123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Laxatives Market To Reach Worth Us$ 8,734.2 Mn By 2026

By Author: Chakresh Thakur
Total Articles: 487

According to the latest report published by Credence Research, Inc. “Laxatives Market - Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global laxatives market was valued at US$ 5,274.6 Mn in 2017, and is expected to reach US$ 8,734.2 Mn by 2026, expanding at a CAGR of 5.8% from 2018 to 2026.

Browse the full report Laxatives Market - Growth, Future Prospects and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/laxatives-market

Market Insights

The global laxatives market is projected to increase with a stable CAGR in the forecast period and the market is estimated to reach US$ 8,734.2 Mn by 2026. Rising prevalence of constipation globally, increased adoption of laxatives in the low economic countries, and growing awareness of the general population regarding gastrointestinal diseases are the factors contributing to the surge of the global laxatives market.

On the basis of drug type, the global laxatives market is segmented into docusate, psyllium, senna, bisacodyl, methylcellulose, polyethylene glycol 3350, and others. Each mentioned drug class has distinct mechanism for the treatment of constipation. Some of the aforementioned drugs act as bulk-forming agents while others act as stool softener or stimulating agents. In terms of market size, psyllium drug segment leads the global laxatives market for the year 2017.

On the basis of geographical demarcation, in 2017, North America dominated the global laxatives market due to increasing awareness of the general population regarding the gastrointestinal diseases. Demand from emerging economies of Middle East and Africa, and Asia Pacific is expected to be above the global benchmark during the forecast period. However, widespread acceptance of laxative drugs will still be challenged in these regions due to prevalent preference to home and traditional remedies. Key players in the global laxatives market include Boehringer Ingelheim Pharmaceuticals, Inc., Bayer AG, GlaxoSmithKline Plc, Braintree Laboratories, Inc., Purdue Pharma L.P., Procter & Gamble Company, and Sucampo Pharmaceuticals, Inc.

Despite the diversity of the available laxatives, there is an ongoing search for novel laxatives that will mitigate the dissatisfaction in a large group of patients. The development of newer compounds in this category is ongoing with some promising pipeline products in the IBS-C and OIC treatments. Analyzing the future pipeline of this market, BLI801, AJG555, Elobixibat, and Tenapanor are considered as the potential compounds for constipation treatment and the sales of mentioned drugs are estimated till 2026.

Total Views: 400Word Count: 380See All articles From Author

Business Articles

1. Globe Eservice Center
Author: Globe eService Center

2. The Hand Embroidered Pashmina Shawl
Author: doortothehimalayas

3. Worth Buying Used Imac
Author: Unknown Member

4. Mep Engineering Firms And Mep Engineering Services Can Benefit Your Construction Project
Author: BIM Engineering US.,L.L.C.

5. Benefits And Uses Of Cbd Oil
Author: Unknown Member

6. Made To Measure Store In Usa
Author: Unknown Member

7. Specialist Property Tax Accounting
Author: Unknown Member

8. Professional & Expert Locksmith
Author: Unknown Member

9. Soccer Health Benefits
Author: Unknown Member

10. Main Street Medical & Skin Centre In Australia
Author: Unknown Member

11. Reliable Emergency Locksmith
Author: Unknown Member

12. Reliable Pest And Ant Control Services In Citrus Heights, Elk Grove And Sacramento
Author: Eizen

13. Online National Judgements Search Engines
Author: Lawyer SServices

14. The Future Of Legal Research - Legal Database
Author: Lawyer SServices

15. Convenient Tips On How To Print To Go Menus And Brochures
Author: Vikram Kumar

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: