According to a new report, published by KBV research, The Global Pancrelipase Market size is expected to reach $2.6 billion by 2030, rising at a market growth of 4.7% CAGR during the forecast period.
The Adults & Geriatrics segment is registering a CAGR of 4.5 % during the forecast period. Adults with chronic pancreatitis may experience a decline in pancreatic function, resulting in insufficient enzyme production. Pancrelipase is prescribed to assist in the digestion of fats, proteins, and carbohydrates, helping alleviate malabsorption and nutritional deficiencies. Chronic pancreatitis is a disorder characterized by inflammation of the pancreas, often leading to irreversible damage to the organ. Adults with these conditions may experience pancreatic insufficiency, and pancrelipase can be prescribed to improve digestion and prevent malabsorption.
The Drug Store & Retail Pharmacies segment led the Global Pancrelipase Market by Distribution Channel in 2022; thereby, achieving a market value of $1.4 Billion by 2030. Availability may vary by country and even within regions due to different regulatory frameworks governing prescription medications. Some nations may have specific regulations regarding the dispensing of prescription drugs. The policies of individual pharmacies also influence the availability of pancrelipase. Larger retail chain pharmacies and independent pharmacies may have different protocols for stocking and dispensing prescription medications.
The Chronic Pancreatitis segment is growing at a CAGR of 4.4 % during the forecast period. Pancrelipase is typically taken with meals or snacks to coincide with food intake. The dosage is often determined based on the fat content in the diet, and adjustments may be made based on the patient's response. Chronic pancreatitis is a long-term condition that needs ongoing management. Pancrelipase may be part of a comprehensive treatment plan to address symptoms, prevent complications, and improve the patient's overall well-being. Chronic pancreatitis can lead to malabsorption of nutrients, resulting in nutritional deficiencies. Pancrelipase helps break down complex nutrients into smaller, absorbable components, promoting proper nutrient absorption.
Full Report: https://www.kbvresearch.com/pancrelipase-market/
The North America region dominated the Global Pancrelipase Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.3 Billion by 2030. The Europe region is anticipated to grow at a CAGR of 4.5% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 6.1% during (2023 - 2030).
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