease Therapeutics Sector Key Players

1. AbbVie Inc.
2. Allergan, Inc.
3. Bayer AG
4. Bristol-Myers Squibb
5. Boehringer Ingelheim GmbH
6. F. Hoffmann-La Roche
7. Eli Lilly and Co.
8. GlaxoSmithKline plc
9. Janssen Biotech, Inc.
10.Johnson & Johnson
11.Novartis International AG
12.Pfizer Inc.
13.Sanofi
14.Takeda Pharmaceutical Company Limited
15.Salix Pharmaceuticals

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Crohn’s Disease Therapeutics Sector Segmentation

by Therapeutic Type

Surgical
Non-Surgical

by Distribution Channel

Hospital Pharmacies
Retail Pharmacies
eCommerce

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