Laxatives Market is expected to grow significantly over the forecast period. The global laxatives market was valued at approximately USD 5,574.6 million in 2017 and is projected to grow with a 5.9% CAGR over the forecast period.
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 relieving temporary constipation.
The key factors driving the market growth are increasing sedentary lifestyle, lack of exercise, diet-related factors such as eating unhealthy and junk food. Moreover, the higher prevalence of constipation in the geriatric population also boosts the laxatives market.
However, factors such as side effects associated with the drug and the presence of alternative medications are expected to hamper the market growth.
Segmentation
The global laxatives market has been segmented into drug type, route of administration, indication, end users, and region.
Based on drug type, the global market has been segmented into hyperosmotic, bulk-forming, stool softeners, lubricants, stimulants, and others.
Based on route of administration, the global market has been divided into oral and rectal.
Based on indication, the global laxatives market has been segmented into chronic constipation, irritable bowel syndrome, and others.
The global market, by end user, has been segmented into hospitals & clinics, research institutes, and others.
The global laxative market, by region, has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The laxatives market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.
The European laxatives market has been segmented into Western Europe and Eastern Europe. Western Europe has segmented into the UK, Germany, France, Spain, Italy, and the rest of Western Europe.
The Asia-Pacific laxatives market has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.
The laxatives market in the Middle East & Africa has been segmented into the Middle East and Africa. The increasing development in healthcare infrastructure and the growing economy in countries such as Kuwait, Iran, Israel, and Iraq drive the market growth in this region.
Key Players
Bayer AG (Germany), Boehringer Ingelheim Pharmaceuticals Inc. (Germany), Eskag Pharma Pvt. Ltd. (India), GlaxoSmithKline Plc (UK), Procter & Gamble Company (US), Purdue Pharma L.P.(US), Mallinckrodt Pharmaceuticals (UK) , Abbott Laboratories (US) , Braintree (US), AstraZeneca plc (UK), Sucampo Pharmaceuticals (US) are some of the key players operating in the global laxatives market.
Global Durable Medical Equipment Market, by Drug Type
- Hyperosmotic
- Bulk-Forming
- Stool Softeners
- Lubricants
- Stimulants
- Others
Global Durable Medical Equipment Market, by Route of Administration
Global Durable Medical Equipment Market, by Indication
- Chronic Constipation
- Irritable Bowel Syndrome
- Others
Global Durable Medical Equipment Market, by End User
- Hospitals & Clinics
- Research Institutes
- Others
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