Constipation is a common gastrointestinal disorder characterized by infrequent bowel movements and difficult stool passage. It can be acute or chronic, and can be caused by a variety of factors, including diet, lifestyle, and medications.
The global constipation treatment market is expected to grow at a CAGR of 7.60% during the forecast period of 2023-2028, reaching a value of USD 29.29 billion by 2028. The market growth is being driven by a number of factors, including:
Regional Trends
North America is the largest market for constipation treatment, followed by Europe and Asia-Pacific. The North American market is expected to continue to dominate the global market throughout the forecast period. This is due to the high prevalence of chronic constipation in the region, as well as the presence of a large number of product manufacturers and well-established healthcare facilities.
The Asia-Pacific market is expected to grow at the fastest CAGR during the forecast period. This is due to the growing geriatric population, rising disposable incomes, and increasing awareness of constipation treatments in the region.
Key Players
The major players operating in the global constipation treatment market include:
Conclusion
The global constipation treatment market is expected to grow significantly in the coming years, driven by a number of factors, including the rising geriatric population, increasing R&D investments, and sedentary lifestyle. North America is expected to remain the largest market, while Asia-Pacific is expected to grow at the fastest CAGR.