The forecast for Alimentary Tract and Metabolism Medicine use in Canada suggests a steady increase from 2024 to 2028, with values rising from 308.1 to 354.4 Units (Defined Daily Dosage) Per Thousand Persons Per Day. In 2023, the value was at 298.6, indicating a significant upward trend.
Year-on-year variations are as follows:- 2024: +3.2%- 2025: +3.8%- 2026: +3.6%- 2027: +3.4%- 2028: +3.4%
Over the last two years, the increase was observed to be around 3.2%, aligning with the projected steady growth. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately 3.4%.
Looking ahead, future trends to watch for include advancements in medication technology, potential regulatory changes, demographic shifts such as an aging population, and the impact of lifestyle changes on digestive and metabolic health.