In-Depth Analysis of the Global Exocrine Pancreatic Insufficiency (EPI) Market: 2024-2030 Forecasts
MarkNtel Advisors has recently released an in-depth study on the Exocrine Pancreatic Insufficiency (EPI) Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.
What are the primary market insights shaping the trajectory of the industry?
The Global Exocrine Pancreatic Insufficiency (EPI) Market is estimated to grow at a CAGR of around 7.2% during the forecast period, i.e., 2024-30.
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Who are the top companies in the Exocrine Pancreatic Insufficiency (EPI) Market?
- AbbVie Inc .
- Nestlé
- Digestive Care, Inc.
- Alcresta Therapeutics, Inc.
- Organon Group of Companies
- Vivus LLC
- Others
Global Exocrine Pancreatic Insufficiency (EPI) Market Segmentation:
By Treatment Method
- Pancreatic Exocrine Replacement Therapies (PERT)- Market Size & Forecast 2019-2030, USD Million
- Nutritional Therapy- Market Size & Forecast 2019-2030, USD Million
By Distribution Channel
- Hospital Pharmacies- Market Size & Forecast 2019-2030, USD Million
- Retail Pharmacies- Market Size & Forecast 2019-2030, USD Million
- Online Pharmacies- Market Size & Forecast 2019-2030, USD Million
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Regional/ Countries Insight:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
What are the primary market drivers influencing the growth of Exocrine Pancreatic Insufficiency (EPI) Market?
Global Exocrine Pancreatic Insufficiency Market Driver:
Escalating Burden of Exocrine Pancreatic Insufficiency – There has been a significant prevalence of exocrine pancreatic insufficiency across the world. This, in turn, has been attributed to the presence of several patients with cystic fibrosis. For instance, the American Lung Association mentioned in 2022 that there are about 70,000 individuals with cystic fibrosis worldwide. Cystic fibrosis is among the major causes behind the development of exocrine pancreatic insufficiency and with a large percentage of individuals with cystic fibrosis, the cases of exocrine pancreatic insufficiency have increased. As a result, the demand for PERT and nutritional therapy for its treatment has surged, accelerating the overall Exocrine Pancreatic Insufficiency Market.
Similarly,
cancer largely associated with causing exocrine pancreatic insufficiency is also on the rise and is expected to drive the Exocrine Pancreatic Insufficiency Market growth. For instance, according to the Global Cancer Observatory, worldwide in 2022 there were about 511 thousand new cases of pancreatic cancer and by 2045 it will increase to 911 thousand. The estimate suggests that a large group of people worldwide are on the verge of getting affected by exocrine pancreatic insufficiency which would further accelerate the demand for different treatment options available for EPI, thereby driving the overall market for Exocrine Pancreatic Insufficiency.
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