The market for gastrointestinal medications in Europe, the Middle East, and Africa (EMEA) is undergoing dynamic changes as a result of several variables affecting the healthcare environments in the area.
Increasing Burden of Disease: One important market driver is the rising incidence of gastrointestinal illnesses. In EMEA, the prevalence of diseases, including gastroesophageal reflux disease (GERD), irritable bowel syndrome (IBS), and inflammatory bowel disease (IBD), is on the rise due to changes in dietary practices, aging populations, and lifestyle changes.
Growing Awareness and Diagnosis: Early identification and diagnosis are being made possible by increased knowledge about gastrointestinal illnesses and better diagnostic tools. The need for efficient pharmacological treatments to control and treat these illnesses is growing as a result of this trend.
Improvements in Drug Development: Current research and development initiatives are concentrated on producing novel medications with increased efficacy and fewer adverse effects. The field of gastrointestinal illness therapy is changing as a result of the introduction of innovative therapeutics, including biologics and targeted therapies.
Investments in Healthcare Infrastructure: Better access to medical facilities and pharmaceutical items is being made possible by ongoing investments in healthcare infrastructure throughout EMEA. Consequently, this is increasing the need for gastrointestinal medications as a whole.
Regulatory Environment: The market for gastrointestinal medications in Europe is significantly shaped by the constantly changing regulatory frameworks. Tight regulatory guidelines guarantee the effectiveness and safety of medications, promoting patient and healthcare provider confidence.
Market rivalry: To profit from the rising demand for gastrointestinal medications, pharmaceutical firms are engaged in fierce rivalry in the market. Companies frequently engage in strategic alliances, mergers, and acquisitions in an effort to increase their market share and diversify their product lines.
Pricing pressures and generic competition: The emergence of generic substitutes is changing the dynamics of the market, bringing in price competition and having an effect on branded medicine income streams. In order to keep a competitive edge, pharmaceutical businesses have been forced to concentrate on innovation and distinctiveness.
Patient-First Methods: Preferences for drugs and treatments are being influenced by a move in healthcare toward a patient-centric approach. Patients' demands and preferences are being taken into account more and more by pharmaceutical corporations when developing drugs.
The Europe Gastrointestinal Drugs Market Size was valued at USD 10.95 Billion in 2023. The Global Europe Gastrointestinal Drugs industry is projected to grow from USD 11.82 Billion in 2024 to USD 20.01 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.0% during the forecast period (2024 - 2032). Gastroesophageal reflux is the most common disease and is responsible for generating a good market. The major driving factor for this market are increasing prevalence of many gastrointestinal disease. In addition to this, technological advances, infrastructure development increasing investment in research activity and increasing awareness about the availability of treatment are responsible for providing fuel for the growth of the market. While incorrect self-diagnosis and availability of many misbranded drug are the major restraining factor for the growth of market.
Study Objectives Europe, Middle East and Africa Gastrointestinal Drugs Market Research Report
Key Players for Europe, Middle East and Africa Gastrointestinal Drugs market
AstraZeneca Plc.(UK), Johnson & Johnson (US), Takeda Pharmaceutical Company Limited (Japan), Eisai Co., Ltd. (Japan), Valeant Pharmaceuticals Inc. (US), Sanofi Ltd. (France), Valeant (US), Abbott Laboratories(US), Allergan Plc (US), Bayer AG (Germany), Janssen Biotech Inc. (US), AbbVie Inc. (US), Janssen Biotech (US), GlaxoSmithKline Plc. (UK), Boehringer Ingelheim GmbH (Germany).
Segmentation
Europe, Middle East and Africa gastrointestinal drugs market has been segmented on the basis of Drug Category they are segmented into Acid Neutralizers, Laxatives and Antidiarrheal, antiemetic, Anti-inflammatory drugs and other. Acid Neutralizers are further sub segmented into Antacids, H2 antagonists, Proton pump inhibitors and others. By Route of Administration they are segmented into Oral, Parenteral and rectal. By disease type they are segmented into Gastroesophageal Reflux Disease, Inflammatory Bowel Disease and Other. By End User Hospital Pharmacies, Retail Pharmacies and Other
Europe is the second major contributor in the GI drug market globally. Total Europe and Middle East and Africa GI drug market in 2016 was approximately USD$ 15 million. Germany and France are the major contributor of the market this is due to a huge number of patient suffering from different GI problems. About 9.2% of total population in France is suffering from acute or chronic GI problems. This is the major factor responsible for the growth of market. Due to saturation of market in this region the market is growing at a steady CAGR of 4.5 % during Forecast.
The report for Europe, Middle East and Africa Gastrointestinal Drugs Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
Intended Audience
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