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Anal Fissure Market Analysis Size, Share, Statistics, Trends, Strategy, Segmentation Analysis, Competitor Landscape, Regional Study and Forecast to 2023

January 30th, 2020 Market Research Future Releases

Anal Fissure Market Highlights

The global anal fissure treatment market is expected to attain USD 2.6 Bn and capture a CAGR of 5.2% over the forecast period of 2017-2023. An anal fissure is a painful medical condition where the anal canal has been torn and is accompanied by pain and bleeding during and after defecation. There has been a steep rise in the incidence of anal fissures which is, in turn, propelling the market for anal fissure treatment.

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The anal fissure market is primarily driven by growing prevalence of constipation, diarrhea, tuberculosis, carcinoma, acquired immunodeficiency syndrome (AIDS), and inflammatory bowel disease, etc. The rise in the geriatric population who are at a higher risk of developing anal fissures owing to decreased blood flow to the anus is also a chief driver of the market. Bad eating habits, leading to stressful and hectic life, and sedentary lifestyle observed among all age groups are even driving the market for anal fissure treatment. Growing awareness about available treatment options, advancement in drugs and surgical processes such as laser therapy and reduced social stigma associated with its treatment spur the growth of the market. Other drivers include rising cases of tuberculosis, carcinoma, acquired immunodeficiency syndrome (AIDS), inflammatory bowel disease. Additionally, hormonal changes in women during pregnancy cause constipation which results in anal fissures. Childbirth trauma also leads to anal fissures. Other factors include indulgence in anal sex, ulcerative colitis, and Crohn’s disease. Lack of proper reimbursement policy for anal fissure treatment, the risk of incontinence associated with surgery, loss of patents on drugs which result in generic penetration and low returns on investments are a major hindrance to the market.

Anal Fissure Market Segmentation

The global Anal Fissure Market has been segmented based on drugs and surgery. By drugs, the market has been segmented into topical nitroglycerin, calcium channel blockers, stool softeners, and others. By surgery, the market has been segmented into lateral internal sphincterotomy, anal dilation, and others. Medication is generally the preferred line of treatment for anal fissures whereas surgical procedure is only preferred when medicine fails. Among surgical procedures, a lateral internal sphincterotomy is preferred over anal dilation since anal dilation is subject to higher risks of anal incontinence. 

Anal Fissure Market Regional Analysis

The key markets of the global anal fissure treatment market are North America, Europe, Asia-Pacific, and the Middle East & Africa. Asia-Pacific is estimated to lead the market owing to unmet medical needs of a large population pool and falling prices of anal fissure treatment, growing number of hospitals and increased expenditure on healthcare due to rise in disposable income in the region. The US accounts for a significant share of the market due to favorable reimbursement landscape and advancement in the field of healthcare technology in the region. The Gulf nations mainly Saudi Arabia and UAE are the major contributors of the Middle East and Africa market. However, the economically and socially backward regions of Africa are expected to exhibit staggered growth owing to low penetration of healthcare facilities in the region. 

Anal Fissure Market Competitive Landscape

The key players operating in the market include SRS Pharmaceuticals Pvt. ltd., Takeda Pharmaceutical Company Limited, Novasep, PurduePharma L.P., Healthy Life Pharma Private Limited, Troikaa Pharmaceuticals Ltd., Taj Pharmaceuticals Ltd., Geri-Care Pharmaceuticals, and others. 

Industry Updates

  • In January 2018, RDD Pharma, a specialty pharmaceutical company announced enrollment in the Phase 3 study in Europe of RDD-1219 for the treatment of chronic anal fissure. The company focuses mainly on the development of therapeutics for anorectal diseases and gastrointestinal disorders.
  • In June 2018, researchers from Kaunas University of Technology (KTU) innovated use of cuttlebone in the treatment of hemorrhoids and wound gels. They have removed the protein from the cuttlebone, reducing the risk of side effects and allergic reactions.

 

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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