Short Bowel Syndrome Market Anticipated to Grow at a CAGR of 23.3% During Forecast Period 2020-2025


Posted January 6, 2021 by Blessy_Joy

The Short Bowel Syndrome Market growth rate is attributed to the increasing public awareness about the generic disorders or bowel related disorders is influencing the vendors and authorities to provide adequate knowledge.

 
Short Bowel Syndrome Market size is valued at $752m in 2019, and is anticipated to grow at a CAGR of 23.3% during the forecast period 2020-2025. The Short Bowel Syndrome Market growth rate is attributed to the increasing public awareness about the generic disorders or bowel related disorders is influencing the vendors and authorities to provide adequate knowledge. Short bowel syndrome is a group of problems related to poor absorption of nutrients. Short bowel syndrome typically occurs in people who have had at least half of their small intestine removed and sometimes all or part of their large intestine removed, significant damage of the small intestine, poor motility, or movement, inside the intestines. The main symptom of short bowel syndrome is diarrhea—loose, watery stools, which can lead to dehydration, malnutrition, and weight loss. From the initiates by many government bodies, pharmaceutical companies, health ministries, and NGOs conduct health programs and camps to educate the people and raise awareness to the market players distributing free samples and kits with the aim of educating the people and promoting their drugs is anticipated to propel the Short Bowel Syndrome Market during the forecast period 2020-2025.   

Key Takeaways

North America dominated the Short Bowel Syndrome Market with a share of 36% in the year 2019.        
The factors such as increasing investments made on UHT treatment for other products, increasing production capacities of UHT treatment plants are amongst the major factor projected to impel growth of Short Bowel Syndrome Market.
Increase in demand for food & beverage products with an extended shelf life, marginal nutritional changes in products such as milk, and reduction in logistics and storage cost are the key factors owing to the growth in the segment during forecast period 2020-2025.

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By Geography - Segment Analysis

North America dominated the Short Bowel Syndrome Market with a share of 36% in 2019. The application of Short Bowel Syndrome has grown rapidly over the last few years owing to   rise in the sedentary lifestyle that led no time to focus on nutritious and healthy food with increased consumption of unhealthy and junk food, resultant intestinal disorders continues to expand its market. The research grants by the public & private players in the US to fuel the R&D of SBS drugs are to cater the Short Bowel Syndrome Market in the forecast period of 2020-2025. Moreover, the uncontrolled consumption of antibiotics and the recent research activities and investments on R&D in the region of Asia-Pacific is anticipated to bolster the SBS market growth.

Drivers – Short Bowel Syndrome Market

Rising the number of clinical trials or Pipeline Drugs

Short Bowel Syndrome Industry Outlook

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Short Bowel Syndrome Market. In 2019, Short Bowel Syndrome Market share is fragmented by the top ten players present in the market. Short Bowel Syndrome Market top 10 companies are Merck KGaA, Pfizer Inc., Zealand Pharma A/S, Sancilio & Company, Inc., OxThera, Nutrinia Ltd., Ardelyx, Inc., Shire plc (Takeda Pharmaceutical Company Limited), Naia Pharmaceuticals, Inc. and others.

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Issued By Blessy
Business Address IndustryARC
Country India
Categories Business
Tags short bowel syndrome market , short bowel syndrome market growth , short bowel syndrome market research , short bowel syndrome market share , short bowel syndrome market size
Last Updated January 6, 2021