Categories: Healthcare

Anal Fissure Treatment Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Anal Fissure Treatment by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Anal Fissure Treatment, The anal fissure treatment market size has grown strongly in recent years. It will grow from $1.3 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to limited treatment options, increasing awareness, demographic trends, healthcare infrastructure development, regulatory support.

The anal fissure treatment market size is expected to see strong growth in the next few years. It will grow to $2.01 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to innovative treatment approaches, rising incidence rates, investment in research and development, patient-centric care, healthcare policy changes. Major trends in the forecast period include technological advancements, increasing demand for minimally invasive procedures, rising incidence of anal fissures, focus on patient-centric approaches, globalization and market expansion.

An increasing elderly population and unhealthy lifestyles are expected to propel the anal fissure treatment market going forward. The elderly population, defined as those 65 and older, is computed as the ratio of the total population to the total elderly and juvenile populations. An unhealthy lifestyle is one in which a person practices behaviors that are harmful to their health. The increasing elderly population and unhealthy lifestyle will result in thinning and tearing of the internal sphincter because of age and poor diet, requiring anal fissure treatment. For instance, in October 2022, according to a report published by the World Health Organization (WHO), a Switzerland-based agency responsible for international public health, one in six people is expected to be 60 or older by the year 2030, in the entire world. By 2050, there will be 2.1 billion people worldwide who are 60 years old or older. Therefore, the increasing elderly population and unhealthy lifestyle are driving the anal fissure treatment market.

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The anal fissure treatment market covered in this report is segmented –

1) By Type: Topical Nitroglycerin, Calcium Channel Blockers, Stool Softeners, Other Types

2) By Route of Administration: Topical, Oral

3) By Application: Clinics, Hospitals, Other Applications

Increasing constipation rates are expected to propel the anal fissure treatment market going forward. Constipation is a condition characterized by hard, dry, and difficult-to-pass stools and infrequent bowel motions. Constipation that causes pain, as well as feeling bloated, uneasy, and lethargic, are possible signs. Anus lining damage, which most frequently occurs in constipated patients, leads to anal fissures, requiring treatment. Thus, increasing constipation population will propel the market growth. For instance, in 2021, according to the National Library of Medicine, a US-based biomedical library, the global prevalence of constipation was 12% to 19% in 2021, and about $7 billion annually were spent on testing for constipation. Therefore, the increasing constipation rate is driving the anal fissure treatment market.

The anal fissure treatment market report table of contents includes: