Irritable Bowel Syndrome Market Size, Share, By Drug Type (Lubiprostone, Linaclotide, Eluxadoline, Rifaximin, Alosetron, and Others), By Medical Condition (IBS Diarrhea and IBS Constipation), By Distribution Channels (Hospital Pharmacies, Online Pharmacies, and Retail Pharmacies), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI43419 | Publish Date: March 2024 | No. of Pages: 182

Global Irritable Bowel Syndrome IBS Overview

Irritable bowel syndrome market size was valued at USD 3.5 Billion in 2024 and is expected to reach USD 7.5 Billion by 2034, growing at a CAGR of 8.8%

Irritable Bowel Syndrome, often abbreviated as IBS, is a common gastrointestinal disorder characterized by abdominal pain, bloating, and alterations in bowel movements without any organic structural damage. It simply means that there is not any particular identifiable cause since it is of a functional disorder. Great variations in the symptom manifestation are characteristic and common in this pathology, hence making IBS hard to diagnose. Diet, stress, and gut motility are among the factors that may trigger symptoms of IBS. There are several subtypes of IBS, including IBS-D (diarrhea), IBS-C (constipation), and IBS-M (mixed), which are based on the predominant symptoms. Diagnosis is made by ruling out other conditions through the patient's medical history, physical examinations, and supplementary tests as required. Over the years, the IBS market has grown phenomenally due to increased awareness about the disease, its diagnosis, and treatment options. As more people turn to medical aid for gastrointestinal disorders, pharmaceutical companies intensify their efforts to create new therapies. Improving one's understanding of mechanisms associated with IBS, introducing personalized medicine, and the increasing use of telemedicine have caused market expansion. It played a key role in linking with health professionals to increase accessibility, thereby decreasing barriers to diagnosis and treatment. This has shifted focus to patient-centered care, from creating solutions by dietary interventions to advanced medications.

Global Irritable Bowel Syndrome IBS Dynamics

Key Drivers of Target Market:

Increasing Prevalence of IBS to Boost the Market Growth:

  • Factors propagating growth in the IBS market are many. Firstly, an increasing prevalence rate of IBS globally has increased pressure to develop effective treatment options, accelerating market growth. Added to this is raising awareness amongst health professionals and patients regarding the condition, which is essential in accelerating diagnosis at an early stage, hence fuelling the market's growth further. Besides, altering lifestyle factors and eating habits play a principal role in the increasingly rising prevalence of IBS, thus creating a dire need for proper management. The market meets this need through an array of pharmaceuticals, dietary supplements, and lifestyle modifications available to suit different needs among patients. Technology innovation in diagnostic tools and therapies has been the main driver of the IBS market landscape. Innovations in diagnostic techniques, such as the development of advanced imaging techniques and molecular diagnostics, make it possible to identify IBS accurately and at the right time, which will help improve the treatment outcomes. Digital health solutions and the integration of telemedicine also made patient management and support accessible.

Rising Geriatric Population to Expand the Market:

  • In addition, growing geriatric populations are more prone to gastrointestinal problems, thus boosting this market growth. There is enormous potential in the aging demographic because it will go through higher incidents of IBS-related symptoms, ensuring increased demand for better treatment options. Collaborative research initiatives and rising investments in R&D activities make up for an extended IBS market. Pharmaceutical companies join academic institutions in the quest to develop novel therapeutic approaches that target the underlying mechanisms of IBS, thereby providing a robust pipeline of potential treatments. Patients gain better awareness of the symptoms of IBS and the treatments available, leading to an increased interest in seeking medical assistance. Informed patients force demand for IBS management solutions.

Restrains:

High Cost of Medications to Impede Market Growth:

  • The high cost of drugs for IBS and other therapies can prove to be a discouraging factor for many patients, thus crafting a barrier to access. It may eventually translate into reduced adherence to the treatment and thereby affect the growth prospect of the market. The diagnosis procedure's complexity is a barrier to this market's growth. Lack of diagnostic tests means the condition may often be diagnosed late or misdiagnosed, delaying timely interventions. The influence of psychosocial factors, like stress and anxiety, on IBS exacerbations, in turn, makes the management of the condition quite complicated.

Opportunities:

Pharmaceutical Development:

  • Development of medications that would act on a particular symptom of IBS, such as abdominal pain, constipation, or diarrhea; research in treatments that are tailored to the specific IBS subtype and genetic profile of each patient; and research in biologics and other new classes of drugs that will be able to offer more effective treatment options with fewer side effects.

Digital Health and Remote Monitoring:

  • Expansion of telemedicine services for remote diagnosis, monitoring, and management of IBS. Development of apps to help patients monitor symptoms, diet management, and communication with healthcare providers. Developing wearable technology that tracks gastrointestinal activity and provides timely feedback to patients and doctors will be instrumental. Such opportunities will pave the way for major updates in treating and managing IBS, further improving the quality of life of those affected by this condition. In particular, digital health and remote monitoring are transformative ways of managing IBS, using technology to advance patient care and improve outcomes while empowering patients in managing their condition.

Global Irritable Bowel Syndrome IBS Segmentation

The market is segmented based on Drug type, Medical conditions, distribution channel, and Region.

Drug type Insights:

  • Lubiprostone: Lubiprostone activates chloride channels in the intestine, increasing fluid secretion, softening stools, and promoting defecation. It is primarily indicated for IBS with constipation, chronic idiopathic constipation, and opioid-induced constipation. Side effects include nausea, diarrhea, headache, and abdominal pain.
  • Linaclotide: Guanylate cyclase-C receptor agonist that promotes the increase in cyclic GMP, which leads to enhanced fluid secretion and accelerated intestinal transit. This is indicated in IBS-C and chronic idiopathic constipation. Common adverse effects include diarrhea, abdominal pain, and flatulence.
  • Eluxadoline: Mixed mu-opioid receptor agonist and delta-opioid receptor antagonist, which reduces bowel contractions and pain. They are indicated for IBS with diarrhea. Side effects include nausea, constipation, abdominal pain, risk of pancreatitis in patients without a gallbladder.
  • Rifaximin: This is a broad-spectrum antibiotic that exerts its effect on gut bacteria, changing the microbiota and, thus, reducing symptoms. It has an indication for IBS-D and traveler's diarrhea. Common side effects include nausea and increased liver enzymes, and it can lead to antibiotic resistance.
  • Alosetron: 5-HT3 receptor antagonist—delays gut transit and reduces visceral pain. Severe IBS-D in women who have not responded to other treatments. Side effects: constipation, ischemic colitis, and complications of severe constipation. Use is limited because of possible side effect severity.
  • Other Medications: Antispasmodics-Used to relieve abdominal pain and cramps, e.g., hyoscine, dicyclomine; Antidepressant- Low doses of the tricyclic antidepressants and the SSRI help control pain and mood disorders associated with IBS.

Medical Condition Insights:

  • IBS with Diarrhea (IBS-D): Eluxadoline, Rifaximin, Alosetron, antispasmodics, dietary changes (low FODMAP diet), stress management, probiotics. Attention is given to reducing diarrhea and abdominal discomfort, managing bowel frequency, reducing urgency, and alleviating pain.
  • IBS with Constipation (IBS-C): Lubiprostone, Linaclotide, osmotic laxatives, and fiber supplements. Dietary fiber and fluid intake augmentation, regular physical activity, and probiotics. Focus on easing defecation and reducing straining. Features promote regular defecation, soften stools, and decrease abdominal discomfort.

Distribution Channels Insights:

  • Hospital Pharmacies: Dispense medications to inpatients and outpatients. Most medications are given right after diagnosis or even for acute symptom management. This entails easy and direct access to health professionals, immediate access to prescribed medication, and individual patient counseling—limited operating hours and requiring the patient's visit to the hospital.
  • Online Pharmacies: Provide easy accessibility to drugs through home delivery. Gaining popularity with refills and chronic therapy, it provides 24/7 accessibility, competitive prices, home delivery convenience, and a greater variety of products. Potential problems with the authenticity of medications and delays in delivery. Minimal instant interaction with doctors and pharmacists.
  • Retail Pharmacies: Be an initial source of prescription and over-the-counter medications for the public in general. The advantages of this approach include convenience of location and hour, face-to-face time with pharmacists for consults, and immediate access to medications. Joining a queue, varying stock availability, and possibly requiring a particular order are the snags that need to be faced for some types of medications.

Regional Insights

  • North America: The North American Irritable Bowel Syndrome market is propelled by Increasing Prevalence of IBS to Boost Market Growth, Rising Geriatric Population to Expand the Market, and the use of AI in Irritable Bowel Syndrome administration.
  • Asia Pacific: The Asia Pacific area is poised for solid expansion in the Irritable Bowel Syndrome market, owing to rising energy consumption, rapid urbanization, and increased renewable energy use. Government measures to modernize electrical systems and increase dependability are critical.
  • Europe: Europe is on track to become the world’s largest irritable bowel syndrome market, powered by the Increasing Prevalence of IBS to Boost Market Growth and the rising Geriatric Population to Expand the Market. The region's robust and smart grid infrastructure and supportive legislative framework.
  • Latin America: The irritable bowel syndrome market in Latin America is predicted to rise gradually, Increasing Prevalence of IBS to Boost the Market Growth, Rising Geriatric Population to Expand the Market, reduce power outages, and increase energy efficiency through demand-side management.
  • Middle East and Africa: This region is seeing increased interest in HYDROGEN FUEL CELL VEHICLEs, particularly in countries with high renewable energy objectives and needing greater grid stability. Target markets are viewed as a solution for managing peak demand in fast-developing urban regions while supporting rural development efforts.

Irritable Bowel Syndrome Market Report Scope:

Attribute

Details

Market Size 2024

USD 3.5 Billion 

Projected Market Size 2034

USD 7.5 Billion

CAGR Growth Rate

8.8%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Drug Type - Lubiprostone, Linaclotide, Eluxadoline, Rifaximin, Alosetron, and others

By Medical Condition - IBS Diarrhea and IBS Constipation

By Distribution Channels - Hospital Pharmacies, Online Pharmacies, and Retail Pharmacies

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on drug type, medical condition, distribution channels and region

Segmentation:

By Drug Type:

  • Lubiprostone
  • Linaclotide
  • Eluxadoline
  • Rifaximin
  • Alosetron
  • Others

By Medical Condition:

  • BS Diarrhea
  • IBS Constipation

By Distribution Channels:

  • Hospital Pharmacies
  • Online Pharmacies
  • Retail Pharmacies

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Irritable Bowel Syndrome IBS Key Players

The key players operating the Irritable Bowel SyndromeMarket include Ironwood Pharmaceuticals, Allergan plc, Astellas Pharma Inc., Takeda Pharmaceutical Company Ltd., Mallinckrodt Pharmaceuticals, Salix Pharmaceuticals, AstraZeneca plc, Sebela Pharmaceuticals inc., Synergy Pharmaceuticals inc., and Ardelyx inc.

Global Irritable Bowel Syndrome IBS Key Issues Addressed

  • In June 2023, Tech Mahindra, a provider of digital transformation, business re-engineering, and consulting services and solutions, announced a collaboration with Espressive, an automating digital workplace assistance firm. The partnership will offer their customers cost-effective and autonomous work environment assistance through Expressive Barista, an AI-based virtual support agent (VSA).
  • In May 2023, Lenovo Solutions and Services Group (SSG) launched Digital Workplace Solutions (DWS), a new managed services portfolio of intelligent tools and systems. Digital Workplace Solutions (DWS) delivers work-related technology, efficiency, security, and employee satisfaction so executives can achieve key performance outcomes.

Global Irritable Bowel Syndrome IBS Company Profile

  • Ironwood Pharmaceuticals *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Allergan plc
  • Astellas pharma inc.
  • Takeda Pharmaceutical Company Ltd.
  • Mallinckrodt Pharmaceuticals
  • Salix pharmaceuticals
  • AstraZeneca plc
  • Sebela Pharmaceuticals inc
  • Synergy Pharmaceuticals inc.
  • Ardelyx inc.

“*” marked represents similar segmentation in other categories in the respective section.

Global Irritable Bowel Syndrome IBS Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Drug type
    • Market Snippet, By Medical Condition
    • Market Snippet, By Distribution Channel
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, By Drug Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Lubiprostone
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Linaclotide
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Eluxadoline
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Rifaximin
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Alosetron
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Medical Condition, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • IBS Diarrhea
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • IBS Constipation
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Distribution Channel, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hospital Pharmacies
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Online Pharmacies
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Retail Pharmacies
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Drug Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Medical Condition, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Drug Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Medical Condition, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Drug Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Medical Condition, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Drug Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Medical Condition, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Drug Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Medical Condition, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Ironwood Pharmaceuticals
  • Allergan plc
  • Astellas pharma inc.
  • Takeda Pharmaceutical Company Ltd.
  • Mallinckrodt Pharmaceuticals
  •  Salix pharmaceuticals
  • AstraZeneca plc
  • Sebela Pharmaceuticals inc.
  • Synergy Pharmaceuticals inc.
  • Ardelyx inc.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Irritable bowel syndrome market size was valued at USD 3.5 Billion in 2024 and is expected to reach USD 7.5 Billion by 2034, growing at a CAGR of 8.8%

The Irritable Bowel Syndrome Market is segmented into Drug type, medical conditions, distribution channel, and Region.

Factors driving the market include Increasing Prevalence of IBS to Boost the Market Growth, Rising Geriatric Population to Expand the Market.

The Irritable Bowel Syndrome Market's restraints include High Cost of Medications to Impede Market Growth

The Irritable Bowel Syndrome Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating in the Irritable Bowel Syndrome Market include Ironwood Pharmaceuticals, Allergan plc, Astellas Pharma Inc., Takeda Pharmaceutical Company Ltd., Mallinckrodt Pharmaceuticals, Salix Pharmaceuticals, AstraZeneca plc, Sebela Pharmaceuticals Inc., Synergy Pharmaceuticals Inc., and Ardelyx Inc.