
Global suppositories market to hit $2.05b by 2030
Its expansion is driven by increasing cases of digestive diseases.
The global suppositories market is expected to reach $2.05b by 2030 at a compound annual growth rate of 4.7%, according to MarketsandMarkets.
The sector’s expansion is attributed to the growing prevalence of inflammatory bowel diseases, gastrointestinal diseases, and constipation.
Moreover, the rising demand for localised and targeted drug delivery for haemorrhoid treatment and vaginal infections further drives market growth.
However, alternative therapies, including sustained-release tablets, long-acting injectables, and transdermal patches, challenge market growth.
“Suppositories are mainly preferred for geriatrics and paediatrics who struggle with swallowing medicines,” the report said.