Overview and Scope
Interstitial cystitis drugs are medications used to relieve the symptoms of interstitial cystitis, a chronic inflammation of the bladder that causes people to urinate frequently and painfully. It is caused by bladder inflammation, dysfunction of the protective bladder lining, and potential contributions from genetics, autoimmune reactions, and environmental triggers.
Sizing and Forecast
The interstitial cystitis drugs market size has grown strongly in recent years. It will grow from $1.28 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increased disease awareness, improved diagnostic techniques, pharmaceutical industry investments, rising healthcare expenditure, collaborative research efforts, patient advocacy and support groups..
The interstitial cystitis drugs market size is expected to see strong growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to growing emphasis on rare diseases, expanding biopharmaceutical innovation, regulatory support for orphan drugs, increasing global disease burden, patient-centric healthcare approaches, continued collaborative research initiatives.. Major trends in the forecast period include advancements in diagnostic techniques, emergence of targeted therapies, patient-centric approaches, collaborative research initiatives, advances in surgical interventions, development of biomarkers..
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Segmentation & Regional Insights
The interstitial cystitis drugs market covered in this report is segmented –
1) By Drugs: Pentosan Polysulfate Sodium, Dimethyl Sulfoxide, Other Drugs
2) By Type: Oral Therapy, Intravesical Therapy
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
North America was the largest region in the interstitial cystitis drugs market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the interstitial cystitis drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising incidence of chronic diseases is expected to propel the growth of the interstitial cystitis drug market going forward. Chronic diseases refer to long-term health conditions that persist over an extended period, often for a person's lifetime. Cystitis drugs treat urinary tract infections by targeting and eliminating the bacteria responsible for the infection. The drugs eliminate the underlying infection in the urinary tract, alleviating symptoms such as painful urination, frequent urination, and urgency caused by various chronic diseases such as urinary tract infections (UTIs). For instance, in January 2023, according to the National Institute of Health, a US-based public health research agency, urinary tract infections were responsible for over 1 million visits to emergency departments in the US, making them the seventh most common reason for such visits. Of these cases, 22% (220,000) were considered complicated urinary tract infections (UTIs), and around 100,000 patients were admitted to hospitals annually. Therefore, the rising incidence of chronic diseases is driving the growth of the interstitial cystitis drug market.
Key Industry Players
Major companies operating in the interstitial cystitis drugs market report are Pfizer Inc., Johnson & Johnson , Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi SA, GlaxoSmithKline PLC, Eli Lilly and Company, Amgen Inc., Viatris Inc., Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Boehringer Ingelheim International GmbH , UCB S.A., Sun Pharmaceutical Industries Ltd., Perrigo Company PLC, Cipla Limited, Ferring B.V., Grunenthal Pharma, Kyorin Pharmaceutical Co. Ltd, Seikagaku Corporation, UroGen Pharma, Alivio Therapeutics, Imbrium Therapeutics, Urigen Pharmaceuticals, Lipella Pharmaceuticals, GlycoMira Therapeutics Inc.</b
The interstitial cystitis drugs market report table of contents includes:
1. Executive Summary
2. Interstitial Cystitis Drugs Market Characteristics
3. Interstitial Cystitis Drugs Market Trends And Strategies
4. Interstitial Cystitis Drugs Market - Macro Economic Scenario
5. Global Interstitial Cystitis Drugs Market Size and Growth
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32. Global Interstitial Cystitis Drugs Market Competitive Benchmarking
33. Global Interstitial Cystitis Drugs Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Interstitial Cystitis Drugs Market
35. Interstitial Cystitis Drugs Market Future Outlook and Potential Analysis
36. Appendix
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