Market Size of Short Bowel Syndrome Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 12.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Short Bowel Syndrome Market Analysis
The short bowel syndrome (SBS) market is anticipated to grow with a CAGR of 12.1%, during the forecast period.
Covid-19 is expected to impact the short bowel syndrome up to a certain level due to the complexity of the disease. For instance, according to a study published in the Journal of Parenteral and Enteral Nutrition in August 2022, short bowel syndrome (SBS) has been considered a risk factor in Covid-19 patients due to the complexity of the short bowel syndrome disease, the need for interdisciplinary treatment, and the frequency of caregiver contacts. This might have impacted the market growth due to the increased adoption of SBS drugs. During the initial phase of the pandemic, the market has seen a lack of pace due to supply chain restrictions. Furthermore, the market is expected to take until mid of 2023 to reach pre-COVID demand. Until then, the production facilities are expected to recover with a skewed production schedule, which may fluctuate based on demand.
The major factors attributing to the growth of the SBS market are the increased prevalence of GI disorders such as volvulus, Inflammatory bowel disease (IBD), Crohn's disease (CD), and mesenteric ischemia, rising awareness by non-profit organizations, and rising initiatives from the key players in the launch of key products, among others.
According to the study published in Surgery Today in January 2021, SBS is expected to occur in 24.5 out of every 100,000 live births and a comprehensive assessment is necessary before choosing among the available nutritional, medicinal, and surgical therapy. Therefore, the high prevalence of SBS is expected to drive market growth due to the adoption of therapies to combat the syndrome.
Furthermore, the rising initiatives from the market players in the development of therapies for SBS are expected to drive market growth over the forecast period. For instance, in June 2022, 9 Meters Biopharma, a clinical-stage company released positive preliminary topline results from the phase II study of VurolenatIde for SBS. Therefore, the rising research activities by the market players will lead to the development of novel therapies for SBS, thereby leading to increased adoption, and driving market growth.
Therefore, the rising prevalence of GI disorders and increasing launches of therapies for SBS is expected to drive market growth. However, the lack of availability of approved drugs in developing countries and lethal adverse complications like colonic cancer, and polyps along with common side effects associated with the medication are the factors expected to hinder the market growth.
