Press release
Anal Fissure Treatment Market Key Trends And Competitor Analysis Report 2024-2033
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Anal Fissure 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 $2.01 billion In 2028 At A CAGR Of 9.1%.
The anal fissure treatment market size has grown strongly in recent years. It will grow from $1.3 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to limited treatment options, increasing awareness, demographic trends, healthcare infrastructure development, regulatory support.
The anal fissure treatment market size is expected to see strong growth in the next few years. It will grow to $2.01 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to innovative treatment approaches, rising incidence rates, investment in research and development, patient-centric care, healthcare policy changes. Major trends in the forecast period include technological advancements, increasing demand for minimally invasive procedures, rising incidence of anal fissures, focus on patient-centric approaches, globalization and market expansion.
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Anal Fissure Treatment Market Major Segments
The anal fissure treatment market covered in this report is segmented -
1) By Type: Topical Nitroglycerin, Calcium Channel Blockers, Stool Softeners, Other Types
2) By Route of Administration: Topical, Oral
3) By Application: Clinics, Hospitals, Other Applications
Key Driver - Impact Of A Growing Elderly Population And Unhealthy Lifestyles On The Anal Fissure Treatment Market
An increasing elderly population and unhealthy lifestyles are expected to propel the anal fissure treatment market going forward. The elderly population, defined as those 65 and older, is computed as the ratio of the total population to the total elderly and juvenile populations. An unhealthy lifestyle is one in which a person practices behaviors that are harmful to their health. The increasing elderly population and unhealthy lifestyle will result in thinning and tearing of the internal sphincter because of age and poor diet, requiring anal fissure treatment. For instance, in October 2022, according to a report published by the World Health Organization (WHO), a Switzerland-based agency responsible for international public health, one in six people is expected to be 60 or older by the year 2030, in the entire world. By 2050, there will be 2.1 billion people worldwide who are 60 years old or older. Therefore, the increasing elderly population and unhealthy lifestyle are driving the anal fissure treatment market.
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Prominent Trend - The Influence Of Rising Constipation Rates On The Anal Fissure Treatment Market
Increasing constipation rates are expected to propel the anal fissure treatment market going forward. Constipation is a condition characterized by hard, dry, and difficult-to-pass stools and infrequent bowel motions. Constipation that causes pain, as well as feeling bloated, uneasy, and lethargic, are possible signs. Anus lining damage, which most frequently occurs in constipated patients, leads to anal fissures, requiring treatment. Thus, increasing constipation population will propel the market growth. For instance, in 2021, according to the National Library of Medicine, a US-based biomedical library, the global prevalence of constipation was 12% to 19% in 2021, and about $7 billion annually were spent on testing for constipation. Therefore, the increasing constipation rate is driving the anal fissure treatment market.
Anal Fissure Treatment Market Players
Major companies operating in the anal fissure treatment market report are SRS Life Sciences Inc., Healthy Life Pharma Private Limited, Eisai Co. Ltd., AstraZeneca plc, Bayer AG, Novasep Holding S.A.S., Geri-care Pharmaceuticals Corp., Abbott Laboratories, GlaxoSmithKline plc, Valeant Pharmaceuticals International Inc., Taro Pharmaceutical Industries Ltd., Cook Pharmica LLC, Pfizer Inc., Taj Pharmaceuticals Limited, Troikaa Pharmaceuticals Ltd., Purdue Pharma LP, Allergan Inc., SRS Pharmaceuticals, Ultragenyx Pharmaceutical Inc., BioMarin Pharmaceutical Inc., Enobia Pharma Corporation, Alexion Pharmaceuticals Inc., Regeneron Pharmaceuticals Inc., Jazz Pharmaceuticals plc, Mallinckrodt Pharmaceuticals Limited, Sanofi S.A., Eli Lilly and Company, Roche Holding AG, Johnson & Johnson Services Inc., AbbVie Inc., Amgen Inc., Biogen Inc., Bristol-Myers Squibb Company, Celgene Corporation, Gilead Sciences Inc. .
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Largest And Fastest Growing Region In The Market
North America was the largest region in the anal fissure treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the anal fissure treatment market report during the forecast period. The regions covered in the anal fissure 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. Anal Fissure Treatment Market Report Structure
3. Anal Fissure Treatment Market Trends And Strategies
4. Anal Fissure Treatment Market - Macro Economic Scenario
5. Anal Fissure Treatment Market Size And Growth
…..
27. Anal Fissure Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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