Sweden Inflammatory Bowel Disease Treatment Market Size & Outlook
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Sweden inflammatory bowel disease treatment market highlights
- The Sweden inflammatory bowel disease treatment market generated a revenue of USD 74.2 million in 2023 and is expected to reach USD 107.5 million by 2030.
- The Sweden market is expected to grow at a CAGR of 5.1% 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 2023 | USD 74.2 million |
| Market revenue in 2030 | USD 107.5 million |
| Growth rate | 5.1% (CAGR from 2024 to 2030) |
| Largest segment | Crohn's disease |
| Fastest growing segment | Ulcerative Colitis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Crohn's Disease, Ulcerative Colitis |
| Key market players worldwide | AbbVie 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, Sweden accounted for 0.4% 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 Europe, Germany inflammatory bowel disease treatment market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 65.0 million by 2030.
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Inflammatory Bowel Disease Treatment Market Scope
Inflammatory Bowel Disease Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Celltrion Healthcare | View profile | 51-100 | Incheon, Inch'on-jikhalsi, South Korea, Asia | http://www.celltrionhealthcare.com/ |
| Takeda Pharmaceutical Co Ltd | View profile | 49095 | 1-1, Nihonbashi-Honcho 2-Chome, Chuo-ku, Tokyo, Japan, 103-8668 | https://www.takeda.com |
| Biogen Inc | View profile | 7570 | 225 Binney Street, Cambridge, MA, United States, 02142 | https://www.biogen.com |
| Eli Lilly and Co | View profile | 43000 | Lilly Corporate Center, Indianapolis, IN, United States, 46285 | https://www.lilly.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| UCB SA | View profile | 9083 | Allee de la Recherche, 60, Brussels, Belgium, B-1070 | https://www.ucb.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Novartis AG ADR | View profile | 76057 | Lichtstrasse 35, Basel, Switzerland, 4056 | https://www.novartis.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Sweden 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 64.82% in 2023. Horizon Databook has segmented the Sweden inflammatory bowel disease treatment market based on crohn's disease, ulcerative colitis covering the revenue growth of each sub-segment from 2018 to 2030.
Continuous developments by companies operating in the market are contributing to market growth. For instance, in July 2022, AbbVie announced that the European Commission approved RINVOQ for the treatment of severe to moderate ulcerative colitis. The approval is based on phase III study results, and it is RINVOQ’s fifth therapeutic indication in the European Union.
Furthermore, in November 2021, Galapagos NV announced that the European Commission granted marketing authorization to nilotinib 200 mg tablets for the treatment of moderate to severe ulcerative colitis.
In addition, the growing demand for biosimilars in the country is facilitating its market growth. For instance, in October 2018, Amgen announced that AMGEVITA, a biosimilar approved by European Commission, has been authorized for the management of inflammatory diseases, including psoriatic arthritis and moderate-tosevere Crohn's disease & ulcerative colitis.
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Target buyers of Sweden inflammatory bowel disease treatment market databook
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Our clientele includes a mix of inflammatory bowel disease treatment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Sweden inflammatory bowel disease treatment market , including forecasts for subscribers. This country databook contains high-level insights into Sweden inflammatory bowel disease treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden inflammatory bowel disease treatment market size, by type, 2018-2030 (US$M)
Sweden Inflammatory Bowel Disease Treatment Market Outlook Share, 2023 & 2030 (US$M)
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