Press release
Exocrine Pancreatic Insufficiency Treatment Market to Surge with 6.4% CAGR, Global Revenue to Exceed USD 5.37 billion by 2031 - AbbVie, Codexis Inc., Nestle.
Exocrine Pancreatic Insufficiency Treatment Market
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What is the projected growth rate (CAGR) of the Global Exocrine Pancreatic Insufficiency Treatment market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Exocrine Pancreatic Insufficiency Treatment Market reached US$ 3.30 billion in 2023 and is expected to reach US$ 5.37 billion by 2031, growing at a CAGR of 6.4% during the forecast period 2024-2031.
Exocrine pancreatic insufficiency (EPI) occurs when the pancreas doesn't produce enough digestive enzymes. Treatment typically includes enzyme replacement therapy, along with dietary adjustments to ensure nutrient absorption. This condition is often seen in chronic pancreatitis, cystic fibrosis, or diabetes. Managing EPI helps prevent malnutrition and supports overall digestive health.
Key Developments:
❁ In May 2024, Alcresta Therapeutics announced the commercial availability of the next-generation RELiZORB cartridge, which was cleared by the U.S. FDA's Center for Devices and Radiological Health (CDRH). This device is designed to help break down fat in enteral nutrition, improving nutrient absorption for patients with malabsorption conditions. The new version features advancements aimed at increasing efficiency and ease of use.
List of the Key Players in the Exocrine Pancreatic Insufficiency Treatment Market:
AbbVie, Codexis Inc., Nestle, Alcresta Therapeutics, Inc., First Wave BioPharma, Eli Lilly and Company, Cilian AG, Synspira Therapeutics, Perseo Pharma, and Vivus LLC.
Research Process:
Both primary and secondary data sources have been used in the global Exocrine Pancreatic Insufficiency Treatment Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Exocrine Pancreatic Insufficiency Treatment Market:
By Treatment: Drug Type, Creon, Zenpep, Pancreaze, Ultra, Viokace, Others, Nutritional management (Dietary Supplements), Pancreatic Enzyme Replacement Therapy.
By Application: Crohn's Disease, Ulcerative Colitis, GERD, IBS, Others.
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.
Regional Breakout:
The global Exocrine Pancreatic Insufficiency Treatment Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Exocrine Pancreatic Insufficiency Treatment Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Exocrine Pancreatic Insufficiency Treatment Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Exocrine Pancreatic Insufficiency Treatment manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Exocrine Pancreatic Insufficiency Treatment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
1) What is the expected growth rate of the global market for the forecast period?
2) What are the key driving factors that are responsible to shape the fate of the Exocrine Pancreatic Insufficiency Treatment market during the forecast period?
3) What will be the overall size of the market during the analysis period?
4) What are the prominent market trends which influence the development of the Exocrine Pancreatic Insufficiency Treatment market across various regions?
5) Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
6) What are the challenges and threats that are likely to act as a barrier to the growth of the Exocrine Pancreatic Insufficiency Treatment market?
7) What are the major opportunities that the companies can get to attain success in the world?
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