The global Exocrine Pancreatic Insufficiency (EPI) Therapeutics and Diagnostics market garnered revenue around USD 3.7 Billion in 2019 and projected to reach USD 7.2 Billion in 2027, with at a compound annual growth rate (CAGR) 7.33% throughout the estimate period from 2020 to 2027.
Exocrine pancreatic insufficiency occurs when the pancreas does not release enough digestive enzymes. As a result, food is not digested properly, and the body doesn't receive the nutrition it needs. In people with chronic pancreatitis, EPI tends to develop 5 to 10 years after the onset of chronic pancreatitis and is present in 30-90% of patients.
The exocrine pancreatic insufficiency (EPI) therapeutics & diagnostics market is currently booming one, owing to rise in demand for the products, increase in awareness about technological products. Moreover the strong pipeline and strategic investment by key players are the factors anticipated to drive the growth of market.
North America dominates the global exocrine pancreatic insufficiency (EPI) therapeutics & diagnostics market in 2018 and the trend is anticipated to continue during the forecast period. The growth of market in the region is attributed due to higher cost of prescription in the U.S., surge in demand for EPI therapeutics, and well established healthcare infrastructure
Asia Pacific is likely to be a highly lucrative market for the exocrine pancreatic insufficiency (EPI) therapeutics & diagnostics market and it is expected to expand at a high CAGR during the forecast period. Vast patient pool, increasing healthcare expenditure and demand for newer advanced therapies are key factors likely to boost exocrine pancreatic insufficiency (EPI) therapeutics & diagnostics market in Asia Pacific.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Exocrine Pancreatic Insufficiency (EPI) Therapeutics and Diagnostics market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Exocrine Pancreatic Insufficiency (EPI) Therapeutics and Diagnostics market growth.
The global Exocrine Pancreatic Insufficiency (EPI) Therapeutics and Diagnostics market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Key players in the global exocrine pancreatic insufficiency (EPI) therapeutics & diagnostics market include AbbVie, Inc., Allergan plc, Nordmark Arzneimittel GmbH & Co. KG, Digestive Care, Inc., Janssen Pharmaceuticals, Inc., Cilian AG, Anthera Pharmaceuticals, Inc. and AzurRx Biopharma, Inc.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Exocrine Pancreatic Insufficiency (EPI) Therapeutics & Diagnostics Market, by Type
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: