Press release
Anticholinergic Drugs Market Size(Volume & Value), Growth and Development Trends 2017-2025
The main objective of this report is to define, describe, and forecast the global “Anticholinergic Drugs” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Nephrology and urology disorders are common complications of cardiovascular diseases and diabetes. Certain drugs and unhealthy food habits are also known to cause nephrological and urological diseases. According to the National Institute of Diabetes and Digestive & Kidney Diseases approximately 26 million individuals in the U.S. suffer from chronic kidney diseases. Statistics also shows that about 87,000 patients die of kidney failure every year. Some of the commonly used drug classes for treating nephrological and urological disorders include diuretics, anti-hypertensive drugs, phosphate binders, and anti-cholinergic drugs, and 5-alpha-reductase inhibitors. Anticholinergic drugs block the action of acetylcholine, a chemical messenger that sends signals to brain and eventually triggers abnormal bladder contractions associated with overactive bladder. Acetylcholine controls several functions of the body that are not under voluntary control such as sweating, pupil dilation, contraction of bladder muscles, digestion, and salivation. With regard to nephrological and urological disorders, anticholinergic drugs are mostly used for treating overactive bladder.
Anticholinergic drugs are recommended for a wide range of conditions including overactive bladder, Parkinson’s disease, chronic obstructive pulmonary disease, vomiting, nausea, psychosis, and depression. Certain drugs such as oxybutynin and hyoscine are prescribed for their anticholinergic effect. Others exhibit anticholinergic activity not related to their primary mode of action, for example, ranitidine and carbamazepine. Increasing prevalence of neurological disorders drives the global anticholinergic drugs market. However, there has been keen interest in the harm caused by drugs with anticholinergic effect. Certain side-effects of these drugs such as dry mouth, constipation, blurry vision, sedation, decreased sweating, difficulty urinating, decreased saliva, and memory impairment restrain the global anticholinergic drugs market.
The global market for anticholinergic drugs, especially those used in nephrology and urology, is expected to expand at a moderate pace from 2017 to 2025. Some of the commonly prescribed anticholinergic drugs are Detrol (tolterodine) by Pfizer, Enablex (darifenacin) by Actavis, Vesicare (solifenacin) by Astellas Pharma US, Inc., Sanctura (trospium) by Allergan, Toviaz (fesoterodine) by Pfizer, and Ditropan XL (oxybutynin) by Janssen Pharmaceuticals. Recently, in July 2014, a research study conducted by the University of East Anglia revealed that long-term use of anticholinergic drugs could impact common physical functions of the patient.
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The global anticholinergic drugs market can be segmented based on drugs into natural and synthetic or semisynthetic drugs. Natural anticholinergic drugs include Atropine and Hyoscine (Scopolamine). Based on mechanism of action, the global anticholinergic drugs market can be segmented into mydriatic, anti-spasmodic, anti-parkinson, anti-ulcer, anti-asthmatic, pre-anesthetic, drugs for motion sickness, and drugs for urinary incontinence. Based on distribution channel, the global anticholinergic drugs market can be segmented into hospital pharmacies, clinics, hospitals, retail pharmacies, and online pharmacies.
Geographically, the global anticholinergic drugs market can be segmented into five major regions: North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa. Asia Pacific held the leading market share, followed by North America, in 2016. These two regions are expected to retain their positions from 2017 to 2025. Rising prevalence of neurological complications and increasing government initiatives that appear to be moving toward shorter periods of patent exclusivity for new drug applications are some of the factors driving the market in these regions. Moreover, large population, increasing disposable income, and growing awareness among patients are a few factors driving the market in Asia Pacific. Europe and Middle East & Africa are likely to present significant growth opportunities to the anticholinergic drugs market during the forecast period. This is attributable to increasing geriatric population in these regions.
Key players operating in the global anticholinergic drugs market are Pfizer, Inc., Astellas Pharma US, Inc., Allergan plc, and Janssen Pharmaceuticals (a Johnson & Johnson company).
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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