“Rising prevalence of gastrointestinal disorders will significantly increase the demand for irritable bowel syndrome with constipation drugs market”
The global irritable bowel syndrome with constipation drugs market is rising at a significant pace, projected to rise at a CAGR of 6.1% during the estimated period from 2023 to 2030.
Irritable bowel syndrome (IBS) is defined as persistent abdominal discomfort and pain occurring with changed bowel habits. This condition is classified into three types centered upon the prevalent bowel habits; IBS with diarrhea (IBS-D), IBS with constipation (IBS-C), and IBS with mixed presentations (IBS-M). It is among the most common gastrointestinal disorders with a worldwide prevalence of approximately 11%. As of 2021, more than 30 million individuals older than age 19 suffered from IBS across key national markets namely the U.S., U.K. France, Italy, Germany, Japan, and Spain. The IBS market is observed to be underpenetrated and hence is deemed attractive for pharmaceutical manufacturers in the GI drugs market. The majority of IBS patients are women and one-third IBS patients experience constipation as a primary syndrome. Awareness about the attractiveness of the market potential and a growing understanding of disease pathophysiology render growth potential and further evolution of the IBS-C drugs market.
This report on global irritable bowel syndrome with constipation (IBS-C) drugs evaluates the current market scenario and predicts future market trends for the commercialized and pipeline drugs for IBS-C treatment for the period from 2020 to 2030. IBS is among the most commonly prevalent gastrointestinal diseases for which the exact cause is not determined. However, the recent developments in research on this issue have led to the introduction of several novel disease treatment and management solutions.
In addition, lockdown restrictions and the need to maintain social distancing due to the ongoing COVID-19 pandemic have resulted in more people staying at home. Hence, lack of exercise and consumption of spicy food has resulted in the development of irritable bowel syndrome across all age groups. In addition, irrational intake of medication has also been linked to causing a change in the gut microflora causing underlying factors for the occurrence of IBS, thereby the irritable bowel syndrome with constipation drugs market is expected to witness significant growth during the forecast period from 2023 to 2030.
“Sedentary lifestyle and irrational intake of medication has led to the occurrence of IBS across all age group in the North America region”
In 2021, North America dominated the regional irritable bowel syndrome with constipation drugs market, due to increased intake of irrational medications and lack of exercise, thereby causing irritable bowel syndrome associated with constipation. Existence of a well-developed healthcare infrastructure and the presence of major market players such as Abbott Laboratories, Inc., Ardelyx. Inc., Astellas Pharma Inc., AstraZeneca Plc., Bayer AG, Fresenius Kabi AG., and others further accentuate the market growth in the region.
“Increasing consumption of spicy food will spur the market in the Asia Pacific region”
The Asia Pacific region is expected to be the fastest-growing region during the forecast period owing to the increasing consumption of spicy food, drastically altering the bowel peristaltic activity and increasing public health awareness regarding gastrointestinal disorders and its effective management will drive the market growth in Asia Pacific region.
This report is a comprehensive research study of the global irritable bowel syndrome with constipation drugs market that elaborates the major trends in the market based on quantitative and qualitative research. This report provides a detailed description of global irritable bowel syndrome with constipation drugs market segmenting market by drug types, prescription type, and geography. This report aids the market stakeholders to make improved decisions and strategies in the irritable bowel syndrome with constipation drugs market.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Irritable Bowel Syndrome with Constipation Drugs market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
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Prescription type
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report