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Constipation Treatment Market Trends, Top Companies, Share, Growth And Forecast 2033
Constipation Treatment Market
Constipation Treatment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $15.09 billion In 2028 At A CAGR Of 6.7%.
The constipation treatment market size has grown strongly in recent years. It will grow from $10.95 billion in 2023 to $11.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to rising prevalence of digestive disorders, demographic changes, lifestyle factors, limited treatment options, increasing awareness of health issues.
The constipation treatment market size is expected to see strong growth in the next few years. It will grow to $15.09 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising healthcare expenditure, increased focus on preventive healthcare, focus on pediatric constipation, growing demand for personalized healthcare solutions, rise of telemedicine, expansion of e-commerce, focus on functional foods and probiotics. Major trends in the forecast period include technological advancements in healthcare, artificial intelligence and machine learning in healthcare, focus on sustainability and eco-friendly products, collaboration between healthcare providers and technology companies, increased investment in r&d by pharmaceutical companies.
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Constipation Treatment Market Major Segments
The constipation treatment market covered in this report is segmented -
1) By Therapeutic Types: Laxatives, Chloride Channel Activators, Peripherally Acting Mu-Opioid Receptor Antagonists, GC-C (Guanylate Cyclase-C) Agonists, Other Therapeutics
2) By Disease Type: Chronic Idiopathic Constipation (CIC), Irritable Bowel Syndrome With Constipation (IBS-C), Opioid-Induced Constipation (OIC)
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Key Driver - Fast Food Boom Fueling Growth In The Constipation Treatment Market
Growing consumption of fast food is expected to propel the growth of the constipation treatment market going forward. Fast food refers to hot food that a customer cooks or orders from a specific sort of restaurant and is provided shortly. Fast foods are low in fiber and high in fat and salt, so they can lead to constipation. For instance, in August 2023, according to a report published by Budget Branders, a US-based provider of paper and plastic products, the fast food business is projected to have a global market worth 931. 7 billion dollars by 2027. Additionally, there are over 200,000 distinct fast-food outlets in the US. American consumers spend 200 billion dollars on fast food annually. Therefore, the growing consumption of fast food is driving the growth of the constipation treatment market.
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Prominent Trend - Driving Growth Through Innovative Therapies In The Constipation Treatment Market
Product innovation is a key trend gaining popularity in the constipation treatment market. Companies operating in the constipation treatment market are working on new product innovations to sustain their position in the market. For instance, in April 2022, Ardelyx, a US-based biopharmaceutical company, launched IBSRELA, a first-in-class treatment for irritable bowel syndrome with constipation (IBS-C) in adults. IBSRELA is the first innovative mechanism therapy for irritable bowel syndrome with constipation (IBS-C) to be developed in more than ten years, and it provides a significant new treatment option for constipation, bloating, and stomach pain that are symptoms of this crippling disorder.
Constipation Treatment Market Players
Major companies operating in the constipation treatment market report are Pfizer Inc., Johnson & Johnson, AbbVie Inc., Bayer AG, Novartis AG, Merck & Co. Inc., Sanofi S.A., AstraZeneca plc, Fresenius Kabi AG, GlaxoSmithKline plc, Takeda Pharmaceutical Company Ltd., Boehringer Ingelheim International GmbH, Regeneron Pharmaceuticals, Bausch Health Companies Inc., Eisai Co. Ltd., Shionogi & Co. Ltd., Mallinckrodt Plc, Salix Pharmaceuticals Inc., Prestige Consumer Healthcare Inc., Taiho Pharmaceutical Co. Ltd., Ironwood Pharmaceuticals Inc., Cosmo Pharmaceuticals NV, Ferring Pharmaceuticals, RedHill Biopharma Ltd., Probi AB, 4D Pharma plc
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Largest And Fastest Growing Region In The Market
North America was the largest region in the constipation treatment market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the constipation treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Constipation Treatment Market Report Structure
3. Constipation Treatment Market Trends And Strategies
4. Constipation Treatment Market - Macro Economic Scenario
5. Constipation Treatment Market Size And Growth
…..
27. Constipation Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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