Hemorrhoids Treatment Market Projected to Hit USD 9.3 Billion at a 7.54% CAGR by 2032- Report by Market Research Future (MRFR)

May 19, 2025

iCrowdMarketing powered by iCrowdNewswire

Market Overview

The hemorrhoids treatment market has been witnessing steady growth due to increasing incidences of lifestyle-related disorders, rising awareness of anorectal conditions, and technological advancements in treatment procedures. Hemorrhoids, commonly known as piles, are swollen veins in the lower rectum or anus, often caused by straining during bowel movements, chronic constipation, or prolonged sitting. Hemorrhoids Treatment Market Size was valued at USD 7.23 Billion in 2023 and is projected to grow from USD 8.9 Billion in 2024 to USD 9.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.54% during the forecast period (2024 - 2032)

The global hemorrhoids treatment market is being driven by the rising prevalence of this condition among the adult and aging population. The availability of various treatment options—ranging from topical medications to surgical interventions—has contributed to the expansion of this market. The surge in minimally invasive procedures and the development of advanced laser and infrared coagulation techniques are further fueling market demand.

The market is expected to continue growing over the forecast period due to increasing patient preference for non-invasive or minimally invasive treatments, rising healthcare expenditures, and the emergence of digital health platforms providing remote diagnosis and consultation.

Request To Free Sample of This Strategic Report -
https://www.marketresearchfuture.com/sample_request/6999

Market Key Players

Several prominent companies are playing a significant role in the development, manufacturing, and distribution of hemorrhoids treatment products. These market players are focused on innovation, strategic partnerships, and geographical expansion to strengthen their foothold.

Some of the key players in the hemorrhoids treatment market include:

  • Pfizer Inc.
  • GlaxoSmithKline plc
  • Novartis AG
  • Bayer AG
  • Sanofi S.A.
  • Prestige Consumer Healthcare Inc.
  • Perrigo Company plc
  • Himalaya Global Holdings Ltd.
  • Amkay Products Pvt Ltd.
  • Nivagen Pharmaceuticals, Inc.

These companies offer a wide range of products including over-the-counter (OTC) creams, suppositories, oral medications, and medical devices for surgical procedures. Increasing investments in R&D to improve treatment outcomes and reduce recovery time are key strategies employed by these players.

Market Segmentation

The hemorrhoids treatment market is segmented based on type, route of administration, distribution channel, and region.

By Type:

  • Internal Hemorrhoids
  • External Hemorrhoids
  • Thrombosed Hemorrhoids

By Treatment:

  • Medications (Topical creams, suppositories, oral drugs)
  • Non-surgical Procedures (Rubber band ligation, sclerotherapy, infrared coagulation)
  • Surgical Procedures (Hemorrhoidectomy, stapled hemorrhoidopexy)

By Route of Administration:

  • Oral
  • Topical
  • Rectal

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By End-User:

  • Hospitals
  • Clinics
  • Homecare Settings

Buy Now Premium Research Report - Get Comprehensive Market Insights.

Market Dynamics

Drivers:

Rising Incidence of Hemorrhoids: Sedentary lifestyles, poor dietary habits, obesity, and aging are leading to a higher prevalence of hemorrhoids globally.

Technological Advancements: Innovations in non-invasive and minimally invasive procedures are attracting patients due to faster recovery and minimal pain.

Increased Healthcare Spending: Growing awareness and access to healthcare services, especially in developing regions, are contributing to market growth.

OTC Availability: Easy accessibility of over-the-counter medications encourages early treatment and boosts market penetration.

Challenges:

Stigma and Lack of Awareness: Social stigma and lack of awareness in underdeveloped regions prevent early diagnosis and treatment.

Side Effects of Medications: Certain topical or oral treatments may cause side effects such as irritation, allergic reactions, or dependency with long-term use.

High Cost of Advanced Procedures: The cost of laser or surgical treatments can be prohibitive, especially in regions with limited insurance coverage.

Opportunities:

Telemedicine and Online Consultations: The growing trend of digital healthcare can enable early diagnosis and treatment, especially in remote locations.

Emerging Markets: Rising healthcare infrastructure and awareness in Asia-Pacific, Latin America, and Africa present untapped growth potential.

Recent Developments

Product Innovations: Companies are investing in natural, herbal-based hemorrhoid treatments that offer fewer side effects and higher patient compliance.

FDA Approvals: New formulations and medical devices are receiving regulatory approvals, enhancing their availability in the global market.

Strategic Collaborations: Partnerships between pharmaceutical companies and research institutes are fostering innovation and faster market entry.

Digital Health Platforms: The proliferation of mobile health apps and online pharmacies is enabling wider distribution of hemorrhoids medications and consultations.

For instance, in 2024, a leading pharmaceutical firm launched a dual-action hemorrhoid treatment gel combining pain relief with anti-inflammatory effects, receiving positive feedback from both patients and healthcare professionals.

Browse In-depth Market Research Report (90 Pages, Charts, Tables, Figures) on Hemorrhoids Treatment Market -
https://www.marketresearchfuture.com/reports/hemorrhoids-treatment-market-6999

Regional Analysis

North America:

North America holds a significant share of the hemorrhoids treatment market, led by the U.S. due to a high prevalence of the condition, advanced healthcare infrastructure, and awareness among patients. The presence of major pharmaceutical companies and widespread adoption of non-surgical treatments bolster regional growth.

Europe:

Europe is another key market driven by increased healthcare spending, favorable reimbursement policies, and growing elderly population. Germany, the UK, and France are the top contributing countries due to their strong pharmaceutical and medical device sectors.

Asia-Pacific:

The Asia-Pacific region is anticipated to witness the highest CAGR during the forecast period, supported by a rapidly growing population, increasing awareness, and improved access to healthcare facilities. Countries like India, China, and Japan are leading the regional market, driven by government health initiatives and the rise in OTC drug sales.

Latin America & Middle East and Africa (MEA):

While these regions currently hold a smaller market share, they offer significant growth potential. Increasing healthcare investments, awareness campaigns, and improving access to medical services are expected to drive future growth in these emerging markets.

Explore MRFR’s Related Ongoing Coverage In Healthcare Domain:

Maternal Health Market -
https://www.marketresearchfuture.com/reports/maternal-health-market-732

Orthopedic Implants Market -
https://www.marketresearchfuture.com/reports/orthopedic-implant-market-838

Hospital Furniture Market -
https://www.marketresearchfuture.com/reports/hospital-furniture-market-1007

Alzheimer’s Disease Diagnostic Market -
https://www.marketresearchfuture.com/reports/alzheimers-disease-diagnostic-market-2149

Laxatives Market -
https://www.marketresearchfuture.com/reports/laxatives-market-2772

Healthcare Revenue Cycle Management Market -
https://www.marketresearchfuture.com/reports/healthcare-revenue-cycle-management-market-878

Wound Care Market -
https://www.marketresearchfuture.com/reports/wound-care-market-926

In Vitro Diagnostics (IVD) Market -
https://www.marketresearchfuture.com/reports/in-vitro-diagnostics-market-1165

Dravet Syndrome Market -
https://www.marketresearchfuture.com/reports/dravet-syndrome-market-5509

Acne Treatment Market -
https://www.marketresearchfuture.com/reports/acne-treatment-market-5675

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Also, we are launching "Wantstats" the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.

URL : https://www.marketresearchfuture.com/reports/hemorrhoids-treatment-market-6999

Contact Information:

Contact Us:

Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com


Tags: English, Hemorrhoids Treatment Market,Hemorrhoids Treatment Market Size,Hemorrhoids Treatment Market Share,Hemorrhoids Treatment Market growth