Press release
Dysphagia Management Market 2024: Global Industry Trends, Growth Factors, and Innovations
Dysphagia Management Industry
The new report published by The Business Research Company, titled Dysphagia Management Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the dysphagia management market size has grown strongly in recent years. It will grow from $3.83 billion in 2023 to $4.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The dysphagia management market size is expected to see strong growth in the next few years. It will grow to $5.32 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.
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What Is Driving The Growth Of The Global Dysphagia Management Market?
Rising Incidence Of Digestive Problems Fuels Growth In The Dysphagia Management Market.
The rising incidence of digestive problems is expected to drive the growth of the dysphagia management market going forward. Digestive diseases refer to a wide range of health issues affecting the digestive tract, from mild conditions such as heartburn to severe illnesses such as cancer. The increasing prevalence of digestive problems is driven by factors such as an aging population, lifestyle changes, dietary habits, stress, and obesity. Dysphagia management is used in digestive problems by employing strategies to alleviate swallowing difficulties caused by conditions like gastroesophageal reflux disease (GERD), achalasia, and esophageal cancer. For instance, in January 2023, according to the UK gut health report 2023 published by Holland & Barrett International Limited, a UK-based multinational chain of health food shops, in the UK, 58% of people experienced gut health problems, with 45% reporting chronic issues lasting three months or more. Furthermore, in September 2022, according to the National Health Service, a UK-based government department, 2.1 million admissions had gastrointestinal disorders as their primary diagnosis. Therefore, the rising incidence of digestive problems is expected to drive the growth of the dysphagia management market.
What Is The Key Trend In The Global Dysphagia Management Market?
Mobile App For Interactive Video-Based Therapy
Major companies in the dysphagia management market are focused on developing innovative solutions such as, mobile applications for interactive video-based therapy sessions to enhance patient care and improve swallowing outcomes. Mobile applications are digital platforms that enable real-time, remote therapeutic interactions through video, facilitating personalized treatment and communication between therapists and patients. They often include features such as video conferencing, session scheduling, progress tracking, and therapeutic exercises to enhance the effectiveness of therapy. For instance, in October 2023, Amrita Hospital, an India-based hospital that provides healthcare services, launched SWALLO, a mobile app supporting individuals with dysphagia. The app provides interactive video-based therapy sessions with medical experts, allowing patients to access therapeutic interventions conveniently without daily hospital visits. It features live interactive sessions by appointment and supports Malayalam with English subtitles, eventually expanding to all Indian languages.
How Is The Global Dysphagia Management Market Segmented?
The dysphagia management market covered in this report is segmented -
1) By Product: Drug (Proton Pump Inhibitors), Feeding Tube, Nutritional Solutions
2) By Treatment And Therapies: Esophageal Dysphagia, Oropharyngeal Dysphagia, Severe Dysphagia
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores
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How Is The Competitive Landscape Of The Global Dysphagia Management Market?
Major companies operating in the dysphagia management market are Nestlé Health Science , AstraZeneca plc, Novartis AG, F. Hoffmann-La Roche AG, Danone S.A. , Medline Industries LP, Hormel Foods Corporation, Ingredion Incorporated, Deosen Biochemical Ltd., Fresenius Kabi AG, Phagenesis Ltd., Eisia Co. Ltd., Dr. Reddy's Laboratories Ltd., Cipla Limited, Bracco Diagnostics Inc., Nutricia Advanced Medical Nutrition , CP Kelco US Inc., Kent Precision Foods Group Inc., Rosemont Pharmaceuticals Limited, Flavour Creations, VitalStim UK Ltd., Slo Drinks Ltd
Contents Of The Global Dysphagia Management Market
1. Executive Summary
2. Dysphagia Management Market Report Structure
3. Dysphagia Management Market Trends And Strategies
4. Dysphagia Management Market - Macro Economic Scenario
5. Dysphagia Management Market Size And Growth
…..
27. Dysphagia Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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