Growth Opportunities in Gene Therapy to Transform Short Bowel Syndrome Treatment

Short Bowel Syndrome Market


The Short Bowel Syndrome Market is estimated to be valued at US$ 188.9 Bn in 2023 and is expected to exhibit a CAGR of 11.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:



Short bowel syndrome is a malabsorptive disorder that occurs when the small intestine does not absorb enough nutrients and water from food. It is a condition usually caused by surgical removal of part of the small intestine, resulting in problems with digestion and absorption of nutrients. SBS patients require parenteral nutrition support for survival.


Market Dynamics:



The short bowel syndrome market is primarily driven by two key factors:

High cost of immunotherapy treatment: Immunotherapy drugs used for treating short bowel syndrome come with a heavy price tag which limits their widespread adoption. For instance, Teduglutide costs over $300,000 annually per patient in the US. This high cost poses significant barriers for patients.

Side effects of immunotherapy drugs: Drugs used for short bowel syndrome often cause unpleasant and sometimes severe side effects. Teduglutide treatment can lead to abdominal pain, vomiting, nausea, diarrhea and injection site reactions. The interference of side effects with daily life discourages patients from opting for immunotherapy.

Market key trends:



The global Short Bowel Syndrome market has been witnessing increasing adoption of parenteral nutrition as a standard treatment option. Parenteral nutrition helps supplement nutrition in patients who cannot eat sufficiently due to intestinal failure caused by short bowel syndrome. The market has also observed growth in small bowel transplantation procedures over the past few years. Research involving intestinal stem cell therapy holds promise to accelerate bowel growth in patients and eventually eliminate the need for parenteral support and nutrition.


SWOT Analysis


Strength: High unmet medical needs and limited treatment options present lucrative growth opportunities.
Weakness: Risks and complications associated with parenteral nutrition and small bowel transplant procedures.
Opportunity: Significant research into new drug therapies, gut modulators, growth factors, and regenerative medicine approaches.
Threats: High cost of immunotherapy treatment, side effects of immunotherapy drugs.

Key Takeaways

The
Global Short Bowel Syndrome Market Size is expected to witness high growth, exhibiting CAGR of 11.5% over the forecast period of 2023-2030, due to increasing research and development of novel therapeutics. The market size in 2023 is US$ 188.9 Bn.

Regional analysis: North America currently dominates the global market due to rising prevalence of intestinal disorders and technological advancements. However, Asia Pacific is expected to grow at fastest pace due to rising healthcare spending and expanding medical tourism industry.

Key players operating in the Short Bowel Syndrome market include Shire Plc., Merck & Co., Inc., Real Food Blends, LLC, VectivBio AG, Ardelyx, Inc., Zealand Pharma A/S, GLyPharma Therapeutic, Inc., Naia Pharmaceuticals, Inc., and others.

Key players analysis: Key players operating in the Short Bowel Syndrome market include Shire Plc., Merck & Co., Inc., Real Food Blends, LLC, VectivBio AG, Ardelyx, Inc., Zealand Pharma A/S, GLyPharma Therapeutic, Inc., Naia Pharmaceuticals, Inc.



Read More - https://www.insightprobing.com/short-bowel-syndrome-market-share-trends-forecasts-growth-and-size-analysis/

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