Short Bowel Syndrome Market Huge Growth Opportunity Trend By 2018-2026
Short bowel syndrome
(SBS) is a malabsorption syndrome caused as a result of the small
intestine not functioning efficiently. One of the prime symptoms of
short bowel syndrome is diarrhea, which leads to dehydration,
malnutrition, and unexplained and drastic weight loss in most the
patients. If left untreated, SBS can lead to complication such as
anemia and kidney stones. The main causes of short bowel syndrome in
children is damaged intestinal tissue, blockage or obstruction in
intestine, gastroschisis, and rotation of the midgut also known as
malrotation and in grown-ups. Short bowel syndrome is detected in
Crohn’s disease, radiation enteritis, and mesenteric ischemia. This
syndrome usually occurs in cases due to surgical elimination of major
portion of small intestine
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Significant
healthcare burden due to short bowel syndrome, especially in
low-income countries
According to Crohn’s
& Colitis Foundation of America, in 2010 there were 10,000–20,000
people in the reported cases of short bowel syndrome, out of which
25% people suffer some or the other complication within two years of
contracting the condition. The rate of absorption decreases and due
of lack of sufficient nutrients to the body, many children die due to
malnutrition. According to Sancilio and Company, Inc, most cases of
short bowel syndrome are due to birth in congenital anomaly, in which
there occurs a rotation of midgut and the child die before the age of
6 years.
According to
Nutrinia Ltd, the existing approach to treat infants suffering from
short bowel syndrome includes proper nutritional, pharmacologic, and
surgical interventions. The objective is to endorse enteral
nutrition, while curtailing the difficulties of parenteral nutrition
therapy. Most of the patients are given long-term parenteral
treatment, which affects the patient and significantly increases the
chances of liver disease, infections, and other complications. Babies
who have substantial short bowel syndrome frequently struggle from
intestinal failure-associated liver disease, bloodstream infections,
and bacterial overgrowth. Furthermore, parenteral nutrition leads to
a substantial economic burden on the general population and the
healthcare system, with overall annual costs ranging from an
estimated US$ 180,000 to US$ 570,000 and more.
GLP-2 drug
class dominates the leading markets in North America and Europe
The global short
bowel syndrome market is segmented on the basis of drug class and
geography. On the basis of drug class, the market is divided into
GLP-2, growth hormone, glutamine and others.
Increasing
prescription of Gattex Therapy for Short Bowel Syndrome in North
America creates a highly lucrative prospect for growth
Regional
segmentation of the short bowel syndrome market by Coherent Market
Insights comprises North America, Europe, Asia Pacific, Latin
America, Middle East, and Africa. North America accounts for the
largest share in global market, mainly due to presence of major
players and early adoption of advanced medical technologies in
countries such as the U.S. and Canada. According to National
Institute of Diabetes and Digestive and Kidney Disease, in 2008,
there were more than 2,000 intestinal transplantations performed in
the U.S., out of which 75% population was of the age group of 18-20
years. These numbers are expected to increase year on year, which
would inadvertently fuel growth of the short bowel syndrome market.
Key players
in the global short bowel syndrome market
Key players
operating the short bowel syndrome market include Ardelyx, Inc.,
Emmaus Life Sciences, Inc., GLyPharma Therapeutic, Inc., Merck KGaA,
Naia Pharmaceuticals, Inc., Nutrinia Ltd., OxThera, Sancilio &
Company, Inc., Shire plc, and Zealand Pharma A/S. Major companies in
the short bowel syndrome industry are constantly working towards
introducing innovative products and lowering production costs in
order to enhance profitability. For instance, Nutrinia Ltd. plans to
begin a critical clinical trial on a drug for short bowel syndrome,
which will aid thousands of patients globally by reducing their
dependence on parenteral nutrition is the major cause of liver
infection.
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Bowel Syndrome Market
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