Pharmaceutical suppository is solid medication that is made to enter the body through the rectum, urethra, or vagina. Out of all, rectal suppositories are the most common type. Pharmaceutical suppositories are often used when the other ways to deliver drugs such as the oral route cannot be used; this is often the case with unconscious patients. A pharmaceutical suppository could be oval, round, or cone-shaped and has surrounding material around it such as gelatin or cocoa butter. Most people are prescribed pharmaceutical suppositories if the medicine tastes too bad to be taken by mouth or if the drug could be broken down easily in the gastrointestinal tract.

Market Scope and Structure Analysis

COVID-19 Impact Analysis

COVID-19 is an infectious disease that originated in the Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.

Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing a shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness significant growth in the future, owing to the demand for vaccines and treatment drugs for COVID-19.

However, with COVID-19 the supply chain of raw materials required to manufacture pharmaceutical suppositories has been disrupted in many countries. In addition, the market growth of pharmaceuticals is declining, as manufacturers of drugs have slowed down their production due to the pandemic. This, in turn, is expected to have a significant impact on the pharmaceutical suppositories market.

Top Impacting Factors

The first pass effect is a process in which a drug gets metabolized in the body at a specific location, which can result in its concentration getting reduced. Pharmaceutical suppositories can prevent the first-pass effect. This factor has helped boost the growth of the pharmaceutical suppositories market.

Pharmaceutical suppositories not only offer systemic and localized action but they can also be given to unconscious patients, as they are inserted in the rectum, vagina, urethra, ears, and nose. This factor has further propelled the growth of the pharmaceutical suppositories market.

In addition, pharmaceutical suppositories are easy to use for pediatric and geriatric patients who cannot swallow some forms of drugs, which has led to the growth of the market in recent years.

However, there are certain disadvantages of pharmaceutical suppositories. For instance, some patients might feel embarrassed to get a drug inserted into their urethra or rectum. Furthermore, irritant drugs cannot be administered in the form of pharmaceutical suppositories.

Key Market Trends

Advanced healthcare systems are emphasizing on better alternatives to help patients who suffer from chronic infectious diseases. Various forms of research are being currently performed to produce antiretroviral pharmaceutical suppository medication since retrovirus infections are chronic.

Control of viral diseases with the use of vaginal and rectal pharmaceutical suppositories has shown positive effects in vital antiretroviral therapies. These elements are anticipated to help in the expansion of the global pharmaceutical suppositories market.

The glycerol with water pharmaceutical suppositories is expected to register a huge market share during the forecast period, owing to increase in the number of chronic constipation and the consumption of unhealthy diets.

Pharmaceutical suppositories made with fatty bases are expected to hold a major European market, as emerging companies in the region are focused on collaborations with other market players to develop fat-based pharmaceutical suppositories especially in nations such as the UK, France, and Germany.

Key Segments Covered

Key Benefits of the Report

• This study presents the analytical depiction of the pharmaceutical suppositories industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the pharmaceutical suppositories market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the pharmaceutical suppositories market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the pharmaceutical suppositories market.
• The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the Pharmaceutical Suppositories Report

• Which are the leading players active in the pharmaceutical suppositories market?
• How is each segment of the market expected to grow during the forecast period?
• What are the adoption trends for the pharmaceutical suppositories in emerging economies and established economies across the world?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What future projections would help in taking further strategic steps in the market?
• What are the impacts of COVID-19 on the industry?
• What are pharmaceutical suppositories?
• What are the current and predicted trends of the market?