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Global Sales of Exocrine Pancreatic Insufficiency (EPI) Therapeutics and Diagnostics is Expected to Reach US$ 7.3 Billion by 2027: Transparency Market Research

03-04-2024 08:12 AM CET | Health & Medicine

Press release from: Transparency Market Research

Exocrine Pancreatic Insufficiency (EPI) Therapeutics and Diagnostics

Exocrine Pancreatic Insufficiency (EPI) Therapeutics and Diagnostics

๐„๐ฑ๐จ๐œ๐ซ๐ข๐ง๐ž ๐ฉ๐š๐ง๐œ๐ซ๐ž๐š๐ญ๐ข๐œ ๐ข๐ง๐ฌ๐ฎ๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐œ๐ฒ (๐„๐๐ˆ) ๐ญ๐ก๐ž๐ซ๐š๐ฉ๐ž๐ฎ๐ญ๐ข๐œ๐ฌ ๐š๐ง๐ ๐๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ to reach US$ 7.3 Bn by 2027, it is anticipated to expand at a CAGR of 7.2% from 2019 to 2027.

According to Transparency Market Research's latest report on the global exocrine pancreatic insufficiency (EPI) therapeutics & diagnostics market for the historical periodย 2017-2018ย and forecast periodย 2019-2027,ย rise in prevalence of cystic fibrosis and chronic pancreatitis to escalate the growth of global exocrine pancreatic insufficiency (EPI) therapeutics & diagnostics market. Moreover, rising cases of diabetes are expected to fuel growth of the exocrine pancreatic insufficiency (EPI) therapeutics & diagnostics market

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2748&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

Exocrine pancreatic insufficiency (EPI) results from inadequate secretion of pancreatic enzymes such as amylase, lipase, protease, and/or sodium bicarbonate. Various conditions, including different types of diabetes, are associated with a heightened risk of EPI. A study in Current Diabetes Reports reveals a higher prevalence of EPI in type 1 diabetes compared to type 2.

The escalating incidence of diabetes, attributed to sedentary lifestyles and unhealthy diets, is a significant driver for the exocrine pancreatic insufficiency therapeutics and diagnostics market. Globally, diabetes prevalence is projected to rise from 463 million in 2019 to 578 million by 2030. This surge underscores the urgent need for new treatments.

Key players are thus investing in research and development endeavors to introduce innovative EPI therapeutics. For example, AzurRx is developing MS1819, a yeast-derived lipase engineered for superior enzymatic activity, aiming to meet the escalating demand for effective EPI treatments.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

AbbVie, Inc,Allergan plc.,Nordmark Arzneimittel GmbH & Co. KG,Digestive Care, Inc.,Janssen Pharmaceuticals, Inc.,Cilian AG, Anthera Pharmaceuticals, Inc,AzurRx Biopharma, Inc.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐“๐ฒ๐ฉ๐ž

Therapeutics
Diagnostics
Blood Tests
Endoscopic Ultra-sonography (EUS)
Magnetic Resonance Imaging (MRI)
CT Scanning

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

Inย April 2020,ย AzurRx Biopharma, Inc. has received Institutional Review Board (IRB) approval of its Phase 2 OPTION 2 clinical trial protocol to investigate MS1819 in cystic fibrosis (CF) patients with exocrine pancreatic insufficiency (EPI)

Inย April 2020, AzurRx Biopharma, Inc. has entered into a manufacturing agreement with Delpharm for the clinical drug product supply of its MS1819 therapy for exocrine pancreatic insufficiency (EPI)

Inย February 2020,ย Vivus Inc. announced that the U.S. Food and Drug Administration has approved the supplemental New Drug Application (sNDA) for PANCREAZE. PANCREAZE is indicated for the treatment of exocrine pancreatic insufficiency (EPI) due to cystic fibrosis or other conditions

๐†๐ž๐ญ ๐“๐ก๐ข๐ฌ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ˆ๐ง๐ฌ๐ญ๐š๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=2748<ype=S&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ:

Key drivers of the EPI therapeutics and diagnostics market include increasing prevalence of pancreatic disorders, growing geriatric population, advancements in diagnostic techniques, and rising awareness among healthcare professionals and patients. However, challenges such as high treatment costs, limited accessibility in rural areas, and stringent regulatory approvals may hinder market growth.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Emerging trends in the market include the development of novel therapeutics with improved efficacy and safety profiles, increasing adoption of point-of-care testing for rapid diagnosis, and strategic collaborations among pharmaceutical companies to expand their product portfolios.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

The future outlook for the EPI therapeutics and diagnostics market appears promising, with continued investments in research and development, technological advancements, and expanding healthcare infrastructure expected to drive market growth.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:

Key study points for market analysis include understanding the prevalence and incidence rates of EPI, evaluating the efficacy and safety profiles of existing therapeutics, assessing the market potential in emerging economies, and analyzing competitive landscape and market dynamics.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐Œ๐‘:

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ-https://www.globenewswire.com/news-release/2023/05/08/2663718/0/en/Electric-Vehicle-Battery-Market-Demand-will-reach-a-value-of-US-365-4-Billion-by-the-year-2031-at-a-CAGR-of-21-9-Exclusive-Report-by-Transparency-Market-Research.html

๐Œ๐ข๐ง๐ž๐ซ๐š๐ฅ ๐’๐ฎ๐ง๐ฌ๐œ๐ซ๐ž๐ž๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ-https://www.globenewswire.com/news-release/2023/05/08/2663684/0/en/Mineral-Sunscreen-Market-Revenue-to-Reach-USD-1-6-Bn-by-2031-growing-at-a-CAGR-of-5-4-Reveals-TMR-Study.html

ย 

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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Website:ย https://www.transparencymarketresearch.comย ย ย ย  ย 
Email:ย ย sales@transparencymarketresearch.com
Follow Us:ย LinkedIn|ย Twitter|ย Blogย |ย YouTube

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