Gastrointestinal Drugs Market with Growing Revenue US$ 71,300.28 million by 2030 with Bausch Health, AstraZeneca, AbbVie Inc., Bayer AG

The Gastrointestinal Drugs Market was valued at US$ 49,043.38 million in 2022 and is projected to reach US$ 71,300.28 million by 2030; it is expected to grow at a CAGR of +5% from 2023 to 2030.

Gastrointestinal (GI) disorders are medical conditions related to the digestive system that affect the colon, small and large intestine. The disorders include constipation, irritable bowel, ulcerative colitis, and peptic ulcer diseases. These disorders are characterized by various symptoms, such as pain, bloating, diarrhea, nausea, and vomiting. These disorders constitute a large proportion of outpatients and frequent hospital visits globally. A wide range of GI drugs is commercially available in the market for the treatment of various conditions. Additionally, a rise in investments in the development of biologics and the emergence of biosimilars are expected to drive the growth of the market in the forecast period.

Global Market Vision published a report titled "2023 Global Gastrointestinal Drugs Market Research Report," which details several aspects, including growth rates, technological advances, and various strategies implemented by current major market participants. The report is based on a collective analysis of the data obtained through primary and secondary studies. It provides a systematic approach to current and future scenarios in the market.

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Gastrointestinal Drugs Market Top Leading Vendors:-
• Sanofi
• GlaxoSmithKline plc
• Johnson and Johnson Services, Inc.
• Bausch Health
• AstraZeneca
• Takeda Pharmaceutical Company Limited
• AbbVie Inc.
• Bayer AG
• Celltrion Healthcare Co., Ltd.
• LEXICON PHARMACEUTICALS, INC

By Drug Class
• Acid Neutralizers
• Antidiarrheal and Laxatives
• Anti-Inflammatory Drugs
• Antiemetic and Antinauseants
• Biologics
• Others

By Route of Administration
• Oral
• Parenteral

By Application
• Inflammatory Ulcerative Colitis
• Crohn's Disease
• Irritable Bowel Syndrome
• Gastroenteritis
• Celiac Disease
• Others

By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

The study objectives of this report are:
To analyze and study the global Gastrointestinal Drugs sales, value, status (2015-2023) and forecast (2023-2030).
Focuses on the key Gastrointestinal Drugs manufacturers, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

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The report also provides Gastrointestinal Drugs market growth rates, scale and forecasts at the global level, as well as geographic regions: Latin America, Europe, Asia Pacific, North America, Middle East and Africa. It also analyzes the road and provides the global market size of the major players in each region. In addition, the report provides knowledge of leading market participants in the Gastrointestinal Drugs market. This report explores the industry's changing factors in market segments. This analysis covers the growth factors of the global market based on end users.

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This release was published on openPR.