The most common inflammatory bowel diseases are ulcerative colitis and Crohns disease. The inflammatory bowel disease drugs are used for the treatment of autoimmune diseases such as Crohns disease, indeterminate colitis, and ulcerative colitis.

The growth in prevalence of inflammatory bowel diseases such as ulcerative colitis and Crohn's disease majorly drives the growth of the market. In addition, increase in intake of unhealthy food and drinks, and sedentary and stressful lifestyle propels the growth of the market. The increase in healthcare expenditure by government and private organizations is anticipated to increase the market growth.

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However, high cost of drugs, adverse effects such as mild stomach pain, cramps, nausea, or loss of appetite, and stringent government regulations associated with the safety and efficacy of the drug hinders the market growth. Ongoing, R&D on inflammatory bowel disease drugs is anticipated to create new opportunities during the forecast period.

The market is segmented on the basis of disease, drugs, and geography. Based on application, the market is divided into ulcerative colitis, Crohns disease, and indeterminate colitis. Based on drugs, the market is classified into amino-salicylates, antibiotics, corticosteroids, immunomodulators, biologics, and others. Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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