(PharmaNewsWire.Com, November 16, 2017 ) With a robust CAGR of 7.1%, the global constipation treatment market is anticipated for the tremendous growth during the assessed period of 8-years, i.e. 2017-2025. One of the significant reasons behind this healthy growth is the growing elderly population across the world. Generally this geriatric population for example the people above the age of 50 years are tend to irregular bowel movements which fuels the growth of the market.
The other factors which are contributing the development of global market for constipation treatment are increasing awareness among the end-users, constant R & D to come up with the new drugs which are more effective and improving facilities of healthcare in several developing countries. According to the new research report titled, “Constipation Treatment Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025,” that has been added in the database of Market Research Reports Search Engine (MRRSE) the global constipation treatment market accounted for US$ 12.58 Bn in the yeara 2016 and is likely to reach US$ 22.93 Bn at the end of the projected period, i.e. in 2025.
Global Constipation Treatment Market- Segmental Analysis and Forecast
This market is segmented into disease type, therapeutic option and distribution channel. Therapeutic option segment is consists of 5-HT4 receptor agonists, laxatives, GC-C agonists, chloride channel activators, and peripherally acting mu opioid receptor antagonists. Laxative segment is further segmented into osmotic laxatives, bulk forming agents and stimulant laxatives. In the year 2016, maximum share of demand was captured by the segment of laxatives. This particular segment is expected as the most dominating and promising with its market share in the year to come. Laxative is the most affordable therapy and that is the reason this segment is leading the market. On the other hand, the segment of GC-C agonists is anticipated to touch the compound annual growth rate of 8.7% throughout the projected period.
On the basis of disease type, the global market for constipation treatment is segmented into opioid induced constipation, irritable bowel syndrome with constipation and chronic idiopathic constipation. With robust CAGR of 7.5%, the segment of opioid induced constipation is likely yo lead the market over the forecasted period.
Distribution channel segment includes, online pharmacies, hospital pharmacies and retail pharmacies. In the years to come the segment of retail pharmacies is anticipated to grab huge share of the global market for constipation treatment.
Global Constipation Treatment Market- Forecast by Region
APAC, MEA, Latin America, North America, Europe and Commonwealth of Independent States are the six regions that are covered in this report. The market for constipation treatment in North America is expected to touch the US$ 9.98 Bn by 2025 end. While, Europe is presently on the second number after and one of the lucrative regions for the key players functioning in the market.
Cosmo Pharmaceuticals NV.,Synergy Pharmaceuticals, Inc., Bayer AG, Daewoong Pharmaceuticals Co. Ltd., Abbott Laboratories, Valeant Pharmaceuticals International, Inc., Albireo Pharma, Inc., Takeda Pharmaceuticals Company Limited, Renexxion, LLC., AstraZeneca, Valeant Pharmaceuticals International, Sanofi, Sucampo Pharmaceuticals, Inc., Prestige Brands Holdings, Inc., and Janssen Pharmaceutical Company, are the competitive landscapes that are functioning in this market.
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