1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

PharmaPoint: Ulcerative Colitis - Global Drug Forecast and Market Analysis to 2022

Global Ulcerative Colitis Market: Simponi and Entyvio Launches to Boost Growth by 2022, says GlobalData

 
PRLog - Feb. 18, 2014 - LONDON, U.K. -- The global ulcerative colitis (UC) market value will increase steadily over the coming years, growing from almost $4.2 billion in 2012 to approximately $6.6 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 4.7%, according to a new report from research and consulting firm GlobalData.

The company’s latest report* states that out of the 10 major countries (the US, Canada, France, Germany, Italy, Spain, the UK, Japan, China and India), the US will continue to hold the largest UC market share by 2020, with 52%. France and Germany will follow with shares of 11% and 8%, respectively.

Johnson & Johnson (J&J) has been continually dominating the UC market due to the success of Remicade. However, Remicade’s patent is set to expire between 2015 and 2018, which will knock J&J’s sales down from approximately $2 billion in 2012 to $1.5 billion by 2022, according to GlobalData.

Another key player in the UC industry, AbbVie’s Humira, will also lose its patent during the forecast period, with sales slipping from $1.2 billion in 2012 to $569 million by 2022.

However, the UC market will receive a major boost with the entry of J&J’s Simponi and Takeda’s Entyvio, with sales expected to reach an estimated $576 million and $1.3 billion by 2022, respectively.

Eirini Vavatsikou, Ph.D., GlobalData's Analyst covering Immunology, says: “Simponi shows better efficacy in UC than Humira and will therefore allow J&J to retain its positive standing in the UC industry for a longer period of time. On the other hand, Entyvio will have a slow start before gradually reaching blockbuster status, as a result of its remarkably safe profile for a biologic drug.”

Still, a number of barriers will limit any further growth in the UC market, including the lack of curative therapy, diagnostic markers for disease severity, and biologic treatment personalization.

For Sample Pages, please click or add the below link to your browser:

http://store.globaldata.com/market-reports/pharmaceutical...

Vavatsikou concludes: “There is also a major need for preventive medicine that lowers the associated risk of colorectal cancer, as well as demand for steroid replacement, oral formulations and the management of infectious adverse events.”

This report provides an overview of ulcerative colitis (UC), including epidemiology, etiology, pathophysiology, symptoms, diagnosis, and current treatment options. It shows annualized UC therapeutics market revenue, annual cost of therapy and treatment usage pattern data from 2012 to 2022. This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts.

ABOUT GLOBALDATA

GlobalData is the premier source of actionable insight into the energy and healthcare industries. With the combined expertise of more than 1,000 researchers, market analysts and consultants, we provide high-quality, accurate and transparent industry insight that helps our clients to achieve growth and increase business value.

For further details, please click or add the below link to your browser:

http://store.globaldata.com/market-reports/Pharmaceutical...

Visit our report store: http://www.globaldata.com/reportstore

For more details contact:pressreleases@globaldata.com


North America:          +1 646 395 5477

Europe:          +44 207 753 4299

         +44 1204 543 533

Asia Pacific:          +91 40 6616 6782

Media Contact
GlobalData
+914066166782
***@globaldata.com

--- End ---

Click to Share

Contact Email:
***@globaldata.com
Source:GlobalData
City/Town:London - London - United Kingdom
Industry:Health
Tags:PharmaPoint, ulcerative colitis, Health
Shortcut:prlog.org/12284005
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share