Ryder Dean18 Feb, 2023Business
During the forecast period, the Inflammatory Bowel Disease Treatment Market is expected to grow at a CAGR of 5%. Over the next few years, the market is likely to increase because ulcerative disease and Crohn's disease are becoming more common around the world. In the coming years, the market is expected to grow because more people are using biologics to treat and because there are strong pipeline drugs like risankizumab, upadacitinib, tofacitinib, ustekinumab, and others. The COVID-19 pandemic didn't have much effect on the market in 2020. However, many countries have seen a drop in the number of people being diagnosed with inflammatory bowel disease because of the complete lockdown.
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