Growth Opportunities in Gene Therapy to Transform Short Bowel Syndrome Treatment
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| 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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