Global Alosetron Market is growing at a healthy CAGR of 3.50% of 2021 to 2028 | DBMR

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Global Alosetron market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market is growing at a healthy CAGR of 3.50% in the above-mentioned research forecast period.

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Alosetron (Generic Name: Alosetron, Brand Name: Lotronex) is a drug which has been prescribed to treat women with Irritable Bowel Syndrome (IBS), having diarrhea as the main problem. Alosetron belongs to class 5-HT3 receptor antagonists. It is a pyrido [4,3-b] indole compound which consists of 5-methyl-1H-imidazole-4-ylmethyl group placed at the 2nd position. It acts as a serotenergic antagonist, an antiemetic and a gastrointestinal drug. The mechanism of action of 5-HT3 receptor antagonist is the prevention of emesis (vomiting) followed by the chemotherapy action. The receptor antagonist at 5-HT3 receptors on vagal afferent neurons, antagonizes the action of 5- hydroxytryptamine (5-HT), which initiates the nervous excitation of  the gastrointestinal tract and 5-HT3 receptors in the central vomiting system it is responsible to reduce abdominal pain. Alosteron can be taken by oral route of administration. This prescription is strictly not recommended for use for children However, the side effects incurred by consumption of Alosetron are swelling in the stomach area, hemorrhoids and upset stomach. Unnecessary medication should be discarded in a safe way, so as to guarantee that pets, small children and other people do not utilize them. Lotrones was approved by Food and Drug Administration (FDA) in February 2000.

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The Alosetron market is segmented on the basis of dosage type, application, mode of purchase and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of dosage type, the Alosetron market is segmented into 0.5mg, 1mg.
• On the basis of applications, the Alosetron market is segmented into chronic irritable bowel syndrome, visceral pain, gastro intestinal diseases.
• On the basis of mode of purchase, the Alosetron market is segmented into prescription and Over the Counter (OTC).
• On the basis of distribution channel, the Alosetron market is segmented into hospital pharmacies, retail pharmacies, online pharmacies.

Alosetron market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Alosetron market.

The major players covered in the Alosetron market are Abbott, Allergan, Takeda Pharmaceutical Company Ltd, AstraZeneca, SEBELA PHARMACEUTICALS, SYNERGY PHARMACEUTICALS, Bausch Health Companies Inc, Amneal Pharmaceuticals LLC, ardelyx, Par Pharmaceutical, among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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