The Irritable Bowel Syndrome Treatment Market Size was valued at USD 1.47 billion in 2022, and is expected to reach USD 2.81 billion by 2030, and grow at a CAGR of 8.4% over the forecast period 2023-2030.
Irritable bowel syndrome (IBS) is a prevalent chronic gastrointestinal condition affecting the colon. Gas, bloating, discomfort, constipation, and diarrhea are some of the symptoms of IBS. IBS is a chronic ailment that necessitates long-term treatment. IBS symptoms can be managed by making lifestyle and daily nutrition modifications, as well as addressing any stress. IBS has severe signs and symptoms in a limited number of patients who require therapy and counselling.
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Irritable bowel syndrome affects one out of every five Americans, but just a small percentage seek medical help. Irritable bowel syndrome is one of the most common GI disorders, despite being regarded as non-threatening. It affects about 12% of the population. IBS is more common in those under the age of 45 and is twice as common in women as it is in males. Rectal bleeding, weight loss, and severe abdominal pain at night are all serious symptoms of IBS.
DRIVERS
RESTRAINTS
OPPORTUNITIES
Type, product, end user, and geography are all segments of the irritable bowel syndrome therapy market. IBS with diarrhea (IBS-D), IBS with constipation (IBS-C), and Mixed IBS are the three types of IBS on the market. Rifaximin, eluxadoline, lubiprostone, linaclotide, and other products make up the market. Hospital pharmacies, pharmacy stores and retail pharmacies, and online pharmacies are the three types of pharmacies that exist.
By Type
IBS with diarrhea (IBS-D), IBS with constipation (IBS-C), and Mixed IBS are the three categories in which the market is divided. In 2018, the IBS-D (irritable bowel syndrome with Diarrhea) segment dominated the irritable bowel syndrome therapy market. Moreover, this segment is projected to expand at the fastest rate during the forecast period, owing to an increase in the prevalence of gastrointestinal diseases like constipation and diarrhea as a result of changing lifestyles, a rise in the geriatric population, a surge in the uptake of drugs like linaclotide and lubiprostone, and an increase in patient awareness of the treatment of irritable bowel syndrome.
By Product
The rifaximin segment generated the most revenue, and this trend is likely to continue throughout the forecast period. This is due to the rise in the prevalence of irritable bowel syndrome, a surge in the adoption of irritable bowel syndrome products, an increase in the geriatric population, increased awareness of irritable bowel syndrome and improved diagnosis, and the development of technologically advanced treatment products, which has fueled the demand for irritable bowel syndrome treatment market products globally.
By Type
By Product
By End User
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Asia-Pacific offers significant potential for key participants in the irritable bowel syndrome treatment market, with rising awareness of irritable bowel syndrome therapy and product uptake. Furthermore, developments in healthcare infrastructure, an increase in the number of hospitals with advanced medical facilities, a growing R&D sector, rising healthcare reforms, and technical advancements in the field of healthcare all contribute to market growth. Other factors like leading manufacturers' increased focus on expanding their geographic presence in emerging Asia-Pacific countries to capture high growth opportunities in the market, a large population base, and high disposable incomes are expected to fuel the growth of the Asia-Pacific irritable bowel syndrome treatment market.
REGIONAL COVEREGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Some of the major key players are as follows: Allergan plc, Synergy Pharmaceuticals, Inc, Abbott, Sucampo Pharmaceuticals, Inc., Ardelyx, Inc., Bausch Health, Novartis AG, Astellas Pharma Inc, and other players.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 1.47 Billion |
| Market Size by 2030 | US$ 2.81 Billion |
| CAGR | CAGR of 8.4% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (IBS with Diarrhea (IBS-D), Mixed-presentation IBS (IBS-M), IBS with Constipation (IBS-C)) • By Product (Eluxadoline, Lubiprostone, Rifaximin, Linaclotide, Others) • By End User (Drug Stores & Retail Pharmacies, Hospitals Pharmacies, Online Pharmacies) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Allergan plc, Synergy Pharmaceuticals, Inc, Abbott, Sucampo Pharmaceuticals, Inc., Ardelyx, Inc., Bausch Health, Novartis AG, Astellas Pharma Inc, and other players. |
| DRIVERS | • Anxiety is on the rise • There is a robust drug pipeline to combat it • Depression is also on the rise. |
| RESTRAINTS | • Government regulations that are extremely strict • Patients are dissatisfied with the IBS treatment they are receiving. |
Irritable Bowel Syndrome Treatment market is expected to grow at a CAGR of 8.4% over the forecast period 2022-2030.
Government regulations that are extremely strict, and Patients are dissatisfied with the IBS treatment they are receiving are the restraints of the Irritable Bowel Syndrome Treatment.
Irritable Bowel Syndrome Treatment Market is divided into three segments and they are By Type, By Product, By End User
Asia-Pacific offers significant potential for key participants in the irritable bowel syndrome treatment market, with rising awareness of irritable bowel syndrome therapy and product uptake.
The rifaximin segment generated the most revenue, and this trend is likely to continue throughout the forecast period.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Irritable Bowel Syndrome Treatment Market Segmentation by Type
8.1 IBS with Diarrhea (IBS-D)
8.2 Mixed-presentation IBS (IBS-M)
8.3 IBS with Constipation (IBS-C)
9. Irritable Bowel Syndrome Treatment Market Segmentation, by Product
9.1 Eluxadoline
9.2 Lubiprostone
9.3 Rifaximin
9.4 Linaclotide
9.5 Others
10. Irritable Bowel Syndrome Treatment Market Segmentation by End User
10.1 Drug Stores & Retail Pharmacies
10.2 Hospitals Pharmacies
10.3Online Pharmacies
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12 Company Profiles
12.1 Allergan plc.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Synergy Pharmaceuticals, Inc.
12.3 Abbott
12.4 Sucampo Pharmaceuticals, Inc.
12.5 Ardelyx, Inc.
12.6 Bausch Health
12.7 Novartis AG
12.8 Astellas Pharma Inc.
13 Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
14 Conclusion
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