At 7% CAGR, Laxative Market Size | Global Industry Analysis and Opportunity Assessment 2020-2026
Pune, Maharashtra, India, December 15 2020 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –:Laxative Market is valued at USD 5.88 Billion in 2018 and expected to reach USD 9.44 Billion by 2025 with the CAGR of 7% over the forecast period.
Brandessece Market Research recently added the Laxative Market research report which offers a thorough study of the market scenario regarding the market size, share, demand, growth, trends, and forecast from 2020-2026. The report deals with the impact analysis of the COVID-19 pandemic. The COVID-19 pandemic has impacted exports, imports, demand and trends in the industry and is expected to have some economic impact on the market. The report offers a comprehensive analysis of the impact of the pandemic across the industry and provides insights into a post-COVID-19 market scenario.
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Scope of Laxative Market-
A laxative is a type of medicine used to treat constipation, irritable bowel syndrome, and gastric problem. This drug contains a chemical that helps in stool softening and increases stool mobility by increasing bowel movements. Laxatives are generally taken three times a week used to treat the passage of small amounts of hard and dry stools. Laxative are preferred as medication when remedies including increase in fiber diet, drinking plenty of water and regular exercise have not helped to cure constipation. Additionally, occasional constipation is often treated without laxatives. Although laxatives are present in the market for a longer period of time there is insufficient evidence available about the efficacy of laxatives over each other. Adults usually don’t require prescription for consumption of laxatives as they are easily available as OTC drugs. In children laxatives are only advised to be taken through prescription. The nature of laxatives depends on whether it degenerates the nerves in the intestine or dulling the natural response that will stimulate the peristalsis movement.
Global Laxative market report is segmented based on drug type, route of administration, indication, end users and by regional & country level. Based upon drug type, laxative market is classified into hyperosmotic, bulk-forming, stool softeners, lubricants and stimulants and others. Based upon route of administration, laxative market is classified into oral and rectal. Based upon indication, laxative market is classified into chronic constipation, irritable bowel syndrome and others. Based upon end users, laxative market is classified into hospitals & clinics, research institutes and others.
The regions covered in this laxative market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of laxative is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Laxative Companies
Bayer AG
Boehringer Ingelheim Pharmaceuticals Inc.
GlaxoSmithKline Consumer Healthcare
Procter & Gamble Company
Purdue Pharma
Sucampo Pharmaceuticals Inc
FDA warns exceeding laxative dose may be deadly
News: January 9, 2014, Constipation can be quite unpleasant, and people experiencing the condition may be tempted to run to the drug store and buy laxatives. But the FDA is warning such people to read the label carefully and not exceed the recommended dose, or they may risk their lives. The FDA is now finding that adults older than 55 and children with certain health conditions may face added risks if they exceed the laxative dosage. The agency has received 54 reports of side effects, including 13 deaths, linked to over-the-counter sodium phosphate laxatives.
Laxative Market Dynamics –
Rising prevalence of constipation has become one of the major problems amongst the majority population due to sedentary lifestyle driving the growth of market. Additionally, sedentary lifestyle such as unhealthy eating habits, irregular meal timings and lack of exercise which causes gastric imbalance, less hours of sleep which can further lead to constipation. This is the major driving factor for the growth of laxative market in the forecast period. Moreover, obesity is also a major factor responsible for constipation, owning to rising obese cases expected to flourish the growth of market. On the other flip side effects of laxatives which are bloating, flatulence, feeling sick, abdominal cramps and dehydration. Additionally, use of laxatives as in treatment of obesity has also been one of the restraining factor for the laxative market.
Laxative Market Regional Analysis –
North America is dominating the laxative market due to the sedentary lifestyle and diet-related factors, such as not drinking enough water and high consumption of junk food, drive the laxatives market in this region. As per the Centers for Disease Control and Prevention 2017, 30.8 million suffered from digestive problems in the U. S. Europe is holding second position due to presence of a large patient population suffering from the intestinal problem and sedentary lifestyles are driving the laxative market growth in this region. Furthermore, the presence of large number of healthcare companies in this region drives market growth.
Asia-Pacific is expected to be the fastest-growing region owing to the growing geriatric population with digestive problems. Additionally, the change in routine and consumption of medicines driving the high growth rate in the region.
Key Benefits for laxative Market Reports –
Global Market report covers in depth historical and forecast analysis.
Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Market report helps to identify opportunities in market place.
Global Market report covers extensive analysis of emerging trends and competitive landscape.
Laxative Market Segmentation –
By Drug Type – Hyperosmotic, Bulk-Forming, Stool Softeners, Lubricants, Stimulants, Others
By Route of Administration – Oral, Rectal
By Indication – Chronic Constipation, Irritable Bowel Syndrome, Others
By End User – Hospitals & Clinics, Research Institutes, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Laxative Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Laxative Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Laxative Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Laxative Market Overview: Quantitative Analysis
4. Chapter – Global Laxative Market Analysis: Segmentation By Type
5. Chapter – Global Laxative Market Analysis: Segmentation By Application
Continued….
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