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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Irritable Bowel Syndrome Treatment Market Outlook
The global irritable bowel syndrome treatment market size attained a value of about USD 2.63 billion in 2023. The market is anticipated to grow at a CAGR of 10.1% during the forecast period of 2024-2032. The global irritable bowel syndrome treatment market share is anticipated to achieve a value of USD 6.27 billion by 2032.
The market is being driven by the increasing prevalence of target diseases and the expanded use of medicines for such diseases. The global market is being dominated by North America.
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Properties and Applications
Irritable bowel syndrome is among the most prevalent functional disorders, with an approximate global prevalence of 10-15%. The actual cause of the symptoms is not known, and symptoms may arise from changes in the activity of the brain, nervous system, and the gut. This can affect the regular feeling and function of the bowel.
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Based on type, the industry can be divided into IBS-C and IBS-D.
IBS-C can be further divided into:
- IBS-C Market
- Linzess/Constella
- Amitiza
- Others
IBS-D is further segmented into:
- Xifaxan
- Viberzi
- Others
The industry can be broadly categorised based on its applications into:
- Cardiology
- Urology and Nephrology
- Oncology
- Gastroenterology
- Others
The EMR report looks into the regional markets of irritable bowel syndrome treatment like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
Improved marketing of existing products in various regions is likely to boost the demand over the forecast period 2024-2032. The increasing Linzess adoption in the USA, Europe, as well as Japan, has contributed greatly to the growth of revenues. In January 2020, Linzess was approved in China, which is expected to improve the demand further.
IBS’ continually rising economic burden impacts the quality of jobs and results in higher healthcare costs. In addition, this increased awareness of the disease has, therefore, encouraged the growth of the global irritable bowel syndrome treatment industry. However, the high prevalence of anxiety and depression is expected to catalyse the growth of the demand for irritable bowel syndrome over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global irritable bowel syndrome treatment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Takeda Pharmaceutical Company Limited
- Astellas Pharma
- Ironwood Pharmaceuticals, Inc.
- AstraZeneca
- Sebela Pharmaceuticals Inc.
- Bausch Health
- Salix Pharmaceuticals
- Abbott Laboratories.
- Johnson & Johnson Services Inc.
- GlaxoSmithKline plc
- Ono Pharmaceutical Co., Ltd.
- Pfizer Inc.
- LEXICON PHARMACEUTICALS, INC
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global irritable bowel syndrome treatment market attained a value of nearly USD 2.63 billion.
The market is projected to grow at a CAGR of 10.1% between 2024 and 2032.
The market is being driven by the rising prevalence of irritable bowel syndrome owing to changes in brain, nervous system, or the gut.
The market growth in the forecast period can be associated with the rising awareness of irritable bowel syndrome and the corresponding measures undertaken for effective treatment.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of irritable bowel syndrome treatment are IBS-C and IBS-D.
The significant applications of irritable bowel syndrome treatment include cardiology, urology and nephrology, oncology, and gastroenterology, among others.
The major players in the industry are Ironwood Pharmaceuticals, Inc., Allergan, Astellas Pharma Inc., Takeda Pharmaceutical Company Limited, AstraZeneca, Sebela Pharmaceuticals Inc., Synergy Pharmaceuticals Inc., Synthetic Biologics, Inc., Bausch Health Companies Inc., and Ardelyx, among others.
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