The Constipation Treatment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Constipation Treatment Global Market Report 2024, The constipation treatment market size has grown strongly in recent years. It will grow from $10.95 billion in 2023 to $11.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to rising prevalence of digestive disorders, demographic changes, lifestyle factors, limited treatment options, increasing awareness of health issues.
The constipation treatment market size is expected to see strong growth in the next few years. It will grow to $15.09 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising healthcare expenditure, increased focus on preventive healthcare, focus on pediatric constipation, growing demand for personalized healthcare solutions, rise of telemedicine, expansion of e-commerce, focus on functional foods and probiotics. Major trends in the forecast period include technological advancements in healthcare, artificial intelligence and machine learning in healthcare, focus on sustainability and eco-friendly products, collaboration between healthcare providers and technology companies, increased investment in r&d by pharmaceutical companies.
Growing consumption of fast food is expected to propel the growth of the constipation treatment market going forward. Fast food refers to hot food that a customer cooks or orders from a specific sort of restaurant and is provided shortly. Fast foods are low in fiber and high in fat and salt, so they can lead to constipation. For instance, in August 2023, according to a report published by Budget Branders, a US-based provider of paper and plastic products, the fast food business is projected to have a global market worth 931. 7 billion dollars by 2027. Additionally, there are over 200,000 distinct fast-food outlets in the US. American consumers spend 200 billion dollars on fast food annually. Therefore, the growing consumption of fast food is driving the growth of the constipation treatment market.
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The constipation treatment market covered in this report is segmented –
1) By Therapeutic Types: Laxatives, Chloride Channel Activators, Peripherally Acting Mu-Opioid Receptor Antagonists, GC-C (Guanylate Cyclase-C) Agonists, Other Therapeutics
2) By Disease Type: Chronic Idiopathic Constipation (CIC), Irritable Bowel Syndrome With Constipation (IBS-C), Opioid-Induced Constipation (OIC)
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Product innovation is a key trend gaining popularity in the constipation treatment market. Companies operating in the constipation treatment market are working on new product innovations to sustain their position in the market. For instance, in April 2022, Ardelyx, a US-based biopharmaceutical company, launched IBSRELA, a first-in-class treatment for irritable bowel syndrome with constipation (IBS-C) in adults. IBSRELA is the first innovative mechanism therapy for irritable bowel syndrome with constipation (IBS-C) to be developed in more than ten years, and it provides a significant new treatment option for constipation, bloating, and stomach pain that are symptoms of this crippling disorder.
The constipation treatment market report table of contents includes:
1. Executive Summary
2. Constipation Treatment Market Characteristics
3. Constipation Treatment Market Trends And Strategies
4. Constipation Treatment market analysis
5.Constipation Treatment Market Size And Growth
6.Constipation Treatment Segmentation
7.Constipation Treatment Regional And Country Analysis
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27.Constipation Treatment Competitive Landscape And Company Profiles
28.Constipation Treatment Key Mergers And Acquisitions
29.Constipation Treatment Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Pfizer Inc.
- Johnson & Johnson
- AbbVie Inc.
- Bayer AG
- Novartis AG
- Merck & Co. Inc.
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