Singapore Inflammatory Bowel Disease Treatment Market Size & Outlook

The inflammatory bowel disease treatment market in Singapore is expected to reach a projected revenue of US$ 183.1 million by 2030. A compound annual growth rate of 6.2% is expected of Singapore inflammatory bowel disease treatment market from 2024 to 2030.

Revenue, 2023 (US$M)
$120.0
Forecast, 2030 (US$M)
$183.1
CAGR, 2024 - 2030
6.2%
Report Coverage
Singapore

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

Singapore

Related Markets

Singapore inflammatory bowel disease treatment market highlights

  • The Singapore inflammatory bowel disease treatment market generated a revenue of USD 120.0 million in 2023 and is expected to reach USD 183.1 million by 2030.
  • The Singapore market is expected to grow at a CAGR of 6.2% 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.


Inflammatory bowel disease treatment market data book summary

Market revenue in 2023USD 120.0 million
Market revenue in 2030USD 183.1 million
Growth rate6.2% (CAGR from 2023 to 2030)
Largest segmentCrohn's disease
Fastest growing segmentUlcerative Colitis
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Singapore accounted for 0.6% of the global inflammatory bowel disease treatment market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan inflammatory bowel disease treatment market is projected to lead the regional market in terms of revenue in 2030.
  • Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 468.0 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

Singapore 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 58.08% in 2023. Horizon Databook has segmented the Singapore inflammatory bowel disease treatment market based on crohn's disease, ulcerative colitis covering the revenue growth of each sub-segment from 2018 to 2030.


Approval of new drugs to gain market share is a key strategy adopted by the companies in Singapore. For instance, in June 2022, Yuflyma was launched by Cellario for the treatment of severe to moderate Crohn’s disease and ulcerative colitis in adult patients. However, the therapy is approved for usage in patients that do not respond to conventional treatments.

This limits the growth scope for these novel drugs. ABRILADA by Pfizer was approved in August 2022 for use in Crohn’s disease in pediatric patients. However, increasing R&D activities by local players for the development of biosimilars are expected to fuel the market.

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

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Singapore inflammatory bowel disease treatment market size, by type, 2018-2030 (US$M)

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

Singapore inflammatory bowel disease treatment market size, by type, 2018-2030 (US$M)

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