Overview and Scope
The antidiarrheal drugs refer to drugs that relieve the frequent passing of a watery, loose stool, one of the symptoms of diarrhoea. According to their shared chemical or functional properties, antidiarrheal medications can generally be grouped into three groups: adsorbents, antimotility agents, and bacterial replacements (probiotics).
Sizing and Forecast
The antidiarrhoeals market size has grown steadily in recent years. It will grow from <b>$3.76 billion in 2023 to $3.89 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. </b> The growth in the historic period can be attributed to disease prevalence, global health initiatives, aging population, pharmaceutical innovation, patient awareness.
The antidiarrhoeals market size is expected to see steady growth in the next few years. It will grow to <b>$4.41 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%. </b> The growth in the forecast period can be attributed to emerging markets, environmental factors, global health challenges, epidemiology and disease burden. Major trends in the forecast period include digital health and telemedicine, patient-centric care, self-care and over-the-counter (otc) products, personalized medicine, biotechnology advancements.
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Segmentation & Regional Insights
The antidiarrhoeals market covered in this report is segmented –
1) By Drug Class: Mucosal Protectants, Motility Modifying Drugs
2) By Application: Adults, Childrens
3) By Type: OTC drugs, Prescription Drugs
<b>North America</b> was the largest region in the antidiarrhoeals market in 2023. The regions covered in the antidiarrhoeals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in the number of diarrhea cases significantly contributes to the growth of the antidiarrheal drug market. According to UNICEF, diarrhea was the second leading cause of death among children under the age of 5 years that is responsible for killing 760,000 children every year. An increasing number of diarrheal cases increases the demand for antidiarrheal drugs market.
Key Industry Players
Major companies operating in the antidiarrhoeals market include <b>GlaxoSmithKline plc, Actelion Pharmaceuticals Ltd (a subsidiary of Johnson & Johnson), Perrigo Company plc, Lupin Limited, Glenmark Pharmaceuticals Limited, Merck & Co. Inc., Pfizer Inc., The Procter & Gamble Company, Sanofi-aventis U.S. LLC, Bayer AG, Johnson & Johnson, Novartis International AG, The Kroger Co., Harmon Stores Inc., Great Lakes Wholesale Marketing and Sales Inc., Geri-Care Pharmaceuticals Corp., Fred’s Inc., Dolgen Corporation, CVS Pharmacy Inc., American Sales Company, Cardinal Health Inc., Bedrock LLC, Greenbrier International Inc., Good Neighbor Pharmacy, Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Mylan N.V., Dr. Reddy’s Laboratories Ltd., Cadila Healthcare Ltd., Torrent Pharmaceuticals Ltd., Cipla Ltd., Aurobindo Pharma Ltd., Alkem Laboratories Ltd., Zydus Cadila Healthcare Ltd.</b>
The antidiarrheals market report table of contents includes:
1. Executive Summary
2.Antidiarrheals Market Characteristics
3.Antidiarrheals Market Trends And Strategies
4.Antidiarrheals Market analysis
5.Antidiarrheals Market Size And Growth
6.Antidiarrheals Segmentation
7.Antidiarrheals Regional And Country Analysis
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27.Antidiarrheals Competitive Landscape And Company Profiles
28.Antidiarrheals Key Mergers And Acquisitions
29.Antidiarrheals Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- GlaxoSmithKline plc
- Actelion Pharmaceuticals Ltd (a subsidiary of Johnson & Johnson)
- Perrigo Company plc
- Lupin Limited
- Glenmark Pharmaceuticals Limited
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