Market Research Future has declared the expansion of the “Worldwide Nausea And Vomiting Treatment Market Research Report which gives Market Size, Shares and Forecasts till 2022. Nausea Medicine Market Report Analyzed By Type (Antacids, Antagonists), Mode of Administration (IV, Tablets), Indication (GERD, Chemotherapy), Indication (Gastroenteritis, Gastric Ulcer), End User (Hospitals, Clinics, Pharmaceutical Companies) – Global Forecast till 2023
Nausea Medicine Market Highlights
The global nausea medicine market is expected to grow at a CAGR of 7.2% Forecast to 2023. Nausea is a kind of stomach distress with involuntary urge to vomit due to a number of factors, such as stomach upset or gastric ulcers. Nausea is common among children and pregnant women. Few common indications of nausea are motion sickness, seasickness, medication, and chemotherapy.
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There has been an increase in gastrointestinal diseases such as gastroesophageal reflux disease (GERD), and viral gastroenteritis, which are mainly responsible for nausea. This increase is bound to propel the market growth in coming years as well. Moreover, availability of a wide range of treatment for nausea is envisaged to fuel the market growth. Apart from this, changing lifestyle with shift in dietary habits has brought about a positive influence on the market size.
Although the market is treading on a positive growth path, it will encounter some restraining factors. These are namely high preference for home remedies, particularly in emerging regions. Ingredients like ginger, lemon, garlic and such food items give tough competition to the conventional form of treatment.
However, it is also observed that these home remedies are temporary solutions, without healing completely. Thus, the market for nausea medicine will remain unaffected, as stated by industry experts.
Major Players in Nausea Medicine Market:
Some of the key players in the global market are Merck & Co., Inc. (U.S.), Sanofi (France), TESARO, Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Pfizer (U.S.), GlaxoSmithKline (U.S.), ANI Pharmaceuticals, Inc. (U.S.).
America rules the global nausea medicine market due to rising prevalence of nausea among pregnant women and children in the U.S and Latin America. Furthermore, availability of medicines for the treatment of nausea and rising awareness about the contraindications and safe use of medicines market also boost the market growth.
Europe acquires the second position in the market owing to rising prevalence of viral gastroenteritis. According to an article published in the journal of Clinical Virology, in Europe, acute infectious gastroenteritis is one of the major causes for substantial morbidity and economic loss.
Asia Pacific is the fastest growing market for nausea medicine due to lifestyle changes and unhealthy diet. Furthermore, prevalence of viral gastritis is also found to increasing. In Asia Pacific, the common cause of severe gastroenteritis in children less than 5 years of age, is rotavirus. The market in Asia Pacific is driven by an increasing demand for rapid diagnostics tests for gastrointestinal diseases and increasing awareness about available treatment options for viral gastroenteritis. Also, growing investments in the field of life science research and demand for advanced therapies for the treatment of nausea in developing nations such as China and India will propel the growth of the Asia Pacific market.
The market is Middle East & Africa is expected to show positive growth owing to an increase in the number of gastrointestinal problems such gastritis. Chemotherapy induced nausea is found to be prevalent in this region inducing the market growth.
The global nausea medicine market is segmented on the basis of type, mode of administration, indication, and end user.
On the basis of type, market is segmented into antacids, antagonists, anti-anxiety drugs, steroids, cannabinoids and others. Antacids are further segmented into serotonin (5-HT3) antagonists, NK-1 antagonists, and dopamine antagonists.
On the basis of mode of administration, the market is segmented into IV, tablets, and others.
On the basis of indication, the market is segmented into gastroesophageal reflux disease (GERD), viral gastroenteritis, motion sickness and seasickness, medication, chemotherapy, and others.
On the basis of end user, the market is segmented into hospitals, clinics, pharmaceutical companies, and others.
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Table Of Content
1. Report Prologue
2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
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