Press release
The Short Bowel Syndrome Market To See Derivation Of Personalized Medicine As Per Genetic Make-Up
Presently, there is no cure for short bowel syndrome and the treatment is targeted towards symptoms. In a few cases, short bowel syndrome can be life-threatening but usually, the disease can managed through effective medication.
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Market Segmentation:
basis of drug type
Glucagon-like Peptide
Anti-Diarrheals
Histamine Blockers
Proton Pump Inhibitors
Growth Hormone
Others
basis of distribution channel
Hospital Pharmacies
Specialty Pharmacies
Others
Rising awareness and availability of epidemiological data lead to the better management of short bowel disease. Further, rapid improvements in the field of healthcare have increased awareness regarding short bowel syndrome and thus, created opportunities.
Along with these, non-profit organizations are promoting research & development around short bowel syndrome in joint scientific research between the public sector and the private sector.
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The global short bowel syndrome treatment market has witnessed robust growth due to the increasing demand for drugs. The short bowel syndrome market is marked by the presence of limited manufacturers for approved therapies, which is paving way for huge opportunities in terms of market acquisitions and price flexibility.
Attributing to this, government bodies are directly taking part in encouraging local manufacturers through various initiatives. Apart from this, non-profit organizations are taking part in healthcare advocacy and public awareness.
Primary advocacy focuses on the improvement of the healthcare system, i.e. diagnosis, treatment, and support with comparatively less emphasis on research and drug development.
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Key participants operating in the short bowel syndrome treatment market include Shire Plc, Merck & Company, Inc., Swedish Orphan Biovitrum AB, Novartis AG, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., AstraZeneca Plc, Johnson & Johnson, and others. Players mainly focus on collaborations and partnerships to keep pace with the competition and develop new products.
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