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Soaring Global Digestive and Intestinal Remedies Market: Key Drivers, Top Players, and Forecasted Growth of 5.3% CAGR by 2025
Digestive and Intestinal Remedies Market
What Is The Projected Market Size Of The Global Digestive and Intestinal Remedies Market And Its Growth Rate?
• 2024 Market Size: $21.37 billion
• 2025 Market Size: $22.5 billion with a CAGR of 5.3%
• The market is projected to reach $29.16 billion in 2029, growing at a CAGR of 6.7%, largely attributed to healthcare accessibility, global health events, rising health consciousness, ageing population, innovative product development, and more.
What Is Driving The Growth In The Digestive and Intestinal Remedies Market?
The surge in gastrointestinal disorders is a significant factor driving the digestive and intestinal remedies market. Gastrointestinal disorders, including nausea, vomiting, food poisoning, and diarrhea, have a considerable impact on the biological functioning of the gastrointestinal (GI) tract. The increased occurrences of these disorders lead to higher demand for effective treatments. For instance, the American Cancer Society projected approximately 26,890 new cases of stomach cancer in the U.S. in 2024, which will result in about 10,880 deaths. Thus, the growth in such disorders is expected to drive the market.
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Who Are the Key Players Driving Digestive and Intestinal Remedies Market Growth?
• Bayer AG
• Abbott Laboratories
• Bausch Health Companies Inc.
• Eli Lilly and Company
• GlaxoSmithKline PLC
• Jiangzhong Pharmaceutical Co. Ltd.
• Johnson & Johnson Pvt. Ltd.
• Menarini Group
• Merck Co. & KGaA
• Pfizer Inc.
• Prestige Consumer Healthcare Inc.
• Procter & Gamble Company
• Reckitt Benckiser Group PLC
• Sanofi SA
• Takeda Pharmaceutical Company Limited
• AbbVie Inc.
• Alfa Wassermann and Sigma-Tau
• Allergan PLC
• AstraZeneca PLC
• Boehringer Ingelheim International GmbH
• Daiichi Sankyo Chemical Pharma Co. Ltd.
• Evoke Pharma Inc.
• Ipsen SA
• Ironwood Pharmaceuticals Inc.
• Mundipharma
• Mylan NV
• Norgine Pharmaceuticals Ltd.
• Novartis AG
• Otsuka Pharmaceutical Co. Ltd.
• Perrigo Company
• Recordati S.p.A.
• RedHill Biopharma Ltd.
• Ritter Pharmaceuticals Inc.
• Salix Pharmaceuticals Inc.
What Are The Key Trends In The Digestive and Intestinal Remedies Market?
Key Trends:
• Healthcare accessibility
• Environmental factors impacting digestive health
• Consumer education about the importance of digestive health
• Regulatory environment updates
• Pharmaceutical advancements in the area of digestive health
What Are The Segments Of The Global Digestive and Intestinal Remedies Market?
• Digestive Medicines
• Remedies Against Gastrointestinal Complaints
• Natural And Synthetic Agents
Which Region Leads The Digestive and Intestinal Remedies Market?
North America was the largest region in the digestive and intestinal remedies market in 2024. However, the fastest-growing region is expected to be Asia-Pacific in the forecast period, encompassing several markets like Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Digestive and Intestinal Remedies Market Global Market Report?
- Market Size Analysis: Analyze the Digestive and Intestinal Remedies Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Digestive and Intestinal Remedies Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Digestive and Intestinal Remedies Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Digestive and Intestinal Remedies Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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