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North America is expected to hold a significant share in the overall market growth of exocrine pancreatic insufficiency treatment. This can be associated with a large percentage of geriatric population, huge investments into research and drug development (R&D) projects, and the growth of the healthcare sector in the region. In addition to this, the increasing presence of diabetes due to unhealthy eating habits, rising awareness regarding EMI, and inflating disposable incomes are further predicted to have a positive influence over the regional market. Apart from this, pancreatic enzyme replacement therapy (PERT) aids in the digestion and the absorption of fats. This is expected to result in a substantial share of this segment in the overall market over the forecast period. The dominance of the segment can further be associated with its status as a conventional therapy. PERT is recommended to patients with EPI witnessing weight loss and malnutrition.
AzurRx Biopharma (NASDAQ: AZRX), a leading player in the global market for exocrine pancreatic insufficiency treatment in August 2021, announced positive results from its Phase 2 combination trial evaluating MS1819 along with the current standard of care, porcine-derived pancreatic enzyme replacement therapy (PERT), for the treatment of severe exocrine pancreatic insufficiency in patients with cystic fibrosis (CF). The study demonstrated positive improvements in weight gain and other secondary endpoints. AzurRx is now developing a new enteric-coated microbead formulation for MS1819 and plans to initiate a bridging study in 2022 evaluating the formulation as a single-agent therapy. Such developments by leading market players are enhancing the growth of the market.
Market Analysis by Disease Management, Diagnosis, and Region:
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The major players in the global exocrine pancreatic insufficiency treatment market are AbbVie Inc., Janssen Global Services, LLC, Chiesi Farmaceutici S.p.A., Nordmark Arzneimittel GmbH and Co. KG, Digestive Care, Inc, Cilian AG, Anthera Pharmaceuticals, Inc., Allergan plc., First Wave BioPharma, Inc. (AzurRx), and Aptalis Pharma Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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