02-Sep-2020 | Zion Market Research
As per analysts at Zion Market Research, the global antidiarrheal drugs market is predicted to attain over USD 63.69 billion by the end of 2026, augmenting at a CAGR of almost 5.1% during 2020–2026. Antidiarrheal drugs are used in treating ongoing diarrhea in patients having inflammatory bowel disease. A few drugs aid in decreasing the amount of discharge in people with an ileostomy. There are several nonmedical conditions that cause diarrhea such as indigestion, surgeries like removal of certain tumors, gall bladder, and inflammation in the intestinal tract, among others. The symptoms of diarrhea are cramps, abdominal bloating, vomiting, nausea, watery stools, and sometimes fever & weight loss. Endoscopic examination is carried to detect the pathology of chronic diarrhea. Various other diagnostic examinations include capsule endoscopy, double balloon enteroscopy, radiographic studies like CT scan and ultrasound.
Some of the key players in the global market are Lupin, Actelion, Glenmark Pharmaceuticals, GSK, Pfizer, Inc., and Perrigo.
Rise In Diarrhea Cases & Advancement In The Healthcare Facilities To Boost The Global Antidiarrheal Drugs Market
Factors boosting the global antidiarrheal drugs market are the consciousness for antidiarrheal drugs, augmenting administrative initiatives for enhancement in the healthcare facilities and surging prevalence for diarrhea cases. Nevertheless, various side effects linked to the uptake of antidiarrheal drugs, like fullness & bloating and constipation are limiting the global antidiarrheal drugs market. Additionally, the traditional and home remedies are still admired in budding countries, which limits the growth of the antidiarrheal drugs market. The developing countries hold a great potential for the worldwide antidiarrheal drugs market. The innovation of some antidiarrheal drugs having fewer side effects is predicted to present great opportunities for the global market. A decline in the efficiency of other medicine if administered with an antidiarrheal drug is a challenge encountered by the antidiarrheal drugs market.
The global antidiarrheal drugs market is bifurcated based on the type, drug class, application, and regional analysis. Based on the type, the market is divided into prescription drugs and OTC (over-the-counter) drugs. Based on the drug class, the market is divided into mucosal protectants and absorbents (kaolin-pectin & activated charcoal, antimicrobial therapy, motility modifying drugs, anti-toxins, and non-steroidal anti-inflammatory drugs). Based on the application, the market is divided into children and adults.
The U.S. Projected To Witness Massive Growth In The Global Antidiarrheal Drugs Market
Based on geographical analysis, the global antidiarrheal drugs market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Acute diarrhea is one of the most regularly reported illnesses across the U.S. As per the WHO (World Health Organization), diarrhea is the second major cause of death, particularly in children under 5 years of age. Higher occurrence rates of diarrheal cases in emerging countries have been reported owing to improper and unhygienic sanitation procedures. The U.S. is the major consumer of antidiarrheal drugs, thus this factor is expected to boost the growth of the global antidiarrheal drugs market.
Browse the full “Antidiarrheal Drugs Market - By Type (Prescription Drugs and OTC Drugs), By Application (Children and Adults), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/antidiarrheal-drugs-market
The global antidiarrheal drugs market is segmented as follows:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651