Global Interstitial Cystitis Drugs Market- Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global interstitial cystitis drugs market over the forecast period. North America is estimated to hold 33.5% of the market share in 2023. The global interstitial cystitis drugs market is expected to witness significant growth in the coming years, owing to the rising number of clinical trials by market players for the treatment of patients suffering from interstitial cystitis. For instance, on October 3, 2023, Ironwood Pharmaceuticals, Inc., a biotechnology company, announced the initiation of clinical trial to study the safety and efficacy of IW-3300 for the treatment of interstitial cystitis/bladder pain syndrome (IC/BPS), which is currently in phase 2 of the clinical trial and actively recruiting patients.
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