Short Bowel Syndrome Market – Global Market Size, Strategic Growth Drivers, Risk Assessment Framework, Regulatory Landscape Review, Competitive Intensity Mapping & Long-Term Industry Outlook to 2029
Overview
Global Short Bowel Syndrome Market size was valued at USD 1.53 Bn in 2022 and is expected to reach USD 4.29 Bn by 2029, at a CAGR of 15.9 %.
Short Bowel Syndrome Market Overview
Short bowel syndrome affect the functional ability of intestine. Patients suffering from short bowel syndrome have a decreased capability to absorb trace elements, vitamins, fats, fluids, minerals and carbohydrates and have experience weight loss, malnutrition, diarrhea and dehydration. Currently, there is no treatment for short bowel syndrome but the treatment is directed towards symptoms. In a rare cases, short bowel syndrome is life-threatening but usually, the disease is treated through effective medication. Treatment mostly comprises nutrition & diet management, medication and surgery.
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In treatment, Teduglutide was first permitted by the FDA for short bowel syndrome disorder and other treatments contain antidiarrheal, proton pump, inhibitors histamine blockers, and growth hormones.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. The scope of the report includes a detailed study of global and regional markets for Short Bowel Syndrome with the reasons given for variants in the growth of the industry in certain regions.
Short Bowel Syndrome Market Dynamics
The short-bowled syndrome is a growth of problem-related to poor absorption of nutrients. The increasing prevalence of gastrointestinal diseases and surgeries is expected to drive the growth of the market. This "Optimist" is optimistic about the expanding patient pool, which fuel the demand for SBS treatments and therapies. The advancements in medical technology and the development of innovative therapies provide hope for improved outcomes and quality of life for individuals with Short Bowel Syndrome. Since, the rise in focus on personalized medicine and the development of tailored treatment options present opportunities for companies to develop targeted therapies that address the specific needs of SBS patients. Also, the growing investments in research and development and increasing collaborations between pharmaceutical companies and research institutions create a favorable environment for innovation and the Short Bowel Syndrome Market growth during the forecast period.
Growing awareness and convenience of epidemiological data lead to the improved controlling of short bowel disease. Additionally, rapid developments in the field of healthcare have raised awareness about short bowel syndrome and thus, creates opportunities in future. Similarly, non-profit organizations are encouraging research & development about short bowel syndrome in joint scientific research among the public and private sector. In relationship with non-profit organizations, state governments offer special incentives to manufacturers for the improvement of short bowel syndrome drugs.
Limited awareness and understanding of Short Bowel Syndrome among healthcare professionals and the general population to delay diagnosis and treatment initiation
The Realist recognizes the challenges associated with the Short Bowel Syndrome Market. One of the major challenges is the high cost of SBS treatments and therapies, which is expected to restrain the accessibility for some patients. Similarly, the complex nature of SBS and its management requires multidisciplinary approaches, involving gastroenterologists, surgeons, dieticians, and other specialists, posing logistical challenges in providing comprehensive care. The Realist understands that addressing these challenges is crucial for sustainable growth in the SBS market. The Pessimist is aware of the factors that may hinder the growth of the SBS market. Limited awareness and understanding of SBS among healthcare professionals and the general population can delay diagnosis and treatment initiation. The stringent regulatory requirements for drug approvals and the lengthy and expensive clinical trial process is expected to restrain the development and commercialization of new therapies. The Pessimist fears that these factors may hamper the overall market growth potential.
The expansion of short bowel syndrome drugs is at an emerging stage, which generates more opportunities for global players. Public-private partnerships are inspiring pharmaceutical companies to improve new orphan drugs for short bowel syndrome. Few countries have executed a combination of legislations, regulations, and policies indorsing drug development for short bowel syndrome. These are the potential drivers for the growth of the short bowel syndrome market. Instead of this, a lack of sanctioned treatment options may lead to the down regulate the growth of short bowel syndrome market.
Short Bowel Syndrome Market Segment Analysis
The report on Short Bowel Syndrome market covers segments such as by Drug Type, Distribution Channel and Region. The Drug Type segment includes Glucagon-like Peptide, Anti-Diarrheals, Histamine Blockers, Proton Pump Inhibitors, Growth Hormone, and Others. Among the Drug Type, Glucagon-like Peptide is accounted for the largest xx share in the Short Bowel Syndrome market. Currently, Glucagon-Like Peptide is leading the market because of its wide presence in the U.S. and Europe. The Distribution Channel segment is further sub-segmented into Hospital Pharmacies, Specialty Pharmacies, and Others. Among the Distribution Channel, Hospital Pharmacies is accounted for the largest xx% market share in the Short Bowel Syndrome market. The Hospital Pharmacies from Distribution Channel segment is anticipated to have a reasonable growth during the forecasted period.
Based on regional analysis, the Short Bowel Syndrome market is sub-segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to dominate the market during forecasted period. The rising prescriptions for Glucagon-like Peptide treatment in the U.S. is anticipated to driver the growth for the North America short bowel syndrome market. Additionally, the fact that glutamine and growth hormone are only permitted in the U.S. for treating SBS is anticipated to keep North America in the lead. The increasing awareness about short bowel syndrome amongst consumers and outstanding reimbursement strategies are anticipated to fuel the regional market during forecast period.
Competitive landscape
Key players operating in the Short Bowel Syndrome market are Ardelyx, Inc., Emmaus Life Sciences, Inc., GLyPharma Therapeutic, Inc., Merck KGaA, Naia Pharmaceuticals, Inc., Nutrinia Ltd., OxThera, Sancilio & Company, Inc., Shire plc, Zealand Pharma A/S, Swedish Orphan Biovitrum AB, Novartis AG, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., AstraZeneca Plc, and Johnson & Johnson. The companies functioning in the market are concentrating on R&D investments and fund raising activities to drive clinical trials that lead to robust product pipeline. As detection rate and market perception withstand to expand, there are anticipations for market growth during forecast period. Furthermore, innovative product sanctions in the market will further drive the short Bowel Syndrome market growth.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Short Bowel Syndrome market dynamics, structure by identifying and analyzing the market segments and project the global market size. Also, the report also focuses on the competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment shortly to the emerging segment in the Short Bowel Syndrome market.
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| Global Short Bowel Syndrome Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2022 | Forecast Period: | 2023-2029 |
| Historical Data: | 2018 to 2022 | Market Size in 2022: | US $ 1.53 Bn. |
| Forecast Period 2023 to 2029 CAGR: | 15.9% | Market Size in 2029: | US $ 4.29 Bn. |
| Segments Covered: | by Drug Type | • Glucagon-like Peptide • Anti-Diarrheals • Histamine Blockers • Proton Pump Inhibitors • Growth Hormone • Others |
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| by Distribution Channel | • Hospital Pharmacies • Specialty Pharmacies • Others. |
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Short Bowel Syndrome Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Short Bowel Syndrome Market Key Players are:
• Ardelyx, Inc.
• Emmaus Life Sciences, Inc.
• GLyPharma Therapeutic, Inc.
• Merck KGaA
• Naia Pharmaceuticals, Inc.
• Nutrinia Ltd.
• OxThera, Sancilio & Company, Inc.
• Shire plc.
• Zealand Pharma A/S.
• Swedish Orphan Biovitrum AB.
• Novartis AG
• Pfizer Inc.
• Teva Pharmaceutical Industries Ltd.
• Mylan N.V.
• AstraZeneca Plc.
• Johnson & Johnson
• Biopharma, Inc.
• Adocia SAS
• Nestlé S.A.
• OPKO Health Inc.
• VectivBio AG
Frequently Asked questions
1. Which region has the largest share in Global Short Bowel Syndrome Market?
Ans: Asia Pacific region held the highest share in 2022.
2. What is the growth rate of Global Short Bowel Syndrome Market?
Ans: The Global Short Bowel Syndrome Market is growing at a CAGR of 15.9% during forecasting period 2023-2029.
3. What is scope of the Global Short Bowel Syndrome Market report?
Ans: Global Short Bowel Syndrome Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Short Bowel Syndrome Market?
Ans: The important key players in the Global Short Bowel Syndrome Market are – Ardelyx, Inc.,Emmaus Life Sciences, Inc.,GLyPharma Therapeutic, Inc.,Merck KGaA,Naia Pharmaceuticals, Inc.,Nutrinia Ltd.,OxThera, Sancilio & Company, Inc.,Shire plc.,Zealand Pharma A/S.,Swedish Orphan Biovitrum AB.,Novartis AG.
5. What is the study period of this Market?
Ans: The Global Short Bowel Syndrome Market is studied from 2022 to 2029.