Press release
Gastrointestinal Drugs Market | Evolving Opportunities with Sanofi, GlaxoSmithKline plc, AstraZeneca, Bausch Health
Leading companies operating in the gastrointestinal drugs market include Sanofi; GlaxoSmithKline plc; Johnson and Johnson Services, Inc.; Bausch Health; AstraZeneca; Takeda Pharmaceutical Company Limited; AbbVie Inc.; Bayer AG; Celltrion Healthcare Co., Ltd; and LEXICON PHARMACEUTICALS, INC.
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Benefits & Scopes of Gastrointestinal Drugs Market:
Biologics are beneficial for patients with gastrointestinal disorders who are not responding to conventional treatment.
The scope of the gastrointestinal drugs market includes drug class, route of administration, application, distribution channel, and region.
With the increasing number of biologics in pipeline, the segment is expected to grow at a rapid pace during the forecast period.
Drug Class-BasedInsights -
Based on drug class, the gastrointestinal drugs market is segmented into acid neutralizers, antidiarrheal and laxatives, anti-inflammatory drugs, antiemetic and antinauseants, biologics, and others. In 2019, the acid neutralizerssegment accounted for the highest share of the market.
Application-BasedInsights
Based on application, the gastrointestinal drugsmarket is segmented into inflammatory ulcerative colitis, Crohn's disease, irritable bowel syndrome, gastroenteritis, celiac disease, and others.
Distribution Channel-Based Insights
In terms ofdistribution channel, the gastrointestinal drugsmarket is segmented into retail pharmacies, hospital pharmacies, and online pharmacies. The retail pharmaciessegment held the largest share of the market in 2019, and same segment is expected to register the highest CAGR of 5.4% in the market during the forecast period.
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