Global Irritable Bowel Syndrome Treatment Market Growth Rate Analysis 2022Posted by sandeep gade on September 23rd, 2022 The primary purpose of the statistical analysis is to use data analysis and descriptive statistics. It helps to summarize data from a sample using indexes like mean or standard deviation and inferential statistics. This report includes information and statistics on price levels, location of the product, and demand for the product. The best thing about the statistical analysis report is that it allows businesses to make decisions in terms of consumer preferences and purchasing power. Moreover, it provides demographic information like the number of potential customers in a geographical area, income level, consumer preferences, and much more. With the help of Irritable Bowel Syndrome Treatment Market statistical analysis, the market could get crucial information on how the collected data and samples will be analyzed. Irritable Bowel Syndrome Treatment Market is expected to reach US$ 7.3 Bn by the end of 2031, with sales revenue expected to register 8.7% CAGR.
Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/9938 As per Persistence Market Research’s latest industry analysis, the global irritable bowel syndrome treatment market was valued at over US$ 2.9 Bn in 2020, and is expected to exhibit a CAGR of around 8.7% over the forecast period (2021-2031) According to the Journal of Gastroenterology published in April 2020, approximately 11% of the people in the world are living with gastrointestinal issues such as irritable bowel syndrome. Various other gastrointestinal-related problems arise with irritable bowel syndrome, such as IBS with constipation (IBS-C), IBS with diarrhoea (IBS-D), and IBS with mixed bowel habits (IBS-M). Rising prevalence of gastrointestinal disorders and irritable bowel syndrome has led to increased government engagement for the treatment of IBS. This is due to substantial economic burden of irritable bowel syndrome on the healthcare system. As per BMC Gastroenterology (2020), the direct cost of diagnosis and treatment of irritable bowel syndrome in the U.S. is estimated to be between US$ 1.7 Bn and US$ 10 Bn, annually. Key players are focusing on expansion in emerging regions and new revised product manufacturing. The strategy of expansion, new product launches, and approvals by key manufacturers is further strengthening their market presence.
In August 2020, Takeda received EMA approval for the subcutaneous formulation of its Inflammatory Bowel Disease (IBD) drug “Entyvio”, thus increasing its product range as well as geographical footprint. Company Profiles: Takeda Pharmaceutical Company Limited, Pfizer, Inc., Abbott Laboratories, Novartis AG, AstraZeneca PLC, Ironwood Pharmaceuticals Inc. and Allergan Plc, Bausch Health Companies Inc., GlaxoSmithKline, Plc., Lexicon Pharmaceuticals, Inc., Sucampo Pharmaceuticals, Inc. Request for Methodology@ https://www.persistencemarketresearch.com/methodology/9938
Key Takeaways from Market Study
“Growing prevalence of gastrointestinal diseases, rising initiatives by governments for the management of IBS, and strategic collaborations & acquisitions by key players are set to drive market growth,” says an analyst of Persistence Market Research. Access Full Report@ https://www.persistencemarketresearch.com/checkout/9938 Market Competition Agreements, collaborations, and partnerships have emerged as key growth strategy adopted by industry players. By focusing on these strategies, key stakeholders are expanding their geographic footprints and strengthening their existing product portfolios.
What Does the Report Cover? Persistence Market Research offers a unique perspective and actionable insights on the irritable bowel syndrome treatment market in its latest study, presenting historical demand assessment of 2016 – 2020 and projections for 2021 – 2031. About Us: Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein. Contact Us: Persistence Market Research Like it? Share it! More by this author |
