Digestive System Drugs Market to Signify Strong Growth by 2023-2029
Digestive system drugs market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2023-2029). Globally, the market for digestive system medications is anticipated to grow. Various practitioners and pharmaceutical firms have made significant investments, which will create growth prospects over the anticipated time as well as newly released medications can benefit people suffering from bowel syndrome, particularly those who are constipated. At the end of the anticipated time for the gastrointestinal medications market, high research and development in the pharmaceutical sector will create numerous growth chances. For instance, in August 2018 The European Union has given Pfizer Inc. clearance to market XELJANZ for the treatment of moderate to severe ulcerative colitis. Over the forecast period, the novel introduction of products from this strong pipeline is expected to boost the market growth. For instance, in March 2019 STELARA was found to be effective in individuals with moderate to severe ulcerative colitis, according to fresh clinical data from Johnson & Johnson's Phase III UNIFI research.
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·
The market number available for – 2022-2029
·
Base year- 2022
·
Forecast period- 2023-2029
Segment Covered-
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By Drug Type
·
By Dosage Form
·
By Application
Regions Covered-
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North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape- including Abbott Laboratories Pvt. Ltd.,
AstraZeneca Plc., Cipla Inc., Takeda Pharmaceuticals Co. Ltd., Valeant Pharmaceuticals
Inc., and others.
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Digestive System Drugs Market Segmentation
By Drug Type
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Antacids
·
Laxatives
·
Antidiarrheal
·
Antiemetics
By Dosage Form
·
Oral
·
Parenteral
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By Application
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Irritable Bowel Syndrome
·
Crohn’s Disease
·
Gastroenteritis
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Others (Ulcerative Colitis, Celiac Disease)
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
Company
Profiles
·
AbbVie Inc.
·
Allergan Plc.
·
Bausch Health Co. Inc.
·
Bayer AG
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Boehringer Ingelheim Gmbh
·
Celltrion Healthcare Co. Ltd.
·
GlaxoSmithKline Plc.
·
Janssen Biotech Inc.
·
Johnson and Johnson Inc.
·
Lexicon Pharmaceuticals, Inc.
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