South Korea Gastrointestinal Therapeutics Market Analysis


  • Type: Therapeutics Area
  • Published : June 2021
  • Region: Asia
  • Country: South Korea
  • Report ID : 4916

  • Format: PPT, PDF

South Korea Gastrointestinal Therapeutics Market: Segmented By Drug Class (Acid Neutralizers, Antidiarrheal and Laxatives, Anti-Inflammatory Drugs, Antiemetic and Antinauseants, Proton Pump Inhibitors and Others), By Application (Inflammatory Ulcerative Colitis, Crohn’s Disease, Irritable Bowel Syndrome, Gastroenteritis, Gastro Oesophageal Reflux Disorder [GERD], and Others) By Route of Administration (Oral, Parenteral, Rectal) and By Distribution Channel (Retail Pharmacy, Hospital Pharmacy, Online Pharmacy)- Growth, Trends and Forecasts (2019 – 2028)

SKU: 4916 Categories: ,

Report Overview

The South Korea gastrointestinal therapeutics market size stood at around USD xx million in 2019 and is projected to reach xx million by 2028, exhibiting a CAGR of around 4.8% during the forecast period.

Gastrointestinal (GI) diseases affects stomach, large intestine and rectum, small intestine, oesophagus, liver, gallbladder, and pancreas. GI diseases causes a heavy socioeconomic burden with high morbidity of functional GI disorders in outpatients care and high mortality of GI malignancy in inpatient care. Stomach cancer continues to be the leading cause of GI-related death in Korea. According to World Cancer Research Fund’s annual ranking of the top 20 countries with the highest incidence of stomach cancer, Korea (42 per 100,000) ranks first.

Market Drivers

Gastrointestinal (GI) diseases, in particular are becoming common and have been linked to dietary being westernized, and irregular lifestyle habits such as alcohol consumption and eating late. Continuous increase in incidence and prevalence of diseases like inflammatory bowel disorder and stomach cancer in Korea are driving the market growth. A wide range of drugs is already available in the market. Furthermore, continuous efforts are being made to develop new biosimilars and new technologies to improve the existing market. Factors like low awareness and delay in diagnostics might negatively impact the growth of the market.




1. South Korea Gastrointestinal Therapeutics Market Overview…………
A. Market Size
2. Market Growth Drivers……………………………………………….
A. Increasing Incidence and Prevalence of Gastrointestinal Diseases.
B. Changing Environmental Factors.
C. Rise in Investment in development of biologics and emergence on biosimilars.
3. Epidemiology of Gastrointestinal Diseases………………………………..
A. Prevalence
B. Incidence
4. Gastrointestinal Therapeutics Market Segmentation………………………….
A. Drug Class
I. Acid Neutralizers
II. Antidiarrheal and Laxatives
III. Anti-Inflammatory Drugs
IV. Antiemetic and Antinauseants
V. Proton Pump Inhibitors
VI. Others
B. Application
I. Inflammatory Ulcerative Colitis
II. Crohn’s Disease
III. Irritable Bowel Syndrome
IV. Gastroenteritis
V. Gastro Oesophageal Reflux Disorder (GERD)
VI. Others
C. Route of Administration
I. Oral
II. Parenteral
III. Rectal
D. Distribution Channel
I. Retail Pharmacy
II. Hospital Pharmacy
III. Online Pharmacy
5. Gastrointestinal Therapeutic Products Market Share………………………
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape……………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles……………………………………………………….
A. Ilyang Pharmaceuticals Company Overview, Product & Services, Strategies & Financials
B. Hanmi Pharmaceuticals Company Overview, Product & Services, Strategies & Financials
C. Takeda Pharmaceuticals Company Overview, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape……………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth…………………………………………
A. New Trends and Development of Gastrointestinal Therapeutics Market
B. Future Opportunities
10. Conclusion


Market Segmentation

By Drug Class:

On the basis of drug class, the market is segmented into acid neutralizers, antidiarrheal and laxatives, anti-inflammatory drugs, antiemetic and antinauseants, proton pump inhibitors and others.

By Application:

Inflammatory ulcerative colitis, Crohn’s Disease, irritable bowel syndrome, gastroenteritis, gastro oesophageal reflux disorder (GERD), and others are the segments based on of application.

By Route of Administration:

On the basis of route of administration, the market is segmented into oral, parenteral, and rectal.

By Distribution Channel:

On the basis of distribution channel, the market is segmented into hospital pharmacy, retail pharmacy and online pharmacy.


Top Players

Locally developed drugs are showing robust sales records in gastrointestinal disease treatment market.  Some of the major players in market include Hanmi Pharmaceuticals, Ilyang Pharmaceuticals, Takeda Pharmaceuticals, CJ Healthcare, AstraZeneca, Daewon Pharmaceuticals, Chong Kun Dang, Boryung Pharmaceuticals and others.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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