The global nausea medicine market Growth Accelerated by increasing prevalence of nausea induced by medication



Nausea medicine provide relief from nausea and vomiting caused due to various factors like motion sickness, pregnancy, chemotherapy, and gastrointestinal disorders. Growing prevalence of diseases inducing nausea along with rising number of patients receiving chemotherapy or undergoing surgery has increased demand for effective anti-emetic drugs. These factors support growth of the global nausea medicine market.

The global nausea medicine market size is estimated to be valued at US$ 2.8 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing prevalence of nausea induced due to medications have accelerated demand for effective nausea medications. It is observed that chemotherapy inducing drugs are major cause of nausea in cancer patients undergoing treatment. Around 70-80% patients receiving highly emetogenic chemotherapy experience vomiting and nausea. Growing cancer incidence worldwide have increased number of patients requiring chemotherapy. This has considerably boosted development and demand for 5-HT3 receptor antagonists along with NK1 receptor antagonists, which are majorly used for chemotherapy induced nausea. Manufacturers are engaged in developing these antiemetic drugs with improved efficacy and tolerability to cater needs of growing cancer patient pool.


Segment Analysis
The global nausea medicine market is dominated by the over-the-counter (OTC) segment. This can be attributed to the easy availability and low prices of OTC nausea medicines that make them the medicines of first choice for patients with mild symptoms. However, the prescription medicines segment is expected to grow at a higher pace during the forecast period due to the increasing demand for more effective drugs to treat severe nausea.

Key Takeaways
The global nausea medicine market is expected to witness high growth. The global nausea medicine market size is estimated to be valued at US$ 2.8 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030.

The Asia Pacific region is expected to grow at the fastest pace during the forecast period. This can be attributed to the large population suffering from cancer and other gastric disorders in densely populated countries such as China and India. Rising healthcare infrastructure and expenditure in these countries are further expected to fuel market growth.

Key players
Key players operating in the nausea medicine market are GlaxoSmithKline plc., Pfizer Inc., Novartis International AG, Sanofi S.A., Merck & Co., Inc., Johnson & Johnson, Bayer AG, Takeda Pharmaceutical Company Limited, AstraZeneca plc., and Eli Lilly and Company.

Comments

Post a Comment

Popular posts from this blog

Neuroendocrine Cancer is the fastest growing segment fueling the growth of Pituitary Cancer Market

Image
The pituitary cancer market comprises of medical treatment options for patients diagnosed with pituitary cancer. Pituitary cancers are rare tumors that start in the pituitary gland which is a pea-sized gland located at the base of the brain.  The global Pituitary Cancer Market is estimated to be valued at US$ 380.7 Mn in 2023 and is expected to exhibit a CAGR of 9.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.    Market key trends: One of the key trends fueling the growth of the pituitary cancer market is rising preference of targeted drug therapy over conventional chemotherapy. Targeted drug therapies mainly include somatostatin analogs and dopamine agonists which directly act on cancer cells and have less side effects compared to chemotherapy. These targeted drugs are effective in controlling symptoms and slowing tumor growth in patients with hormone secreting pituitary adenomas and carcinomas. The targe...
Read more

Enhancing Patient Care and Comfort: The Evolution of Hospital Beds

Image
  Hospital beds play a crucial role in patient care, providing comfort, safety, and functionality for individuals requiring medical attention. Over the years, advancements in technology and design have revolutionized hospital beds, leading to improved patient outcomes and caregiver efficiency. From basic adjustable beds to sophisticated models equipped with cutting-edge features, the evolution of hospital beds has transformed the healthcare landscape. Evolution of Hospital Beds: Historically, hospital beds were simple in design, primarily consisting of a metal frame with adjustable height and manual controls. However, as medical practices advanced and patient needs became more complex, the demand for more versatile and ergonomic hospital beds grew. In recent decades, significant strides have been made in the development of hospital bed technology. Modern hospital beds are designed with a focus on patient comfort, safety, and mobility. Features such as electronic controls, motorize...
Read more

Dry Eye Disease Market is Estimated to Witness High Growth Owing to Rising Awareness About Disease Management

Image
  Dry eye disease, also known as keratoconjunctivitis sicca, is a multifactorial disease of the ocular surface characterized by lack of sufficient moisture and tear film instability. Common symptoms of dry eye include stingy or burning sensation in eyes and blurred vision.   Market Dynamics : The Dry Eye Disease Market is witnessing high growth owing to rising awareness about disease management and increasing number of people experiencing symptoms of dry eyes. According to the report, increasing usage of electronic devices and prolonged screen time is a major driver fueling the demand for dry eye treatments. Additionally, growing geriatric population worldwide who are more prone to dry eyes is also contributing to the market growth. Availability of various treatment options along with new product launches is further expected to boost the market during forecast period.   Increasing Prevalence of Dry Eye Disease is Driving Market Growth   One of the major market drive...
Read more