Gastrointestinal Drugs Market Size, Growth, Trends and Research Analysis by TBRC

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The Business Research Company’s latest report Gastrointestinal Drugs Global Market Report 2020 covers Gastrointestinal Drugs market drivers, Gastrointestinal Drugs market trends, Gastrointestinal Drugs market segments, Gastrointestinal Drugs market growth rate, Gastrointestinal Drugs market major players, and Gastrointestinal Drugs market size. The report provides in-depth analysis of the impact of COVID-19 on the Gastrointestinal Drugs industry, along with revised market numbers due to the effects of the coronavirus.

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Gastrointestinal Drugs Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global gastrointestinal drugs market is expected to grow from $42.8 billion in 2019 to $48.5 billion in 2020 at a compound annual growth rate (CAGR) of 13.4%. The growth is mainly due to the impact of COVID-19 on the digestive system. The digestive system manifestations in patients with COVID-19 include poor appetite, nausea, vomiting, diarrhea, abnormal liver enzymes, abdominal pain, and gastrointestinal bleeding. Patients with pre-existing digestive diseases such as inflammatory bowel disease may complain about exacerbation of symptoms or disease activity. The market is then expected to stabilize and grow at a CAGR of 4% from 2021 and reach $55.4 billion in 2023.

The report covers the Gastrointestinal Drugs market’s segments-

1) By Type: Antacids, Antiulcerants, Vitamin And Minerals, Antiobesity, Antiemetics And Antinauseants, Antidiarrhoeals.

2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies/ Drug Stores, Others.

3) By Route Of Administration: Oral, Parenteral, Others.

4) By Drug Classification: Branded Drugs, Generic Drugs.

5) By Mode Of Purchase: Prescription-Based Drugs, Over-The-Counter Drugs.

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