The Sulfasalazine Market is Estimated To Witness High Growth Owing To Increasing Crohn's disease

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Sulfasalazine is used primarily in the treatment of ulcerative colitis and rheumatoid arthritis. It acts by blocking the enzyme which causes inflammation.

The Sulfasalazine Market is growing at a significant pace due to the rising incidences of inflammatory bowel disease and arthritis worldwide. Sulfasalazine has been commonly used in the treatment of arthritis and inflammatory bowel disease since 1950. It is used to treat both rheumatoid arthritis and ulcerative colitis. The availability of generic variants and therapeutic efficacy of sulfasalazine is driving the market growth.

Market Overview:

Sulfasalazine is an anti-inflammatory drug majorly used for the treatment of rheumatoid arthritis and ulcerative colitis. It works by blocking the inflammation causing chemicals in the body. Sulfasalazine comes in tablet form and is prescribed for oral administration along with corticosteroids and anti-TNF drugs for effective management of arthritis and bowel inflammation.

Market key trends:

The Sulfasalazine Market Size is witnessing high growth owing to rising incidences of inflammatory bowel disease. According to the Crohn's & Colitis Foundation, inflammatory bowel disease (IBD) affects over 3 million Americans. IBD encompasses chronic diseases including Crohn's disease and ulcerative colitis. Sulfasalazine acts as a first line of defense in the treatment of mild to moderate IBD cases. It works by reducing intestinal inflammation. Increasing awareness about early diagnosis and treatment of IBD is creating significant demand for sulfasalazine drugs. Additionally, introduction of new drug delivery formulations of sulfasalazine such as matrix controlled-release tablets are also supporting the market growth.

Porter’s Analysis

Threat of new entrants: Low capital requirements along with availability of generic drugs makes entry easy in the sulfasalazine market. However, the presence of stringent regulations poses a threat to new entrants.
Bargaining power of buyers: Large buyers have significant bargaining power due to availability of generic alternatives. This bargaining power reduces selling prices.
Bargaining power of suppliers: Few pharmaceutical suppliers or manufacturers of active pharmaceutical ingredients have a significant influence over prices due to supply constraints.
Threat of new substitutes: Newer targeted therapies have reduced the usage of sulfasalazine drugs for conditions like rheumatoid arthritis. However, substitutes have limitations which retain the scope for sulfasalazine.
Competitive rivalry: The sulfasalazine market witnesses intense competition due to presence of generic drugs.

SWOT Analysis

Strength: High efficacy and safety of sulfasalazine drugs for conditions like ulcerative colitis and rheumatoid arthritis. Growing aging population increases patient pool.
Weakness: Availability of costly newer biologics and targeted therapies. Possible side effects like gastrointestinal problems limit patient acceptance.
Opportunity: Rising healthcare spending in emerging markets boosts overall sales. Increasing disease burden of autoimmune and inflammatory disorders widens the consumer base.
Threats: Fierce competition from low-cost generic drugs. Stringent regulations and compliance requirements hike overall costs.

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