Viral Gastroenteritis Market Analysis 2023: Size, Trends, Outlook, Overview And Forecast To 2032 | Pfizer Inc., AbbVie Inc., Bayer AG, Sanofi S.A., AstraZeneca Plc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Viral Gastroenteritis Global Market Report 2023 identifies increasing prevalence of gastrointestinal disorders as the major driver for the Viral Gastroenteritis market's growth in the forecast period. Gastrointestinal (GI) disorders refer to a disease that occurs within or on any part of the gastrointestinal tract. Viral gastroenteritis drugs and diagnosis treatments help people suffering from the illness with proper and appropriate medication.

The global viral gastroenteritis market is expected to grow from $5.99 billion in 2022 to $6.34 billion in 2023 at a compound annual growth rate (CAGR) of 6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The viral gastroenteritis market is expected to reach $7.68 billion in 2027 at a CAGR of 4.9%.

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Major competitors in the Viral Gastroenteritis market are Pfizer Inc., AbbVie Inc., Bayer AG, Sanofi S.A., AstraZeneca Plc.

A key trend in the Viral Gastroenteritis market includes Product innovation. Major companies operating in the viral gastroenteritis market are focusing on developing new products to strengthen their position in the market. For instance, in November 2022, GlaxoSmithKline plc, a UK-based biopharmaceutical company, received approval from the US Food and Drug Administration (FDA) for its oral-dosing applicator-only presentation (liquid formulation) of ROTARIX to prevent rotavirus gastroenteritis in infants. This new presentation formulation becomes more convenient for healthcare providers by eliminating the need to reconstitute the vaccine dose at the point of use. The approval is supported by international clinical trial data demonstrating safety and tolerability compared to the lyophilized formulation and non-inferiority of immunogenicity.

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The Viral Gastroenteritis market is segmented -

1. By Drugs: Antibiotics, Antacids, Laxatives, Antimotility Agents, Others Drugs
2. By Diagnosis: Physical Examination, Rapid Stool Test
3. By Indication: Watery Diarrhea, Abdominal Cramps, Pain, Other Indications
4. By Type Of Virus: Norovirus, Rotavirus, Astrovirus, Enteric Adenovirus
5. By End User: Hospitals, Clinics, Pharmaceutical Companies, Diagnostic Centers, Ambulatory Care Centers, Others End Users
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Viral Gastroenteritis market.

The Business Research Company's "Global Viral Gastroenteritis Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Viral Gastroenteritis Market Include:

1. Executive Summary
2. Viral Gastroenteritis Market Characteristics
3. Viral Gastroenteritis Market Trends And Strategies
4. Viral Gastroenteritis Market - Macro Economic Scenario
……
32. Global Viral Gastroenteritis Market Competitive Benchmarking
33. Global Viral Gastroenteritis Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Viral Gastroenteritis Market
35. Viral Gastroenteritis Market Future Outlook and Potential Analysis
36. Appendix

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