20th Oct 2020 - Global Gastrointestinal Therapeutics Market is anticipated to reach USD 65.1 billion by 2025. The market is anticipated to rise at a healthy growth rate in the years to come. Gastrointestinal disorders are medical situations associated with the digestive system that disturb the small & large intestine, colon, and rectum. The syndromes mostly comprise peptic ulcer diseases, irritable bowel syndrome and constipation, categorized by several symptoms and signs such as bloating, pain, diarrhea, vomiting, and nausea. Gastrointestinal therapeutics comprises medications, which are commercially accessible in the market namely Afinitor, Aciphex, Akynzeo, Prilosec and Dificid.
In addition, the factors that propel the growth of market comprise the growing healthcare spending, increasing geriatric population, rising prevalence of gastrointestinal disease due to additional numbers of clinical trials, unhealthy dietary habits. On the other hand, the high competition among several key players to lead the market may ultimately rule the price attrition, and hamper the growth of market. However, these Gastro intestinal therapeutics have side effects, such as they have a low diagnosis rates, and stern rules for the approval of drugs. These factors will limit the growth of market in the years to come. The market is anticipated to grow at a significant CAGR of 6.6% in the upcoming period as the scope, product types and its applications are increasing across the globe.
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Gastrointestinal Therapeutics industry may be explored by type, Route Administration, applications, Distribution Channel and geography. The market may be explored by type as Branded, (Antacids, Enzyme Replacement Therapies, Amino salicylates, Proton Pump Inhibitors, H2 Antagonists, Laxatives, Antiemetics, Biologics, Antidiarrheals, others), Generics. Branded gastrointestinal drugs dominated the market in 2016. However, it is anticipated to observe a decline in CAGR during the upcoming period due to saturation of generic medicines in the market.
Gastrointestinal Therapeutics Market may be explored by Route Administration as Intravenous, Oral, and Others. “Intravenous” segment dominated the route administration in the industry in 2016. Gastrointestinal Therapeutics industry may be explored by applications as GERD, Ulcerative Colitis, Crohn’s Disease, and others. “Others” segment dominated the market in 2016. This “others” segment may comprise chronic idiopathic constipation, irritable bowel syndrome opioid-induced constipation, diarrhea, nausea, recurrent gastrointestinal infections, gastrointestinal stromal tumor, and pancreatic insufficiency.
Gastrointestinal Therapeutics Market may be explored by Distribution Channel as Online Pharmacies, Hospital Pharmacies, and Retail Pharmacies. The Online pharmacies segment dominated the Gastrointestinal Therapeutics industry in 2017. Moreover, increasing occurrence of chronic diseases. In addition, growing incidence of chronic diseases has caused in an extensive gap in the source of and demand for main drugs. The factors are anticipated to present remunerative development projections for online pharmacies throughout the upcoming period.
Some of the key players that fuel the growth of the gastrointestinal therapeutics industry include Johnson & Johnson, Abbott Laboratories, AbbVie Inc., Salix Pharmaceuticals, Pfizer Inc, AstraZeneca, Takeda Pharmaceutical Company Limited, Astellas Pharma US, Inc., ALLERGAN, and GlaxoSmithKline Plc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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Gastrointestinal Therapeutics Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
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11 February 2020 - The global Scar Treatment Market size was worth USD 13.8 billion in 2015 which is anticipated to grow at a CAGR of more than 9.7% during the forecast period.
Scar treatment helps enhance the esthetic appeal of an individual through skin rejuvenating.
Road accidents also increase the need for cosmetic surgical treatments, which in turn leads to high demand for laser instruments.
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Laser-based cosmetic surgeries are also increasingly preferred by the patients who are experiencing stretch marks, acne and keloid.
Fact.MR’s Report on Global Renovascular Hypertension Treatment MarketIn a recent business intelligence study, Fact.MR presents the nitty-gritty of the global renovascular hypertension treatment market considering 2018–2028 as the stipulated timeframe.
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Prominent players covered in this research are Abbott Laboratories; Pfizer Inc.; Novartis AG; Merck & Company, Inc.; AstraZeneca plc.
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The scope of the global Antacids Market was appreciated at US$ 5.83 billion in 2017.
The range is projected to touch US$ 7.91 billion by 2025, growing at a CAGR of 3.9% for the duration of the forecast.
Download Free Sample Report @ https://www.millioninsights.com/industry-reports/antacids-market/request-sample Besides, growth in e-Commerce is expected to drive demand for antacids via online retailing channels in the subsequent years.
“Gut” journal states that young children displayed obesity symptoms on intake of antacids.
Even during pregnancy antacids should be avoided as chances of pre-mature birth can’t be ruled out.
By drug class, the segmentation spans proton pump inhibitors, H2 antagonist (interventional/surgical simulators), and acid neutralizers.
The scope of the global Antacids Market was appreciated at US$ 5.83 billion in 2017.
The range is projected to touch US$ 7.91 billion by 2025, growing at a CAGR of 3.9% for the duration of the forecast.
Plus, these patients do suffer from disorders like erosive esophagitis, esophageal cancer, and Barrett esophagus.
Besides, growth in e-Commerce is expected to drive demand for antacids via online retailing channels in the subsequent years.
At the same time, restraints do exist in the form of intake by young children.
“Gut” journal states that young children displayed obesity symptoms on intake of antacids.
KD Market Insights has recently added a global study named Home Diagnostics market to its vast catalogue, which can be used to gain valuable insights into companies.
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The new Influenza Home Testing Market report offers a comprehensive study of the current scenario of the market including major market dynamics.
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The rise in the geriatric population with heart and lung disease and immunocompromised patients such as cancer patients or those with HIV infection and transplant patients leads to high market demand as they are prone to influenza.
With the increasing demand in the field of diagnosis, the major players and different countries made advances in their research and technology for making the process easy, painless, and rapid, which is positively impacting the high market growth.
