Anti Diarrheal Drugs Market 2018 Size, Analysis, Manufacturers, Countries, Type Forecast to 2025
28th
September 2018: Global Anti
Diarrheal Drugs Market is expected to grow at a significant CAGR in the
upcoming years as the scope and its applications are rising enormously across
the globe. The Antidiarrheal drug is any drug that relieves signs of diarrhea
and can be differentiated into groups based on chemical or functional
similarities. The WHO stated that diarrhea is second leading cause of death,
especially in children of age group less than 5 years. In addition, it is known
to be the main cause of malnutrition in children. The treatments such as nutrient
rich food, rehydration therapies, and administration of zinc supplements help
to treat the diarrheal disease.
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The factors that are playing a major role in the growth of Anti
Diarrheal Drugs Market are, increasing government initiative to develop
healthcare infrastructure and provide best healthcare facilities, rising
awareness for antidiarrheal drugs, and rising occurrence for diarrhea cases. On
the other hand, factors that are restraining overall market growth are drugs
side effects like bloating, constipation, nausea or vomiting, dizziness, and
fullness.
Anti
Diarrheal Drugs Industry is segmented based on types, product types, applications, and
region. Types such as OTC Drugs, Prescription Drugs, and others classify Anti
Diarrheal Drugs Market. Product types such as Mucosal Protectants and
Absorbents (Kaolin-Pectin and Activated Charcoal), and Motility Modifying Drugs
(Anticholinergics & Opiates, Antimicrobial Therapy, Anti-Toxins, and
Non-Steroidal Anti-Kaopectate) classify Anti Diarrheal Drugs Industry.
Applications into Adults, Children, and others classify Anti Diarrheal Drugs
Market. Anti Diarrheal Drugs Industry is segmented geographically into Americas
(North America, South America), Europe (Eastern Europe, Western Europe), Asia
Pacific, Latin America, Middle East and Africa.
Globally, North America accounts the largest market share of Anti
Diarrheal Drugs Industry and is estimated to lead the overall market in the
upcoming years. This is mainly due to the high demand for antidiarrheal drugs
and high occurrence of diarrhea cases. The United States is the key consumer of
Anti Diarrheal Drugs Market. Europe and Asia Pacific follow suit.
On the other hand, Asia Pacific is estimated to grow at fastest
pace in the upcoming years. The emerging economies like India and China are the
major consumer of Anti Diarrheal Drugs Market in Asia Pacific. The reason
being, unhygienic and improper sanitation procedures, raising awareness in the
healthcare facilities and infrastructure.
The key players of Anti Diarrheal Drugs Industry are Pfizer,
Actelion, Perrigo, Lupin, Glenmark Pharmaceuticals, and GSK. These players are
concentrating on inorganic growth to sustain themselves amongst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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