The global bisacodyl market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Bisacodyl is an organic compound that is used as a stimulant laxative drug and is prescribed for the relief of constipation and the management of neurogenic bowel dysfunction. It is also used as part of bowel preparation before medical examinations, such as for a colonoscopy. The major factor for the growth of the market during the forecast period is the rising prevalence of constipation related diseases.
According to the National Center for Biotechnology Information (NCBI), more than 4 million people in the US have frequent constipation which corresponded to a prevalence of about 2%. Additionally, as per the same source, constipation is the most common digestive complaint in the US. Furthermore, constipation is also caused due to the treatment of cancer. Hence, the rising prevalence of cancer is further driving the growth of the global bisacodyl market.
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Some major key players in the market include GlaxoSmithKline plc, Sanofi S.A., and Cipla Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2021, Shilpa Medicare launched PRUCALSHIL (Prucalopride), orally disintegrating strips of 1 mg and 2 mg in India for the treatment of chronic constipation.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered–
· By Type
· By Application
• Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape- GlaxoSmithKline plc, Sanofi S.A., and Cipla Ltd., among others.
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Global Bisacodyl Market Report by Segment
By Type
• Low Purity
• High Purity
By Application
• Constipation
• Neurogenic Bowel Dysfunction
• Others
Global Bisacodyl Market Report by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
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