|07-17-2018 11:40 AM CET - Health & Medicine||
Mild Laxatives Market Key Market Drivers, Challenges, Enabling Technologies, Revenue Potential, Vendor Profiles and their Key Strategies 2028Mild Laxatives Market Key Market Drivers, Challenges, Enabling Technologies, Revenue Potential, Vendor Profiles an
Press release from: Fact.MR
Constipation is a commonly occurring digestive disorder and its prevalence is anticipated to only increase over time due to lifestyle changes. Approximately 2% to 27% people worldwide are affected by constipation and self-reported constipation rate stands at 27.2%. Approximately 85% of the doctors prescribe mild laxatives for constipation. The high prescription rate of mild laxatives will create huge opportunities for growth of the mild laxatives market during the forecast period. Mild laxatives are medicines used to relieve a person of constipation. Mild laxatives always provide sustained relief from constipation symptoms. Every year, 2 to 3 million patients are prescribed laxatives by healthcare practitioners in the United States. Mild laxatives are available over the counter. The main mild laxatives used for constipation are bulk-forming laxatives, osmotic laxatives, stimulant laxatives and stimulant laxatives. Bulk-forming laxatives are most common laxatives recommend to the patients to increase slow transit time.
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Mild Laxatives Market: Drivers and Restraints
The growing prevalence and recurrence of constipation is expected to be the major factor driving the growth of the mild laxatives market over the forecast period. Inactive lifestyle and unhealthy eating habits, irregular eating timings, lack of exercise and fewer sleep hours can be held responsible for the growing prevalence of constipation. Obesity is also a major factor responsible for increasing constipation problems. Rising obesity cases make another reason for the growth of the mild laxative market. Mild laxatives are safe to use for pregnant women and kids, which will create more growth opportunities for the players in the mild laxatives market. Over the counter product availability in the market will be a major factor expected to drive the mild laxatives market. The high prescription rate of mild laxatives for primary constipation treatment is expected to boost the growth of the mild laxatives market. Side effects associated with some mild laxatives are some of the factors expected to restrain mild laxatives market.
Mild Laxatives Market: Overview
The global market for mild laxatives is expected to witness moderate growth over the forecast period. Majority of the laxatives are introduced in the generic market and thus, there exists high competition among local and regional players. Among the product types, the bulk-forming laxatives are expected to lead in the global mild laxatives market over the forecast period. The Retail pharmacy distribution channel is expected to contribute high share in the global mild laxatives market as it is the most accessible channel and the majority of patients are recommended for outpatient treatment.
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Mild Laxatives Market: Regional Outlook
Geographically, the global mild laxatives market is segmented into North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America is expected to be the dominant market in the global mild laxatives market owing to the high prevalence of constipation. Constipation is the most common digestive complication in the United States. The mild laxatives market in the Asia Pacific excluding Japan is expected to grow at a significant CAGR due to the expansion of the product offerings by the key players. Europe is expected to hold the second large share in the global mild laxatives market throughout the forecast period owing to growing awareness regarding health-related problems.
Mild Laxatives Market: Key Players
Some of the key players operating in the global mild laxatives market are Bayer AG, GlaxoSmithKline Plc., Procter & Gamble Company, Abbott Laboratories, C. H. Boehringer Sohn AG & Co. KG, Sebela Pharmaceuticals, Inc., Purdue Pharma L.P., Takeda Pharmaceutical Company Ltd among others.
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