North America Inflammatory Bowel Disease Treatment Market Size & Outlook

The inflammatory bowel disease treatment market in North America is expected to reach a projected revenue of US$ 14,933.7 million by 2030. A compound annual growth rate of 3.2% is expected of North America inflammatory bowel disease treatment market from 2024 to 2030.

Revenue, 2023 (US$M)
$11,942.4
Forecast, 2030 (US$M)
$14,933.7
CAGR, 2024 - 2030
3.2%
Report Coverage
North America

North America inflammatory bowel disease treatment market, 2018-2030 (US$M)

North

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North America inflammatory bowel disease treatment market highlights

  • The North America inflammatory bowel disease treatment market generated a revenue of USD 11,942.4 million in 2023.
  • The market is expected to grow at a CAGR of 3.2% from 2024 to 2030.
  • In terms of segment, crohn's disease was the largest revenue generating type in 2023.
  • Ulcerative Colitis is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 11,942.4 million
Market revenue in 2030USD 14,933.7 million
Growth rate3.2% (CAGR from 2023 to 2030)
Largest segmentCrohn's disease
Fastest growing segmentUlcerative Colitis
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCrohn's Disease, Ulcerative Colitis
Key market players worldwideAbbVie 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


Other key industry trends

  • In terms of revenue, North America region accounted for 57.6% of the global inflammatory bowel disease treatment market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 5,284.5 million by 2030.

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Inflammatory Bowel Disease Treatment Market Scope

Inflammatory bowel disease treatment market segmentation & scope
Crohn's Disease
Ulcerative Colitis
Aminosalicylates
Corticosteroids
TNF Inhibitors
IL Inhibitors
Anti-integrin
JAK Inhibitors
Other Drug Class
Oral
Injectable
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

Inflammatory Bowel Disease Treatment Market Companies

Name Profile # Employees HQ Website

North America inflammatory bowel disease treatment market outlook

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 62.2% in 2023. Horizon Databook has segmented the North America inflammatory bowel disease treatment market based on crohn's disease, ulcerative colitis covering the revenue growth of each sub-segment from 2018 to 2030.


North America dominated the market in 2022 due to presence of key players in the market, initiatives undertaken by regulatory bodies for funding R&D, increased awareness about the disease, and emerging use of novel treatments & biosimilars.

This can significantly improve availability of therapeutics. Furthermore, increase in manufacturing capacities to expand supply of new drugs is expected to fuel market growth. For instance, in June 2020, Takeda Pharmaceutical Company Ltd. received FDA approval to manufacture Entyvio (vedolizumab) in its manufacturing facility at Brooklyn Park, Minnesota.

Presence of a robust pipeline of drugs and increase in the number of clinical trials of drug candidates in the region are among the major factors expected to boost market growth in North America. Moreover, increase in prevalence of IBD in the region is anticipated to boost market growth.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America inflammatory bowel disease treatment market , including forecasts for subscribers. This continent databook contains high-level insights into North America inflammatory bowel disease treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America inflammatory bowel disease treatment market size, by country, 2018-2030 (US$M)

North America Inflammatory Bowel Disease Treatment Market Outlook Share, 2023 & 2030 (US$M)

North America inflammatory bowel disease treatment market size, by country, 2018-2030 (US$M)

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