Understand How The Constipation Treatment Market Is Poised To Grow Through 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Constipation Treatment Global Market Report 2023, the constipation treatment market is expected to show significant growth in the forecast period.
Key insights from the constipation treatment market forecast include:
- Market Size
The global constipation treatment market is expected to grow from $10.26 billion in 2022 to $10.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The constipation treatment market is expected to reach $13.97 billion in 2027 at a CAGR of 6.3%.
- Major Driver
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, as per the report published by the Census and Statistics Department, a Hong Kong-based economic statistics provider, when comparing the entire year of 2021 to the entire year of 2020, total sales at fast food restaurants in Hong Kong, increased by 6.4% in volume and 8.6% in value. Therefore, the growing consumption of fast food is driving the growth of the constipation treatment market.
View More On The Constipation Treatment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/constipation-treatment-global-market-report
- Key Trend
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.
- Largest Region
North America was the largest region in the constipation treatment market in 2022.
- Major Players
Major players in the constipation treatment market are Pfizer Inc., Johnson & Johnson, AbbVie Inc., Bayer AG, Novartis AG, Merck & Co. Inc., Sanofi S.A., AstraZeneca plc, Fresenius Kabi AG, GlaxoSmithKline plc, Takeda Pharmaceutical Company Ltd., Boehringer Ingelheim International GmbH, Regeneron Pharmaceuticals, Bausch Health Companies Inc., Eisai Co. Ltd., Shionogi & Co. Ltd., Mallinckrodt Plc, Salix Pharmaceuticals Inc., Prestige Consumer Healthcare Inc., Taiho Pharmaceutical Co. Ltd., Ironwood Pharmaceuticals Inc., Cosmo Pharmaceuticals NV, Ferring Pharmaceuticals, RedHill Biopharma Ltd., Probi AB, and 4D Pharma plc.
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Key Constipation Treatment Market Segments
The global constipation treatment market 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
The Constipation Treatment Global Market Report 2023 provides an in-depth analysis on the constipation treatment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the constipation treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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