Pharmaceutical Suppositories Market to Reach $3.2 billion, Globally, by 2035 at 5.7% CAGR: Allied Market Research
Rise in prevalence of acute and chronic disorders, increase in the geriatric population, and increase in initiatives for awareness and education for use of suppositories drive the growth of the pharmaceutical suppositories market.
/EIN News/ -- Wilmington, Delaware , Feb. 07, 2025 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Pharmaceutical Suppositories Market by Type (Rectal Suppositories, Vaginal Suppositories), by Base (Fatty Bases, Water Miscible Base, Emulsifying Bases), by Prescription Type (OTC, Prescribed Suppositories), by Therapeutic Application (Analgesics and Anti-Inflammatory Drugs, Antiemetics, Laxatives, Hormonal Therapies, Antifungals and Antibacterials, Others), by Fill Volume Categories (Small Fill Volumes, Medium Fill Volumes, Large Fill Volumes), by Age Group (Pediatric Use, Adult Use), by Distribution Channel (Hospital Pharmacies, Drug Stores and Retail Pharmacies, Online Providers), by End User (Hospitals and Clinics, Home Care, Others): Global Opportunity Analysis and Industry Forecast, 2024-2035". According to the report, the "pharmaceutical suppositories market" was valued at $1.7 billion in 2023, and is estimated to reach $3.2 billion by 2035, growing at a CAGR of 5.7% from 2024 to 2035.
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Prime determinants of growth
Rise in prevalence of acute and chronic disorders and increase in the geriatric population are the major factors that drive the growth of the pharmaceutical suppositories market. However, the manufacturing complexities restrict the market growth. Moreover, advancements in technology are expected to present new opportunities during the forecast years.
Report coverage & details:
Report Coverage | Details |
Forecast Period | 2024–2035 |
Base Year | 2023 |
Market Size in 2023 | $1.7 Billion |
Market Size in 2035 | $3.2 Billion |
CAGR | 5.7% |
No. of Pages in Report | 423 |
Segments covered | Type, Base, Prescription Type, Therapeutic Application, Fill Volume Categories, Age Group, Ingredient Type, Distribution Channel, End User and Region |
Drivers |
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Opportunity |
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Restraint |
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The rectal suppository segment to maintain its leadership status throughout the forecast period
By type, the rectal suppository segment held the largest market share in 2023, accounting for three-fourths of the pharmaceutical suppositories revenue, owing to its versatility, efficacy, and the broad spectrum of medical conditions it addresses. In addition, ongoing research and healthcare provider recommendations contribute to its sustained growth.
However, the vaginal suppositories segment is expected to witness the fastest CAGR of 6.3% from 2024 to 2035 owing to the increase in adoption of gynecological and health applications for women. Vaginal suppositories offer localized drug delivery for conditions such as vaginal infections and hormone therapy, resulting in quick, effective treatment while minimizing systemic side effects. Thus, such advantages offered by vaginal suppositories drive the market growth in the forecast period.
The medium fill volumes segment to maintain its leadership status throughout the forecast period
By fill volume categories, the medium fill volumes segment held the largest market share in 2023, accounting for almost three-fifths of the pharmaceutical suppositories revenue and is expected to witness the fastest CAGR of 6.0% from 2024 to 2035. Medium fill volume suppositories are neither too small nor too large, making them easy to handle and administer. This size is particularly advantageous for patients, as it enhances comfort and compliance. Additionally, the availability of multiple formulations within this size range caters to various therapeutic needs, further driving segment growth as healthcare providers and patients increasingly opt for these versatile options.
The emulsifying bases segment is likely to maintain the fastest growth throughout the forecast period
By base, the emulsifying bases segment held the largest market share in 2023, accounting for two-fifths of the pharmaceutical suppositories revenue and is expected to witness the fastest CAGR of 6.5% from 2024 to 2035 owing to its versatility in formulating various suppository types. Emulsifying bases are well-suited for a wide range of drug compatibility and release profiles, making them the preferred choice for pharmaceutical suppository formulations.
The prescribed suppositories segment to maintain its lead position during the forecast period
By prescription type, the prescribed suppositories segment held the largest market share in 2023, accounting for four-fifths of the pharmaceutical suppositories revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the rising prevalence of chronic diseases and the demand for targeted drug delivery solutions. Additionally, advancements in pharmaceutical formulations and precision medicine allow for personalized prescriptions tailored to individual patient needs, further driving growth in this segment.
However, the OTC segment is expected to witness the fastest CAGR of 7.1% from 2024 to 2035. This is attributed to a growing consumer inclination toward self-care and convenience. OTC products are readily available without a prescription, providing an accessible and cost-effective option for managing common health issue.
The analgesics and anti-inflammatory drugs segment is expected to maintain the fastest growth during the forecast period
By therapeutic application, the analgesics and anti-inflammatory drugs segment held the largest market share in 2023, accounting for almost two-fifths of the pharmaceutical suppositories revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the increasing prevalence of pain management needs, particularly among patients with conditions like hemorrhoids and cancer, where localized delivery offers effective relief and minimizes systemic side effects.
However, the hormonal therapies segment is expected to witness the fastest CAGR of 7.4% from 2024 to 2035. This is attributed to rising cases of hormonal imbalances and related disorders, such as menopause and fertility issues. Increased awareness and acceptance of hormone replacement therapy, along with advancements in formulations that enhance efficacy and patient compliance, further drive demand for hormonal suppositories in clinical settings.
The adult use segment to maintain its lead position during the forecast period
By age group, the adult use segment held the largest market share in 2023, accounting for four-fifths of the pharmaceutical suppositories revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the growing acceptance of suppositories for addressing various health conditions, particularly pain management and gastrointestinal disorders. Moreover, advancements in formulation technology and the availability of a wider range of effective products specifically designed for adults have increased their appeal, leading to greater market penetration and sales.
However, the pediatric use segment is expected to witness the fastest CAGR of 6.5% from 2024 to 2035. This is attributed to several key factors. Increasing awareness among healthcare providers and parents about the benefits of suppositories for children, especially for those who struggle with oral medication, is driving this trend. Additionally, the development of child-friendly formulations and precise dosing options tailored to pediatric needs further supports the segment's rapid growth, ensuring safer and more effective treatments for young patients.
The hospital pharmacies segment to maintain its lead position during the forecast period
By distribution channel, the hospital pharmacies segment held the largest market share in 2023, accounting for more than half of the pharmaceutical suppositories revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to several factors. Hospitals commonly employ suppositories for targeted drug delivery, ensuring precise dosing and minimizing systemic side effects. This growing demand for suppositories within the hospital setting is driven by diverse medical conditions and treatment needs.
However, the online providers segment is expected to witness the fastest CAGR of 6.6% from 2024 to 2035. This is attributed to its convenience and accessibility. It offers discreet purchasing options, which appeal to consumers seeking privacy for sensitive products like suppositories. Enhanced digital payment security and reliable home delivery services also contribute to the growth, offering a hassle-free and trusted shopping experience for consumers.
The hospitals and clinics segment to maintain its lead position during the forecast period
By end user, the hospitals and clinics segment held the largest market share in 2023, accounting for almost three-fifths of the pharmaceutical suppositories revenue and is estimated to maintain its leadership status throughout the forecast period. Hospitals & clinics have increasingly shown an inclination toward pharmaceutical suppositories products. Moreover, a rise in the number of government initiatives to ensure a high degree of chronic disease treatment measure, and surge in number of hospitals with increased use of suppository therapy boost the growth of the hospitals & clinics segment.
However, the home care segment is expected to witness the fastest CAGR of 6.2% from 2024 to 2035. Patients increasingly prefer home-based healthcare, driving demand for user-friendly drug delivery methods like suppositories. In addition, the growing aging population and the trend toward self-administration boost the growth of the segment. Cosmetic suppositories, offering skin-nourishing benefits, further contribute to the popularity of home care treatments, enhancing convenience and accessibility.
North America to maintain its dominance by 2035
By Region, North America held the largest market share in terms of revenue in 2023, accounting for almost two-fifths of the pharmaceutical suppositories revenue and is expected to dominate the market during the forecast period. This is attributed to increase in well-developed healthcare industry, presence of leading manufacturers in the region, and high adoption rate of suppositories in this region.
However, the Asia-Pacific region is expected to witness the fastest CAGR of 7.1 % from 2024 to 2035. This is attributed to increase in number of geriatric populations, rise in people suffering from constipation and hemorrhoids, and improving healthcare infrastructure in the region.
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Leading Market Players: -
- Intas Pharmaceuticals Ltd.
- Pfizer Inc.
- Church And Dwight Co. Inc.
- Zydus Lifesciences Limited
- Bayer Ag
- Novartis Ag
- Sanofi S.A.
- Bliss Gvs Pharma Ltd
- Bausch Health Companies Inc.
- Cosette Pharmaceuticals, Inc.
The report provides a detailed analysis of these key players in pharmaceutical suppositories. These players have adopted strategies such as product approval to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to highlight the competitive scenario.
Recent Developments
- In August 2023, Zydus Lifesciences Limited announced that it has received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Indomethacin suppositories, 50mg. Zydus' Indomethacin suppositories, 50 mg is the generic version of the Reference Listed Drug (RLD) Indocin suppositories. It has been granted a CGT designation by the USFDA for its Indomethacin suppositories.
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