(MENAFN- GlobeNewsWire - Nasdaq) The rising prevalence of gastrointestinal disorders and increased awareness of rare diseases are driving the Zollinger-Ellison syndrome treatment market growth.New York, USA, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Market Overview:
The market for Zollinger-Ellison syndrome treatment is on a growth trajectory, according to the latest study by Polaris Market Research. The Zollinger-Ellison syndrome treatment market size was valued at USD 1,346.05 million in 2023 and is projected to grow to USD 1,988.13 million by 2032, exhibiting a CAGR of 4.4% from 2024 to 2032.
Market Introduction:
Zollinger-Ellison syndrome (ZES) is a rare condition in which tumors in the duodenum or pancreas cause the stomach to produce too much acid. The tumors that form with ZES consist of cells that secret large amounts of the hormone gastrin. The increased gastrin levels cause peptic ulcers inside the stomach lining and the intestines. Also, they may lead to belly pain and diarrhea.
Treatment for ZES depends on the stage of the disease and the patient's circumstances. Proton pump inhibitors, which reduce stomach acid production, are the first line of treatment for the condition. Sometimes, surgery may be needed to remove tumors in the digestive tract. In severe cases, chemotherapy may be used to destroy tumors that have spread to other body parts.
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Key Insights from Report:
The availability of improved healthcare infrastructure in developed nations and the increased demand for minimally invasive surgeries are the key factors influencing the market for Zollinger-Ellison syndrome treatment. The Zollinger-Ellison syndrome treatment market segmentation is primarily based on treatment, diagnosis, end users, and region. Based on treatment, the surgical resection segment accounted for the largest market share owing to its effectiveness in managing localized gastrinomas. By region, the report provides market insights into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Zollinger-Ellison Syndrome Treatment Market Scope
| Report Attribute | Details |
| Market Value in 2023 | USD 1,346.05 million |
| Market value by 2032 | USD 1,988.13 million |
| CAGR | 4.4% |
| Base Year | 2023 |
| Historical Data | 2019–2022 |
| Forecast Period | 2024–2032 |
Market Growth Drivers:
Advancements in Diagnostic Technologies : Early and accurate diagnosis plays a key role in managing ZES, as delayed treatment can result in severe complications. Advancements in imaging technologies, primarily somatostatin receptor scintigraphy (SRS), have significantly improved the ability to detect gastrinomas at earlier stages. Also, the development of highly sensitive assays for measuring gastrin levels has improved diagnostic accuracy. Increased Focus on Targeted Therapies : The rising focus on targeted therapies is anticipated to drive the Zollinger-Ellison syndrome treatment market demand in the coming years. Healthcare experts and patients are increasingly preferring targeted therapies to manage chronic conditions like ZES as they can address the root cause of the condition. Rising Emphasis on Minimally Invasive Surgeries : Surgeries remain a crucial option for managing gastrinomas. Minimally invasive techniques, including laparoscopic and robotic-assisted surgical interventions, provide several benefits over traditional options, including reduced complication risks and shorter hospital stays.
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List of Zollinger-Ellison Syndrome Treatment Key Players:
Pfizer Inc. Novartis AG Boehringer Ingelheim International GmbH AstraZeneca plc GlaxoSmithKline plc Eli Lilly and Company Merck & Co., Inc. Mylan N.V. (part of Viatris) Hoffmann-La Roche Ltd. Bristol-Myers Squibb Company
Geographical Analysis:
North America accounts for the largest Zollinger-Ellison syndrome treatment market share. The region's growth is primarily fueled by the presence of a well-established infrastructure and a high prevalence of gastrointestinal conditions. Also, the presence of leading pharmaceutical companies and specialized healthcare providers impacts the regional market favorably.
Asia Pacific Zollinger-Ellison syndrome treatment market is witnessing rapid growth. The increasing healthcare expenditure and growing awareness of rare diseases are driving the demand for ZES treatment in Asia Pacific. Also, the adoption of innovative diagnostic techniques is driving the expansion of the market in the region.
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Market Segmentation:
By Treatment Outlook:
Chemotherapy Surgical Resection Others
By Diagnosis Outlook:
Blood Test CT scan Ultrasound X-Ray Others
By End Users Outlook:
Hospitals Specialty Clinics Others
By Regional Outlook:
North America Europe Germany France UK Italy Spain Netherlands Russia Rest of Europe
Asia Pacific China Japan India Malaysia South Korea Indonesia Australia Vietnam Rest of Asia Pacific
Middle East & Africa Saudi Arabia UAE Israel South Africa Rest of the Middle East & Africa
Latin America Mexico Brazil Argentina Rest of Latin America
Browse PMR's Zollinger-Ellison Syndrome Treatment Market Report Coverage from Different Publications:
The global Zollinger-Ellison syndrome treatment market size is expected to reach USD 1,988.13 million by 2032, exhibiting a CAGR of 4.4% during 2024–2032.
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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