Gastrointestinal Products Market Worth USD 25.85 Billion by 2034 at 6.0% CAGR – Report by Polaris Market Research

New York, USA, Dec. 20, 2024 (GLOBE NEWSWIRE) — Market Stats

The market for gastrointestinal products is projected to grow, according to the latest research study by Polaris Market Research. The gastrointestinal products market size, valued at USD 14.42 billion in 2024, is poised to reach USD 25.85 billion by 2034. It is anticipated to exhibit a robust CAGR of 6.0% from 2025 to 2034.

Market Introduction

Gastrointestinal products are medications or other agents derived from natural products or their derivatives. They are designed to target specific organs within the digestive tract to alleviate symptoms or treat conditions. Gastrointestinal products help with constipation, diarrhea, and other stomach disorders. Consumption of these products helps improve the overall function of the gastrointestinal system and enhances the quality of life for individuals affected by those conditions. Sigmoidoscopes, microwave ablation systems, 4-hour pH impedance testing, pH monitoring devices, and stenting devices are some commonly used gastrointestinal products.

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Market Report Attributes

Top Market Participants

The market’s competitive landscape is characterized by the presence of both established players and new entrants. These players focus on strategic partnerships, innovation, and geographic expansion to enhance their product offerings and improve their global reach. A few of the gastrointestinal products market key players are:

• Abbott Laboratories
• Johnson & Johnson
• Pfizer Inc.
• Bayer AG
• Astellas Pharma Inc.
• Takeda Pharmaceutical Company
• Novartis International AG
• GSK (GlaxoSmithKline)
• Mylan N.V.
• Santen Pharmaceutical Co., Ltd.
• Dr. Reddy’s Laboratories Ltd.

Market Drivers and Opportunities

Drivers:

Increased Prevalence of Gastrointestinal Disorders: The growing prevalence of gastrointestinal disorders such as ulcers and acid reflux has led to increased demand for preventive solutions and effective treatments such as gastrointestinal products, impacting the gastrointestinal products market development favorably.

Rising Focus on Preventive Healthcare: Increased awareness about gut health has prompted consumers to seek options to prevent digestive issues before they get serious. This shift is influenced by improved access to information and the availability of over-the-counter gastrointestinal products, including antacids, supplements, and probiotics.

Opportunities:

Increased Investments: The rising investments by major market participants in the development of targeted therapies are anticipated to provide lucrative gastrointestinal products market opportunities during the forecast period.

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Regional Overview

By region, the gastrointestinal products market research report offers market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America led the market with the largest revenue share in 2024. The regional market dominance is primarily fueled by the growing prevalence of gastrointestinal disorders, such as gastroesophageal reflux disease (GERD) and inflammatory bowel disease (IBD). Also, the presence of an advanced healthcare infrastructure and a strong emphasis on research and development supports the robust market growth in the region.

The Asia Pacific gastrointestinal products market is projected to register the fastest CAGR from 2025 to 2034. Several factors, including rising healthcare expenditures, increasing awareness of gastrointestinal health, and a growing population experiencing lifestyle-related disorders, are driving the demand for gastrointestinal products in the region.

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Market Segmentation

By Devices Outlook

• Endoscopy
  • Colonoscopy
  • Sigmoidoscopes
  • Capsule Endoscopy Systems
  • Other Endoscopy Devices/Accessories
• Ablation System
  • Radiofrequency Ablation System
  • Microwave Ablation System
  • Cryoablation System 
  • Other Ablation System
• Motility Testing
  • Esophageal Manometry
  • 4-Hour Ph Impedance Testing
  • Anorectal Manometry
  • Other Motility Testing
• Biopsy Devices
  • Needle Biopsy Devices
  • Endoscopic Mucosal Resection (EMR) Devices
  • Endoscopic Submucosal Dissection (ESD) Devices
  • Other Biopsy Accessory Products
• Stenting Devices
• pH Monitoring Devices
• Other Gastroenterology Devices

By Disease Outlook

• Inflammatory Bowel Disease (IBD)
• Gastroesophageal Reflux Disease (GERD)
• Irritable Bowel Syndrome (IBS)
• Gastrointestinal Cancer
• Other Diseases

By End User Outlook

• Hospitals
• Ambulatory Surgical Centres and Independent Diagnostic Centres
• Clinics
• Other Und users

By Regional Outlook

• North America
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

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About Polaris Market Research & Consulting, Inc:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.

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