To achieve robust business growth, companies must embrace the indispensable service of market research reports in today's rapidly evolving marketplace. The Opioid Induced Constipation Drugs report, brimming with the latest market insights and analyses, serves as a beacon, bringing clarity to the marketplace. This comprehensive market research study scrutinizes various facets, including market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributor networks. Moreover, the Opioid Induced Constipation Drugs market report casts a spotlight on pivotal market dynamics, the current market landscape, and future prospects within the Opioid Induced Constipation Drugs industry. Crafted through a harmonious blend of industry acumen, innovative solutions, practical expertise, and cutting-edge technology to elevate user experiences.
Key components of the Opioid Induced Constipation Drugs report encompass a thorough examination of market drivers and restraints, an in-depth exploration of key industry players, meticulous market segmentation analysis, and a competitive assessment of prominent market participants. Employing efficient and advanced methodologies, the Opioid Induced Constipation Drugs market research report incorporates essential tools such as SWOT analysis and Porter's Five Forces Analysis. It delves deep into market scrutiny, aiding in revenue estimation, return on investment (ROI) calculation, and the formulation of effective business strategies. Furthermore, the report delves into the global market share of major competitors, with a geographical focus on regions including Europe, North America, Asia Pacific, and South America, offering a comprehensive perspective in this invaluable market research report."
Data Bridge Market Research analyses a growth rate in the opioid induced constipation drugs market in the forecast period 2023-2030. The expected CAGR of opioid induced constipation drugs market tends to be around 6.7% in the mentioned forecast period. The market was valued at USD 2.52 million in 2022, and it would grow up to USD 4.23 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The global opioid-induced constipation drugs market is estimated to witness significant growth during the forecast period. The prolonged use of opioids can harm the sensory system which causes body cells to quit creating endogenous opioids, such as endorphins. Adults have a huge risk of constipation as they tend to have a poor diet, poor fluid intake, and immobility. Generally, the patients opt for over-the-counter osmotic laxatives and stimulant cathartics, which have been beneficial in relieving constipation in patients taking opioid analgesics for 3-4 weeks.
Key Growth Drivers:
- Rising Incidence of Kidney Diseases
The rise in kidney disorders can be attributed to lifestyle changes such as consuming unhealthy food high in calcium and other minerals. For instance, per the records of the global burden disease 2015 study, around 1.2 million people in the world died due to kidney failure in 2015, a 32% rise since 2005. Thus, this boosts market growth.
- Increasing Diversified Treatments
Several diversified treatments are available for the diseased condition and thus are contributing to boosting the market growth. Lubiprostone is indicated for treating opioid-induced constipation drugs, with its major indication for chronic idiopathic constipation (CIC). Lubiprostone is anticipated to take over the market share of methylnaltrexone bromide. Furthermore, naloxegol is projected to grow at the highest CAGR during the forecast period. The drug is under testing for many patient types, such as pregnant women and patients less than 17 years of age. So, future approvals are estimated to dominate the market.
The report outlines the involvement of key players, including:
Pfizer Inc (US), F. Hoffmann-La Roche Ltd (Switzerland), Mylan NV (US), Fresenius Kabi AG (Germany), Hikma Pharmaceuticals PLC (UK), Novartis AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), Bristol Myers Squibb Company (US.) GSK Plc. (UK), Bayer AG (Germany), Aurobindo Pharma (India), SLA Pharma AG (UK), Salix Pharmaceuticals (US), Takeda Pharmaceutical Company Limited (Japan), Abbott(US), Boehringer Ingelheim International GmbH. (Germany), Merck Co Inc. (US), Daewoong Pharmaceutical Company (South Korea)., Cosmo Pharmaceuticals (Ireland)
Key Market Segmentation
Active Ingredients (Naloxegol, Lubiprostone, Methylnaltrexone Bromide, Docusate Sodium, Others), Treatment (Over The Counter Medicines, Prescription, Natural Remedies), Mode of Administration (Oral, Parenteral, Others), End-Users (Hospitals, Homecare, Speciality Centres, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)
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