Gastrointestinal Drugs Market


OmkarPresentation

Uploaded on Jul 22, 2021

Gastrointestinal (GI) disorders are the medical conditions related to the digestive system that affect the colon, small and large intestine, and rectum. The disorders include constipation, irritable bowel, ulcerative colitis, and peptic ulcer diseases. These disorders are characterized by various symptoms, such as pain, bloating, diarrhea, nausea, and vomiting. These disorders constitute a large proportion of outpatients and frequent hospital visits globally. A wide range of GI drugs is commercially available in the market for the treatment of various conditions. Additionally, rise in investments in the development of biologics and emergence of biosimilars are expected to drive the growth of the market in the forecast period.

Comments

                     

Gastrointestinal Drugs Market

Gastrointestinal Drugs Market   Gastrointestinal Drugs Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Drug Class (Acid Neutralizers, Antidiarrheal and Laxatives, Anti-Inflammatory Drugs, Antiemetic and Antinauseants, Biologics, Others); Route of Administration (Oral, Parenteral); Application (Inflammatory Ulcerative Colitis, Crohn's Disease, Irritable Bowel Syndrome, Gastroenteritis, Celiac Disease, Others); Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and Geography Hemophilia Treatment Market  Current and future Market Scenario  According to our new market research study on “Gastrointestinal Drugs Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Drug Class, Route of Administration, Application, and Distribution Channel,” the market is expected to reach US$ 71,300.28 million in 2027 from US$ 49,043.38 million in 2019.   The market is estimated to grow at a CAGR of 4.9% from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.  Based on drug class, the market is segmented in to acid neutralizers, antidiarrheal and laxatives, anti- inflammatory drugs, antiemetic and antinauseants, biologics, and others..   In 2019, the acid neutralizers segment held the largest share of the market. The biologics segment is expected to grow at the fastest CAGR during the forecast period. The advent of biologics has had a significant impact on the management of inflammatory bowel disease (IBD).   Treatment with biologics has led to an improved quality of life for patients living with Crohn's disease and ulcerative colitis, with fewer admissions to the hospital and less side effects from corticosteroids.  Key Findings  These are the most recently developed treatments for IBD. Biologic therapies are indicated for people with moderately to severely active disease who have not responded well to conventional therapy. Four of these agents (adalimumab, certolizumab pegol, golimumab and infliximab) target an inflammatory protein called tumor necrosis factor (TNF). Natalizumab and vedolizumab work by blocking certain types of white blood cells from getting into inflamed tissues.  Market Insights Rise in Prevalence of Gastrointestinal (GI) Diseases Gastrointestinal diseases are the conditions that occur in the gastrointestinal tract. Common digestive problems include heartburn, inflammatory bowel diseases (IBD), inflammatory bowel syndrome (IBS), constipation, and diarrhea. GI diseases account for substantial health care utilization and spending. According to the European Federation of Crohn's & Ulcerative Colitis Associations (EFCCA), around 10 million people are living with IBD worldwide. Growing prevalence of IBD can be ascribed to poor nutritional choices, including a high intake of ultra-processed foods and trans-fats.   Hemophilia Treatment Market    Market Segments By Drug Class Acid Neutralizers Antidiarrheal and Laxatives By Route of By Application Anti-Inflammatory Drugs Administration                        Inflammatory Ulcerative Colitis Antiemetic and Antinauseants     Crohn's Disease Biologics Oral Irritable Bowel Syndrome Others Parenteral Gastroenteritis Celiac Disease Others Hemophilia Treatment Market  Dominating Segments    Drug Class-BasedInsights                                       Based on drug class, the gastrointestinal drugs market is segmented into acid neutralizers, antidiarrheal and laxatives, anti-inflammatory drugs, antiemetic and antinauseants, biologics, and others. In 2019, the acid neutralizerssegment accounted for the highest share of the market. Growth of this segment is attributed to increasing incidence of GERD and rising patient pool across the globe. However, the biologicssegment likely to register the highest CAGR in the global gastrointestinal drugsmarket during the forecast period.  Route of Administration-Based Insights In terms ofroute of administration, the gastrointestinal drugsmarket is segmented into oral and parenteral. The oral segment held the largest share of the market in 2019, whereas the same segment is estimated to register the highest CAGR of 5.2% in the market during the forecast period. Dominating Segments  Application-BasedInsights Based on application, the gastrointestinal drugsmarket is segmented into inflammatory ulcerative colitis, Crohn's disease, irritable bowel syndrome, gastroenteritis, celiac disease, and others. The inflammatory ulcerative colitissegment held the largest share of the market in 2019, whereas the irritable bowel syndromesegment is projected to register the highest CAGR of 5.8% in the market during the forecast period.  Distribution Channel-Based Insights In terms ofdistribution channel, the gastrointestinal drugsmarket is segmented into retail pharmacies, hospital pharmacies, and online pharmacies. The retail pharmaciessegment held the largest share of the market in 2019, and same segment is expected to register the highest CAGR of 5.4% in the market during the forecast period.      Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00014758/ Dominating Segments  The report segments global gastrointestinal drugs market as follows:    By Drug Class  Acid Neutralizers  Antidiarrheal and Laxatives  Anti-Inflammatory Drugs  Antiemetic and Antinauseants  Biologics  Others  By Route of Administration  Oral  Parenteral Dominating Segments  By Application  Inflammatory Ulcerative Colitis  Crohn's Disease  Irritable Bowel Syndrome  Gastroenteritis  Celiac Disease  Others  By Distribution Channel  Hospital Pharmacies  Retail Pharmacies  Online Pharmacies Hemophilia Treatment Market   Leading Players  Company Profiles  Sanofi  GlaxoSmithKline plc  Johnson and Johnson Services, Inc.  Bausch Health  AstraZeneca  Takeda Pharmaceutical Company Limited  AbbVie Inc.  Bayer AG  Celltrion Healthcare Co., Ltd.  LEXICON PHARMACEUTICALS, INC REGIONAL FRAMEWORK REGIONAL FRAMEWORK Hemophilia Treatment Market     Hemophilia Treatment Market      Access Full Research Report at: https://www.theinsightpartners.com/reports/gastrointestinal-drugs-market/ Thank You!  Thank You!