Global Gastrointestinal Drugs Market Research Report, Global Gastrointestinal Drugs Market

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Gastrointestinal Drugs Global Market Forecast To 2022

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Asia Pacific was the largest region in the global gastrointestinal drugs market, accounting for 40% of the market in 2018. North America was the second largest region accounting for 29% of the global gastrointestinal drugs market. Africa was the smallest region in the global gastrointestinal drugs market.

Drug manufacturing companies are offering tranexamic acid for the treatment of acute gastrointestinal bleeding. Tranexamic acid is a medication used to treat or prevent excessive blood loss from major trauma or surgery and is now finding applications for gastrointestinal diseases. Tranexamic acid reduces clot breakdown, thus reducing the duration and amount of bleeding. This reduces mortality rate (from 10% to 7.5%) and the probability of blood transfusion by about 30%. Major companies manufacturing tranexamic acid include Abbott Laboratories, Pfizer, GlaxoSmithKline and Bayer AG.

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