The Pharmaceutical Suppositories Global Market Report 2023 by The Business Research Company, provides template market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Pharmaceutical Suppositories Global Market Report 2023, the global pharmaceutical suppositories market is expected to grow from $1.51 billion in 2022 to $1.59 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global pharmaceutical suppositories market is expected to grow to $1.97 billion in 2027 at a CAGR of 5.4%.
The increasing prevalence of diseases is expected to propel the pharmaceutical suppositories market going forward. The prevalence of diseases is rising mainly due to factors such as geology and climate, and insects that transmit the agent. Pharmaceutical suppositories help treat the increasing number of patients with various diseases due to the increasing prevalence of diseases. A pharmaceutical suppository is an additional drug delivery method that inserts a small, cylindrical, or conical device into the body, usually into the bottom which dissolves or melts releasing the drug to cure the disease.
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The template market is segmented:
1) By Type: Rectal Suppositories, Vaginal Suppositories, Urethral Suppositories
2) By Base: Fatty Base, Water Miscible Bases, Glycero Gelatin Base, Soap Glycerin Suppositories, Polyethylene Glycol Bases, Emulsifying Bases, Witepsol, Massa Esterium, Massuppol
3) By End-User: Hospitals, Clinics, Nursing Home, Home Care, Other End Users
Technological advancements are a key trend gaining popularity in the pharmaceutical suppositories market. Major companies operating in the pharmaceutical suppositories market are using advanced technologies to sustain their position in the pharmaceutical suppositories market. For instance, in March 2021, CB21 Pharma, a subsidiary of CBDepot, a US-based manufacturer and B2B provider of high-end cannabis products, launched CANNEFF VAG SUP vaginal suppositories and CANNEFF SUP rectal suppositories. CANNEFF VAG SUP is used for further therapy for the healing of atrophic and dystrophic vaginal mucous membrane disorders whereas CANNEFF SUP is utilized as a supplement to proctological procedures, proctitis, cryptitis, anal fissures, and perianal fistula to aid in the anorectal canal disorders’ healing processes.
The template market report table of contents includes:
1. Executive Summary
2. Pharmaceutical Suppositories Market Characteristics
3. Pharmaceutical Suppositories Market Trends And Strategies
4. Pharmaceutical Suppositories Market – Macro Economic Scenario
5. Pharmaceutical Suppositories Market Size And Growth
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26. Africa Pharmaceutical Suppositories Market
27. Pharmaceutical Suppositories Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pharmaceutical Suppositories Market
29. Pharmaceutical Suppositories Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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