The global pharmaceutical suppositories market revenue was US$ 1,410.93 million in 2020. The global pharmaceutical suppositories market revenue is forecast to reach US$ 2,402.46 million by 2030, growing at a compound annual growth rate (CAGR) of 5.7% during the forecast period from 2021-2030.
A suppository is a solid form of medication designed for placement into body cavities other than the mouth. It is possible to place them in the urethra, rectum, or vaginal canal. The items melt or dissolve in the cavity fluids after insertion, releasing the drugs. There are three suppositories, each with a different insertion site: rectal, vaginal, and urethral. In addition, these medications have an on-site effect. Further, there is no first-pass effect, which prevents the metabolism of the drug. Suppositories are effective in delivering bitter and obnoxious drugs. The use of suppositories in pediatric medicine is popular for treating symptoms of constipation. It may, however, cause mucosal irritation at the site of use, limiting its use.
Factors Influencing Market Growth
The rise in the geriatric population is driving growth in the pharmaceutical suppositories market. Rectal drug delivery is a great alternative in these populations.
Various benefits of suppositories, such as quick absorption of low molecular weight drugs and the potential for absorption into the lymphatic system, are likely to drive market growth during the forecast period.
Pharmaceutical suppository demand is low in underdeveloped countries. Thus, this factor may slow down the global market growth.
Rising market growth potential in emerging markets is forecast to create lucrative business opportunities for the global market during the forecast period.
Impact Analysis of COVID-19
COVID-19 had negatively impacted the global pharmaceutical suppositories market. It is due to factors such as disruptions in the distribution chain, financial problems, labor shortages, and an increase in the supply and demand gap. Nonetheless, this situation will likely change after the COVID-19 pandemic in the coming years.
Regional Insights
Geographically, North America held dominance for the largest share in the pharmaceutical suppositories market. As a result of the well-developed healthcare industry in the region, the presence of leading manufacturers, and the high adoption rate of suppositories.
During the forecast period, Asia-Pacific is forecast to grow at the fastest pace. Several factors contribute to this, including an aging population, an increase in constipation and hemorrhoids, and improved access to healthcare in the region.
Leading Competitors
The leading prominent companies profiled in the global pharmaceutical suppositories market are:
Bayer Ag
Bliss Gvs Pharma Limited
Cadila Healthcare Limited
Church and Dwight UK Limited
Cosette Pharmaceuticals, Incorporated
Glenmark Pharmaceuticals Limited
Intas Pharmaceuticals Limited
Novartis International Ag
Pfizer Incorporated
Sanofi S.A.
Other Prominent Players
Scope of the Report
The global pharmaceutical suppositories market segmentation focuses on Type, Base, Distribution Channel, End-User, and Region.
Segmentation based on Type
Rectal Suppositories
Vaginal Suppositories
Urethral Suppositories
Segmentation based on Base
Fatty Bases
Water Miscible Base
Glycero Gelatin Base
Soap Glycerin Suppositories
Polyethylene Glycol Bases
Emulsifying Bases
Witepsol
Massa Esterium
Massuppol
Segmentation based on Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Sales
Segmentation based on End-User
Hospitals & Clinics
Home Care
Nursing Home
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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