Hemorrhoid Drugs Market Trends

  • Report ID: 3057
  • Published Date: Sep 25, 2024
  • Report Format: PDF, PPT

Hemorrhoid Drugs Market Trends

Growth Drivers

  • Increasing Prevalence of Lifestyle-Based Health Problems
  • Growing Cases of Chronic Constipation among the Individuals
  • Poor Eating Habits, Especially among Older Individuals

Challenges

  • The high cost of over-the-counter drugs
  • Feeling of Embarrassment and Social Shame
  • Increasing Popularity of Home Remedies for Treating Piles

Hemorrhoid Drugs Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3057
  • Published Date: Sep 25, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing prevalence of piles or hemorrhoids on the back of poor diet, lifestyle diseases and obesity, is the major factor driving the market growth.

The market is anticipated to attain a robust CAGR over the forecast period, i.e., 2021-2029.

Social shame and stigma related to hemorrhoids is a major factor estimated to hamper the market growth.

The market in Europe will provide the highest growth opportunities for the market during the forecast period on the back of increasing geriatric population and improving healthcare sector.

The major players in the market are Taro Pharmaceutical Industries Ltd., AstraZeneca, The Himalaya Drug Company, Panacea Biotec Ltd., Abbott Healthcare Private Limited, Sanofi-aventis Groupe, Pfizer Inc., Purdue Pharma L.P and others.
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