Indian Irritable Bowel Syndrome Treatment Market Growing Trade Among Emerging Economies Opening New Opportunities (2023-2028)

Report Overview

Indian Irritable Bowel Syndrome drugs market size stood at USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 11.64% during the forecast period.

Irritable bowel syndrome (IBS) is a common gastrointestinal disorder that affects the large intestine. Signs & symptoms include abdominal pain, bloating, gas, cramping, and constipation or diarrhea. There are three types of irritable bowel syndrome such as IBS with diarrhea (IBS-D), IBS with constipation (IBS-C), and Mixed IBS. Treatment of irritable bowel syndrome consist of stress relief, change in diet, proper medicines, and counselling. Medications available for the treatment of irritable bowel syndrome include rifaximin, eluxadoline, lubiprostone, linaclotide, and others. Furthermore, antispasmodics are also used for the treatment of irritable bowel syndrome, which include dicyclomine, peppermint oil, and hyoscyamine.

Market Growth Drivers

Rise in geriatric population, increase in prevalence of gastrointestinal diseases and disorders such as alteration of bowel habit and abdominal pain, surge in level of stress, and unhealthy diet are the major factors that drive the growth of the irritable bowel syndrome treatment market. In addition, increase in awareness programs regarding the treatment and management of irritable bowel syndrome and surge in inclination toward IBS products that enhance therapeutic outcome are other factors that contribute toward the growth of the market. Furthermore, untapped potential offered by the developing economies present lucrative opportunities for the growth of the market during the forecast period. However, lack of specific treatment that treat all the symptoms of the IBS disorder and high competition among the key players related to pricing are expected to restrain the growth of the market.

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Major Players

The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market. Some of the leading companies operating in the Indian market are, Novartis AG, Abbott Laboratories, Allergan PLC, AstraZeneca PLC.

The report delivers the challenges in front of the Indian Irritable Bowel Syndrome Treatment Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the Indian Irritable Bowel Syndrome Treatments Market including the current trends, growth opportunities, restraints, and market drivers.

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Market Segmentation

By Type:

Based on type, the market is segmented into IBS with diarrhea (IBS-D), IBS with constipation (IBS-C), and Mixed IBS. The IBS with diarrhea (IBS-D) segment acquired the largest irritable bowel syndrome treatment market share in 2018. Furthermore, this segment is also expected to experience growth at the fastest rate during the forecast period, owing to increase in prevalence of gastrointestinal diseases such as constipation and diarrhea due to change in lifestyles, increase in geriatric population, surge in uptake of drugs such as linaclotide and lubiprostone, and rise in patient awareness toward the treatment of irritable bowel syndrome.

By Product:

Based on product, the market is segmented into Rifaximin, Eluxadoline, Lubiprostone, Linaclotide, and Others. The rifaximin segment generated the highest revenue in 2018 and is expected to maintain its dominance throughout the forecast period. This is attributed to increase in prevalence of irritable bowel syndrome, surge in adoption of the irritable bowel syndrome products, rise in geriatric population, increase in awareness toward irritable bowel syndrome and improved diagnosis, and development of technological advanced treatment products that has driven the demand for use of irritable bowel syndrome treatment market products in India.

By End-User:

Based on end-user, the market is segmented into hospital pharmacy, retail pharmacy and online pharmacy.

Major Players

The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market. Some of the leading companies operating in the Indian market are, Novartis AG, Abbott Laboratories, Allergan PLC, AstraZeneca PLC.

The Indian Irritable Bowel Syndrome Treatment Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the Indian Irritable Bowel Syndrome Treatment market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the Indian Irritable Bowel Syndrome Treatment Market.

International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic Indian Irritable Bowel Syndrome Treatment market. Each section of the research study is specially prepared to explore key aspects of the global Indian Irritable Bowel Syndrome Treatment Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global Indian Irritable Bowel Syndrome Treatment market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

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Strategic Points Covered in Table of Content of Global Indian Irritable Bowel Syndrome Treatment Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Irritable Bowel Syndrome Treatment market
Chapter 2: Exclusive Summary - the basic information of the Indian Irritable Bowel Syndrome Treatment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Irritable Bowel Syndrome Treatment
Chapter 4: Presenting the Indian Irritable Bowel Syndrome Treatment Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Irritable Bowel Syndrome Treatment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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