The presence of a handful of companies in the global market for exocrine pancreatic insufficiency (EPI) therapeutics and diagnostics has rendered the vendor landscape largely consolidated and mildly competitive, observes Transparency Market Research in a new report. Companies contributing to the global EPI therapeutics and diagnostics market are mostly concentrated in Europe and North America.
Some of the leading companies in the market are Nordmark Arzneimittel GmbH & Co. KG, AbbVie, Inc., Cilian AG, Digestive Care, Inc., Janssen Pharmaceuticals, Inc., Anthera Pharmaceuticals, Inc., Allergan plc, and AzurRx BioPharma, Inc.According to the report, the global market for exocrine pancreatic insufficiency (EPI) therapeutics and diagnostics was valued at US$3,397.5 mn in 2016 and is estimated to reach US$6,414.4 mn by 2025, registering a CAGR of 7.2% from 2017 to 2025.
North America to Remain Dominant Regional Market
Of the key diagnostics tests used for diagnosing EPI, including computerized tomography (CT) scanning, magnetic resonance imaging (MRI), endoscopic ultra-sonography (EUS), and blood tests, the segment of CT scanning presently accounts for the dominant share in terms of revenue contribution to the global market. The segment is likely to remain the most in-demand modality for EPI diagnosis in the years to come, albeit lose some grounds owing to the easy availability of other more sensitive techniques such as MRI.