Press release
Gastrointestinal Drugs Market Major Trend in Asia-Pacific 2018 | Reach USD 11.8 Billion with Growing CAGR of 6.1% Outlet Till 2023
Gastrointestinal Drugs Market
Gastrointestinal (GI) diseases affects stomach, large intestine and rectum, small intestine, esophagus, liver, gallbladder and pancreas. The symptoms of GI diseases are heartburn, indigestion, bloating, constipation and many more. According to a report by the World Gastroenterology Organization, 35-40 % of world’s total population is suffering from acute or chronic GI complication.
Gastrointestinal diseases has gained a tremendous attention over the last few years. Increasing prevalence of different gastrointestinal diseases and disorders has encouraged many companies for initiating the research & development for innovative and advanced drugs.
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Over the last few years, the prevalence of gastrointestinal diseases has increased in the Asian populations owing to changing lifestyle, and increasing prevalence of infectious diseases. According to some studies published, the incident of ulcerative colitis and Crohn's disease is increasing continuously in Asia. The highest incidence was mainly reported in Korea, China, Hong Kong and India. The major driving factors for the market rising geriatric population and increasing investment in research & development. Additionally, changing lifestyle and increasing awareness about the availability of the treatment fuel the market growth. On the other hand, the presence of misbranded & spurious drugs, and unavailability of lifelong cure may hinder the market growth over the review period.
The Asia gastrointestinal drugs market is expected to grow at a CAGR of 6.1% during the forecast period 2017-2023. According to a recent study report published by the Market Research Future, the Asia Pacific Gastrointestinal Drugs market is expected to gain eminence over the forecast period. The market is forecasted to demonstrate a steady growth by 2023, surpassing its previous growth records in terms of value with a constant CAGR during the anticipated period (2017–2023).
Asia Pacific Gastrointestinal Drugs Market - Segmentation
The Asia gastrointestinal drugs market is segmented on the basis of drug class and type of disease.
On the basis of drug class, it is segmented into acid neutralizers, laxatives & antidiarrheal, antiemetics, antiulcer, and others.
On the basis of type of disease, it is segmented into esophagus diseases, stomach diseases, intestinal diseases, rectum diseases, and others.
Asia Pacific Gastrointestinal Drugs Market - Top Key Players
AbbVie Inc. (US), AstraZeneca (UK), Johnson & Johnson (US), Valeant (US), Abbott Laboratories(US), Allergan Plc (US), Bayer AG (Germany), Janssen Biotech Inc. (US), Takeda Pharmaceutical Company Limited (Japan), Eisai Co., Ltd. (Japan), Valeant Pharmaceuticals (US), Sanofi (France), Janssen Biotech (US), GlaxoSmithKline Plc. (UK), Boehringer Ingelheim GmbH (Germany) and others are some of the prominent players at the forefront of competition in the Asia Pacific Gastrointestinal Drugs Market and are profiled in MRFR Analysis.
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MAJOR TABLE OF CONTENT
1 Report Prologue
2 Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Asia Gastrointestinal Drugs Market, By Drug Class
7 Asia Gastrointestinal Drugs Market, By Type of Diseases
8 Asia Gastrointestinal Drugs Market, By Region
9 Company Profile
10 Company Landscape
11 Conclusion
12 Appendix
13 List of Tables
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