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Early Detection and Innovative Treatments to Help Boost Gastrointestinal Drug Sales to $44 Billion

By: Arts & Entertainment News

Advances in the detection and treatment of gastrointestinal (GI) disorders, as well as the wide acceptance of popular GI remedies by an aging population, will help the global market for gastrointestinal drugs increase by 9% over the next several years to surpass $44 billion by 2010.

According to The Worldwide Market for Prescription Gastrointestinal Drugs, a new study released today from Kalorama Information, growth is expected to continue for all segments as testing and therapeutic advancements continue to develop. Advanced treatments are expected to provide the cancer segment with the highest growth of 19.8%, followed by the Crohn’s Disease segment, which the report anticipates will grow by 15.9%. 2005 sales of GI drugs, which included popular antiemetics, H2 receptorantagonists, proton pump inhibitors (PPIs), and antacid/antiulcer therapeutics, topped $29 billion, up 11.9% from 2003.

Covering the most commonly used and innovative therapeutics for a wide range of GI disorders, including heartburn, GERD, ulcerative colitis, and irritable bowel syndrome among others, the report provides a comprehensive look at both the present and future of the GI therapeutic market.

“Technological advancements such as virtual colonoscopy and PillCam ESO are providing increased ability to detect and diagnose a wider range of GI disorders,” notes Melissa Elder, the report’s author. “These advances are making testing procedures more agreeable for those suffering from GI disorders. This in turn is leading the ever-increasing elderly population to seek treatment and utilize today’s advanced therapeutics, which have become more targeted and better tolerated by the millions who suffer from GI maladies worldwide.”

The Worldwide Market for Prescription Gastrointestinal Drugs discusses common gastrointestinal diseases and conditions. Each segment provides an overview, a detailed description of products on the market, profiles of manufacturers and developers, products in research and development, and market estimates and forecasts by geographical region. Also included are current issues and trends affecting the industry and what trends may arise in the future. The report can be purchased directly from Kalorama Information by clicking http://www.kaloramainformation.com/pub/1190817.html. It is also available at MarketResearch.com.

About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent market research for the life sciences. For more information, contact Tom Ehart at 240-747-3014, or visit www.KaloramaInformation.com

Article Source: http://www.share.onlypunjab.com

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