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India Irritable Bowel Syndrome Treatment Market Forecast 2021-2026

The India irritable bowel syndrome treatment market is registered to record a CAGR of 11.64%, across the forecast period. The depletion of potable drinking water, the lack of proper sanitation, and the increased prevalence of irritable bowel syndrome are expected to propel the country's market growth. The base year considered for the market study is 2020, and the forecast years are from 2021 to 2026.

According to a 2018 article, the incidence of irritable bowel syndrome (IBS) within the Indian community, ranges from 10% to 20%. Although sexual function, psychiatric disorders, pelvic pain, work absenteeism, and gastroesophageal reflux diseases were ideally associated with irritable bowel syndrome in the country, marital status, sex, socioeconomic status, and religion, were not.
In addition to the aspects mentioned earlier, the depletion of potable drinking water and adequate sanitation further leads to disorders of the digestive system. They are also among the major causes of most water-borne diseases and digestive disorders. Moreover, India's surging geriatric population plays an essential role in augmenting the market growth, as well. For instance, as per the Population Census, nearly 104 million elderly individuals, aged 60 and above, live in the country. Therefore, these factors are expected to fuel the irritable bowel syndrome treatment market growth in India during the forecast period.

Some of the leading companies operating in the market are, Novartis AG, Abbott Laboratories, Allergan PLC, AstraZeneca PLC, etc.

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India Irritable Bowel Syndrome Treatment Market Forecast 2021-2026
Published By :Inkwood Research
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