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Approval and Launch of New Products and High Prevalence of Cancer to Augment Growth of Opioid-Induced Constipation Treatment Market

07-30-2021 01:46 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Opioid Induced Constipation Treatment Market

Opioid Induced Constipation Treatment Market

Opioid-induced constipation (OIC) is caused by prolonged use of certain opioids, particularly for pain management. OIC may also be caused by taking long-term and excessive doses of narcotics with effects similar to dehydration, constipation, or nausea. OIC is a common condition affecting individuals with long-standing or steady use of powerful prescription pain medications like OxyContin, codeine and morphine, as well as individuals who take sedatives frequently or individuals who have other conditions like diarrhea, kidney or liver disease, or Crohn's disease.

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Market Dynamics

Approval and launch of new products is expected to propel growth of the opioid-induced constipation treatment market. For instance, in September 2020, Sandoz, the generics division of Novartis AG, received a positive reimbursement decision in the UK for Rizmoic (naldemedine). The National Institute for Health and Care Excellence, U.K., issued a recommendation in favor of the option for treating opioid-induced constipation in adults, after previous laxative treatment. Moreover, high prevalence of cancer is also expected to aid in growth of the market. For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the U.S.

The opioid-induced constipation treatment market is witnessing launch of generic products. For instance, in January 2021, Par Pharmaceutical, Inc. launched the first authorized generic version of Amitiza, indicated for the treatment of chronic idiopathic constipation and opioid-induced constipation in adult with chronic non-cancer pain.

Decrease in opioid prescribing rates is expected to hinder growth of the opioid-induced constipation treatment market. For instance, according to the Centers for Disease Control and Prevention’s surveillance summaries published in January 2020, in the U.S. opioid prescribing rates declined in all 11 states during 2010–2016 (range: 14.9% to 33.0%).
The opioid-induced constipation treatment is witnessing several divesture activities. For instance, in February 2020, AstraZeneca agreed to sublicense its global rights to Movantik (naloxegol), a peripherally acting mu-opioid receptor antagonist (PAMORA) indicated for the treatment of OIC, excluding Europe, Canada and Israel, to RedHill Biopharma.

Key Vendors of Opioid Induced Constipation Treatment Market: Daewoong Co. Ltd., Takeda Pharmaceutical Company Limited, Boehringer Ingelheim, Cosmo Pharmaceuticals, AstraZeneca plc, Abbott Laboratories, Valeant Pharmaceuticals, C.B. Fleet Company, Inc., and Bayer AG.

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Table of Content

Global Opioid Induced Constipation Treatment Market Research Report
Section 1: Global Opioid Induced Constipation Treatment Industry Overview
Section 2: Global Economic Impact on Opioid Induced Constipation Treatment Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Opioid Induced Constipation Treatment Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Opioid Induced Constipation Treatment Market Forecast

Contact Us

Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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