Interstitial cystitis refers to a chronic condition characterized by recurring pain or discomfort in the bladder and surrounding pelvic region. The exact cause of interstitial cystitis is unknown but is often linked to urinary tract infections and autoimmune disorders. Some common symptoms include frequent urination, painful urination, and pelvic pain. Currently, there are no FDA-approved drugs that can cure interstitial cystitis. However, several drugs are prescribed to relieve symptoms such as pain relief medication, dietary changes, oral medication, and instillation therapies.
Key Takeaways
Key players operating in the interstitial cystitis drugs market include AbbVie Inc., Hyloris Pharmaceuticals SA, TAGCyx Biotechnologies, KYORIN Pharmaceutical Co., Ltd., PureTech Health, Vaneltix, Red Leaf Medical Inc., Bayer AG, Eli Lilly and Co, Johnson Johnson (Janssen Pharmaceuticals), Mylan NV (Viatris Inc.), and Perrigo Co. Plc.
The Interstitial Cystitis Drugs Market Demand is expected to witness significant opportunities due to the rising research activities for new drug development and increasing for non-oral alternative treatment options such as intravesical therapies. Major players are focused on acquisitions and collaborations to strengthen their product pipelines.
The increasing global prevalence of interstitial cystitis is further expected to drive the global expansion of the interstitial cystitis drugs market during the forecast period. With growing awareness and improving healthcare infrastructure across emerging countries, the demand for effective drugs and alternative treatment options is also estimated to rise substantially over the coming years.
Market drivers
The rising prevalence of interstitial cystitis is one of the major drivers of the market growth. According to recent estimates, interstitial cystitis prevalence ranges between 0.03 to 7.9% across various countries worldwide. Furthermore, the condition is more common in women as compared to men with a prevalence ratio of up to 15:1. Therefore, the increasing cases of interstitial cystitis will correspondingly drive the demand for effective therapeutic agents in the market.
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