The report on Gastrointestinal Drugs Market by category(acid neutralizers,
antidiarrheal & laxatives, anti-inflammatory), route of administration(oral, parenteral,
rectal), disease type(gastro-esophageal reflux disorder, inflammatory bowel disease)
trends analysis and forecasts up to 2023 studies the market sizes, key trends and
opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest
of the World. According to the report the Global Gastrointestinal Drugs Market is
projected to grow at a CAGR between 4.5 % to 5.0% in terms of value over the period of
2017-2023. The growth in the world market is primarily driven by significant
contribution by North America (Leading region) region to this market.
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Market Insights
Global gastrointestinal drugs market experienced progressive growth over the past few
years. As per the report published by world gastrointestinal organization in 2015,
almost 35%-40% of world’s population is suffering from acute and chronic
gastrointestinal complications. This includes gastrointestinal disease and disorder, due
to change and dietary pattern, which is predominantly responsible for global growth of
this market. Moreover, rising prevalence of gastrointestinal disease across the globe is
equally drives global growth. Increasing investment in research and development