The Infinium Global Research analyzes the Exocrine Pancreatic Insufficiency Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global exocrine pancreatic insufficiency market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of exocrine pancreatic insufficiency.
The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the exocrine pancreatic insufficiency market during the period. The global exocrine pancreatic market is anticipated to grow at a CAGR between 8.0% – 8.6% over the period of 2017 to 2023.
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Exocrine pancreatic insufficiency (EPI) is a condition characterized by the deficiency of the exocrine pancreatic enzymes, resulting in the inability to digest food properly, or maldigestion. EPI is caused by a progressive loss of the pancreatic cells that make digestive enzymes. Exocrine pancreatic insufficiency disturbs the normal growth, life expectancy and response from the immune system. The therapeutics presently dominant in the market are lifestyle changes, management of nutritional intake enzyme replacement. The diagnostics techniques are blood sample test, various diagnostic imaging procedures and others.
Presence of a Significant Number of Pipeline Drugs and Lipase Treatment in Diabetic Patients Optimizes the Chymotrypsin and Trypsin Level is Expected to Drive the Global Market
Increasing global incidences for exocrine pancreatic insufficiency, demands of advanced therapeutics and presence of a significant number of pipeline drugs are prime reasons for the increasing demand for advanced therapeutics globally. Furthermore, the presence of a significant number of pipeline drugs and lipase treatment in diabetic patients optimizes the chymotrypsin and trypsin level is expected to drive the global market for the exocrine pancreatic insufficiency market over the forecast period. The lack of technological reach and insufficiently advanced treatments are the key restraints of the exocrine pancreatic insufficiency market in developing regions. The stringent approval and sales regulations pertaining to drugs and therapeutics restrains the growth of the market. A substantial number of new chemical entities (NCEs) in various phases of clinical trials that will emerge in the global market is the main opportunity in the market.
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Exocrine Pancreatic Insufficiency Market: Segmentation
The EPI market has been segmented on the basis of the Mode of disease management, therapeutic drugs, and diagnostic tests. Mode of disease management contains nutrition management, PERT (Program Evaluation Review Technique). PERT is the main treatment for EPI, it replaces the digestive enzymes that your pancreas isn't producing anymore. Therapeutics drug consists of Creon, Zenpep, Pancreaze, Ultresa, and Pertzye. The 3 main tests used to diagnose EPI are the Fecal elastase test, the Fecal fat test, and the Direct pancreatic function test. Direct pancreatic function test is considered the most accurate way to assess the exocrine function of your pancreas.
North America Dominated the Global Market of Exocrine Pancreatic Insufficiency
North America dominated the global market of exocrine pancreatic insufficiency by accounting for the largest market share owing to high public awareness about EPI and the availability of advanced treatment methods. While the Asia Pacific region is expected to grow at the highest CAGR over the forecast period due to due to its high population and accelerated demand for accurate and reliable treatment of exocrine pancreatic insufficiency (EPI).
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Key Players in the Exocrine Pancreatic Insufficiency Market
Some of the industry participants of the global functional flours market are AbbVie Inc., Allergan plc, Digestive Care, Inc., Cilian AG, Anthera Pharmaceuticals, Inc., and AzurRx Biopharma, Inc. MSD Inc. among the others.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the exocrine pancreatic insufficiency.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2023.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.