Gastrointestinal Drugs Market Scope and Analysis Report by 2027
Gastrointestinal Drugs Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 59,713.68 Million |
Market Size by 2031 | US$ 106,304.81 Million |
Global CAGR (2023 - 2031) | 7.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Drug Class
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Gastrointestinal Drugs Market News and Recent Developments
The gastrointestinal drugs market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the gastrointestinal drugs market are listed below:
- Bayer Consumer Health introduced Iberogast, a plant-based digestive relief product, to millions of people in the US who experience gut health issues. Formulated with a clinically proven, proprietary six-herb blend, Iberogast harnesses the power of nature to provide dual-action relief for those who experience occasional digestive symptoms by helping to relieve stomach upsets and restore digestive function. (Source: Bayer AG, Press Release, April 2024)
- AbbVie Inc. and Landos Biopharma, Inc. entered into a definitive agreement under which AbbVie acquired Landos, a clinical-stage biopharmaceutical company focused on developing novel oral therapeutics for patients with autoimmune diseases. Landos' lead investigational asset is NX-13, a first-in-class, oral NLRX1 agonist with a bimodal mechanism of action, which is anti-inflammatory and facilitates epithelial repair. (Source: AbbVie Inc., Press Release, March 2024)
Gastrointestinal Drugs Market Report Coverage and Deliverables
The “Gastrointestinal Drugs Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Gastrointestinal drugs market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Gastrointestinal drugs market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Gastrointestinal drugs market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the gastrointestinal drugs market
- Detailed company profiles