Global Ulcerative Colitis Market 2017 to 2022 – Market Share , Growth , Statistics , Competitor Landscape , Key Players Analysis , Trends and Forecasts
Market Highlights
Global Ulcerative Colitis Market has been evaluated as growing market and expected that the market will reach high growth figures in the coming future . Ulcerative colitis is a type of inflammatory bowel disease ( IBD ) that usually affects the lower section of body such as sigmoid colon and the rectum . Belly pain or cramps , diarrhea and bleeding from the rectum are some of the common symptoms of the diseases . According to CDC , the worldwide incidence of ulcerative colitis is between 0.5 to 24.5 cases per 100,000 persons per year . The reappearance of the disease ’ s symptoms is also high . According to Colitis Foundation of America , about 30 % of the people on remission are expected to suffer from the disease flare-up in the future following the treatment and remission .
Major factors leading to the growth of the market includes increasing prevalence of ulcerative colitis , higher preference for symptomatic therapeutic , better treatment of inflammatory bowel diseases , arrival of enhanced drugs and healthier investments in R & D programs . Increasing patient pool with unmet needs , new drugs entering the market , increasing global incidence & prevalence rate , and increasing investments towards research in small molecules are some of the other factors leading the market growth . Blockbuster drugs losing patent protection and growing the propensity for generic drugs are turning out to be restraints for the market . The lack of curative therapy and personalized therapy and medication are big opportunities for the market .
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